According to an email release on Tuesday, social networking service MeWe stated it was able to move almost 170,000 of its users to Web3 in the months that followed its integration with the Frequency blockchain without interfering with their experience.MeWe announced in April at Consensus 2023 that it would be using the Polkadot parachain Frequency to enable its 20 million members to have self-sovereign blockchain-based IDs.
The creation of the Decentralized Social Networking Protocol (DSNP), which enables programs to provide Web3 capabilities to their users, gave rise to frequency.Project Liberty, a nonprofit organization started by billionaire Frank McCourt in the real estate industry, provided support to DSNP in an effort to challenge the Web2 social-network paradigm that underpinned sites like Facebook and X, the old Twitter.
“MeWe is showing the industry how forward-thinking platforms can offer the benefits of Web3, including the ability to reclaim their digital rights and data, without disrupting the user experience,” McCourt said in the announcement.