What can Agora Network build
Last updated
Last updated
Agora Network aims to blockchain and artificial intelligence(AI) to build a decentralized social infrastructure that gives developers and users the freedom to build social apps and create value across a variety of application social networks. This is particularly interesting as we will be launching SocialFi apps where social is transformed into financial rewards, and going forward, as we build the ecosystem, we are focusing on the convergence of Web3 and AI to create an open source infrastructure. Through the Agora DID protocol and the Agora Social Graph Network protocol, users are in control of their own social data, which can be sold through data trading platforms to AI models for training in return. Social data is valuable, we aim to disrupt the centralized monopoly, Agora Layer2 is the infrastructure of the Web3 social network, and the value layer network.
On-chain social data also maximizes the composability of eco-applications, and Agora Network encourages reuse of shared data layers. For example, with Agora decentralized social applications, all user-generated social data, linked to user identity accounts through the Agora DID protocol, can be combined for more usage scenarios through the Agora DID protocol and the Agora Social Graph Network protocol to create a diverse ecosystem of crypto-native applications, combining social elements with DeFi, GameFi, DePIN, Artificial Intelligence and Metaverse. In the future, Agora will build more tools and modular integration solutions, whether it is text, images, audio, video or even live streaming themed content platforms (including and not limited to Websites, APPs, and Generative Artificial Intelligence) can be built using the Agora Network to build the corresponding social platform.
Agora Network, as an EVM-compatible Layer2 network, is not limited to social ecosystem networks. Existing EVM-based applications (Ethereum, Binance Smart Chain, Optimism and Arbitrum, etc.) can run on Agora Network without modification. Compared to other EVM blockchains, Agora Network has lower transaction costs for users, faster transaction speeds, and a user-friendly development environment that makes it easier for developers to get started and get their applications up and running quickly.