Project Liberty and Polkadot collaborate to promote the vision of Web3 that restores power to users

This new collaboration leverages the power of Polkadot technology to develop Project Liberty’s Decentralized Social Networking Protocol (DSNP) as the central social framework for the Internet of tomorrow.

LOS ANGELES, CA and Pair, Switzerland, May 25, 2022 – The technology teams behind Project Liberty and Polkadot have entered into a formal agreement to collaborate for the first implementation of the Decentralized Social Networking Protocol (DSNP).

Frank McCourt, founder of Project Liberty, and Gavin Wood, founder of the Polkadot and Web3 Foundation, aim to develop a revolutionary open source Internet protocol that becomes the central social structure for the next generation of the Internet.

This collaboration is based on a common goal: to create a web that is more equitable, user-centric and imbued with a social dimension. It represents an important first step in creating a robust and inexpensive decentralized social network with a reach of billions of users.

“We are thrilled to work with Gavin and his teams to realize our shared vision of a healthier network,” said Frank McCourt. “They are not only innovators and pioneers in their field, but more than that, we share shared values ​​and shared visions on how to restructure the Internet, in order to empower users, benefit society and strengthen democracy.”

This work lays the foundations for a new digital age in which social network users are able to own and control their personal data.

“Web 3.0 needs a globally accessible social graph to work, because Web 2.0 social giants currently have absolute control over what users can say or do within their platforms,” Gavin Wood said. “Project Liberty and the DSNP protocol constitute a tangible solution to provide effective solutions to these critical issues. We are excited to work with partners who share our vision and values, and hope that others will join us in creating a more equitable foundation for the Internet.”

DSNP was developed to serve the greater good and provide a more equitable and inclusive infrastructure for the next generation of the web. It is an open source protocol that creates a shared social graph that is no longer dependent on a specific application or central platform, and is controlled and managed by the users themselves. The DSNP is an essential part of Project Liberty, which aims to accelerate the world’s transition to an open and inclusive data economy, moving energy from platforms to people.

“After three years of development work and operational implementation of the DSNP, we are now able to deploy social functionality as an essential part of the Internet,” said technologist Braxton Woodham, creator of the DSNP. Polkadot has a unique architecture that enables the DSNP to be deployed at scale, under economic conditions that will support sustainable alternatives to existing business models based on the surveillance economy. »

About Project Liberty
Project Liberty aims to build new foundations for a digital society, where citizens can once again control their data, where ethical principles are embedded in technologies, while providing economic opportunities for internet users and developers alike. The initiative also aims to accelerate the transition to an open and inclusive data economy that puts citizens in control, allowing everyone to benefit from the value generated by their participation and contributions. The success of this project will depend on the active participation of many people and organizations who will have to work together for a better future.
Project Liberty seeks to engage diverse profiles and provide them with the critical infrastructure they need to catalyze change. We have developed the Decentralized Social Networking Protocol (DSNP), a revolutionary open source protocol that will serve as the foundation for the next generation of the web. At the same time, we are bringing together many networks of organizations seeking change, notably through the creation of the McCourt Institute, in order to ensure that digital governance becomes a priority component in the development of new technologies.

About Polkadot
Polkadot provides the technical and technological tools needed to make blockchain technology practical, accessible, scalable, interoperable and future-proof, reducing restrictions and barriers to entry, thereby driving innovation, expanding the decentralized technology space and bringing the Web3 vision to life.

About the Web3 Foundation
The Web3 Foundation funds the research and development teams that build the decentralized web technology platform. It was created in Zug, Switzerland by Dr. Gavin Wood, co-founder of Ethereum. Polkadot is the foundation’s flagship project.
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