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Creating a Decentralized and Composable Social Structure with Semantic SBT

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At the 2023 Hong Kong Web3 Carnival Hong Kong Social Innovation Night hosted by Relationship, Jessica, founder of the Web3 Social Graph Protocol, introduced how semantic SBT based

Creating a Decentralized and Composable Social Structure with Semantic SBT

At the 2023 Hong Kong Web3 Carnival Hong Kong Social Innovation Night hosted by Relationship, Jessica, founder of the Web3 Social Graph Protocol, introduced how semantic SBT based on Ethereum EIP6239 can construct a multi chain semantic middle layer and construct a decentralized and composable social structure. He said that Relation was about to release its economic model, and its ecological token REL would be air dropped for all users who hold. SOL Profile NFT and early community supporters.

Relationship plans to launch the ecological token REL this year and will support the Web3 application layer three token model

In the 2023 Hong Kong Web3 Carnival Hong Kong Social Innovation Night, Jessica, founder of the Web3 Social Graph Protocol, introduced how semantic SBT based on Ethereum EIP6239 can construct a multi chain semantic middle layer and build a decentralized and composable social structure. The event was hosted by Relationship, an organization focused on promoting innovative solutions for social impact.

What is Semantic SBT?

Semantic SBT is a protocol that uses Ethereum smart contracts to enable the creation of a decentralized social graph, which incorporates semantic metadata to enable truly connected networks. The protocol allows for the creation of identity graphs that can capture the relationships between people, organizations and content in a standardized way, allowing for interoperability between different graph implementations.

Building a Multi Chain Semantic Middle Layer

By leveraging Ethereum EIP6239, semantic SBT can construct a multi chain semantic middle layer that enables the decentralization of social structures. This middle layer can allow data and content to flow seamlessly between different chains, facilitating greater inclusivity and democratic participation in social networks.
Furthermore, by standardizing the metadata that is captured in social graphs, semantic SBT can generate much richer representations of people’s relationships and interactions with content. This can enable more advanced analysis and insights into social data, which can be invaluable for businesses and organizations that rely on social media analytics to drive their decision-making.

Constructing a Decentralized and Composable Social Structure

Perhaps the key benefit of semantic SBT, however, is its ability to construct a decentralized and composable social structure. By breaking down social networks into smaller, discrete pieces (which can be independently deployed on different chains), semantic SBT can build truly modular and flexible social networks.
This opens the door to exciting new opportunities for social innovation, such as the creation of niche social networks that cater to specific communities, or the development of decentralized social networks that can better resist censorship and control by centralized authorities.

The Release of Relation’s Economic Model

At the Hong Kong Social Innovation Night, Jessica also announced that Relationship was about to release its economic model. Relation is a decentralized social network that uses semantic SBT as its underlying protocol. Its ecological token, REL, would be air dropped for all users who hold SOL Profile NFT and early community supporters.
This represents a major milestone in the development of decentralized social networks. By incorporating a token economy into Relation, the platform can incentivize users to contribute value to the network, whether through content creation, participation in governance, or other activities.

Conclusion

Semantic SBT represents a major step forward in the development of decentralized social networks. By enabling the creation of a multi chain semantic middle layer, semantic SBT can facilitate the creation of decentralized and composable social structures that have significant societal and economic benefits. The upcoming release of Relation’s economic model, with REL tokens being air dropped to SOL Profile NFT holders and early supporters, is a further indication of the growing momentum behind this exciting new field.

FAQs

Q: What is Web3 Social Graph Protocol?
A: Web3 Social Graph Protocol is a protocol that uses Ethereum smart contracts to enable the creation of a decentralized social graph, which incorporates semantic metadata to enable truly connected networks.
Q: What is Semantic SBT?
A: Semantic SBT is a protocol that uses Ethereum smart contracts to enable the creation of a decentralized social graph, which incorporates semantic metadata to enable truly connected networks.
Q: What is REL?
A: REL is an ecological token of Relation, a decentralized social network that uses semantic SBT as its underlying protocol.

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