ULAS — The First SoulBound Web3 Social Network

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ULAS Network

3 min readJun 20, 2022

We’re not data. We are human beings.
We identify ourselves, not by algorithms.
We join tribes that share values, not a social furnace melting different opinions.

What is ULAS?

ULAS Network is the first SoulBound Social Engine that aims to provide a framework for establishing a decentralized society with a sustainable creator economy and a social incentive mechanism.

Our mission is to solve:

In the web2: Unfair wealth distribution among platform, creators and users; The platform restricts speech, arbitrarily bans accounts and other excessive powers;
In the Blockchain: Autonomous identification system causes infinite amounts of malicious behaviours;
In the centralized society: whenever there’s a chance of claiming the power to rule, human cruelty always chooses what’s rightful for themselves, the minority.

Vision:

Digital collaboration at a universal scale.

Features of products & consensus

Here is a quick overview of the key features of ULAS Network.

Social, users can follow each other and post comments in public areas. Advertisers can bid to rank in public areas. Content posted on Twitter and other social media can be migrated with one click and mint as NFT.
Community, influencers can customize their communities better to manage fans, as well as a better income. Meanwhile, fans are easy to find all information about influencers they follow. The community can also initiate crowdfunding.
Task to Earn, linking with Web2 and Web3. Content posted on Twitter and other social media can be migrated at ULAS with one click and mint it as NFT, which is also a good commercial method.
NFT Marketplace, the marketplace contains trading includes GameFi props, digital artworks and so much more. On ULAS, artists can focus on creation, without bothering with marketing, incentive social tools will take care of the rest.
DeSoc, Decentralized Credit Ranking, an on-chain reputation system established by an open-source social engine enables developers to build social D-APP.
ULAS Dao, Ecosystem Partners, like developers and active users would be rewarded for maintaining the stability of the network.
SBTs, Data Ownership back to Users, multi-chain data aggregator reclaim data ownership through web3.0

Tech

ULAS Network is implemented as a proof-of-trust blockchain with Cosmos SDK, giving it maximum flexibility in interoperability and scalability. Cosmos enables a decentralized validator set, with fast block times and low gas. The governance-driven development process of Cosmos allows rapid development and iteration required for the ULAS Network. It also enables interoperability with Ethereum and other chains via IBC (inter-blockchain communication protocol).

ULAS Token

ULAS token $ULAS is the native currency of the ULAS Network. It is used for payment of network fees, NFT trades, staking, commercial activities, governance voting, etc. Pioneers and contributors will be rewarded.