The Rise of Web3 Social Platforms Challenges Traditional Giants
The decentralized social protocol Farcaster has surpassed 100,000 daily active users, and the Lens Protocol ecosystem has over 200 projects. These Web3 social platforms are attracting an increasing number of users migrating from traditional platforms like Twitter and Facebook through innovations such as token incentives and data sovereignty. Although their scale is still small, their development momentum is worth paying attention to, as it may reshape the future landscape of social networks.