Article source: Home Meta
HOME (Home Meta) is a groundbreaking blockchain project that aims to build the world’s first parallel social public chain. It combines MEME culture and cyberstate theory and is committed to creating a decentralized social ecosystem that provides users with a new digital identity and social experience.
Origin of HOME
The origins of HOME can be traced back to former Coinbase chief technology officer Balaji Srinivasan’s in-depth discussion of the concept of “Network State.” In his book “The Network State: How to Start Your Own Country”, Srinivasan details how to build a new virtual state through digital technology and decentralized methods.
HOME was born inspired by this concept and is committed to turning the vision of a cyber country into reality.
The idea of HOME META stems from a deep understanding of the limitations of current social platforms. Traditional centralized social platforms have many problems in terms of data privacy, content censorship and user rights. To this end, HOME META has proposed a new solution that aims to reshape the social ecosystem through decentralized technology and give users more control and a sense of participation.
In the current Web3 ecosystem, the market faces the following two major pain points:
1. Web3 projects lack actual business support and have inflated valuations
Many Web3 projects have achieved excessive valuations in the absence of actual business and application scenarios. Venture capital institutions often enter at extremely low valuations, while when projects enter the secondary market, ordinary users invest at valuations dozens or even hundreds of times higher. This imbalance has made most Web3 projects become arbitrage tools for venture capital institutions. In the end, in the absence of actual business support, the project value gradually returned to zero.
2. The fair launch method of the MEME project is risky
Although the MEME project’s fair launch method provides users with a fair and low-valuation opportunity to participate, due to this unlicensed launch method, the project can easily be used by bad elements and become a cash machine for conspiracy projects like Libra and Trump.
In fact, MEME’s low-valuation fair launch method, combined with a great vision and a community of practical applications, is what Web3 originally looked like and a prerequisite for every great project. HOME Meta is committed to showing the world in 2025 that we will reshape the status quo of Web3 and return the value of construction to Web3.
Homeroad map
HOME META’s development plan is divided into three key stages:
MEME Phase: In the initial stage, HOME META uses MEME culture as the entry point and plans to recruit 20,000 Aboriginal users. Users can obtain Aboriginal identity by subscribing to HOME DID (Decentralized Identity) and participate in community construction and early ecological layout.
Decentralized social portal: In the second phase, HOME META will be built into a social portal for Web3. Through a decentralized technology architecture, users can interact safely and freely, ensuring data privacy and content autonomy.
Launch parallel social public chains: In the end, HOME META will launch the world’s first parallel social public chain and build a decentralized global social platform. This stage will achieve efficient and secure Social networks, supporting large-scale user concurrency and rich social application scenarios.
Ecological value and technical characteristics
In the HOME META roadmap, each stage contains huge ecological value:
The value of social portals
In the traditional Web2 era, social platforms are controlled by centralized organizations. Users ‘data and content are stored on the servers of these platforms. The platform has absolute control over the use and distribution of data. This model brings problems such as privacy leaks, data abuse and platform monopoly.
As the social portal in the Web3 era, HOME is committed to building a decentralized social platform that gives users control over their own data and content. Its core values are reflected in the following aspects:
data sovereignty: On decentralized social platforms, users ‘data is controlled by themselves, avoiding abuse of data by centralized platforms.
Privacy Protection: Through blockchain technology, the user’s identity and data are encrypted and stored, and only the user himself or an authorized person can access it, ensuring privacy and security.
Freedom of content creation: Decentralized platforms avoid content censorship and algorithmic bias of centralized platforms and encourage diverse expression and creation.
censorship resistance: Since there is no single controlling entity, decentralized social platforms are more difficult to censor or shut down, ensuring freedom of speech.
The value of decentralized identity (DID)
DID is an identity authentication method based on blockchain technology that aims to allow users to fully control their identity information and avoid security and privacy issues caused by traditional centralized identity authentication. Its value is mainly reflected in:
self-sovereigntyUsers can create, manage and control their identities without relying on a centralized organization.
Privacy Protection: Users can selectively disclose identity information to ensure privacy needs in different scenarios.
interoperability for: DID can be used in different decentralized applications (dApps) to provide a seamless user experience.
safety: Due to the immutability of blockchain, DID identity information is more difficult to forge or tamper with.
Synergy between social portal and DID in HOME
In the HOME ecosystem, social portals and DID complement each other and jointly enhance user experience and platform value.
enhanced confidence: Through DID, users can verify the authenticity of each other’s identities, reduce false accounts and fraud, and establish a trusted social environment.
personalized service: Based on users ‘DID information, the platform can provide customized services and content recommendations to increase user stickiness.
Cross-platform interoperability: Users ‘DID can be used on different decentralized platforms to realize the cross-platform flow of identity and data and enrich users’ digital lives.
incentive mechanism: By recording user contributions and behaviors on DID, the platform can design more reasonable incentive mechanisms to encourage active participation and high-quality content creation.
To sum up, HOME aims to reshape the digital social landscape by building a decentralized social portal and introducing DID, giving users sovereignty over identity and data, and creating a safe, free and diverse social ecosystem.
Parallel social public chains represent a new blockchain architecture design that aims to solve the scalability and performance limitations of traditional blockchains, especially in social application scenarios with high-frequency and low-latency requirements.
The value and technological breakthrough of parallel public chains
Improve transaction throughput: Traditional blockchain uses linear block generation methods, which limits transaction processing speed. By introducing parallel processing technology, parallelized public chains allow multiple blocks or transactions to be processed simultaneously, significantly improving transaction throughput and meeting the needs of large-scale social applications.
Reduce transaction delays: On social platforms, users expect real-time interactive experiences. Parallel public chains reduce transaction confirmation time by optimizing consensus mechanisms and network architecture, provide near-real-time transaction confirmation, and improve user experience.
enhance scalability: Parallel design allows the public chain to dynamically expand according to demand, adapt to the growth of the number of users and transaction volume, and ensure the stability and efficiency of the network.
improve resource utilization: Through parallel processing, public chains can more effectively utilize network resources, avoid resource waste, and improve overall network performance.
Advantages of decentralized social networking
User data sovereignty: In decentralized social platforms, users have full control over their own data, avoiding the risk of abuse and disclosure of data on the centralized platform.
Transparency in content review: Under the decentralized structure, the release and review of content are jointly participated by the community, reducing opaque content censorship and ensuring freedom of speech.
Highly resistant to censorship: Since there is no single controlling entity, decentralized social platforms are more difficult to be censored or shut down by external forces to ensure the free flow of information.
Diversified incentive mechanisms: Through the token economy model, the platform can provide direct economic incentives to content creators and active users, and promote the production and dissemination of high-quality content.
in summaryThe technological breakthrough in parallel social public chains provides a solid foundation for decentralized social platforms, solves the bottlenecks of traditional blockchains in terms of performance and scalability, and empowers the widespread application of decentralized social.
NFT Airdrop Program
To give back to early supporters, HOME META will launch an NFT airdrop program. Specifically, users holding 10 DID tokens will receive a limited edition NFT. These NFTs have the following interests:
Permanent limit: Each NFT is unique and rare and has collectible value.
Ecological dividends: Holders will enjoy the dividend income of the HOME META ecosystem and directly participate in the growth dividends of the platform.
Whitelist and Airdrop Rights: Holders will have priority in participating in future whitelist activities and receive additional airdrop rewards.
Through this airdrop plan, HOME META hopes to share the results of platform development with community members and establish close ecological relationships.
conclusion
HOME META is leading the development of the social field of Web3 with an innovative attitude. Through a clear roadmap and unique ecological values, HOME META is committed to creating a safe, free and decentralized social platform for users. The upcoming NFT airdrop plan is a sincere feedback to early supporters. We look forward to witnessing the arrival of this social revolution with users around the world.
This article is from a submission and does not represent the views of BlockBeats.