πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦SMARTMALL Social Graph Protocol(SSGP)

Introduction

Cryptographic technology is rapidly transforming the world, particularly in the NFT collectibles and blockchain gaming sectors, attracting a vast number of potential users. Web3's novel social media and user relationship networks promise expansive opportunities for the crypto world. The SMARTMALL Social Graph Protocol (SSGP) aims to connect users' social relationships through a decentralized approach, leveraging NFT technology for user binding and identity verification, ensuring data security and privacy.

Core Features

  1. Decentralized Identity Verification (DID)

    • NFT-Based Identity: Ensures the uniqueness and immutability of user identities.

    • On-Chain Verification: Utilizes blockchain technology to prevent identity fraud and tampering.

  2. Social Interaction

    • NFT-Based Relationships: Users establish and manage social relationships through NFTs, including transactions, voting, and interactions.

    • Unique Social Connections: Each NFT represents a unique social connection, recording user activities.

  3. Data Sharing and Tokenization

    • Shared Data: Social network data is stored on a decentralized basis.

    • Tokenization: Enables the growth of users' social capital and network scale through tokenization.

  4. Data Storage

    • Distributed Storage: Ensures data security and reliability using technologies like IPFS and Arweave.

    • User Control: Users can access and manage their data at any time, maintaining ownership.

  5. Cross-Platform Migration

    • Seamless Migration: Facilitates the migration and interoperability of social data across different platforms.

    • Consistent Relationships: Maintains the integrity of users' social relationships and data across platforms.

  6. DAO Governance

    • User Participation: Users participate in protocol governance through DAOs, proposing and voting on key upgrades and modifications.

    • Token Holder Rights: Token holders enjoy profit distribution and decision-making rights.

Working Principles

Data Sharing and Tokenization

  • Shared Data: Social graph data is stored on a decentralized basis, ensuring transparency and security.

  • Tokenization: Users' social interactions are tokenized through NFTs, enhancing their social capital.

NFT-Based Relationships

  • NFT Binding: Users bind their social relationships through NFTs, with each NFT recording specific interactions like follows, collections, and reposts.

  • Social Graph: These NFTs form a user's social graph, reflecting their social relationships on the platform.

Recording and Managing User Interactions

  • Behavior Recording: Each user interaction (e.g., transactions, voting, interactions) generates a corresponding NFT, recorded on the blockchain.

  • Market Trading: These NFTs can be traded in the market, forming users' social capital.

Modular Business Logic

  • Modular Interactions: Social interaction logic (e.g., transactions, voting, interactions) is modular, allowing developers to customize and implement various interaction logics such as paid subscriptions, DAO governance, etc.

Technical Products

SMARTMALL Web APP Functions

  • Integrated Features: The SMARTMALL web APP offers a user-friendly interface supporting decentralized identity verification, NFT management, and social interactions.

  • Data Sharing: Users can view and manage their social graphs through the APP, participating in decentralized social interactions.

Integration with ENS and NFT Markets

  • ENS Integration: Users can bind their identities and NFTs using the ENS domain system, enhancing identity verification convenience and security. (Not yet open)

  • NFT Market Integration: Integration with major NFT markets supports users in trading their social NFTs, expanding their social networks and capital.

Conclusion

The SMARTMALL Social Graph Protocol enables platform users to interact and trade in a decentralized, transparent, and secure environment, enjoying the new social experiences brought by Web3. This not only enhances user privacy and data ownership but also provides extensive application scenarios and opportunities for social interactions in the crypto world.

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