What is Social 3.0?

UBi
2 min readNov 30, 2023
UBi

Social 3.0 is the new buzz around town. So, what is social 3.0? Social 3.0 means how we meet new people, romantic relationships, and friendships; how we sustain relationships; how we communicate for work & fun; what kind of people we network with, and which communities we belong to. The future of social interaction and how it will evolve with the new technology: metaverse, blockchain, crypto.

As technology is evolving so are the people using these technologies. We as humans are very adaptable to the environments that surround us. It is obvious that adjusting to new technology is becoming part of life. How else can we define social 3.0? Think of all social networking platforms into one, one super app. Social 3.0 will profoundly extend the volume and background of both human and machine interactions well beyond anything we can now envision. These interactions will be viable with a far wider spectrum of potential parties, ranging from seamless payments to richer information flows to trustworthy data transfers.

Social 3.0 will allow us to engage with any person, computer, not to mention generative AI on the planet without having to pay a charge to a middleman. From global operations to decentralised autonomous organisations and self-sovereign data marketplaces, this change will open a whole new world of previously beyond belief enterprises and business models. Humans, businesses, and robots may share more data while maintaining more privacy and security.

Through their new wire of more flexible peer-to-peer communication and governance links between members, organizations can be innately more robust to change. Social 3.0 provides a new paradigm that combines information, value, finance, and creativity within one protocol for human interaction.

Social 3.0 will change the way we interact. The potential of Social 3.0 is exponential and will interrupt the world in ways that have never been conceived before, and we will need a few decades to measure its full impact. The vision for Social 3.0 is still in the making, but the fundamentals are composability and tokens, DeFi, NFT and social into a new computing paradigm with intense network effect.

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