Social media marked the rise of Web2 as the use of the internet changed profoundly to revolve around it. So, if Web3 is the next age of the internet, what does that mean for social media?

Token Gamer and NFT Insider have decided to combine forces to launch a weekly podcast, Mint One (formerly WAX Lyrical). John Nichols of NFT Insider and I will discuss a new topic every week, as well as feature special guests. If there’s a topic you’d like us to cover, make sure you let us know through the Token Gamer Discord or Twitter, or the NFT Insider Discord or Twitter.

In last week’s episode, John and I discussed 2023’s prospects. This week, we deep-dive into the interactions between Web3 and social media.

What Does Web3 Mean for Social Media?: Mint One 53

It is difficult to imagine life without social media anymore. Even if you don’t enjoy any social media platforms and try not to engage with any — and that’s harder than ever to do — most major websites have become social media in various ways. I don’t like Facebook anymore and almost never use it, but I love Reddit and use it daily. There was a time when Facebook was the epitome of social media and Reddit was considered the opposite, but no more. It is all but impossible to not engage with social media in 2023.

So, if social media is going nowhere — and I believe that to be the case — how will it interact with Web3? Do we need dedicated Web3 social media, or is repurposing platforms like Twitter enough? Many of the benefits of Web3 sit in opposition to how social media has functioned thus far; ownership of data, privacy, transparency, freedom of speech, and so on. Web2 platforms could adjust and integrate blockchain, but would it be better and more in line with Web3’s ethos to just start again with platforms such as Torum, DTube, or Minds?

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