As Elon Musk prepares for delivery The Twitter CEO position to Linda Yaccarino, Meta Platforms Inc. META is reportedly planning to launch a decentralized text-based social network this summer.
What happened: Social media commentator Matt Navarre took to Twitter and shared new details about it Meta’s highly anticipated decentralized social network codenamed “P92,” which could allow creators and public figures to share text-based updates.
See also: Zuckerberg and former Facebook directors back at odds over Cambridge Analytica scandal
According to Navarra, Meta’s text-based app could launch in the summer of 2023. The tech giant is in the process of reaching out to high-profile influencers and celebrities to become early adopters of its upcoming app and give them a chance to test it ahead of public release.
Navarra added that the new decentralized network will function as a standalone app, but will be integrated with it Instagram.
Put simply, users may keep their Instagram account on the new platform and their followers will receive a notification to follow them on the decentralized app – a neat trick to quickly build followers on P92.
What we know so far: March, Reports started spreading this meta considered creating its own Twitter alternative to capitalize on growing user dissatisfaction.
The Facebook The parent company later confirmed that it was exploring the possibility of creating a separate decentralized social network – initially codenamed “P92”. Since then, however, rumors have been circulating that Meta’s project will be promoted under the name ‘Barcelona’.
According to app researchers Alessandro PaluzziEach thread can have a maximum of 100 posts in the new standalone app, with each post having a 500 character limit. However, these figures are subject to change before the official release.
Why it matters: Musk previously poked fun at the Meta CEO Mark Zuckerberg for thinking about starting a twitter rival and calling it a…
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