Web3 Social Media

Definition ∞ Web3 social media refers to decentralized social platforms constructed using blockchain technology, granting users greater autonomy over their data, content, and online identities. Unlike traditional social networks, these platforms aim to operate without a single point of control. They leverage distributed ledgers to store user data and interactions. This paradigm shift empowers individuals with verifiable ownership of their digital presence.
Context ∞ Web3 social media seeks to address the limitations of centralized platforms by offering censorship resistance, true ownership of digital assets like NFTs, and direct monetization opportunities for content creators. News frequently covers new protocols and applications that are redefining how online communities are built and governed. The ongoing development aims to shift power from large corporations back to individual users and communities. This represents a significant evolution in digital interaction.