In today's era of technological interconnectivity, social media platforms have become deeply integrated into people's lives. Centralized social media platforms like WeChat, TikTok, Facebook, and YouTube, with their massive user bases and powerful network effects, have created remarkable business value. WeChat has a market capitalization of 7 trillion Hong Kong dollars, TikTok is valued at over $300 billion, YouTube's market value exceeds $100 billion, and Facebook is worth over $1.5 trillion. These platforms play a crucial role in entertainment, information dissemination, and business promotion, becoming an indispensable part of people's lives.
However, behind these platforms, there are numerous pain points. Users face significant threats to their privacy and security when using centralized social media platforms. Platforms typically collect a large amount of users' personal data, including interests, behaviors, and geographic locations, which may be misused, leaked, or accessed by unauthorized third parties. For example, Facebook experienced an incident where the data of 50 million users was sold, and companies like Yahoo, Adobe, Marriott International, and LinkedIn have also faced large-scale data breaches, with even the personal information of Singapore's Prime Minister Lee Hsien Loong being stolen. These events demonstrate that the data security issues of centralized social media platforms are severe, and users' privacy is difficult to effectively protect.
Data ownership and unfair constraints are also major problems with centralized social media platforms. On many platforms, user-generated data is subject to platform terms of service and privacy policies, and does not fully belong to the individual. This means that users lack sufficient control over their own data and find it difficult to share in the commercial benefits of their data. Although the data is generated by users, the platforms largely control the use and distribution of the data, a situation of unfairness that urgently needs to be addressed.
Furthermore, single review standards and algorithm filtering are common under the centralized management model. Platforms have the power to review and restrict the content users post, which may lead to the abuse of review standards, the formation of information cocoons, and the restriction of users' access to diverse information, as well as potentially infringing on users' freedom of speech and causing unfair treatment of certain groups. For example, some platforms may restrict or promote certain content based on their own interests or specific policies, thereby affecting users' information reception and opinion formation.
Unequal distribution of benefits is one of the most prominent pain points of centralized social media platforms. In theory, social media platforms are composed of the founding team and users, but in reality, the majority of the benefits are captured by a few, while the vast majority of creators and users are not adequately compensated. A popular influencer can earn a fortune through live streaming and e-commerce activities, but their fans hardly receive any economic benefits, even though they have contributed traffic and support to the influencer's success. This imbalance in benefit distribution means that the development achievements of the platforms do not fairly benefit all participants.
Web3 Will Support a Whole New Social Revolution
The emergence of blockchain technology has brought hope for solving these problems, becoming the core support for Web3 social media. One of the core ideas of blockchain is decentralization, where the operation and storage architecture are not dependent on a single organization or company, but on a vast network composed of numerous individuals or small teams of computers around the world. This decentralized feature ensures that no single entity can fully control the entire network, effectively avoiding the data abuse and privacy infringement issues of centralized platforms. For example, in Web3 social media platforms, user data is no longer centrally stored on a single server, but distributed across multiple nodes, greatly reducing the risk of data being controlled or leaked by a single entity.
Security is another important feature of blockchain technology, covering hardware-level security and data-level security. At the hardware level, blockchain networks have extremely high reliability, and even if a large number of nodes are damaged, as long as a small number of nodes remain operational, the network can maintain its functionality. For example, in a blockchain network with 10,000 nodes, even if 9,999 nodes fail, the remaining one node can still ensure the basic operation of the network, demonstrating its strong anti-attack capability. At the data level, blockchain uses advanced encryption algorithms to ensure data confidentiality, with data being encrypted during transmission and storage, making it almost impossible for unauthorized access to read or understand the data content. For example, the widespread use of public key encryption, symmetric encryption, and hash functions in blockchain makes it extremely difficult to crack blockchain private keys, providing unprecedented security protection for user data.
Consensus mechanisms are a key element in blockchain's implementation of fairness and transparency. In simple terms, the consensus mechanism ensures that the majority of network participants can reach a consensus on the validity of data and transactions. In a blockchain network, all node data must be kept consistent, which is achieved through mutual cooperation and information synchronization between nodes. For example, in a blockchain application similar to a family ledger, family members jointly record the family's income and expenses, with each person holding a copy of the same ledger, and any transaction must be recognized and recorded by all family members through mutual verification, ensuring the consistency and transparency of the accounts. This mechanism effectively prevents data tampering and fraud, as in a blockchain network, the malicious operations of a minority of nodes are unlikely to be recognized by the majority of nodes, thus ensuring the fairness and credibility of the system.
Smart contracts, as an execution system running on blockchain systems, bring automation and programmability to Web3 social media platforms. It allows users to formulate various rules on the blockchain and automatically execute contract terms without the intervention of third-party intermediaries. For example, in the content creation and revenue distribution scenario of Web3 social media platforms, smart contracts can automatically distribute the revenue generated by user-created content to the creators and relevant participants according to pre-set rules, ensuring the fairness and transparency of benefit distribution. The application of smart contracts not only improves transaction efficiency, but also reduces human interference, making the operation of social media platforms more fair and efficient.
DAO, or decentralized autonomous organization, is an important governance model for Web3 social media. It is built on smart contracts, aiming to realize the vision of community participation, democratic governance, trustlessness, and decentralized decision-making. In a DAO, community members can participate in the decision-making process of the organization on an equal footing, collectively determining the platform's development direction, rule-making, and resource allocation through voting, proposals, and other means. For example, in the content review mechanism of Web3 social media platforms, a DAO can allow community members to jointly participate in the formulation and implementation of review standards, avoiding the biases and unfairness that may arise from the single review standards of centralized platforms. The emergence of DAO makes the governance structure of social media platforms more flat and transparent, fully embodying the democratic spirit of Web3 social media and truly making users the masters of the platform.
Here is the English translation of the text, with the specified terms preserved:Creating a New Social Experience in Web3
As an innovative social platform in the Web3 era, INTO integrates various cutting-edge technologies to bring users a brand-new social experience. Its decentralized network architecture is the key to achieving social freedom. When users engage in social activities on the INTO platform, they don't need to worry about the intervention and monitoring of centralized institutions, and can freely express their views and share content. Whether it's personal life insights, hobbies, or professional knowledge and insights, they can be published without any worries, truly realizing social freedom. Compared to traditional social platforms, the INTO platform gives users complete privacy and autonomous control over their own data. User data is no longer arbitrarily collected and abused by the platform, but is decided by the users themselves in terms of usage and scope. For example, users can choose to encrypt certain data and only authorize others to access it under specific circumstances, effectively protecting personal privacy.
The adoption of the DAO governance model is another highlight of the INTO platform. Through this model, the platform issues its own governance tokens, and users' interactions and creations on the platform will be rewarded with corresponding tokens. For example, users who actively participate in chat interactions and publish high-quality content such as excellent articles, interesting pictures, or videos can receive INTO governance tokens as a reward. These tokens not only represent the user's contribution value on the platform, but also endow users with the right to participate in platform governance decisions. Users can vote on major issues such as function improvements, rule-making, and development plans based on the tokens they hold, and determine the future development direction of the platform. At the same time, as the platform grows, the market value of the INTO token is expected to increase, and the tokens held by users will also appreciate, bringing them actual economic benefits. This incentive mechanism greatly enhances the user's participation enthusiasm, prompting users to contribute more actively to the platform, forming a virtuous cycle and truly realizing the shared governance between users and the platform.
The AI technology integrated into the INTO platform also adds an intelligent touch to social interactions. In cross-national exchange scenarios, AI technology can automatically translate and explain chat content for users, breaking down language barriers and enabling users with different language backgrounds to communicate smoothly. For example, when a Chinese user and a French user chat on the INTO platform, AI can translate the Chinese text into French in real-time, and vice versa, and also explain the cultural background and semantics of the chat content to avoid misunderstandings caused by cultural differences. In addition, AI can also provide users with thoughtful and appropriate response suggestions by analyzing the tone and emotions of the chat. When users express confusion or dissatisfaction in the chat, AI can intelligently recommend suitable response scripts to help users better handle social relationships, improve the effectiveness and comfort of communication, and make social interactions more natural and efficient.
The integration of a cross-chain cryptocurrency wallet is a major feature and advantage of the INTO platform. It supports multi-chain operations, allowing users to freely switch between different blockchain networks and easily manage a variety of mainstream blockchain assets such as Ethereum, Polkadot, SOL, etc. This means that users no longer need to switch between multiple wallet applications or go through cumbersome operations and conversion steps to manage cross-chain assets, but can complete cross-chain asset management in a one-stop manner.
For example, users can view their digital assets on Ethereum and perform transaction operations on the Polkadot network within the same wallet interface, greatly improving the convenience and efficiency of asset management. At the same time, the wallet integrates digital identity management functions, providing users with a secure and trustworthy digital identity.
INTO uses SBT (Soulbound Token) technology to create a unique and non-transferable digital identity for each user, which is like a digital ID card in the Web3 era. This digital identity is closely linked to the user's wallet address, playing an important role in ensuring the security of user asset transactions. When users conduct transactions, the counterparty can verify their digital identity to confirm the security and credibility of the transaction, thereby establishing a reliable trust foundation between users in the social interaction and transaction process, allowing users to enjoy convenient social and transaction experiences without worrying about security issues.
INTO's multi-functional mini-program ecosystem provides users with a rich and diverse application selection, covering entertainment, life, work and other fields. Unlike the mini-programs on traditional social platforms, INTO's mini-program system is built on a decentralized architecture, breaking through the many restrictions of centralized platforms.
On traditional social platforms, mini-programs often rely on a single centralized server, with risks such as opaque review mechanisms, easy data tampering, and user privacy leaks. However, the INTO mini-program ecosystem returns power to users, who are no longer constrained by a single server when using mini-programs, and can freely explore various applications and enjoy fairer, more open and free services.
For example, users can use decentralized gaming mini-programs on the INTO platform without worrying about game data being tampered with or personal information being leaked; they can also use life service mini-programs such as online shopping and booking services, and enjoy convenient service experiences while ensuring privacy. These mini-programs collaborate with each other to build a vibrant and innovative ecosystem, further expanding the functionality and practicality of INTO's Web3 social interactions and meeting users' diverse needs in different scenarios.
INTO provides smart development and operation tools. Its modular development tools allow developers to quickly build and deploy mini-programs, and smart contracts realize automated operations, greatly improving development and management efficiency. For example, when creating a new Web3 application mini-program, developers can use modular tools to quickly build the framework, and smart contracts will automatically handle transaction, user permission and other operational matters within the application, reducing manual intervention and reducing the probability of errors.
The open developer platform provides global developers with open APIs and development tools, and allows users and developers to participate in platform management and development through decentralized governance mechanisms. This creates a free, fair and efficient environment for developers, promoting the birth of innovative applications. For example, developers from different regions can develop various Web3 applications based on the INTO platform, such as unique social interaction plugins and innovative financial service tools, and platform users can experience and provide feedback on these applications, jointly promoting the enrichment and improvement of the platform's application ecosystem.
INTO has huge potential in the social ecosystem. Once its social traffic is established, it can be extended to multiple fields such as advertising, video media, Web3 games, Web3 e-commerce, DeFi, DEX, RWA, Depin, and financial lending, just as WeChat has expanded its social traffic to create huge commercial value in multiple fields. For example, when INTO's user base reaches a certain scale, in the advertising business, it can conduct precise ad placement based on users' interests, behaviors and social relationships, allowing advertisers to choose specific communities or user groups to display ads, and the advertising revenue can be fed back to INTO token holders, which not only improves the advertising effectiveness and conversion rate, but also creates more earning opportunities for users.
Multiple Profit Models to Support Sustainable Platform Development
Web3 Gaming Ecosystem
In the gaming field, the INTO social ecosystem will introduce classic casual games such as Tetris, Plants vs. Zombies, Travel Frog, Temple Run, Subway Surfers, Snake, and Angry Birds. These games, with their simple gameplay, low thresholds, and suitability for fragmented time participation, cover a wide range of players from 5 to 70 years old, accounting for 70% of the global gaming user base. After the INTO mini-program ecosystem is launched, these classic games will be infused with Web3 technology vitality and combined with token incentive mechanisms, bringing players unprecedented gaming experiences. Games will create huge revenue for INTO.
Here is the English translation of the text, with the specified terms translated as requested:
Meme Ecosystem Propagation
In the cryptocurrency field, Meme projects have always had a strong influence and appeal in the market, relying on their unique cultural symbols, humorous themes, and the high participation of the community, whether in a bull or bear market, they can stir up wave after wave of enthusiasm. The INTO platform has keenly captured this trend and actively integrated into the Meme ecosystem. By creating unique Meme projects and fully utilizing the power of social networks to spread, Meme has quickly spread on the INTO platform.
For example, the platform can launch representative Meme images or themes, encouraging users to create content such as pictures, videos, and jokes around these elements, and share and spread them on social networks. At the same time, through the token incentive mechanism, users are encouraged to participate in the trading and promotion of Meme. When users trade Meme-related tokens or assets, the platform will obtain revenue from the transaction fees. In addition, INTO will also provide a secure and reliable trading environment for Meme projects, relying on smart contracts and blockchain technology to ensure the transparency and immutability of transactions, and protect the security of user assets.
In this way, the INTO platform not only can profit in the Meme ecosystem, but also further improve and optimize the platform's services and functions, attracting more users to participate in the ecological construction of the platform.
Ecosystem Application Internal Payment
In the INTO social ecosystem, it covers a rich and diverse range of application scenarios such as advertising, video media, Web3 games, Web3 e-commerce, DeFi, DEX, RWA, Depin, financial lending, and AI services, and all these scenarios are inseparable from the payment link. The INTO token plays a key role as a universal payment token in this process. Taking the game scenario as an example, players can use the INTO token for convenient payment when purchasing game equipment, game tokens, or recharging points; when shopping on the e-commerce platform, they can also use the INTO token to complete the commodity transaction; when using financial lending services, the INTO token can also be used to pay the relevant fees. The platform will then charge a certain percentage of the transaction fee from each payment using the INTO token, thereby realizing its profitability.
This integrated payment method not only provides users with a convenient and smooth payment experience, but also enhances user dependence and trust in the platform. As the INTO ecosystem continues to expand and the user scale continues to grow, the revenue from application payments is expected to show a significant growth trend. To ensure the security and stability of the payment system, INTO will also continue to introduce more advanced encryption technologies and risk control mechanisms to provide comprehensive protection for the payment process, ensuring the safety of user assets and the smooth progress of transactions.
Traffic Conversion and Operation Incubation
In terms of traffic operations, INTO has a mature and effective strategy. It can accurately guide social traffic to Web3 games, Web3 e-commerce, DeFi, DEX, RWA, Depin, financial lending and other ecological projects. For example, through in-depth analysis of user interests and behavior data, the traffic of users interested in games is directed to Web3 game projects, bringing a large number of potential players to the game projects, thereby improving the activity and revenue of the games.
For projects with potential, INTO will also provide comprehensive operational incubation support. The professional team will start from product optimization, user experience improvement, and marketing strategy formulation, to help the project grow. In this process, INTO will charge certain service fees or obtain long-term returns in the form of equity based on different cooperation models. At the same time, INTO has established a sound traffic evaluation and allocation mechanism. Based on big data analysis and intelligent algorithms, it accurately judges the potential and value of each project, ensuring that traffic can be efficiently allocated to the most needed and most promising projects. This not only improves the conversion rate and utilization efficiency of traffic, but also brings more cooperation opportunities and revenue sources to INTO, further consolidating the platform's competitiveness and influence in the Web3 social field.
Token Economy and Value Growth
INTO is still in its early stage, and its token is in a core position in the entire ecosystem. Its value is closely related to the number of platform users, the activity of transactions, and the expansion of application scenarios. As the number of platform users continues to increase, more and more users will participate in various activities on the INTO platform, such as social interaction, content creation, game entertainment, and e-commerce shopping, and the demand for INTO tokens will also rise accordingly. For example, in games, players need to use tokens to purchase props or participate in competitions; in social interactions, tokens can be used for tipping or purchasing exclusive services. This growing demand will drive the rise of token prices, bringing generous returns to early holders. To stabilize the value of the token and further enhance its attractiveness, the INTO team has carefully designed a reasonable token distribution mechanism to ensure the reasonable circulation and supply-demand balance of the token in the market.
At the same time, through buyback and destruction plans, the circulation supply of tokens will be reduced, thereby increasing the scarcity and value of the tokens. For example, when there is an oversupply of tokens in the market, the team can use certain funds to repurchase and destroy the tokens, reducing the total amount of tokens, and thereby increasing the value of each token. This measure not only helps attract more investors and users to join the INTO platform, but also enhances the stability and sustainability of the entire ecosystem, laying a solid foundation for the long-term development of the platform.
Advertising Revenue
The INTO platform adopts a brand-new advertising revenue model based on Web3 solutions and communities, fully utilizing the advantages of blockchain technology and user data to transform advertising, and sharing a portion of the advertising revenue with users holding the INTO token. In this innovative advertising model, advertisers can more accurately target their target users, improving the effectiveness and conversion rate of advertising placement. At the same time, users can also receive certain rewards for participating in advertising interactions, enhancing the stickiness between users and the platform.
For example, when users watch specific advertising content and complete related tasks, such as sharing, commenting, or purchasing recommended products, they will receive rewards in the form of INTO tokens. This interactive model not only brings actual benefits to users, but also allows advertisers to more accurately evaluate the advertising effect. In addition, the INTO platform also uses smart contracts to ensure the transparency and fairness of advertising transactions, preventing the occurrence of false advertising and fraudulent behavior. This makes the advertising market healthier and more orderly, attracting more high-quality advertising resources to the platform.
As the user scale of the INTO platform continues to expand and the activity level continues to rise, its advertising revenue is expected to achieve rapid growth, providing strong financial support for the platform's development and continuous innovation.
Looking to the Future, INTO Leads the New Era of WEB3 Social
In the thriving development wave of the Web3 social field, INTO is showing its infinite development potential with its unique innovative model and strong technical strength. With the continuous improvement of technology and the growing user demand, INTO is expected to attract more users to join in the future, and its user scale and influence will show an explosive growth trend. Currently, INTO has accumulated 12 million registered users, and this number is still steadily rising. With the launch of new features such as mini-program ecosystem and governance token airdrops, as well as the upcoming bull market, INTO will further expand its user base, not only attracting more early users and enthusiasts in the Web3 field, but also gradually penetrating into a wider range of ordinary Internet users.
Here is the English translation:For users, INTO provides a platform that truly realizes data autonomy and social freedom, allowing users to engage in social interaction, content creation, and value sharing in a safe and fair environment. Users are no longer passive participants in the platform, but become the core driving force of the platform's development, and they can obtain tangible rewards through their contributions, including token incentives, platform governance rights, and rich social experiences and economic benefits. For developers, INTO's open platform and smart development tools provide them with a broad space for innovation and an efficient development environment. Developers can build various innovative applications based on the INTO platform, and leverage its powerful ecosystem and traffic advantages to quickly turn their ideas into actual products, and receive corresponding economic incentives and community support.
The emergence of INTO is not only a profound transformation of the traditional social model, but also an important force in promoting the development of the digital economy, democratizing social governance, and strengthening the protection of individual rights. It has broken down the centralized barriers of traditional social platforms and built a fairer, more transparent, and more open social ecosystem, allowing users to truly control their digital identity and data assets, and achieve a dual enhancement of social value and economic value. In this process, INTO is expected to lead the social internet into a new era, bringing richer, more diverse, and more valuable social experiences to global users.
