Hello everyone, recently I had a very exciting and informative conversation with the creator of Floyx, about Floyx and Web3.
That little word "Web3" that everyone is talking about, without really understanding what it is. New evolution of the Web? New functionalities? New Technologies ? ... The debate is open, what is sure is that there is still no official definition of what is the "Web3" (When writing this article I went to Twitter, I wrote "#Web3" to see how many times it was mentioned in the last hour. Result? 2190 times mentioned in tweets!)
The points discussed with the creator of Floyx during our exchanges, focusing mostly on Social Networks, Web3, and of course "The new world's social media based on web3 and blockchain technology"
I had a lot of questions to ask him, a lot of concerns about the future of Social Networks/Media which are :
- How to fight against spam, or the avalanche of hate and insult messages
- How to avoid multiple account creation
- How to target what really interests us
The answers and explanations from the founder of Floyx were much further than I expected.
As we all know (or for those who don't) Web3 is all about Decentralization! Unlike our Web 2.0 where the big companies that manage the Media/Social Networks we use on a daily basis store all the data on their Private Servers.
Private Networks also mean that these companies allow themselves the right to monetise your private and personal data, and what is the result? They sell it to whoever wants to pay for it, and what does that get us? We are harassed by phone, email, etc. by all sorts of things we are not interested in, and the worst thing about it is that there is a good chance that they are scams!
What Web3 will bring is that the USER will have full control of his personal data, and will be able to decide HIMSELF what he wants to make public and thus monetize his data, so only the USER will benefit from the financial windfall, and Floyx will get nothing on this money.
You think this is a utopia? Well, think again. Wouldn't you be more interested in earning money on your personal information (that you want to make public) instead of having the Internet Giants do it for you and without your consent?
Another question. We all see it, every day. Many users post their entire private lives publicly: "Good morning, I just got up, it's a sunny day", "It's xxH, I'm going to work", "I just went to the bathroom, I feel better", etc ...
Web3 will provide a solution for these types of users, they will have the possibility to create a community whose members will be interested in this kind of Posts, while other communities are totally disinterested in it so that these 'posts' don't appear in the eyes of people who are not interested in them.
Another point needs special attention. Many people also spew their hatred on Social Networks/Media, or else allow themselves to insult anyone, to allow themselves the right to vehemently criticize personalities or governments in place, under the pretext that they are hidden behind their screens, thus (pseudo) protected. And if they are banned from these sites, they are not worried at all because they can create a new account, simply with a new email address, and thus continue to pollute these spaces of exchange.
What is Web3's response to this?
In the case of Floyx, it will be simple:
- Decentralized account = Web3 connection, i.e. 1 single account
- 1 Account means also 1 possible account for 1 defined User
- And so 1 Account = 1 verified Wallet
So why create several accounts? When only 1 account will suffice, because as long as we are part of a community, there will be no direct interaction with the other communities where we are members.
Let's take this example (maybe a bit too stereotypical, but you'll understand), you are an important person in a company, maybe even the director, or simply an employee, you share interests related to your company, so you know how to separate your private life from your public life. Let's go a little further (I want to repeat, I'm not writing this to upset anyone, but rather to bring you relevant information), you are a Man or a Woman, and you don't consider yourself Binary (in your affective life), So on the Media/Social Networks you will create a second account to be able to live your private life on the net with people who share the same interests as you, people who are similar to you, because you are afraid that your professional entourage will discover your little secret, and that this could have a negative impact on your professional relationships. Whereas in Web3 Social Media/Networks, there will be no interaction between different communities, you can participate in several communities, however different they may be, without there being any connection between them. So just like what you do in public life, separating your professional life from your private life, you will be able to do it without fear thanks to Web3.
As for members who will be overly critical, or who only generate public hatred under the guise of pseudo anonymity, Floyx's response is this:
The community is supposed to be the source of 'content verification' and quality.
Unlike the Net Giants, who dictate what is the truth or not, what is allowed or not (according to their terms of use, which every user is supposed to have read and accepted)
While on a Web 2.0 Media, the sanction will be the banning of the site, the Web3 Media will be based on a 'Reputation', because I remind you, who says decentralization, also says impossible to delete a user Profile, because they will not be hosted on Floyx Servers, but on a public Blockchain. In the same way that Floyx will not be able to censor the posted content
How will the 'Reputation' work?
The more you create or post content that is relevant to the community, content that will bring something useful, new knowledge, etc.. The more you interact with that community, the better for everyone, and the more interest you create from its members, the more reputation you gain, and the more opportunity you have to monetise your content.
As the founder of Floyx said
The basis of all conversations is listening to objective arguments, verification and informed conversation.
Conversely, a person who posts things that are not of interest to the community they are a part of, or if they make violent criticisms, or even if they are abusive, the community will have the opportunity to lower their reputation, with the consequences that this will have. (The same goes for the most extreme cases, such as members/topics relating to weapons, drugs, or even more serious)
There will be 3 levels of Reputation (and 3 different levels of monetization of your content)
- Contributor
- Neutral
- Troll
It goes without saying that the profile that will be considered as a Troll will have its interaction and functionalities restricted, and I remind you once again, this will not be defined by Floyx, but by a common decision of the community
We all know that not everything in life is beautiful or rosy, we all have moments of depression or the urge to rant, but we must think carefully before posting, because once it is online, it will be impossible to delete it, not even by the author, because it is registered on the Blockchain.
If a user has the status of 'Troll', he will still have the possibility to go back to a 'Neutral' status, but it will require a lot of work and effort from him to improve his status. If not, they will be invisible in the system, but will not be able to delete their account and start again. And conversely, if a 'Troll' does not make an effort to improve his situation, he will eventually be invisible in the system, without being deleted.
Conclusion
Web3 Media/Social Networks are not to be taken lightly.
In real life, if you say "Fuck you" to someone, you have to take the consequences, which can go all the way to Court with the punishment that follows. Web3 will work on the same principle:
- All actions, good or bad, involve consequences (beneficial or harmful), and the user will have to take responsibility for their words and actions.
The Internet is not supposed to be a place of hate, but on the contrary, we should all flourish, we can all learn and grow together. Humans are exciting, we all have different life experiences to share, knowledge to contribute, views to develop. We can all do this with respect for others. So why provoke hatred, when mutual help and understanding can only help us move forward.
Do you think that this is a utopia? Have you dreamt of this world which will be profitable to the greatest number and at all levels (knowledge, sharing, money)? Well, don't dream, Floyx has been working on this new world for several years, to offer you the best that the Web can bring
We are committed to creating a place where people can exchange valuable information with each other. Sharing thoughts, doing useful things
As the founder of Floyx told me
Do you have any questions, do you want to know more? Feel free to join us on Discord and ask us all your questions.
Christophe WILHELM