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One Step Forward, Two Steps Back for Web3 Social Media

June 14, 2023
in Web3
Reading Time: 3 mins read
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TL;DR

Apple despatched the Damus admins a word which mentioned (we’re paraphrasing): “Hey you already know what? I do know your app’s been out there with the ‘zap’ characteristic for months, nevertheless it goes in opposition to our phrases. Oh, and you have 14 days to submit a brand new model or we’ll take away it from the App Retailer.”

Because the Damus workforce Tweeted: “Damus doesn’t promote any digital items or present options for promoting digital items. It merely has a tip button for facilitating p2p transactions like venmo or cashapp.”

The Damus case will undoubtedly set a precedent on whether or not Web3 apps can use the Lightning Community (or different layer-2’s) to ship p2p transactions.

Full Story

Again in Feb this yr, a decentralized different to Twitter – referred to as Damus – went stay on the Apple App Retailer.

Woooo – getting a Web3 social app authorised on the Apple App Retailer is a giant deal!

Then yesterday, Apple despatched the Damus admins a word which mentioned (we’re paraphrasing): “Hey you already know what? I do know your app’s been out there with the ‘zap’ characteristic for months, nevertheless it goes in opposition to our phrases. Oh, and you have 14 days to submit a brand new model or we’ll take away it from the App Retailer.”

Ooooft.

What’s Apple’s problem?

Apple’s taken problem with a characteristic referred to as ‘zaps’ that are principally ideas.

The Damus app rewards the individuals who create content material on the platform – the customers – by permitting different customers to ‘zap’ posts. Suggestions are despatched in crypto, peer-to-peer, by way of the Bitcoin Lightning Community.

However as everyone knows, Apple loooves taking a minimize any time cash (or crypto) modifications fingers in trade for ‘digital content material.’

What does this imply for Damus and Web3 social media?

Within the quick time period it seems to be like Damus must take away the zaps characteristic from their Apple app with a view to preserve it out there to customers.

However this battle is simply starting.

Because the Damus workforce Tweeted: “Damus doesn’t promote any digital items or present options for promoting digital items. It merely has a tip button for facilitating p2p transactions like venmo or cashapp.”

Looks as if a good argument.

One of many huge worth propositions of Web3 social media is the flexibility for customers to be rewarded for the content material that they produce (the content material that finally makes the platform precious).

The Damus case will undoubtedly set a precedent on whether or not Web3 apps can use the Lightning Community (or different layer-2’s) to ship p2p transactions.

Let’s examine how this pans out.

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