Web3 Blogging Platform Mirror Pivots to Social Media with Farcaster-Based App Kiosk

By: Eva Baxter

The team behind the Ethereum-based blogging protocol, Mirror, is shifting gears towards social media development. They are currently focusing on building a Farcaster-based social app named 'Kiosk'. This is made possible through a deal with Paragraph, a competitor in the Web3 publishing space, which is taking over Mirror. The arrangement allows Mirror's team to function independently, concentrating entirely on social media. This transition comes after a collective fundraising effort that accrued $15 million.

Mirror and Paragraph, previously competitors, now have a synergistic relationship where the latter will manage the publishing platform allowing Mirror to dive deep into the social media spectrum with its application 'Kiosk'. This move illustrates the dynamic nature of the Web3 space where entities readily shift and pivot based on strategic advantages and opportunities.

With an increased focus on the web3 space, it is expected that more developments like this will follow, potentially signalling a new trend in the decentralized internet. The new direction Mirror is taking could usher in innovative advancements and applications in the social media realm.