Abstract This chapter critically examines the impact of Web3 technologies on financial, digital, and future-focused inclusion through three case studies: El Salvadorâs adoption of Bitcoin, Soulbound tokens for digital identity, and the Helium network for decentralised wireless infrastructure and environmental monitoring. By applying an insiderâoutsider lens, the chapter reveals the complex dynamics of inclusion and exclusion in Web3 initiatives, highlighting the gap between decentralisation promises and real-world implementation. The analysis demonstrates how top-down technological solutions can create new forms of exclusion, particularly when they fail to consider local needs and practices. The chapter also explores the potential of Web3 to transcend human-centric paradigms and include non-human actors in digital ecosystems. Policy recommendations provided address the identified challenges, emphasising the need for context-sensitive implementation and careful regulation. The chapter concludes by advocating for a nuanced understanding of Web3 technologies that recognises both their transformative potential and limitations. It sets the stage for discussing the future of Web3 in creating a more inclusive digital landscape that not only expands human access but also fosters sustainable coexistence with our planetâs ecosystems, challenging us to reimagine digital infrastructure beyond purely human interests.
This paper addresses a misalignment between market motivations and community needs in Web3, arguing that comparative ethnographic work can identify strategic opportunities in the industry. Comparing findings across different design research projects, we show how Web3 builders and founders are driving a plurality of projects and products and enabling crossâchain operability to build diverse blockchainâbased ecosystems. Although this plurality is generative for innovation in the industry, it deâprioritizes fully fleshed out, endâtoâend Web3 solutions to urgent social problems, and is increasingly displacing communityâcentered perspectives. We found that users desire a different kind of pluralityâinteroperable financial instruments across traditional banking and blockchain â based platforms.
This article explores how decentralized Web3 is reshaping Internet governance by enabling the emergence of new forms of nation-statehood and redefining traditional concepts of state sovereignty. Based on fieldwork conducted in Silicon Valley since August 2022, this article systematically addresses the following research question: How is decentralized Web3 reshaping Internet governance and influencing the rise in new nation-statehood paradigms? It compares three emerging paradigms around Web3: (i) Network States (Srinivasan), envisioning digital entities rooted in crypto-libertarian principles; (ii) Network Sovereignties (De Filippi), emphasizing communal governance aligned with digital commons; and (iii) Algorithmic Nations (Calzada), drawing on Arendtian thought and demonstrating how communitiesâsuch as indigenous and stateless groups, as well as e-diasporasâcan attain self-determination through data sovereignty. This article contributes a unique conceptual analysis of these paradigms based on fieldwork action research in Silicon Valley, responding to evolving technologies and their potential to reshape Internet governance. This article argues that decentralized Web3 provides a transformative vision for Internet governance but requires careful evaluation to ensure that it promotes inclusivity and equity. It advocates for a hybrid approach that balances global and local dynamics, emphasizing the need for solidarity, digital justice, and an internationalist perspective in shaping future Internet governance protocols.
In response to the data revolution, academic research and media attention have increasingly focused on the technological adaptation and innovation displayed by the far right. The greatest attention is paid to social media and how groups and organizations are utilizing technological advancement and growth in virtual networks to increase recruitment and advance radicalization on a global scale. As with most social and political endeavors, certain technologies are in vogue and thus draw the attention of users and regulators and service providers. This creates a technological blind spot within which extremist groups frequently operate older and less well regarded technologies without the oversight that one might expect. This article examines the less well-studied traditional and official websites of the Ku Klux Klan, the most established and iconic of American far-right organizations. By incorporating non-participant observation of online spaces and thematic analysis, this research analyzes the evolution of 26 websites, from their emergence in the early 1990s to the present day. We examine the ways in which traditional printed communications and other ephemera have progressed with advances in technology, focusing on the following central elements of Klan political activism and community formation: Klan identity, organizational history, aims and objectives; technology and outreach, including online merchandise and event organization; and the constructions of whiteness and racism. The results add value and insight to comparable work by offering a unique historical insight into the ways in which the Klan have developed and made use of Web 1.0, Web 2.0, and Web3 technologies.
Open access
Hate Speech and Cyberbullying Detection
Social Media and Politics
Terrorism, Counterterrorism, and Political Violence
Digitalization has far-reaching yet under-researched impacts on stateâsociety relations. This article addresses this gap and explores digitalization as a driver of change to social contracts. The conceptual framework explains how it changes (a) the stateâs duty to grant protection, provision, and participation in exchange for legitimacy; (b) the modes of stateâsociety interaction; and (c) the contracting parties with respect to their location and their relative power position. Based on a literature review and recent developments in digitalization, the article then discusses how this plays out in the MENA region. It shows that digital surveillance by authoritarian regimes often dominates over the statesâ duty to protect their citizens. Spaces for political participation increase through social media and online platforms but often fail to translate into âofflineâ mobilization. Digitalization can improve public service provision, but only for digitally-connected citizens. Thus, digitalization tends to enhance the relative power positions of MENA states even if states themselves partly depend on external actors for access to and control over digital technologies. Overall, digitalization is an important, structural driver of change to social contracts but pre-existing stateâsociety relations and governance framework conditions lead to either more inclusive or rather more authoritarian social contracts.
Over the past decade, the financial sector has developed in tandem with the globalization trends through Financial Technology (Fintech), Decentralized Finance (DeFi), and Central Bank Digital Currencies (CBDC), indicating the potential to enhance financial inclusion and system efficiency. This research analyzes public discourses on DeFi and CBDC adoption using BERT and RoBERTa methods emphasizing multilabel classification for text understanding and word relationships. The research findings indicate that RoBERTaâs multilabel classification has proven to be more effective than BERTâs multilabel classification in analyzing public discourse on CBDC and DeFi because RoBERTa, with epoch four, learning rate 2e-5, and batch size 32, exhibits higher levels of accuracy, precision, recall, and F1 compared to BERT. Specifically, RoBERTa demonstrates an accuracy of 0.9636, with MacroP 0.9798, MicroP 0.9811, MacroR 0.9770, MicroR 0.9775, MacroF1 0.9793, and MicroF1 0.9793. This study recognizes the challenges and variations in model performance that need to be focused on in future research. Additionally, this research has the potential to provide a better understanding of public discourse on financial innovation topics, considering various perspectives.
Federated Learning (FL) is a promising paradigm that offers significant advancements in privacy-preserving, decentralized machine learning by enabling collaborative training of models across distributed devices without centralizing data. However, the practical deployment of FL systems faces a significant bottleneck: the communication overhead caused by frequently exchanging large model updates between numerous devices and a central server. This communication inefficiency can hinder training speed, model performance, and the overall feasibility of real-world FL applications. In this survey, we investigate various strategies and advancements made in communication-efficient FL, highlighting their impact and potential to overcome the communication challenges inherent in FL systems. Specifically, we define measures for communication efficiency, analyze sources of communication inefficiency in FL systems, and provide a taxonomy and comprehensive review of state-of-the-art communication-efficient FL methods. Additionally, we discuss promising future research directions for enhancing the communication efficiency of FL systems. By addressing the communication bottleneck, FL can be effectively applied and enable scalable and practical deployment across diverse applications that require privacy-preserving, decentralized machine learning, such as IoT, healthcare, or finance.
The DeFi (decentralized finance) platforms that are coming up present a ground breaking chance in the crypto world. Here the analysis is based on ApexWolf, an Ethereum-only crypto exchange, and its collaboration with DeFi protocols. The system's evaluation uses a methodology that combines user feedback and transaction simulation to assess the security measures, features, and usability. Results are the proof of fast transaction execution, competitive costs, and the positive feedback from the users. The ApexWolf project despite the intrinsic blockchain limitations demonstrates great potential in supporting users to interact in a decentralized finance system. The study provides knowledge about the transformation process of cryptocurrency exchanges and DeFi platforms presenting both opportunities and difficulties for future development and widespread use.
Andrea Peña-Calvin, Javier Arroyo, Andrew B. Schwartz, Samer Hassan
Blockchain technology enables a new form of online community: Decentralized Autonomous Organizations (DAOs), where members typically vote on proposals using tokens. Enthusiasts claim DAOs provide new opportunities for openness, horizontality, and democratization. However, this phenomenon is still under research, especially given the lack of quantitative studies. This paper presents the first census-like quantitative analysis of the whole ecosystem of DAOs, including 30K DAO communities on the main DAO platforms. This enables us to provide insights into the allegedly "democratic'' nature of DAOs, building metrics concerning their lifespan, participation, and power concentration. Most DAOs have a short lifespan and low participation. There is also a positive correlation between community size and voting power concentration. Like other online communities, DAOs seem to follow the iron law: becoming increasingly oligarchic as they grow. Still, a significant amount of DAOs of varying sizes defy this idea by being egalitarian by design.
E-diasporas are communities of diaspora members utilizing digital technologies and data platforms to establish connections among themselves and with their homelands.In response to the pandemic, governments worldwide have intensified efforts to reinforce e-diasporas.However, these endeavours often rely on social media extractivist Big Tech platforms, which are referred to as 'hyperconnected diasporas' in this article.This trend potentially poses a threat to institutional trust and data privacy.This article introduces HanHemen (ThereHere in Basque language, Euskera), an ongoing action research-driven e-diaspora platform facilitated by the Basque Government.HanHemen aims to ensure data privacy through experimentation with blockchain technologies and co-production with endusers via DAOs.This article reveals findings from an online survey completed by 419 Basque diasporic citizens (N = 1,385), who demonstrated support for digital nomadism (62%) and expressed concerns about data privacy (84%).These findings highlight the need to overcome the mainstream 'hyperconnected diaspora' trend through HanHemen.
Our study builds on theories emphasizing connectivity for learning on social media to study learning networks on Twitter (e.g., Haythornthwaite, 2019;Siemens, 2005).Considering the nature of power law distribution on social media (Yoshida, 2021), we focus on a group of influencers from the Non-Fungible Token (NFT) community to uncover online learning networks and their emergent practices.By employing an exploratory Social Network Analysis (Nooraie et al., 2020) and qualitative analysis, we examine the way in which influencers form learning relations through conversational interactions and content, and the modalities and discursive strategies used in their tweets.We find that influencers built a strong learning network through sustained interactions and content relations among themselves and with a wide community outreach.This analysis contributes to the way that learning networks are analyzed and found on Twitter.
Wenrui Zuo, Aravindh Raman, RaĂșl J. MondragĂłn, Gareth Tyson
Web3 social media strives to eliminate the need for centralized management by building upon on technologies such public ledgers and smart contracts. This has generated significant hype, but creates many notable challenges, many of which remain unaddressed. One such challenge is content moderation. Specifically, the immutable nature of blockchain means that it becomes impossible to retrospectively delete posts. This means that illegal content posts cannot be moderated or removed. In an attempt to overcome this, Web3 platforms, such as memo.cash, allow users to filter out posts from their personal timelines. Taking memo.cash as a use case, the goal of this work is to study the efficacy of the approach, and identify associated challenges. A particularly unique feature of memo.cash is that users must pay money (satoshi) for each social action (e.g., posting and blocking other users). We conjecture that this may impact the nature of moderation, particularly among poorer users. To explore this, we gather data from memo.cash covering 24K users, 317K posts, and 2.57M user actions. We investigate how the need to pay may impact the moderation system and propose potential solutions to address the challenges that arise.
Over the last fifteen years, the development of blockchain technologies has attracted a large volume of professional expertise, capital investment and media attention. This burgeoning sector of technology practices has coalesced around a few major initiatives (Bitcoin, Ethereum), but it is still moving at a fast pace and its configuration is evolving. If this sector is marked by a variety of technological protocols, financial arrangements and organizational forms, it is also, we would argue, a site of social effervescence. Parties, meet-ups, and the sorts of informal socializing which gather around events and networks of all kinds function to endow the blockchain sector with the characteristics of what, in cultural analysis, are often called âscenesâ. The aim of this special issue is to examine the interest of the notion of scene for the analysis of blockchain practices. We argue that the notion of scene may be mobilized as a useful analytical framework not only for the study of blockchain practices, but for that of technology practices more generally. In this introductory article, we ask the following questions: how can the notion of scene contribute to the understanding of blockchain practices? And what sort of research agenda does the notion point to? In the following sections we first identify some âscenicâ components in blockchain phenomena. Then we review how media discourses and academic scholarship have framed these phenomena to show that the scene perspective is undertheorized in the context of technology-related social groupings. Finally, we propose a framework to analyse the main dimensions of blockchain scenes, before presenting the contributions to the special issue. With this special issue, we aim to establish a research agenda around technology scenes at the junction of STS and cultural analysis.
This chapter synthesizes practitioner and academic literature on LGBTQ organizing in the pracademic tradition. It analyzes the ways that advocates, activists and allies âqueer it upâ and harness digiqueer resistance through participatory and policy advocacy against challenges to diverse LGBTQ expression. This includes new rituals of LGBTQ organizing through hashtag activism, crowdfunding advocacy, philanthropy through non-fungible tokens, and the continued commodification of LGBTQ identity through ecommerce for advocacy and allyship. The chapter considers where LGBTQ networked expression sits within the digital organizing landscape. On one level, political insecurity through the âhate feedback loopâ keeps LGBTQ organizers in the policy âtrenchesâ as they maintain the fight for basic relationship, expression and conduct rights that the general public might take for granted. On another level, increased recognition of LGBTQ expression through popular culture, relationship rights such as same-sex marriage, and social networks sees a related expansion of the social imagination of homosexuality as identity rather than conduct across health and welfare, religion, securitization, markets, nationalism, a sense of belonging, and other identifiers.
Every journal strives for a signature, a combination of topic, tone, and texture. This is a difficult asset to nurture, in the growing cacophony of journals, blogs, social media influencers, and micro-audiences. For a journal like Public Culture, there is an additional challenge, which is to be open to the ever-changing present without losing an identifiable take on it, which necessarily implies a less volatile orientation. In the triangle of critical energy constituted by the diaspora of modernity, the mediated constitution of all public spheres, and the circulation of cultural forms, Public Culture was a pioneer in identifying the volatile edges of transnational cultural politics. Just as Public Culture has witnessed some of the key transitions within academia, which can be traced to globalization and to transnational cultural politics from an early moment, we are also able to trace the ways in which Public Culture's signature has circulated across numerous other scholarly journal and fora, expanding the reach of these forms of thinking.Circulation is both our most enduring theme and the signature of our social life as a journal. It is worth recalling why circulation has been a vital concern for us since we began in 1988, more than three decades ago. In the very early years of cultural globalization, when markets appeared to be dissolving borders, our authors and readers sensed that the idea of commodities as mobile and culture as stable was not useful. Instead, the tropes of flow, diaspora, mobility, and multiplicity began to appear in descriptions and theorizations. Cultural forms began to be read as agentive and not as primarily representational. The transnational morphed into the global. The movement of bodies was seen as part of the same energy that moved images. The formative ideas of liberal political theory (civility, publicity, representation, participation) began to be seen as parts of a global ecumene of words and ideas, as in the case of the idea of the âpeople,â which was transformed by its journey to places like China, Haiti, and India, and could be reimagined in its original homes in Europe and the United States as a consequence of its circulation.In the second and third decades of the journal, marked by the destruction of the Twin Towers in September 2001, the new millennium appeared to encourage many dark forms of circulation: the violence of asymmetrical warfare, the black holes of torture and rendition, the rise of arms and finance mafias, new forms of human trafficking and slavery, the rise of multiple ethnonationalisms. Public Culture went with the flows of these phenomena, staying as close as possible to the shifting dramas of the ordinary that registered the stubbornness of locality amidst the ceaseless circulation of forms. We tried hard to remind our critics that we understood that movement was not freedom, that aspiration was no substitute for justice, and that even as wealth increased, so did inequality.By the time our present editorial team took responsibility for the journal, a little over three years ago, our world looked permanently changedâagain. The planetary had eclipsed the global, repatriation seemed more urgent than revolution, data had become the central raw material of global capital, the growing pronomination of gender roles had generated an unrestricted set of possibilities, and COVID-19 had made many prior axioms of sociality unstable.So, we offer you this issue of our journal in the spirit of critical uncertainty, of situations not yet crystallized into contexts, of forms of circulation not yet fully available to theory, of predicates of a subject still in the making. In this issue we present three forum essays that embody an exploratory spirit, suggesting but not yet drawing definitive conclusions. The essays, one of which is collectively authored, draw explicitly on transnational circulationsâof cryptocurrencies, community land trusts and activism, and mediatized forms of irony.The difficult relationship between law, circulation, and value-production in global capitalism is the topic of Ritu Birla's alarming essay on cryptocurrency, both within and beyond the domain of visual art. Beginning with a discussion of what are called NFTs (non-fungible tokens), which are a new hybrid of artwork and value storage, Birla takes us into a troubling reading of the dangers of cryptocurrency. She shows that the biggest risk of this new form of money is to blur the distinction between the social contractâas a form of liberal political agreementâand the aleatory contract, which is oriented to risk, uncertainty, and profit. In other words, we are facing the possibility that financial and political contracts become two sides of the same coin.In âTrust Land,â our second forum essay, Keller Easterling draws together the threads of a remarkable set of stories from the past into a potential narrative connecting two moments of activism around land and civil rights across time and geography. Easterling presents us with a loose sheaf of stories, set around the town of Albany in Georgia, spanning several decades since the 1960s. Deftly drawing suggestive connections across these stories, she writes, âIn the Albany stories, a forgotten chapter of the civil rights movement in the US South meets an underexamined watershed moment in the global South.â Focusing on multiple and diverse strands of activism, she suggests that such diversity may be the answer to overwhelming dominant capitalism with âmultiple modes of exchange and incalculable productivity.â These exchanges, embedded in networks of care and mutualism, have once again come to the fore during the COVID-19 pandemic. Her work suggests that there is also a kinship across time between the abolitionist and decolonizing modes of activism and relational infrastructures prevalent in the early to mid-twentieth centuries and what is needed today to combat the multiple crises produced by âglobalizing infrastructure projects that have reinforced Western dominance and exacerbated inequalityâ in the late twentieth and early twenty-first centuries.The third Forum essay titled âAnimating Ironyâ by Farhan Samanani and his coauthors, draws on a very diverse set of contexts (primarily Greece and Ghana) with sharp asides on Donald Trump's America, to explore the political contradictions of irony in political discourse, both on- and offline. The authors show a keen eye for what was observed long ago by SĂžren Kierkegaard, namely, that both irony and hypocrisy exploit the distance between the external utterance and the inner motivation. To this understanding, they add the original insight that irony opens a space for uncertainty, speculation, and ambiguity for a variety of political actors, thus offering a sensibility that is especially suited to the growing uncertainty of our times, revealed in economic crises, new experiments in voice and group formation, and blurred boundaries between hope and pessimism in politics.The Essays section opens with Valerie Werder's essay on the legal struggles around a set of daguerreotypes of American slaves in the possession of Harvard University. Werder's essay speaks to the embattled terrain of lawfare and visual exploitation, in this case involving issues of race, science, property, and visuality. In this scandalous case, Harvard shows its remarkable willingness to commoditize its own shameful collections of enslaved humans, first collected as evidence for the theories of white supremacy endorsed by one of its founding zoologists, Louis Agassiz. Today Harvard asserts its rights to use these images in various visual campaigns to promote its claims to being a bastion of inclusion and diversity.Continuing the focus on visuality and visibility, Danny Hoffman's essay, âRally Day: The Urban Landscape of Postcolonial Political Violence in Sierra Leone,â explores âthe configuration of violence, politics, and the cityâ in contemporary Sierra Leone, focusing on a moment of extra-judicial violence during a political rally. Reading this moment of violence as a moment of political violence, Hoffman overturns a dominant understanding of violence as signaling the absence of the state and the breakdown of governance. Coupling his own observation and witnessing in the field with readings from cinema and fiction, Hoffman offers an alternative interpretation of a moment of violence in which a young man is caught and punished as a thief during the rally. Contrasting the suggestions in works of Cameroonian filmmaker Jean-Marie Teno and the Nigerian-American writer Teju Cole that popular justice is meted out due to the frustration that results from the absence of the state, Hoffman offers a different and perhaps more surprising reading of popular violence, which draws both on the improvisatory setting provided by cities to enact self-government as well as on the suggestion that the state operates through âclandestine, rhizomatic, and extralegal circuits,â making it possible to participate in and to understand violence as a preemptive, political act to root out the criminal presence of the state in everyday life. The urban setting âaffords a certain security of unknowability to those taking justice into their own handsâ while âthe anonymity of the thief, for example, makes him an especially effective, unmoored signifier for the machinations of the state.âFinally, Elana Resnick offers us an essay on the scabrous humor of Roma women street sweepers in Sofia (Bulgaria) where they simultaneously constitute, perform, and clean the marginal spaces of urban life. Their humor plays with the stereotypes of dirt, immorality, and sexuality that define Roma bodies, and they produce a powerful politics of recognition among themselves under the shadow of the very civil society that despises them. Indeed, this is a ârefusal of refusal,â in this instance by women forced to deal with refuse, and it is a reminder that no social margin is an island, and that even the most marginalized identities can snatch dignity from the jaws of humiliation.Each of these essays can also be read in the light of our stubborn interest in the logics of the circulation of forms and the forms of circulation. Both logics are ever changing, but, as with the many tropes of the blade and handle of a knife that can change many times without changing the identity of the knife, we urge our readers to wonder what has truly changed in the nature of circulation.
The key to the roaring success of the Web 2.0 platforms has been the way they have inserted themselves between traditional broadcasters and networks of friends through activities of the influencers with high follower counts. Though they are constantly at risk of being booted off the platforms, they were able to build up large audiences without bearing the cost of server and network bandwidth, choosing to take a small royalty instead once they have reached a threshold. If influencers can build networks of equivalent size on the decentralised systems, that may bring Web 2.0 to an early finish. However, those platforms can do a lot to prevent a kind of disruption they are unlikely to favour. If that is the case, Web3 may remain a niche interest for the average user if they see entertainment as a greater priority than social network control. As it was in the days of Web 1.0, it's not hard to wind up shuffled off to an unseen corner of the internet; you just have to be someone who does not get promoted by a search engine or social-network provider. Decentralisation may do little to change the power-law dynamics of social networks.
Wenrui Zuo, Aravindh Raman, RaĂșl J. MondragĂłn, Gareth Tyson
There has been growing interest in the so-called âWeb3â movement. This loosely refers to a mix of decentralized technologies, often underpinned by blockchain technologies. Among these, Web3 social media platforms have begun to emerge. These store all social interaction data (e.g., posts) on a public ledger, removing the need for centralized data ownership and management. But this comes at a cost, which some argue is prohibitively expensive. As an exemplar within this growing ecosytem, we explore memo.cash, a microblogging service built on the Bitcoin Cash (BCH) blockchain. We gather data for 24K users, 317K posts, 2.57M user actions, which have facilitated $6.75M worth of transactions. A particularly unique feature is that users must pay BCH tokens for each interaction (e.g., posting, following). We study how this may impact the social makeup of the platform. We therefore study memo.cash as both a social network and a transaction platform.
Aim: Current scenario shows an increase in the adoption of off-chain voting applications in DAOs to avoid complexity and costs for user engagement in their governance. This exploratory research analysis shows the role of digital presence in DAOs with off-chain voting systems, respective voting properties, and general trends. Methods: Empirical hybrid approach with statistical analysis and QCA configuration analysis of datasets retrieved from most used off-chain voting system. Input data from DAOs, proposals, and votes. DAOs with the highest followers and proposals simultaneously as selection criteria for the analysis. Results: 179 DAOs (1,39%) account for 26,538 (32%) proposals and 1,268,474 followers (54%) of the entire Snapshot database in January/2023. The most preferred social media as communication channels are Twitter and GitHub. Decrease of Ethereum as main-chain, with Polygon and Binance Smart Chain already representing 22%. Basic type voting may lead to higher user engagement in the voting process. Conclusion: This research findings suggest a better understanding of the voting process, technology features, and governance knowledge towards social community engagement and decision-making in DAOs.
Abstract This paper critically evaluates the political economy of Web3 and offers a neo-institutional model to explain qualitative observations of contemporary digital social movements. By starting to develop a sociological model of Web3 rooted in micro-organizational practices, including trust mediation and social coproduction, this paper re-evaluates assumptions of scarcity, economic value, and social belonging. It concludes by introducing a novel research program to study digital polycentric governance that focuses on community self-governance of digital common pool resources (DCPRs) and looks forward to empirical research using on-chain datasets from decentralized autonomous organizations (DAOs).
Elections are an essential process for securing public opinion and legal justification in a democratic society. In the case of the Republic of Korea, a rigid electoral culture was established during the military dictatorship, which caused many electoral systems to become unilateral. However, as times have changed, various means of communication between candidates and voters have been newly introduced, and various ways to lower election costs and actively promote election activities have been attempted. Among them, the introduction of the use of social media reflects the transition from group focus to individual focus and from one-sided publicity to active election campaigns through interaction between candidates and voters. In this study, we present examples of election campaigns using the recently developed NFT(non-fungible token) as part of promoting the election atmosphere and encouraging the supporters of each party's presidential candidates to participate in the vote. The HOK (House of Kard) was a tournament project that used NFTs for the advance voting of candidates in the 20th Korean presidential election. In each round, the candidate-'sâ NFTs were presented with a new concept. The HOK project presented NFTs in graphic form as entertainment elements called league matches based on the presidential election. Consumers with NFTs tried a virtuous cycle structure where they could choose candidates they support or cards with a high probability of winning for various reasons, and small sales were attempted to increase the NFT value for owners who support and sponsor them. The HOK project had the goal to promote a new way of lighthearted participation in the presidential election away from the rigid election culture of the past, and became one example of the various NFT applications that may be attempted in the future.
Social Media and Politics
Internet of Things and Social Network Interactions
Sep 11, 2022·15th International Baltic Conference on Digital Business and Intelligent Systems (DB&IS), July 03-06, 2022, University of Latvia, Riga, Latvia
Web 3.0 is considered as future of Internet where decentralization, user personalization and privacy protection would be the main aspects of Internet. Aim of this research work is to elucidate the adoption behavior of Web 3.0through a multi-analytical approach based on Partial Least Squares Structural Equation Modelling (PLS-SEM) and Twitter sentiment analysis. A theoretical framework centered on Performance Expectancy (PE), Electronic Word-of-Mouth (eWOM) and Digital Dexterity (DD), was hypothesized towards Behavioral Intention (INT) of the Web 3.0 adoption. Surveyed data were collected through online questionnaires and 167 responses were analyzed through PLS-SEM. While 3,989 tweets of Web3 were analyzed by VADER sentiment analysis tool in RapidMiner. PLS-SEM results showed that DD and eWOM had significant impact while PE had no effect on INT. Moreover, these results were also validated by PLS-Predict method. While sentiment analysis explored that 56% tweets on Web 3.0 were positive in sense and 7% depicted negative sentiment while remaining were neutral. Such inferences are novel in nature and an innovative addition to web informatics and could support the stakeholders towards web technology integration