Metya and CGV join hands, like stars shining in the crypto sky.
Metya, with its advanced blockchain architecture, ensures efficient and secure transactions, flexible and adaptable smart contracts, and excellent scalability, laying the foundation for applications.
CGV, with its strong capital, injects powerful momentum, and its extensive market resources accelerate the promotion and landing of projects.
The two forces combined, like wings added to a tiger, will precisely exert power in the digital wave, skillfully resolving risks, deeply exploring opportunities, using innovation as the sail and capital as the oar, breaking through the waves in the sea of encryption, jointly creating a grand blueprint, achieving a brilliant future, and leading the industry into a new era.

The blockchain and social networking landscapes are undergoing a radical transformation with Lens Labs' recent groundbreaking funding achievement. The company has successfully closed a strategic investment round totaling $31 million, signaling a pivotal moment for decentralized social experiences.
Leading the investment charge is Lightspeed Faction, accompanied by a prestigious consortium of investors including Avail, Circle, Consensys, DFG, Fabric Ventures, and Wintermute Ventures. The round also attracted notable angel investors such as Rune Christensen, Aleksander Larsen, and Illia Polosukhin, underscoring the significant industry interest in Lens Labs' vision.
At its core, Lens represents a revolutionary approach to merging social networking with decentralized finance, a concept known as SocialFi. This innovative model empowers users to monetize their social interactions, participate in platform governance, and create sustainable economic ecosystems directly through blockchain technology.
The brainchild of Stani Kulechov, Lens Labs is developing a high-performance Layer 2 network designed to address critical limitations in existing blockchain platforms. Kulechov emphasizes their commitment to creating a platform that transcends current technological barriers, offering developers and users an unprecedented level of flexibility and engagement.
What sets Lens apart is its comprehensive approach to user experience. The platform introduces groundbreaking features like gasless and signless transactions, which dramatically simplify user onboarding. By providing modular social tools that can be seamlessly integrated into various applications, Lens is creating a plug-and-play ecosystem for developers.
The upcoming Lens V3 protocol represents a significant leap forward in decentralized social networking. With its EVM-compatible validium chain and plans to transition to a zkSync-based Volition network, the platform promises enhanced scalability, security, and data integrity.
Samuel Harrison from Lightspeed Faction provides crucial context, highlighting the fundamental issues with existing Web2 social platforms. He argues that Lens offers a transformative alternative, prioritizing user transparency, ownership, and novel monetization opportunities that traditional platforms have failed to deliver.
Strategic partnerships with industry leaders like Uniswap, Chainlink, and Circle further validate Lens Labs' approach. These collaborations ensure that developers will have access to a robust and interconnected ecosystem of tools and integrations.
The mainnet launch, scheduled for early 2025, will leverage cutting-edge technologies from zkSync and Avail. This technical foundation promises to deliver a user experience that rivals, and potentially surpasses, traditional Web2 platforms while maintaining the core principles of decentralization.
As part of Avara, a web3 technology company with a proven track record of innovation, Lens Labs is positioning itself at the forefront of a digital revolution. The company's previous successes, including the Aave Protocol and GHO stablecoin, provide a strong foundation for this ambitious SocialFi initiative.
The $31 million funding round is more than just a financial milestone; it represents a significant vote of confidence in the potential of decentralized social networks. By offering users unprecedented control over their digital interactions and creating new economic opportunities, Lens Labs is not just building a platform—it's reimagining the future of online social experiences.
For those interested in the convergence of blockchain, social networking, and decentralized finance, Lens Labs offers a glimpse into a more transparent, user-centric digital future. The journey towards a truly decentralized social ecosystem is just beginning, and Lens is leading the way.

#lens #LensProtocol #socialfi #Avail #Circle

1. What is Web3?
✅ The next version of the internet, decentralized and user-controlled
2. What skill is useful for becoming an NFT artist?
✅ Photoshop and creative design
3. What's the key takeaway about Web3 careers?
✅ They're diverse, innovative, and growing fast
4. How do NFT artists earn in Web3?
✅ By selling their digital creations as NFTs
5. What's the main role of a Web3 content creator?
✅ Explaining blockchain in an engaging way
6. How can you get started in a Web3 career?
✅ Learn through online courses, join DAOs, and engage with communities
7. What does a Web3 community manager do?
✅ Engages with the community and answers user questions
8. What's a challenge in working in Web3?
✅ The industry is fast-moving and unpredictable
9. Who is the architect of Web3?
✅ Blockchain developers.
10. What do DeFi specialists focus on?
✅ Helping users with decentralized finance protocols like lending and borrowing.
11. What's a unique feature of networking in Web3?
✅ It often happens in community spaces like Discord or Telegram.
12. What does decentralization in SocialFi mean?
✅ No single company owns or controls the platfor
13. Why might you need to explain your Web3 job at family dinners?
✅ Because it's a new and confusing industry for man

💲 Social Media Meets Blockchain: Understanding SocialFi

1. What does SocialFi combine?
✅ Social media and decentralized finance
2. Why is SocialFi appealing to content creators?
✅ It allows them to earn directly without relying on ads
3. What is the main takeaway about SocialFi?
✅ It's where social media meets finance, letting users earn rewards
4. What technology powers SocialFi platforms?
✅ Blockchain
5. What makes SocialFi platforms different from traditional social media?
✅ Users earn rewards for their engagement
6. What is a major benefit of SocialFi?
✅ It lets users earn from their social media activity
7. What is one risk of SocialFi platforms?
✅ Token values can drop, reducing earnings
8. How can users earn in SocialFi platforms?
✅ By engaging with content, creating posts, or holding tokens
9. What is one way creators can monetize their content in SocialFi?
✅ Minting their posts as NFTs
10. What's a common challenge for SocialFi platforms?
✅ Earnings depend on the value of
11. What's an example of earning rewards on SocialFi?
✅ Posting content and receiving tokens as reward.
12. What does decentralization in SocialFi mean?
✅ No single company owns or controls the platform.
13. What does decentralization in SocialFi mean?
✅ No single company owns or controls the platform.
#socialfi #BinanceLaunchpoolVANA $BTC

Socrates, a pioneering Web3 social media platform, has attracted a substantial number of users engaging in debates and earning rewards on the platform over the past few months. Last month, Socrates issued its governance token, SOC, and conducted two airdrop events to express gratitude to early active users. With much anticipation, SOC will be available on BitMart, MEXC, BingX, and LBANK. The SOC/USDT trading pair will be officially available for trading at 07:00 (UTC) on January 29, 2024.
Upholding the core principles of GameFi and SocialFi, SOC is set to unlock new possibilities for its holders. Future SOC holders will have the unique opportunity to upgrade their NFT Pioneer Pens with different attributes, adding more excitement to the entire Socrates platform. This enhancement will enable users to develop their own reward strategies, making SOC even more appealing to a broader audience. As the platform continues to evolve, it is evident that SOC is not just a cryptocurrency but a dynamic ecosystem fostering engagement, creativity, and user-driven development.
More About SOC
SOC is the governance token for Socrates, which is an ERC-20 governance token native to the Ethereum Mainnet chain. The platform empowers its token holders with the authority to influence its developmental trajectory through voting on pivotal governance decisions, updates, and proposals. SOC stands as the cornerstone of a system designed to revolutionize communication and idea exchange, positioning itself as a leader in integrating blockchain principles with social interaction.
Based on ERC20, SOC has a total supply of 100 million (i.e. 100,000,000). The SOC token distribution is as follows: 51% to Socrates community members, 25% to the Socrates Ecosystem Foundation, 15% to the founding team, 5% for marketing, and 4% to early-stage investors.
The SOC token is poised for its debut on LBank, BitMart, BingX and MEXC at 7:00 UTC on January 29, 2024. Users who are interested in SOC can easily buy and sell on LBank Exchange now.
Token address: 0x3250577E12b9469915C1Fa3a71C22817Ca44C4D9 https://etherscan.io/token/0x3250577E12b9469915C1Fa3a71C22817Ca44C4D9Token decimal: 18Token Supply: 100,000,000 SOC
To learn more about Socrates (SOC), please visit our Website, follow our X (Twitter), and join our Telegram.
About Socrates
Socrates is the world’s first SocialFi Debate-to-Earn platform, revolutionising how individuals engage with social media. Merging the best of Social-Fi and Game-Fi, the platform offers a unique opportunity for users to earn rewards through participating in multiple-choice Q&As, debates, and sharing knowledge. It encourages free thinking and battles misinformation with an intuitive interface that supports open debates on diverse topics, from politics to entertainment.
Socrates is dedicated to empowering individuals to voice honest opinions and share diverse perspectives. The platform features an incentivised ecosystem where interactions contribute to the prize pool of each question, rewarding meaningful contributions and popular discussions. Utilising decentralised blockchain technology, it ensures transparency, security, and privacy, enhancing user experience while reducing spam.
As a global, community-focused organisation, Socrates breaks geographical barriers, driven by members from various sectors in fintech, web3, and crypto. Committed to expanding access to unfiltered dialogue, Socrates shapes a future where every voice is heard and valued.
Learn more at socrates.com.
Reference: https://nftstudio24.com/socrates-soc-token-makes-a-splash-in-crypto-markets-with-exchange-listings/
#SOC #cryptonews #socialfi #GamingRevolution #Socrates

SocialFi: Redefining Social Media with Decentralized Finance
Social media has become an undeniable force in our lives. But what if users had more control over their online presence and could directly benefit from their content and interactions? Enter SocialFi, a revolutionary concept that merges the power of Decentralized Finance #DeFi with social media, creating a more equitable and user-centric online experience.
What is SocialFi?
#SocialFi short for Social Finance, is a transformative concept that empowers individuals by allowing them to monetize their social interactions. It disrupts the traditional social media model where platforms hold the power and users simply consume content. Here's what sets #socialfi apart:
Tokenized Social Capital: Your social influence and engagement are translated into tangible value through tokens.Blockchain-based Data Storage: Information is secured and transparent, mitigating manipulation and censorship.Decentralized Governance: DAOs (Decentralized Autonomous Organizations) give users control over protocols, reducing reliance on centralized decision-making.
How Does SocialFi Work?
Imagine a social media platform where creators can directly engage their audience and earn rewards for their content and interactions. This is the essence of SocialFi. Similar to Patreon, creators can bypass intermediaries and build a direct relationship with their supporters.
Uniquely, SocialFi leverages elements like:
#NFTs (Non-Fungible Tokens): Content creators can own and monetize their work through NFTs, fostering digital ownership.DAO Governance: Users participate in platform governance through DAOs, ensuring a more democratic and user-driven ecosystem.
SocialFi vs. DeSoc (Decentralized Social Networks)
While both SocialFi and DeSoc aim to create a decentralized social media landscape, their primary focus differs. DeSoc prioritizes user-owned identities and data control, whereas SocialFi emphasizes monetizing social interactions. Both offer content hosting and audience engagement, but SocialFi introduces the financial aspect.
Why Does SocialFi Matter?
Existing Web2 platforms have limitations. They centralize control, limit individual brand value, and raise concerns about censorship, privacy, and data monetization. SocialFi, rooted in #Web3 principles, offers a solution:
Tokenize Your Influence: Convert your social capital into a measurable token, giving it tangible value.Empower Users: Transition from passive participants to active contributors who can monetize their content and influence.Decentralized Curation: Mitigate censorship by shifting content moderation to a collective responsibility.
The Future of SocialFi
SocialFi holds immense potential to reshape online interactions. It empowers users, facilitates commerce between creators and audiences, and promotes a more democratic and transparent online environment. As SocialFi evolves, we can expect a shift towards a user-centric social media landscape where ownership, control, and value creation are placed firmly in the hands of the users.

The convergence of blockchain technology’s transformative potential with the gaming industry’s limitless creativity is quietly heralding a disruptive shift in the realm of Web3 gaming. However, to unearth and realize the potential value of Web3 gaming, relying solely on a single technology or platform is far from sufficient. It calls for an open, symbiotic, and sustainable ecosystem, calling for fundamental shifts in values ​​and behavioral logic among participants.
Social interaction, as the most successful business model in the Internet field, encompasses people’s daily social, shopping, work, business, gaming, finance, video, and live streaming activities, forming a diverse ecosystem. By creating the first batch of user traffic based on Web3 social interaction, developing gaming ecology to bring users new social and entertainment methods, further increasing user stickiness, and bringing more users and traffic to INTO, it continuously empowers the ecosystem. INTO not only provides the necessary technical and economic infrastructure for Web3 gaming but also opens up an innovative path for the integration and development of gaming ecology. During social interaction, it can realize the aggregation of social finance, social e-commerce, social gaming, social media, and other ecosystems, thereby achieving stronger user stickiness and activity.

Opening the Door to Change: Unveiling the Innovative Path of Web3 Gaming
When it comes to Web3 gaming, initially game developers and platforms typically reap the majority of profits, while players’ contributions often go unrewarded. This imbalance dampens players’ enthusiasm and hinders the healthy development of the gaming ecosystem.To tap into the true potential of Web3 gaming, we need to completely overhaul how value is distributed, making sure that everyone involved gets a fair share for their contributions.
Secondly, the prevailing model for producing game content is predominantly a top-down, one-directional approach, which can suppress player creativity and diminish their sense of involvement.This leads to problems such as homogenization of game content and rigid gameplay, weakening the innovation vitality of the gaming ecosystem. To fully unleash the creative potential of Web3 gaming, the method of content production must be fundamentally reconstructed, allowing every player to become a co-creator of the gaming world.
Finally, in traditional gaming ecosystems, game assets and value are difficult to freely flow across game and platform boundaries, severely constraining the prosperity of the gaming economy. To build a highly connected, dynamically circular Web3 gaming economic system, the path of value circulation must be fundamentally reconstructed, allowing game value to be efficiently allocated and appreciated on a larger scale. INTO’s first Web3 game Phantom Arena, where both wins and losses yield value returns, is set to start closed beta testing in early April. Each game requires holding Phantom Arena NFTs to participate, with only 10,000 NFTs initially issued, making them scarce resources with significant value appreciation potential.
The earlier you own a Phantom Arena NFT, the earlier you have a social node and access to early game dividends. However, the initial batch of NFTs is limited in release, and acquiring Phantom Arena NFTs later on will only be possible by buying them on the NFT marketplace or by hatching Phantom Babies.
The Phantom Baby hatching model aims to achieve shared ecological traffic, incentivize and mobilize active participation in all projects in the INTO social ecosystem, empowering their project tokens with value again, and attracting more ecological projects to join the INTO ecosystem and Match public chain, bringing in more user traffic into the INTO ecosystem market, once again forming a traffic aggregation effect, and further promoting the prosperity and development of the entire INTO Web3 social ecosystem system.
Currently, the Star Project of the INTO platform has attracted communities of 30 projects globally. This Phantom Baby hatching plan will once again empower the community with value and attract more projects, guilds, and DAOs to join the INTO ecosystem.
In summary, these problems are difficult to solve in the current network environment. To reconstruct the value system of Web3 gaming from the perspective of the ecosystem, a truly open, shared, and sustainable gaming new ecosystem must be built through systematic changes in technology, mechanisms, culture, and other aspects. This ecosystem will completely overturn the traditional value logic of games, enabling every participant to become the protagonist of the gaming world, providing fertile ground for every idea to be realized, and ensuring maximum circulation and appreciation of every value. This is the fundamental starting point and foothold for INTO to reconstruct the Web3 gaming ecosystem.

INTO Reshaping the Gaming World: Exploring the New Landscape of Web3 Gaming
The new ecosystem of Web3 gaming reconstructed by INTO is a value-centric, player-centric, creativity-oriented, and co-building-oriented ecosystem. In this system, the game is an open, dynamic, and continuously evolving value network. In this ecosystem, INTO’s Web3 game Phantom Arena is compatible with three public chains: Match, BSC, and ETH. The game features built-in NFT generation, an NFT marketplace, equipment exchange, NFT pools, and offers multiple players the opportunity to engage in real-time battles in chosen arenas to attain top rankings and win various rewards.
Firstly, by introducing blockchain and tokenomics, INTO’s gaming ecosystem will feature a transparent, fair, and trustworthy value distribution mechanism. Under this mechanism, every participant’s contribution, whether playing games, creating content, or providing computational resources, will receive corresponding token rewards. These rewards not only reflect the immediate value of participants but also represent their long-term commitment and trust in the gaming ecosystem. Through this approach, INTO achieves fair distribution of game earnings among all participants, stimulating intrinsic motivation for participation and contribution.
Secondly, by introducing DAO mechanisms, INTO hands over the decision-making power of the game to the player community. In this ecosystem, every token holder can equally participate in the governance process of the game, including proposing, discussing, and voting. These proposals may involve modifications to game rules, allocation of development resources, arbitration of disputes, and more. Through DAO, the development direction and major decisions of the game will be jointly determined by community members. The “community-driven” governance model guarantees that the game’s development is consistently aligned with the players’ interests and needs, thereby actualizing true player autonomy.
Ultimately, this ecosystem facilitates the reconfiguration of game value exchange. INTO creates an open, interconnected value network that seamlessly integrates in-game value with external value circulation channels.Within the ecosystem, players can freely trade, lease, and stake their game assets (such as NFTs, tokens, etc.), facilitating value flow and appreciation. Outside the ecosystem, INTO also supports cross-chain value transfer and cross-platform identity authentication, allowing players’ assets and identities to migrate freely between different games and platforms. Through this approach, INTO greatly expands the space for game value circulation, enabling every piece of value to find the best path to realization.
INTO drives the construction of a new ecosystem for Web3 gaming

INTO’s drive towards the construction of a new ecosystem for Web3 gaming can be summarized as a “three-in-one” ecological restructuring strategy. These four dimensions are respectively the value reconstruction at the technical level, the incentive reconstruction at the economic level, and the governance reconstruction at the community level. They support each other, promote each other, and together build INTO’s Web3 gaming ecosystem.
Firstly, at the technical level, by utilizing blockchain technology, INTO builds a secure, transparent, and trustworthy value infrastructure. Specifically, INTO utilizes the characteristics of blockchain such as distributed ledger and smart contracts to digitize and tokenize game assets. Each virtual item within the game, such as equipment, props, characters, etc., is mapped to a unique NFT. These NFTs represent the real ownership of players over game assets and can be freely traded, leased, pledged, etc., similar to real-world assets, achieving value reconstruction.
Secondly, at the economic level, INTO designs a mutually beneficial token economic model to build a fair, efficient, and sustainable value distribution mechanism. In this system, INTO’s gaming ecosystem will use $TOX, and players can earn $TOX by contributing in the game, such as gameplay duration, achievement levels, content creation, resource sharing, etc. These $TOX tokens are not only immediate rewards for player contributions but also basic credentials for participating in game governance and sharing game earnings. In this model, every game action of players is a process of creating value and can receive corresponding economic returns, greatly stimulating players’ enthusiasm and creativity, providing a continuous source of intrinsic motivation for the prosperity of the gaming ecosystem.
Lastly, at the community level, it is through shaping values and establishing behavioral paradigms to build an open, inclusive, and innovative gaming culture ecosystem. INTO advocates core Web3 values such as “decentralization,” “co-creation and sharing,” and “player sovereignty,” deeply embedding them into game design, community building, economic models, etc. Guided by these principles, INTO actively promotes the openness of game creation and gameplay, encourages player participation in the production and governance of game content, advocates for shared mechanisms for resources and earnings, promotes the fair distribution of game benefits among all participants, and consistently upholds the principle of player interests first, respecting and safeguarding players’ sovereignty rights over their game assets and data.
It can be foreseen that as INTO’s ecological restructuring continues to deepen, a truly meaningful Web3 gaming new ecosystem, a new type of gaming economic form characterized by player-centeredness, creativity orientation, and co-building and sharing, will accelerate under INTO’s leadership. The rise of this new ecosystem will not only redefine the direction of the gaming industry, it will also offer a clear and impactful example of what the digital economy era will bring.

[>>> READ ORIGINAL ARTICLE <<<](undefined)

ABOUT INTOVERSE:
INTO is a pioneering Web3 social protocol, leveraging blockchain and AI technology. It offers features such as crypto wallets, SocialFi, the SoulBound Token (SBT), AI tools, and more. INTO’s mission is to create a globalized Web3 social network, fostering an open, free, engaging, compatible, and secure communication environment for users worldwide.
Website | Twitter | Discord | Telegram

#socialfi #web3crypto #Web3SocialMedia #INTOverse #IntoTheFuture

In this digital age, data has become an intangible wealth, and the ways in which we control and utilize data are undergoing profound changes. When we talk about big data, we often focus on its vast scale, high value, and wide-ranging applications. However, we rarely ask: where does this data come from? And where will it go? Under the traditional internet model, user data is monopolized by platforms, leaving users in an exploited position in data production. This unequal data production relationship not only violates users’ data rights but also hinders the full realization of data value.
However, the emergence of Web3 technology offers the possibility to reshape data production relationships and build a new type of big data ecosystem. The principles advocated by Web3, such as decentralization and user-controlled data, align perfectly with INTO’s concept of “user data sovereignty.” INTO is building a new Web3 big data ecosystem where users have autonomous control over their data, and data value returns to users, all based on Web3 technology. Through systematic reshaping of data rights, circulation, application, distribution, and other processes, a completely new mechanism for the socialization of data operations is being constructed. This mechanism, centered around users, adheres to the principle of compatible incentives, guided by open collaboration, and aims for value sharing, painting a beautiful picture of a new Web3 big data ecosystem.

Traditional Data Hegemony Encounters Decentralization Revolution
In the earlier days of the internet, ‘big data’ typically meant that massive corporations had exclusive control over vast quantities of data. Taking advantage of their platform’s reach, these companies harvested and stockpiled extensive user data in various ways, essentially building vast data kingdoms. Much of this data was gathered without users fully realizing it, as they engaged in online activities. Although users benefited from the services these platforms provided, they were, in essence, supplying their personal data to them without clear intention or reward.
The relationship between data production and control is significantly lopsided. On one side, users, who generate data, can’t manage their own information or reap any financial benefits from it. Their data ends up being a means for platform-driven profit and monopolistic power, with users essentially serving as unpaid data miners. On the flip side, the tight grip that these platforms have on data can lead to a slew of issues, including privacy invasions and the mishandling of data, which seriously compromise user rights.
Even more concerning is that this monopolistic data model impedes the full realization of data value. Since data is controlled and locked by platforms, it is difficult for other entities to access and utilize this data, limiting its circulation and application. This not only results in inefficient data utilization and wastage but also stifles innovation and collaboration based on data. Data should be a public resource driving social progress, but under the shadow of monopolies, it becomes the private property of giants to exploit for profit.
Faced with this unequal and irrational data production relationship, Web3 offers a completely new solution. The decentralization principles advocated by Web3 fundamentally undermine the foundation of centralized platform data monopolies. In the world of Web3, users can utilize decentralized infrastructure such as blockchain and IPFS to autonomously store, manage, and circulate data.
In this model, users transition from passive data providers to data owners. They can autonomously decide how to store and use their data, as well as choose to share data for compensation, thereby benefiting from the value of the data. This means that users not only regain control over personal data but also become beneficiaries of data value.
Meanwhile, decentralization also paves the way for data to flow freely and be used collaboratively. In the Web3 ecosystem, data isn’t hoarded by platforms but is accessible in an open and transparent environment. This shift facilitates the sharing and trading of data among various parties, leading to the creation of more inventive applications and services that leverage this data. As a result, the inherent value of data is unlocked and magnified across a broader spectrum.
Web3 introduces an entirely new toolkit for reshaping the way we create and handle data. It empowers users with ownership over their data, heralding a groundbreaking shift away from the old ways of data dominance. This transformation is about safeguarding user rights and unlocking the true worth of data. It signifies the dawn of a new big data age — an age where data is genuinely owned by the collective. INTO recognizes this momentous shift and aims to be at the forefront, leading the charge in establishing the Web3 big data ecosystem.

Web3 Big Data Ecosystem: Decentralization, Equity Restoration, Privacy Protection
The Web3 Big Data Ecosystem is a data ecosystem built on Web3 technologies such as blockchain, decentralized storage, and privacy computing, distinguishing itself from traditional centralized big data systems with the following core characteristics:
Firstly, the Web3 Big Data Ecosystem is highly decentralized. It utilizes blockchain technology to construct a data network, achieving distributed storage and processing of data. In this network, no single node can control or manipulate the entire dataset, greatly enhancing the security and reliability of data. Decentralization also empowers users with direct control over their data. Users can control their data assets through private keys, enabling autonomous storage, management, and circulation of data.
Secondly, the Web3 Big Data Ecosystem restores data rights. In this ecosystem, users are no longer passive data contributors but the primary beneficiaries of data value. Through token incentives and smart contract technology, users can earn economic rewards through data sharing and transactions. This “earn money with data” model returns the channels and power of data monetization to users, reshaping the distribution pattern of the data economy and allowing ordinary users to truly share in the wealth of data.
Thirdly, the Web3 Big Data Ecosystem achieves unprecedented privacy protection. An intuitive approach to privacy protection is anonymization, where users’ names, phone numbers, IDs, etc., are processed anonymously, becoming a string of characters that cannot be reverse-calculated, while only meaningful data for analysis is retained. For example, zero-knowledge proof technology allows verification of data authenticity without disclosing data content; homomorphic encryption technology enables direct computation and processing of data in encrypted states. Through these technologies, even during data sharing and transactions, user privacy can be well protected. Data can circulate securely between different entities without worrying about privacy breaches.
Finally, the Web3 Big Data Ecosystem demonstrates unprecedented openness and inclusivity. Data barriers between different entities are broken down, allowing data to freely circulate and exchange on a larger scale. This will greatly promote the optimal allocation of data elements, stimulating more innovative applications and services based on data. At the same time, openness also implies the possibility of more value creation. Anyone can derive new business models and service scenarios based on shared data.
This is the essence of the Web3 Big Data Ecosystem. INTO embarks on the journey of building a new Web3 big data ecosystem based on profound insights into this essence, innovating with technology and mechanisms, reshaping data production relationships, empowering every data entity, and ensuring that the value of data benefits all participants.

Return of Data Value: INTO Leads the Way in Web3 Big Data Innovation
INTO, a trailblazing project in the Web3 space, is forging a novel path in the creation of the Web3 big data ecosystem with a blend of technological advancements and innovative approaches. This strategy can be encapsulated by a “four-in-one” model: consisting of on-chain data, smart distribution, privacy protection, and value feedback. These four aspects are interwoven, supporting and enhancing each other to embody INTO’s comprehensive vision for establishing a robust Web3 big data ecosystem.
Firstly, INTO utilizes blockchain technology to achieve “on-chain data,” providing decentralized infrastructure for the big data ecosystem. In the INTO ecosystem, each user’s data is encrypted and stored on the blockchain, forming a distributed database. The immutability and distributed recording of the blockchain ensure the security and reliability of data storage. Moreover, on-chain data also implies the confirmation of data ownership. Each piece of data is bound to the user’s digital identity, thus achieving native protection of data ownership.
On-chain data lays a solid technological foundation for the Web3 big data ecosystem. Building on this foundation, INTO further enhances the efficiency of data circulation and utilization through the “smart distribution” mechanism. Smart distribution refers to the use of smart contracts and token incentives to achieve intelligent matching and automatic trading of data among different entities.
Specifically, data demanders can express their data needs by deploying smart contracts and attaching corresponding token rewards. Data suppliers, on the other hand, can choose suitable contracts to provide data based on their own data resources and preferences. The entire process is executed automatically by smart contracts, ensuring the efficiency and fairness of data transactions. Meanwhile, token incentives also stimulate the enthusiasm of all parties to participate in data circulation, unlocking greater value in societal collaboration.
Of course, the premise of data sharing and trading is privacy security. INTO fully leverages various privacy computing technologies to construct a solid “privacy protection” barrier. For example, INTO adopts technologies such as differential privacy and secure multi-party computation to achieve data fusion and analysis across organizations while protecting the original data from leakage. Even in the process of sharing data, users’ privacy remains intact.
Lastly, INTO has implemented a thoughtfully crafted “value feedback” mechanism that redirects the value generated by data back to the users, ensuring a fair distribution of data dividends. Within the INTO ecosystem, users are not only granted full ownership of their personal data but also stand to gain financial benefits through various means such as data authorization and data staking in the future. This ecosystem empowers users with both complete control over their data and the opportunity to reap the real-world value it generates, actualizing the tangible value of data ownership and its associated benefits.
INTO’s approach to big data represents a deep reassessment of traditional data production dynamics and a visionary investigation into the evolution of the digital economy. As INTO continues to grow and refine its offerings, it is expected to play a significant role in constructing a digital society that is equitable, open, and transparent, ultimately contributing to a more promising digital future for all.

[>>> READ ORIGINAL ARTICLE <<<](undefined)

ABOUT INTOVERSE:
INTO is a pioneering Web3 social protocol, leveraging blockchain and AI technology. It offers features such as crypto wallets, SocialFi, the SoulBound Token (SBT), AI tools, and more. INTO’s mission is to create a globalized Web3 social network, fostering an open, free, engaging, compatible, and secure communication environment for users worldwide.
Website | Twitter | Discord | Telegram

#socialfi #web3crypto #Web3SocialMedia #INTOverse #IntoTheFuture