According to reports from CoinWorld, the Web 3 social protocol HOME Protocol announced that it will officially launch its first decentralized social application in early September. This application will integrate a self-developed DID (Decentralized Identity) system, allowing users to generate globally recognized identity identifiers through a cryptocurrency wallet, enabling cross-platform social data migration and censorship-resistant content storage. Inspired by Balaji Srinivasan's 'Network State' theory, HOME aims to build decentralized digital social infrastructure through blockchain technology. Its social application supports end-to-end encrypted communication, on-chain social graphs, and privacy protection features based on zero-knowledge proofs, allowing users to earn ecological tokens through a 'chatting is mining' mechanism. The protocol plans to allocate 50% of transaction fees to content creators and intends to issue digital land rights through NFTs.

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