sub0 Asia 2024 - Alex Siman (Subsocial)
summary
A working Substrate/Polkadot parachain with end-user apps that powers social finance: a native token funds an active staking rewards model (2,000 stakers, ~300+ active splitting unrealized rewards), creators earning up to ~$800/month and posts up to ~$220. UX specifics: energy (non-transferable) pays fees via burned tokens, proxy hot accounts sign silently, EVM addresses link by signature, and cross-chain channels to HydraDX and Moonbeam enable swaps and sponsored transactions.
AI-written summary · about
chapters (11)
- 0:00Subsocial’s unique use case
- 1:03User interfaces for blockchain adoption
- 2:30Monetizing social activity with staking
- 5:21Active staking rewards and creator stats
- 7:32Protocol for diverse social apps
- 10:45Polkadot SDK for social features
- 13:38Energy system and proxy accounts
- 16:06Web3 chat with tips and NFTs
- 18:17Migrate Polkadot Forum to Subsocial
- 21:53Live demo: Grill app chat and leaderboard
- 24:06Tokenomics and utility
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