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friends welcome to another video from silicon craftsman the product and user experience guild at near depending when you look at this video the markets are bleeding it has been an absolute massacre some projects are down up to 50 and 60 percent this happens at the time in crypto but every time that it happens two questions should pop into your head first one is are we going to bounce back and second one is what makes nir or any project really different to justify the bounce back and despite all the heavy losses and emotional damage that such a dip may be causing i actually really like the opportunity to remind people why i personally chose near why this project why the guild exists why this youtube channel exists and to draw your focus and attention to what really matters near is a layer one blockchain which enables anyone to build applications on top but the thing that really makes senior unique and the reason i'm very hopeful for speedy recovery it's is relentless focus and user experience see near isn't just a blockchain where we want to pump the price so we all get to buy a lambo and then we move on new is a blockchain that perhaps the marketing has not been the best up until now but we really have the vision of enabling people to build real businesses that on board millions and billions of people into the blockchain so these businesses may take longer to build but these are the kind of applications that a wouldn't really have now in the crypto space let's be honest and b the key to success is a product or service that people continue to use even if they don't know the price of the coin the price of the coin and the interest in growth should be completely separate and irrelevant to a user experience what makes people come back every day so with that round i'd like to introduce today's project myriad social merit social is the first of many so it is the first application that we will be covering in the space of decentralized social media and it is also the first app chain that will be covering from the octopus network i am very excited about the centralized social media yet i have also been very skeptical the problem is very well understood with centralized social media there are many criticisms that are getting louder by the day around censorship shadow banning challenges monetization major challenges with privacy but perhaps because a challenge is so well understood there has been a lot of people and a lot of claims immediately going to the decentralized space and having very idealistic and almost utopian views anarchical in some sense views of what decentralized social media should be and there's a couple of challenges there the first one is up until now we have not had the technology to build a proper decentralized social...