CoinDesk
By Ian Allison
May 24, 2022

Social-Media Disruptor Project Liberty to Run on Polkadot’s Blockchain Network

The partnership follows on from former LA Dodgers owner Frank McCourt earmarking $100 million last year to disrupt incumbent-dominated social media.

Project Liberty, the initiative backed by real estate billionaire Frank McCourt aimed at disrupting today’s social media platforms, has found a home on Polkadot, the framework of parallel blockchains conceived by Ethereum co-founder Gavin Wood.

Last year, McCourt, a former owner of the Los Angeles Dodgers baseball team, earmarked $100 million to attack the existing structure of social media, which he says is dogged by problems around data privacy and user manipulation that can’t be tackled by regulation.

The solution, in his opinion: an open-source, publicly owned infrastructure called the Decentralized Social Networking Protocol (DSNP) to center the internet around people instead of giant data-harvesting platforms.