Social Media

Reddit Co-Founder Creates $200M Initiative With Polygon for Web 3, Social Media
Polygon will provide the infrastructure for the projects that the initiative backs.

Reddit Confidentially Submits Draft Registration Statement for Proposed IPO
The number of shares to be offered and the price range for the proposed offering have yet to be determined.

Instagram Disabled Artist's @Metaverse Handle Days After Facebook Rebranded to Meta
Days after Facebook announced its corporate name would become Meta, an artist's Instagram account with the username "@metaverse" was blocked and later reinstated. "The Hash" squad unpacks the latest story calling for the need for actual ownership in Web 3 amid ongoing trademark battles in centralized social media.

The Elon Effect: How Musk’s Tweets Move Crypto Markets
Elon Musk has repeatedly shown interest in toying with the crypto markets. We dive into how Tesla’s CEO has swayed the prices of DOGE and BTC during 2021.

How Misinformation on ‘Book Twitter’ Killed a Literary NFT Project
“Realms of Ruin” used the Solana blockchain for a reason. That didn’t stop people from accusing it of ruining the environment.

Web 3 Social Media Needs Dedicated Blockchains
General-purpose blockchains are awesome at DeFi, but prohibitively expensive for decentralized social media.

Reddit Co-Founder, Solana Ventures Launch $100M Initiative for Web 3 Social Media
Alexis Ohanian’s Seven Seven Six thinks Solana can support social at scale.

Discord CEO Hints at Ethereum Compatibility
Jason Citron posted a screenshot that shows Discord connecting to Ethereum, saying “probably nothing.”

Crypto Traders to Blame for 300% Sales Spike at Midwest Tungsten Service
While everyone is wondering why everyone is talking about tungsten, one manufacturer is cashing in.

Dapper Labs Backs $3.5M Raise for Crypto Social Media Startup Yup
Yup, which works a little like Pinterest, is the brainchild of two recent Columbia graduates.

