Wormhole3, Give everyone the ability to build their own Web3 social media channel

The Web2 social media network has spawned many decentralized communities, from city/university forums to Reddit, DouBan, Jike, and more. If DAO is the holy grail, then Web3 social media is the “soil” it lives on

Wormhole3 makes it easy for everyone to create a Web3 social media channel (#tag) for their project, community, or DAO with the help of a bridge between Web2 and Web3 and a decentralized social media database. The creator only needs to determine the tag of his/her Web3 social media channel, and community members can Tweet with the corresponding tag and post the post to the creator’s Web3 social media channel.

Fundamental Theory

Any user who logs in to Wormhole3 can generate its permission (the only one that is mastered by the user, this permission generates the web3_social key through hash calculation, and uses graphene technology to give it to the Web2 platform (such as Twitter).

Since the authority of the web3_social key is delegated to the Web2 platform, users can use the Web2 platform to control their web3_social account, tweet on the chain, or transfer cryptocurrency on Twitter (take Twitter as an example).

At the same time, the user’s Web2 ID, web3_social, and web3 ID also achieve decentralized binding. The user’s Web2 ID can be used as an account that is easy to remember for their web3_social and web3 ID, just as the ens domain name is for the Ethereum account.

Completed Function
Tweet on Chain

Web2 users can have Web3 IDs by registering with Wormhole3, and bind their Twitter IDs to connect their Web2 (such as Twitter) accounts with Web3.

Once registered, any Twitter user just tweets and adds #iweb3, and the tweets they publish will be synced to the blockchain (decentralized storage on the Steem chain). If someone in the community likes their content, the creator of the content will be rewarded with the cryptocurrency STEEM.

Aggregate Twitter content for the community

With Wormhole3, Twitter users can post any Tweet to any channel of Web3 social media (just add the community tag and #iweb3). The community management team can guide its members to tweet under the same tag, if the Peanut community members post with #peanut, all posts with the #peanut tag will be aggregated in the Web3 social media #peanut channel. All posts are on-chain, checkable on-chain, and uniquely owned by their creators.

Once a project, community or DAO has a Web3 social media channel, they can reward their members with tokens or NFTs for their active participants in social interaction and community building. On this basis, projects, communities or DAOs can build various interesting decentralized communities such as a decentralized travel community (decentralized version of TripAdvisor) or a decentralized food evaluation community (decentralized version of Yelp).

Use Twitter to transfer cryptocurrency

Wormhole3 also achieves that any Twitter user can tweet to transfer cryptocurrency through such a bridge connecting web2 and web3. Send cryptocurrency to your Twitter friends by simply posting a post “ #wormhole3 !send {0.5 STEEM} to {@vitalik}” as shown below.