Releap Protocol introduces a revolutionary decentralized, multi-chain platform that empowers users to fully own and control their audience and content. Unlrenfike traditional social media platforms where content ownership defaults to the platform itself, Releap Protocol transfers ownership and control directly to the content creators.
Empowering Creators with Ownership and Control
Traditional social media platforms such as Instagram, TikTok, and Twitter retain ownership of the content posted by users, thereby controlling the revenue streams generated from it. Releap Protocol disrupts this model by enabling creators to maintain ownership over their content and the connections formed with their audience. This platform facilitates the creation of decentralized, censorship-resistant social networks and marketplaces, enhancing social functionalities in existing applications.
Decentralization of Social Graphs
In the current Web2 environment, social graphs are highly centralized, which contradicts the potential of a globally interconnected network. These platforms operate on a unified central database, stripping creators of ownership over their social connections. Releap Protocol addresses this by providing a communal framework where individuals retain control over their connections, allowing for mobility and utilization across various applications. This not only preserves the value of social interactions but also supports the coexistence of social applications on a shared database.
Architectural Framework and User Empowerment
At the core of Releap Protocol is the concept of modularity, allowing for flexible and expansive network functionalities. Users begin by creating a profile on the hub, which is then linked to a sequentially issued NFT that governs the profile, granting the user complete control over their digital identity. Profile owners can manage content through posts and comments, customize their profile’s image, and appoint a delegator to manage their profile.
Tokenization and Governance
The protocol incorporates NFTs that are fully composable, with the Releap Hub serving as the primary interaction point and a Sui contract for profile NFTs. Governance within the protocol is initially managed by a multisig setup, transitioning over time to a DAO that oversees the development of new modules and features. This structure supports continuous evolution and community-driven management of the protocol.
REAP: The Native Token
REAP, the native token of Releap Protocol, is integral to the platform's governance and curation model. Users utilize $REAP to participate in governance decisions and to contribute to the protocol’s curation efforts. Curation nodes require staking of $REAP tokens, with rewards also distributed in $REAP, reinforcing the token’s utility and value within the ecosystem.
