Rise of Web3 Social Ownership: Reclaiming Control in the Internet Era
Nowadays, we live in a digital dimension. Each photo we post, each comment we leave, and each relationship we build equates to a digital reputation that is private but not necessarily ours. In hours, we can lose accounts that we spent so long on deliberately creating, all not because of a targeted attack from someone with ill intent, but from centralized systems that will never allow us power.
This paradox leads us to a macro question: What does Web3 mean for our control and ownership over social networks? Classical social networks enabled our relationships, but it also stripped us of freedom - or at least, a certain kind of freedom. As "Web3" is being touted as a transition into the next age of the internet, our initial vision of ownership is a different kind of society where we legitimize owning a digital self. For now, we will have to look to understand that potential first and escape something.
The Present Situation: Concentrated Authority, Delicate Liberty
Content creators have no power in traditional social media; the social networks control their power. Facebook determines who can see your posts, while Instagram can impose a shadowban on your account with no notice. X can simply suspend your account with little to no explanation. The user agreement you quickly opt into - and obviously do not READ - allows them rights to own whatever you create.
People who create understand the precariousness of their content. Think of the photographer who took years to develop her Instagram account, only to wake up one day to find her account closed due to a bogus claim of copyright infringement. She lost years of follower growth plus her entire career and personal brand overnight. Her appeals fell on deaf ears. There was no court to appeal to, there was no hearing, there was no judgment. And the media that held her audience and content remained silent.
While this isn't a particularly weird story, it is structurally necessary. We know social media is centrally controlled with the user as a product and the data as money. Our own profiles aren't even ours. We can’t take our following and audience to another site. We never have clarity on the rules we operate under or how they may change.
That is the world that Web3 is trying to create.
Principles of Web3: Platform Owned to User Owned
With Web3, we get into the central question of what it would be like for consumers to actually own their content, identity, and data?
In a Web3 social network, your profile is truly yours - many of these will probably be offered as an NFT or some cryptographic identity that you control. You can travel it from one site to another, delete it forever from the universe, or even make money from it directly. The power dynamic will shift from corporation to individual.
Web3 networks are different from the ones we use today because they are open, engaged users, and self-management with community members that can vote on changes, determine rules around moderation and/or participate in distributed profits that come from the platform. It isn't so much a fork from social media, it is just changing it under a better premise.
It also gives humans an opportunity to express themselves more authentically. Also, the end-users will flourish without constraints by the algorithm or commercial entities. Web3 is bigger than just replacing codes, it really transforms the dynamics of the interaction of humans with platforms at all.
Lens Protocol Example of Rising Platforms
Lens Protocol is among the most notable projects driving decentralized social ownership.
Your Lens profile is not stored on a commercial server; you own it as your NFT. Which is why you can open any software that operates on the protocol without giving up your identity, content, or followers. The social graph is no different for you if you open up Lenster, a Twitter replacement built on top of Lens, or Orb, a community-based website.
That is much different than gated gardens of Web2. When you leave Instagram, your followers will not become your followers. Traditional sites keep you in. Lens flips that by allowing you to exit through the front door with your people still there.
In fact, this freedom to roam does come with its own set of challenges. Travel freedom can shatter communities. Once individuals are unfettered from that central hub, communal spaces frequently become scattered across multiple apps. But that may be a small price to pay for that freedom creators have been seeking for so long.
Problems: Freedom Without Disorder
However, decentralization is not a perfect solution. How do you determine what stays up when there is no single entity controlling the content?
Decentralized governance is often a long-term journey and sometimes a complete failure. In a world that can spiral out of control quickly, it is possible that community polling or token-based governance will not be as speedy as necessary to protect human life. This is the point in which ideals of human progress meet realities of moderation.
There are recommendations for a reputation-based system which is to identify who has qualified to weigh in on information. In this circumstance, users will bet tokens, and credibility will vary on whether contributions are right or wrong. Others recommend a combination of algorithmic flagging and peer review as the best system again, not censorship, but building trust through peer informed-based decision making.
The key is to strike a good balance; provide people as much freedom that seems reasonable while also providing them enough structure to keep them safe.
What's Coming: The Future of an Internet Owned by Citizens
If Web3 materializes, social networks could be genuine domains of digital liberty. Authors would be able to enjoy compensation from readers with no platform or intermediary assistance, would retain control in using the data, and would determine how it would be posted. Governance could be run by individuals trying to build a more equitable system from those using the platforms.
Consider a social network that prioritizes truthfulness rather than shallow metrics of participation; that an influence appears from believability rather than deference to algorithms. There is no techno-evolution; rather, there are significant cultural shifts with planetary ramifications.
Categories of shifts and revolutions are significant for navigation, although the trajectory seems undeniable, and we should not expect a definitive line. We are still in the early stages of tool accessibility, user experience is mediocre, and global and capital threats loom. But the trajectory appears positive; it directs toward an internet that considers humans to be something more complex and equitable than points of data. Simply, we need to develop our identities in the digital world.
Conclusion
The goal of Web3 may seem simple, and it can be as profound as returning to people what they probably didn't realize they lost in the first place, control of their digital lives.
It will push back against fifty years of centralized authority and ask us to imagine what social media could look like if we created it on the foundation of trust, openness, and communal authority.
The future before us will ask us to lead through testing the balance of openness vs security and responsibility vs innovation.
However, the revolution has begun. The challenge is no longer whether Web3 will revolutionize social media, but now we must think about what direction we, the artists and users, coders, will push the next chapter into internet ownership.
Finally, for the first time in a long time, it might be possible for internet users to literally own the future of the internet.
This article is contributed by an external writer: Razel Jade Hijastro.
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