The team behind Project Liberty's Decentralized Social Network Protocol (DSNP) announced that it will launch a parachain dedicated to decentralized social media named Frequency on Polkadot ecosystem. Project Liberty, which is backed by real state billionaire Frank McCourt, aims to develope a publicly accessible database of people's social connections and democratize social media. Frequency will use a token staking model, rather than charging transaction fees to send messages.
Source Polkadot
DeFi
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