Releap

About Releap

Releap Protocol is a decentralized, multichain and open-for-all social graph that allows users to wholly own and harness their audience and content. A post made today on Instagram, TikTok, or Twitter belongs to these companies rather than the creator who published it. As a result, these companies largely receive the revenue generated. Conversely, Releap Protocol aims to give creators the freedom to retain ownership over the connections they have built with their audience by creating a fully customizable, user-owned social graph. Users can also utilize the protocol to easily develop their own decentralized, censorship-resistant social networks and marketplaces, or add social functionality to existing applications, with ease. Built by users, Owned by users. Social graphs consist of millions of users across the world, yet social graphs on Web2 are incredibly centralized, defeating the purpose of this immensely powerful network of people. Web2 networks all create their own databases and read from this singular and central database. More importantly, creators do not own their social connections, the network does. This means that creators cannot control, move or harness these social graphs outside of the singular network on which they publish content. This greatly diminishes the essence of these connections and undercuts the creators because of whom they exist. We're building Releap Protocol to work as a communal social blueprint where users can own their individual connections and various applications can build upon this blueprint. This solves mainly two problems: (a) users can own, move and utilize their social connections across a variety of applications throughout the chain and (b) social applications can co-exist and take advantage of a collaborative database allowing them to focus on building for innovative and niche use cases. Storage and Security - The centralized storage of data on traditional social media raises concern about the privacy of users and the security of their data. Currently, in order to sign up for any social network, users must provide their phone number, email address, and other details. These records, along with the content published on the platforms are stored on centralized company servers. Web3 social platforms utilize decentralized, permanent storage to store user data. This data exists separately of the social network and cannot be tampered by them. This storage system also reduces data breaches and enhances the overall security. Data on the Releap Protocol is securely stored on Arweave and IPFS. <b>Censorship-resistant</b> Decentralized social platforms can be a vital tool for protecting the freedom of speech. Users and content producers won't have to worry about their messages or content being deleted or filtered, or worse, having an account they've worked so hard on, permanently shut. Additionally, many people in contemporary countries still endure political censorship or are barred from speaking their minds regarding national leaders and policies. With decentralized social platforms, creators have greater ownership and control over their content and network participants can manage the content instead of a company. <b>Future of Creator Economy</b> Decentralized SocialFi platforms are set to usher in the future of creator economy. At present, creators on Web2 platforms are only compensated adequately if they are highly successful; this creators a lot of pressure on creators, especially while functioning in a space plagued by cancel culture and erratic algorithms. The monetization of content also tends to be very unfair because ownership and control lies with the platform on which it is published. SocialFi networks building on Web3 provide multiple avenues for new ways for monetization of content such as tipping, posts as collectible NFTs and more. Giving creators back control and ownership over their creativity and networks is crucial to the building of creator economy. Releap Protocol involves tokenzation through NFT that are fully composable. The Releap Hub upgradeable contract is the main point of entry for most interactions within the protocol. It also acts as a Sui contract for profile NFTs, which are created when a user creates a profile. Releap Protocol is a social graph protocol that is designed to be owned by the community and continuously evolving. It empowers its users to determine how they want their social graph to be constructed and how it can be monetized if they so choose. In addition, the protocol is built with modularity in mind, which means that it can support a wide range of use cases. From a user's perspective, this means that they have a new way of customizing and owning their social graph, which would not have possible or affordable with Web2 technology.