Why 2023 is the year of web3 social & how is mainstream going to adopt? by Tomi Fyrqvist (@fyrkkari)

Transcript

um I will try to answer the question of why 2023 uh why she doesn't want to care about uh best friend social uh it might be the time when the mainstream is going to adopt you can see my emails here as well so let's start with this big picture um why should anyone in there so if you've seen a small bubble here that's uh probably finely you need to defy users so uh

um you know their cryptosity that's basically A Thousand Miles slower than the total amount of social media users so even for myself you know I studied Finance I work at Global sex for four years it's um you know the finance of tends to be still less exciting than what's happening in social media so but for most people 400 million people on the planet

who also critical I guess uh mostly uh you know custody or exchanges um so this is a picture from my friends messaging estimating the total value distribution basically between the creators and the platforms so you might cannot care if you're not a Creator uh only in a negative case for example one of our Founders grandmother lost her whole basic history after having changed her as well so

through this kind of negative examples you might have to start hearing about owning your photograph but if you're a Creator then discipline in this equation you can see that there is a massive uh I think in the value distribution funnily enough only plants is probably the most spare platform out there so only from 80 80 creators 21 for the platform in terms of values um revenue and one billion creator of one YouTube uh and twins are probably somewhere individual but I think when I was running the numbers the maximum

volume and this is something that that blockchain can change so I'll have a bit more energy is different between the presentations but you can think of web through social media kind of what's it called where if you read Facebook uh you know you have to leave your friends behind because you're fundamentally never owned a um [Music]

entering the ecosystem so so I guess it's fundamentally uh the kind of bold case of crypto anyways so it needs a ways you know you have first which kind of what's the first social like written social uh first

layer of crypto and this one is going to be uh the the next big adaptation driver statistics so if you look at the current numbers there's 100 000 posts each day uh you won 2013. um so lens and cyber connect and all the other protocols have so far been aggregated adoption as they also speed around scaling so but you can see that the amount of holes is already growing quite large

the paper numbers we have about two million posts per week because people can also host in our app if they don't have a profile and then migraine company so so here's the post and the mirrors there's another uh so you know at the bottom you have the railroad guys

companies local maybe not but I think if I like to see the fact that you know in fact three you're never building alone that's a good support from Sunny uh the founder of Harvard you can see favor here um in the top left corner of the Providence so we kind of related to previous speech as well

um what kind of gave us more in general lens what's the back of me trying to extract the way um or anything else important which is recently announced or um

again it's very um Partners um this year which would mean that um most of the people are in the profiles when when it happens using the foreign

[Applause] Etc

um uh in a way this is such a game where Ben based on basically your reputation you can you can get a bigger purse is going to be on the platform and that's how we are able to build uh where it's um in order to earn the points in the system so these are final numbers as I mentioned over 100 0001 reactors we have really high retention that's uh

close to his Instagram benchmarks about 2 million likes even per week and 45 000 daily active users protocol traffic so far maybe I'll just leave their uh leaving for questions after all the title of this presentation is about social so we can try to keep it interactive and see what would be the most interesting things consciousness I think there was one question

so um uh how does a um [Applause] yeah that's a great question maybe just reverting back to this slide so for example what Twitter has been doing is selling uh the ticket warrants to operate doors trying to increase their revenue but that's essentially not a

very political way in order to distinguish between the walls and the cheaters in the system so now include because all of a sudden pretty much lost you know its original purpose so I think the beauty of everything because you can audit uh anything one chain so whether it's an e which you hold or it's cool foreign anyways in Facebook but then you're still at the emergency of their customer support that

was the case how one of our co-founders from one or plus 10 years of history in Facebook because you can basically take it back so I think there's no various kind of attributes blockchains different assets is [Music] pain amen so

many more to your thoughts on sorry yeah so [Music] um [Music] foreign [Music]

can you please so foreign [Applause] because

foreign members deserved thank you everyone yeah from the partners Society um thanks