Design and Implementation of a Decentralized Social Finance Network Based on the CAW Manifesto

Abstract

This paper presents the design and implementation of thesocks.net, a decentralized social finance network inspired by the CAW protocol manifesto. thesocks.net leverages Web3 technologies and the Polygon blockchain to provide a communitygoverned, anonymous, and censorship-resistant platform that integrates traditional features of social networks with decentralized financial services. The architecture is built around two core elements: the NFTs-Username utility cryptocurrency deployed on Polygon and NFT_Username identities, which function as user accounts represented by unique and tradable NFTs. Smart contracts written in Solidity govern key features such as content publication, user interactions (likes, shares, follows), stake, token burning, and reward distribution, ensuring transparency and autonomy. The platform enables users to create profiles, send encrypted messages, transfer tokens, and participate in staking and games, all without centralized control or personal data collection. This paper outlines the technical framework, the development process, and the deployment phases of thesocks.net, demonstrating how the blockchain-based infrastructure can support secure, scalable and inclusive social ecosystems. The implementation highlights the potential of decentralized architectures to foster freedom of expression, digital ownership, and financial participation on a global scale.