April 2022 In Review
Since securing our parachain slot and onboarding at the beginning of the year, progress has felt a little slow. But April brought a lot of big things, checking off more boxes on our roadmap. We are making progress!
Here is our usual monthly review, in semi-chronological order.
Mitch Eiven from CoinTelegraph mentioned Subsocial in this excellent article on decentralized social networks. It includes some quotes from Yung Beef about the difference between Web2 and Web3 social platforms.
Andjela Radmilac from Cryptoslate also wrote an article about Subsocial. This article focuses on Subsocial as a developer platform, talking about our tools and monetization options.
Sub.ID Sidebar & Russian Translation
The main Sub.ID page was growing pretty long, so we split it up into sections, with a navigational sidebar on the side. A Russian translation was also added, which can be accessed at the bottom of the sidebar. You can read more details here.
We began accepting applications for Subsocial ambassadors again. You can apply here and we will be in touch if you look like a good fit. If you have already applied, please be patient as we are still working through the submissions.
Dotsama Domains v1.0
On April 19th, we released version 1 of Dotsama Domains, our universal username solution. On the 28th, we released UX improvements for registering domains, to make it clearer what you can do with them. There was also a hint of an airdrop…
Thanks to your votes, one of our team members, Yung Beef, will be speaking about Open Social Graphs and Subsocial at the Polkadot Decoded conference this year. He will be in either Mexico City or Buenos Aires, but we are still waiting to hear from Parity about which location he will be at. The conference will be livestreamed so you can still watch from anywhere.
Another Subsocial App?
We have been thinking about building another web app that is more focused on donations and supporting content creators. It was teased on Twitter last month, but there is no confirmation yet whether we will build it or not, as we have other things that need to be built first.
Tokens Were Moved To The Parachain
In the wake of releasing Dotsama Domains, we moved all tokens from the solochain to the parachain, to let more people register domains. After moving the tokens, everyone that previously had a balance on the solochain was given 20 SUB to continue using the network while we finish up on our free transactions system.
Redenominating The Total Supply Of SUB
Mentioned earlier in the month, we redenominated the total supply of SUB tokens from 100M to 1B tokens on Friday the 29th. All token balances were increased by 10x - everyone still owns the same % of the network as they did before. This change was made to avoid using small decimals when dealing with SUB and to achieve an easier calculation system.
The Team Grew
Finally, we brought two more people onto our team last month, bringing us up to a total of 15 now. Denis came on as our new senior marketer, and Sasha will be doing QA testing. They have already started doing some excellent work, which you'll see soon.
Looking at our roadmap, it seems like we are ahead of schedule. We'll see what May holds. We may be surprised, because our team has been growing a lot lately (it has almost tripled in size in the last 8 months). Cheers!
Subsocial is a social networking platform built to support the social networks of the future. These apps will feature built-in monetization methods and censorship resistance, where users will own their content and social graphs. Built with Substrate pallets, Subsocial is a one-of-a-kind in the Dotsama ecosystem, and designed specifically for social interactions. These interactions do not have to be specifically social networking, as Subsocial can support apps like YouTube, Shopify, or even Airbnb.
To learn more about Subsocial and the future of social networking, check out our links:
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