DAOrayakiResearch|Subsocial(ENG&CHN) - DAOrayaki

Subsocial is a social networking protocol based on Polkadot & IPFS.

DAOrayakiResearch|Subsocial(ENG&CHN) - DAOrayaki

Subsocial is a social networking protocol based on Polkadot & IPFS.

DAOrayaki Research | DAO Project——Subsocial

DAOrayaki DAO Research Grant;

Fund Address: DAOrayaki.eth

Voting Result:DAO Committee Yes

Grant Amount:170 USDC

Category: Polkadot, IPFS, Substrate framework, SoFi, Web 3.0

Social Network.

Contributor:Jones, Julie @Daorayaki



Fundraising amount: Ongoing.

Fundraising Goal: $500,000 USD

Subsocial ICO price: $0.175USD

Subsocial volume: As the project is relatively new, Subsocial volume still not issued yet.

First announcement: Substrate developer conference sub0.1, 5-6 December, 2019 – Berlin, Germany.

Launch date:  Subsocial is currently launched only on Testnet.

Token name: SUB stands for Subsocial.


Subsocial is a social networking protocol based on Polkadot & IPFS. As an open platform Subsocial allows anyone to start their own decentralized censorship-resistant social networks and marketplaces. Moreover, it is revolution in connecting social media with decentralized finance.

Team members:

The devemoplment of Subsocial is held by the DappForce team situated in Kyiv. This team led by Alex Siman, who successfully completed two grant projects for the Web3 Foundation and is now enrolled in the Substrate Builders program.


Collaboration means success and this is to bring new features to Subsocial. Currently, Subsocial is partnered with the following teams:

  • Acala.
  • OpenSquare.
  • Crust.

Subsocial governance mechanism:

The governance mechanism of Subsocial is the same as Polkadot and Kusama. However, some of the adjustments and key points are also mentioned below:

Roles and Permissions:

By default, Subsocial offers four built-in and dynamic roles, where the space owners can specify and then dynamically update the role for any Subsocial account, accompanied with permissions to distinguish the account owner’s degree of permissions. Below we list the four kinds of roles:

  • Everyone: refers to any account on the Subsocial blockchain.
  • None: no account can do this.
  • Follower: any account that follows a given space.
  • Space owner: a current owner of a given space.

Spaces as DAOs:

The functionality provided by the roles & permissions modules looks like a DAO’s characteristics. That is, a DAO might run a space on Subsocial, while multiple owners (via multisig) can monitor and monetize the content in Subsocial. In addition, spaces can obtain their own token, thus the ownership of the space can be represented as a stake in the space’s token. In the same manner, each space is subjected and could evolve by its own governance mechanism, resulting a treasury for each space controlled by its token holders.

On the other hand, Governance can be used to modify space permissions, roles, elect moderators, or even collectively decide how to block unwanted content. Similar to Polkadot, Subsocial contains another layer of governance for the Subsocial parachain where token holders can vote on proposals that appear on-chain. Moreover, the chain upgrades and the treasury money expenses will be left to the governance of the chain to decide. Hence, upgrades can be new modules that provide new functionality options for all spaces.


The Subsocial treasury is a chain-level pot of tokens that can be consumed on community proposals to enhance the project and its ecosystem, hoping in the future that the treasury could sponsor chain development, creating different web and mobile apps, etc.

Subsocial incentive mechanism:

Token tokenomics:

There is no final tokenomics concerning the Subsocial token, for that reason the information provided below may change according to the Subsocial dev team:

Token distribution in genesis block:

  • 20% Team & advisors.
  • 10-20% Private sale.
  • 20-30% Public sale.
  • 20% Dev grants, marketing, early adopters.
  • 20% Kusama PLO (parachain lease offering).

For now, the Subsocial token is not transferable yet. Moreover, after establish a connection to Kusama/Polkadot as a parachain, other project’s token can also be utilized on Subsocial platforms.


Subsocial offers its users various approaches to monetize, some them are built-in and some can be created by users on their own.

  • Tips: Are the simplest way for an author to get paid from the community, where an author can get paid per post, per comment, or even per space.
  • Subscription: In this case the author offers private content to different types of subscribers.
  • Selling or Renting: Subsocial made it possible to sell content as well as rent out posts or spaces, where the author retains the ownership and receives income.
  • Monetization-custom: any space-owners can provide his own custom algorithm for monetization, such that the only limit they face is their creativity.

SoFi: DeFi side by side with Social Networking

Social Finance (SoFi) is another form of finance where blockchain technology can revolutionize payments for social networks. Moreover, it is necessary and essential for creators to gather the benefit for their work, it is also valuable to let the community be the final judge to decide freely who to promote and reward.

With smart contracts enabled on Subsocial, the community is able to their own composable SoFi primitives, same as in DeFi space. These kinds of primitives are already under developing taking for example tips and paid subscriptions where they will be available at the release. Moreover, the Subsocial team hopes to add pay-per-view and NFTs in the runtime.


According to Subsocial blog, the team still gathering participants opinions about what kind of social and smart contracts could be included since the project still in its early stages. On the other hand, Users of Subsocial are not only limited to the pre-defined functionalities powered by the chain, they can deploy their own smart contracts to experience unlimited creativity.

Contact information:

Official Website: https://subsocial.network/

Social Media:

Twitter: https://twitter.com/SubsocialChain

Telegram: https://t.me/Subsocial

Discord: https://discord.com/invite/w2Rqy2M

Blog: https://app.subsocial.network/@subsocial

Github: https://github.com/dappforce

Block Explorer: https://subsocial.polkastats.io/





关键词:Polkadot、IPFS、Substrate framework、SoFi、Web 3.0、Social Network



筹集目标:$500,000 USD






Subsocial是一个基于Polkadot和IPFS的社交网络协议。作为一个开放的平台,Subsocial允许任何人开始他们自己的去中心化的防审查社交网络和市场。他们计划遵循 Polkadot 网络的拓扑结构,其中每个社区都将在其自己的 Substrate 链上运行,所有这些分散的社区都将连接到 Polkadot 中继。社交类项目具有较大的发展前景。在web3.0时代,随着ugc 模式的进一步优化,社交类项目依托代币激励机制,为创作者与关注者之间建立起直接的联系,同时使得社交网络的每位参与者能够直接获益。subsocial是连接社交媒体和去中心化金融的创新。因此,Subsocial可以看为是分布式的 Reddit、Stack Exchange 或 Medium 版本,同时,这些去中心化社区的用户能够通过 Polkadot 中继将其声誉、通证及其他价值从一个社区转移或共享到另一个社区。


Subsocial的开发由去中心化可扩展协议的DappForce团队负责。该团队由Alex Siman领导,他成功完成了Web3 基金会的两个资助项目,现已加入Substrate Builders计划。



Subsocial 治理机制:




  • 所有人:指Subsocial区块链上的任何账户。
  • 无:任何账户都不能做。
  • 关注者:任何关注某个空间的账户。
  • 空间所有者:一个给定空间的当前所有者。









创世区块(genesis block)中的代币分布:

  • 20%用于团队和顾问人员
  • 10-20%用于私募
  • 20%-30%公开销售
  • 20%用于开发补助,市场,早期成员
  • 20%用于Kusama PLO




  • 提示:这是作者从社区中获得报酬的最简单方法,在该社区中,作者可以根据帖子,评论甚至空间获得报酬。
  • 订阅:根据不同的订阅者需求,为订阅者单独提供定制内容。
  • 出售或出租:Subsocial使出售内容以及出租帖子或空间成为现实,作者保留所有权并获得收入。





通过在Subsocial上启用智能合约,社区可以使用可组合SoFi primitives,和DeFi类似。这些primitives类型已经在开发中,例如技巧和付费订阅功能,它们将会在发布时可用。此外,Subsocial小组希望在运行时添加按次付费和NFT功能。




官网: https://subsocial.network/



Telegram: https://t.me/Subsocial

Discord: https://discord.com/invite/w2Rqy2M

Blog: https://app.subsocial.network/@subsocial

Github: https://github.com/dappforce

Block Explorer: https://subsocial.polkastats.io/



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