RSS3 (RSS3)
RSS3 is a protocol designed to establish an Open Information Layer to improve information exchange on the Open Web. This decentralized infrastructure supports various applications, such as AI training, social media, and search engines, by enabling efficient information dissemination.
Overview
Since the latter half of 2020, RSS3 has aimed to enhance the Open Web by facilitating open information exchange. Inspired by the original RSS, this decentralized feed protocol addresses the growing demand for unified presentations of users' identities and assets in the web3 landscape. Users can independently control and display their assets across different platforms. The RSS3 token governs the network, impacting global indexer and serving node elections. Network nodes index various Open Web protocols, providing universal access to valuable information. RSS3 supports open social protocols and enables decentralized applications, search engines, and activity feeds.
| Ticker | RSS3 |
| Category | Artificial Intelligence (AI) |
| Website | https://rss3.io |
| @rss3_ | |
| Telegram | rss3_en |
| Contract Addresses | |
|---|---|
| ethereum | 0xc9...7f Copied! |
| rss3-vsl | 0x42...42Copied! |
Social
RSS3 enhances interoperability among open social platforms, acting as an open social indexer that supports various social protocols. Unlike centralized data systems, decentralized data systems distribute data across autonomous nodes and platforms, offering increased security and transparency. The RSS3 Network, also known as the Open Information Layer, provides extensive open information and streamlines data processing.
Search
RSS3 enhances Open Web search functions, simplifying the development of search engines, cross-blockchain explorers, and activity feeds. It processes decentralized network data to facilitate the creation of these tools. Designed for ease of use, RSS3 allows access to on-chain and off-chain data through a single API call. Its structured data enables detailed analytics, while real-time retrieval ensures access to the latest information. RSS3 improves data interpretation on the Open Web, allowing dApps and users to access diverse activities through a single query.
AI
RSS3 integrates AI through its Mixture of Experts (MoE) architecture, which is designed to improve the reliability and execution of AI models by selecting specialized expert models for specific tasks. The platform offers on-chain AI solutions for tasks like content generation, enterprise workflow optimization, automated smart contract execution, real-time market analysis, and risk management. It also provides an AI-ready API for fine-tuning AI models and other related functions.
Tokenomics
RSS3 token
On February 12, 2022, RSS3 introduced its native utility token, RSS3, on Cooper Launch, with a total supply of 1 billion tokens to be gradually released over five years. These tokens primarily serve as a governance mechanism for the DAO. The RSS3 token oversees various aspects of the network, including global indexer and serving node elections, and regulates the maximum number of RSS3 files per serving node. It also serves as a reward system for contributors to the network's development.
Allocation
As of January 17, 2024, the allocation of RSS3 tokens is as follows:
- Development Purposes: 45% (21.6% for development, 23.4% unspecified)
- Team: 15% (4.87% currently distributed, 10.1% unspecified)
- Private Sale: 10% (6.32% currently distributed, 3.68% unspecified)
- Early Incentives: 10% (entire allocation unutilized)
- Public Sale: 5% (5% currently distributed)
- Natural Selection Labs: 5% (2.4% currently distributed, 2.6% unspecified)
- Seed Round: 4.6% (2.21% currently distributed, 2.39% unspecified)
- Airdrop: 2.4% (2.4% currently distributed)
- Liquidity: 2% (2% currently distributed)
- Advisors: 1% (1% currently distributed)
The last unlock event was scheduled for November 14, 2023, releasing 2.25% of the total supply (22.53 million RSS3 tokens). On February 14, 2024, the next unlocking event will occur, unveiling five rounds and releasing 22.53 million RSS3 tokens (constituting 2.25% of the total supply) along with $2.45 million within 27 days.
Funding
In January 2022, RSS3 was backed by Fabric Ventures as part of their $6 million seed funding round led by Coinshares Ventures, with participation from Coinbase Ventures, Dragonfly Capital, Mask Network, HashKey Group, Arweave, Dapper Labs, Avalanche Asia Star Fund, Youbi Capital, Headline VC, Formless Capital, imToken Ventures, and private investors, including Balaji Srinivasan, Jeff “Jiho” Zirlin, Miss ₿itcoin, and Scott Moore.