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Subsocial prepares its migration to the Polkadot ecosystem after winning the 37 parachain auction - Cryptotrends

subsocialWeb3, a social networking platform, is preparing for launch migrate from Kusama to the multi-chain Polkadot blockchainafter securing his victory in Polkadot’s 37th parachain auction.

Learn more: What is Polkadot and how does it propose the future of multi-chain blockchains?

Subsocial in Polkadot

few days ago, Subsocial has secured its place in the Polkadot ecosystem by conquest thirty-seventh auction of paralans funding himself, bidding on 15,000 DOT worth nearly $97,000, according to data from parachains.info.

Subsocial Polkadot parachains
Subsocial wins auction of 37 Polkadot paralans. Source: Parachains.info

After launch in early 2022 Kusamanow Subsocial is working on joining Polkadot in the coming months, as they explained in the announcement, which will serve to join the multichain ecosystem and connect to different parachains of the network. Network functionality will not be affected, while tokens will be migrated between networks.

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subsocial is an open source platform that allows users to create their own Own social networks and decentralized markets, resistant to censorship. It is built on the Substrate blockchain framework and uses IPFS (Interplanetary File System) for storing decentralized archives, giving users the ability to create their own decentralized Web3 versions of popular websites such as Medium, Twitter, Reddit, Instagram, Discord, Patreon, OnlyFans and more.

The Kusama’s subsocial migration to Polkadot, will enable the interoperability of large chains. This network seeks to design a platform for building social networks without restrictions and censorshipwhich offers personalized news feeds, a transparent reputation system, full-text search, monetization, rich content formats and search engine optimization.

It stands out among its projects PolkaVerse, a proof-of-concept social network for the Polkadot ecosystem which represents the functionality of the platform.

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