DAOrayakiResearch|Subsocial(ENG&CHN) - DAOrayaki

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2 years ago • 10 min read

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

DAOrayakiResearch|Subsocial(ENG&CHN) - DAOrayaki

DAO Tools

2 years ago • 10 min read • Loading Views

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

Subsocial

Financing:

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.

Introduction:

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.

Partners:

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.

Treasury:

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.

Monetization:

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.

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.

Contracts:

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/

Subsocial项目调研

英文调研人：Jones

中文调研人：朱丽白

调研日期：2021-4-23

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

市值：

募资金额：进行中

筹集目标：$500,000 USD

ICO价格：$0.175USD

代币名称：SUB

项目首次推出时间：

Substrate开发者大会sub0.1，2019年12月5日至6日–德国柏林召开。

介绍：

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。

团队成员：

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。

合作伙伴：

合作意味着成功，这将为Subsocial带来新面貌。目前，Subsocial与Acala、OpenSquare、Crust，团队展开合作。

Subsocial 治理机制：

Subsocial的治理机制与Polkadot和Kusama相同。但也有区别：

角色和权限：

默认情况下，Subsocial提供了四种内置的动态角色，空间拥有者可以为任何Subsocial账户指定角色，然后动态更新，并伴随着权限来区分账户拥有者的权限程度。下面我们列出这四种角色。

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。

基于空间的DAO：

角色和权限功能与DAO的特征类似。也就是说，可以在Subsocial上运行DAO，而用户（通过多重签名）可以监测Subsocial并从中获利。

此外，空间可以获得自己的代币，空间的所有权可以表示为空间代币的股权。因此，每个空间受制得益于自己治理机制，这也导致了每个空间都有一个由其代币持有人控制的财政。

另一方面，治理权限可以修改空间权限，角色，推选版主，甚至共同决定阻止不必要的内容。与Polkadot相似，Subsocial包含Subsocial平行链的另一层治理，代币持有者可以对链上的提案进行投票。而且，链的升级和金库的（treasury）费用支出将由链上治理者来决定。因此，升级可以是更新模块，来为空间提供新的功能。