Web3 describes the next generation of the Internet, built on top of various technologies, such as Blockchain Technology, Semantic Web, etc. Web3 proposal claims a vision of the Internet that can cut the intermediation of Big tech companies by completely decentralizing the web through blockchain technology, which enables the integration of cryptocurrencies and tokens in many social media platforms, currently referred to as Blockchain Online Social Media (BOSMs) platforms. These give the possibility both to reward users for their social actions and to define Non-Fungible Tokens (NFTs), digital assets representing real-world objects like art, collectibles, music, game items, videos, and even tickets creating a new form of decentralized finance, called Social Finance (SocialFi). BOSMs give users the possibility to monetize and tokenize their social influence, and they act as the common ground for the sale or transfer of NFTs. In this paper, we propose an overview of AWESOME, a framework for advanced analysis of Web3 BOSMs, specifically conceived to suit their nature based on intertwined and stratified social and economic contexts. We highlight the characteristics of the framework by describing the objectives and we present the preliminary results. Furthermore, the paper proposes a classification of current Web3 BOSMs, which improves the literature by taking into account the changes and the new applications of Web3 Social Media, which now include Virtual Worlds and Gaming platforms.

AWESOME: Analysis framework for WEb3 SOcial MEdia

Ricci L.;Guidi B.;Michienzi A.;Gaito S.
2024-01-01

Abstract

Web3 describes the next generation of the Internet, built on top of various technologies, such as Blockchain Technology, Semantic Web, etc. Web3 proposal claims a vision of the Internet that can cut the intermediation of Big tech companies by completely decentralizing the web through blockchain technology, which enables the integration of cryptocurrencies and tokens in many social media platforms, currently referred to as Blockchain Online Social Media (BOSMs) platforms. These give the possibility both to reward users for their social actions and to define Non-Fungible Tokens (NFTs), digital assets representing real-world objects like art, collectibles, music, game items, videos, and even tickets creating a new form of decentralized finance, called Social Finance (SocialFi). BOSMs give users the possibility to monetize and tokenize their social influence, and they act as the common ground for the sale or transfer of NFTs. In this paper, we propose an overview of AWESOME, a framework for advanced analysis of Web3 BOSMs, specifically conceived to suit their nature based on intertwined and stratified social and economic contexts. We highlight the characteristics of the framework by describing the objectives and we present the preliminary results. Furthermore, the paper proposes a classification of current Web3 BOSMs, which improves the literature by taking into account the changes and the new applications of Web3 Social Media, which now include Virtual Worlds and Gaming platforms.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11568/1289127
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