A Web3 social network is a decentralized, blockchain-based social media platform that operates on the principles of Web3, which includes:

1. *Decentralization*: #web3 social networks are built on blockchain technology, allowing for decentralized data storage and management.

2. *Token-based economies*: Web3 social networks often utilize tokens or cryptocurrencies to incentivize user engagement, content creation, and community participation.

3. *User ownership and control*: Users have full control over their data, identity, and digital assets within the platform.

4. *Transparency and security*: Blockchain technology ensures transparency, security, and immutability of user data and interactions.

5. *Community-driven governance*: Web3 social networks often employ decentralized governance models, allowing users to participate in decision-making processes.

Characteristics of Web3 social networks:

1. *Decentralized infrastructure*: Built on blockchain, IPFS, or other decentralized technologies.

2. *Token-based incentives*: Utilize tokens or cryptocurrencies to reward users for engagement, content creation, and community participation.

3. *User-centric design*: Prioritize user experience, data ownership, and control.

4. *Open-source and transparent*: Encourage community involvement, transparency, and open-source development.

5. *Interoperability*: Enable seamless interactions between different platforms and ecosystems.

Examples of #web3 social networks:

1. Mastodon

2. Diaspora

3. Minds

4. LBRY

5. COS.TV

6. Audius

7. Rarible

Web3 social networks aim to create a more equitable, transparent, and user-centric online environment, challenging traditional social media platforms' centralized and data-driven business models.