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 now includes over 200 projects. These Web3 social platforms are attracting an increasing number of users to migrate from traditional platforms like Twitter and Facebook through innovations such as token incentives and data sovereignty. Although still small in scale, their growth momentum is worth paying attention to and may reshape the future landscape of social networks.