21st of April 2022 at 12:00 PM UTC Crypto Talkz hosted AMA with Relation Labs
🌟Ms. Santry – CMO of Relation Labs shared us the Details about ‘ Relation Labs ‘ and it’s Unique features… 🌟
Host:👋Hello Chat , Welcome to another exclusive Crypto Talkz AMA❤️
Today with us we have @santryh from @therelationlabs !
Hello @santryh .It’s a pleasure to have you here, thanks for joining us 🙂
Santry : Hello~Dear guys~
Host : Welcome here ma’am! How is your day going so far?
Santry : An Amazing Day
Host : That’s great to hear !!So, without making a delay…Let’s start our AMA with basic Introduction Segment 🙂
First, Can you make a brief introduction about yourself and the Relation?
Hello everyone, I’m very pleased to be part of this AMA. I‘m Santry, the CMO of Relation. I am responsible for Relation’s brand and operational coordination globally.
I joined the blockchain industry in 2017. Relation has a team of 20, located in Singapore, the United States, and other places, most of them are developers.
Relation’s long-term positioning is committed to being a social graph data value explorer on Web3. Our vision is to provide the most powerful and wealthy social relationship graph for the global multi-chain ecosystem and jointly explore a new paradigm of people and organizations, relationships and behaviors on Web3.
Based on the underlying protocol of Dfinity, we have launched Relation One, a social DApp to help users build social graph networks on Web3. We have also built the Relation Link Tool Suite to enable developers to quickly access and index Web3 social graph data. And become the next-generation social infrastructure for Web3.
Can you tell us more about Relation and how it differentiates from other projects?
Sure~There are several differences between us and other projects, as follows：
From our vision, “People are the sum of social relationships.” One of the important features of the evolution from Web2 to Web3 is strengthening privacy, emphasizing macro-behaviors and relationships. Relation starts with relationship data as the key.
We think it captures the essence of the Web3 social networks at the mindset level and can promote evolution well. Relation orients to the entire Web3 ecosystem in terms of products, not restricted to a single blockchain or a single address.
Relation is people-oriented and focuses on the people behind addresses and the relationship between people. The finally established Global Social Relation Graph orients towards the multi-chain ecosystem.
We are still exploring other public chain underlying protocols. Our goal is to expand the Web3 social graph data towards a multi-chain ecosystem, which we will currently do through a unified user login to a multi-chain wallet.
We have already opened up Metamask, Internet Identity, and Polkadot support. We will open up more wallet login portals in the future.
Technically, Relation has implemented a graph database in Rust language that can run on WASM. Based on the graph database to organize relational data, Relation builds a Global Social Relation Graph and provides services for users and DApps.
In terms of business model, Relation takes advantage of the portability of social relationship data to empower a new generation of DApps such as GameFi, DID, and NFT marketplaces. It allows DApps to focus on business logic and enhance social attributes at a lower cost.
At the same time, Relation provides higher-order data services such as N-degree relationship recommendation, data mining, and business intelligence based on Web3 social graph data, bringing business model upgrades to DApps, including DeFi.
Tell us, What are some of the major milestone’s you guys have hit so far and why are they important?
At the beginning of April we upgraded the branding of our official website, we plan to listen to user feedback on the product and continue to optimize the experience.
We will release a mature economic model and a data atom trading model in the second half of this year. These will allow users’ authorized data to be earned and freely traded on the marketplace.
By 2023, we expect to complete the Global Social Relation Graph, begin advanced analysis of AI intelligent data, and support native social relationship data for the Metaverse. Our ultimate goal is to become the next generation of Web3 social graph infrastructure.
May I ask at this point, do you already have some partnerships lined up?
We are currently supported by Dfinity Official and Huobi Incubator. We already successfully joined IC Bootcamp as one of the participating teams with strategic support from Huobi Incubator.
Next, we participate in Huobi Incubator’s Demo Day and conduct more overseas community events to increase the awareness of Relation’s brand globally.
As we are a multi-chain development project, we will also actively participate in the public chain ecosystem activities such as Polkadot and Arweave.
In January of this year, Relation completed a seed round of funding at a valuation of US$20 million, it has successfully secured capital backing from Hashkey Capital, SNZ, Signum Capital, and others.
We are already working with Crust and PNS and will be reaching out to project parties in the IC ecosystem, including CCC, Hashmix, and others. Suffice to say, our focus this year is on expanding our brand influence and building stronger alliances.
And lastly, We seen that Relation has recently formed a strategic partnership with Huobi Incubator, what is the thinking behind this?
We all know that on-chain data is like a gold mine; the more applications there are, the more data there is and the bigger the gold mine. So, it is clear which addresses have played which games and how much money they have spent on the chain. Which addresses have participated in YFI mining, Curve pre-mining, and NFT trading?
We can easily access the list of users’ addresses as all this on-chain data is open and transparent. As a result, on-chain data analysis platforms like Nansen and Glassnode have emerged.
However, social graph data is not easy to obtain. First, on-chain wallet addresses can generate at any time. For users, their focus perhaps limits to maintaining at most 2 or 3 different public chain wallet addresses, except for the big whales.
And private key management is a rather careful matter. It means that users are not interacting with as many wallet addresses as there is data on the chain.
Secondly, users’ relationships can not analyze purely from on-chain behavior. We must go the extra mile to develop product features to guide users to form their relationship network data on Web3.
Therefore, we use Relation One as a carrier to encourage users to associate with more real and valuable on-chain addresses and follow their on-chain friends and people with the same interests recommended by the system. Hence, such social relationship data is very valuable and scarce.
We believe that data such as social graphs is of significant importance to the blockchain industry. We hope that users’ on-chain social graph data are easily portable.
Users can walk around with their address profiles, tags, and on-chain behavior in every DApps. The value vehicle is the data center on you, and it belongs to you. And Web3 is an era that is remodeling the value of data.
Relation is at the forefront to explore the value of the Web3 social graph and its data, aiming to identify potential relations networks among native crypto-residents. Through artificial intelligence analysis of data values on the blockchain, Relation empowers Web3 application with the value social graph data will provide, serving as a major Web3 infrastructure.
With Huobi Incubator’s strong background and resources, we believe the social graph infrastructure will be better positioned for growth.
Q1. I saw on your website that you plan to launch a course through online classes for developers to help quickly learn the Relation Link toolset. How can we stay informed of these classes? Will there be any requirements to enter these classes?
It sounds like this friend is a development learner. Thank you very much for your interest. We are currently designing a developer course including the analysis of multi-chain underlying protocols, developer use cases, code practice, etc.
Eceryone can sign up via the home page of our website, and you will be notified by email when the course is up and running!
Click here to involve👏
Q2. 🌸 Commonly the Dapps and platform, take the data of its users without authorization and sell it to others, so can you explain us how do you guarantee the security of the data provided by your users? how works exactly your “DATA TO EARN” concept?
Relation hopes to bring a more friendly development experience to various developers of all
ecosystems through the infrastructure construction of the new social network paradigm and bring a more private and unbounded interactable experience to Web3 users.
Because social behavior is usually conducted in a high-frequency and low-cost way, a blockchain-structured network like Ethereum is unsuitable for deploying social DApps. Our idea is to use decentralized cloud services to deploy our systems.
In this field, IC is currently the most mature one and is most suitable for Relation at this moment in terms of performance, cost, or technical architecture.
As a lightweight plugin, Relation One provides users with Relation IDs through which users can fully own their personal data space.
Users will be able to manipulate their data storage according to their needs with operations such as inserting, deleting, and modifying data in the dedicated data storage. Furthermore, with access control and authorization mechanisms, users can decide whether a Dapp will have access to their social relations data and for how long.
Next, We will design a data marketplace where any data user or developer using a user’s authorized data will need to pay, with the profit ultimately going back to the user.
Q3. Can you tell us about the long-term vision of Relation Labs? Was Relation Labs built to dominate just to redefine data ownership, create the value of your social graph in Web3? How does Relation Labs stand out among other ecosystems with Social Infrastructure for Web3?
In short, Relation’s long-term positioning is committed to being a social graph data value explorer on Web3.
We care about the ownership of Web3’s data and want them to gain profit from the data they create rather than being monopolized by the giants. There are not many competitors currently focused on the social graph data field, and we have laid some groundwork based on the products and tools services we already have.
Future growth will not just be the efforts of our project but will require the participation of more projects and access to resources.
Q4. I see that Relation has its own social app called “Relation One”. Would you please elaborate to us the special feature and utilities within your social app? How can we be part of it? Will be there any registrations for joining?
Relation One is a social DApp built by Relation for Web3 users to easily manage their social relationship data and get friend matching and interest recommendation services.
Its built-in one-stop social features include personal profile management, on-chain identity management, P2P chat, group chat, DAO, NFT avatar display, friend invitation, private domain game rank, etc.
you could chat with your crypto friends and unlock your social graph
Everyone can invite your friends to play games
Currently, users are supported to log in quickly through wallet applications such as MetaMask, Internet Identity, and Polkadot. In the future, more wallet login portals from the public chain ecosystem will be integrated, making it easy for any crypto user to experience the social applications of Relation One.
For now, Relation Labs will subsidize a 1T Gas Fee per user to create a private data space with 0 cost interaction.
After adding a multi-chain address on Relation One, users will quickly get an exclusive Web3 personality tag. They can get accurate matching of friends on the chain and recommend services for enthusiasts with the same interests, forming a personal-centric visual Web3 social graph and quickly building a social network they know and trust in the Web3 world.
In the future, users can easily get all push notifications sent from connected DApps or NFTs, on the corresponding chains in Relation One. Users get a better engagement experience when using new DApps without creating data repeatedly.
you need to download Relation One to sign up for your account, Here is our link👉urlzs.com/ypmkN
Q5. One of the topics on your roadmap that caught my eye is the “Blackhole,” which will be the development of an AI smart machine; could you elaborate on this? Which role will Artificial Intelligence play?
As we enter the age of the black hole, we will use Relation Graph, the core underlying technology, to achieve AI intelligent analysis, mainly to analyze the social relationships between people in Web3.
We will use AI smart recommendation engines to understand the interaction habits of crypto users to predict their behavior. We can also use AI to parse key information in social data to improve the user experience.
Of course, the premise that we use for AI data analysis is that these are personal data that the user has actively authorized. No DApps, including us, can access without the user opening up their permissions. Personal data is stored securely in their data space, so there is no need to worry about data leakage.
Telegram Live Segment
You have Said that RELATION GRAPH is the Main Engine of the Project , Would You Please Tell me More about this GRAPH And What are the Crucial Role of this GRAPH in Platform ?
Thanks for much questions. The first lucky one
Relation can build social graphs because Relation Graph. It is the first graph database written in Rust and deployed on WASM and is the underlying core engine of Relation.
As the basis for the construction of Relation Social Graph, it provides graph storage, graph query, graph computation, graph analysis, and basic database technology capabilities. It will extend with technical modules for graph visualization and graph neural networks.
Using the graph database as the underlying storage engine for complex social data and providing a SPARQL query language interface, we help Web3 DApps achieve a higher-order data application paradigm and more granularly exploit the value of social relationship data.
Relation Graph is storing the authorized data of users and provides data interfaces to support data analysis and data mining in the upper layer. Relation Social Graph will synchronize after users update their authorization data and aggregate all users’ authorization data with the public data in each blockchain network.
It will eventually build an N-degree social relationship graph of users based on their on-chain behavior, asset status, and interest preferences in different blockchain networks.
Users or other DApps can quickly get the Relation Social Graph analysis results without complicated calculations when they make deep queries. All these operations, which were not possible on the native blockchain, became a reality with the technical support of Relation Graph.
We currently provide enriched data analysis modules based on the underlying graph database, including N-degree relationship recommendations, content subscription push, etc. We will subsequently support higher-order behavioral trend prediction, business intelligence, AI, and other data services.
I see that You are Providing 4 GB of Space to Users,
As It is not enough,
What are You doing to Expand it?
Thanks for your questions. We create a personal data space for each user, supported by our official subsidized gas fee. The 8g storage can be used for more than one year without paying unless you have a lot of personal data. We will remove the subsidy in the future, and users will have to top up if they run out of data space. Of course, by that time, our economic model will have already started, and users will be able to license data to generate revenue to cover the cost of storage.
As a beginner and not familiar with #Relation, can you simply explain how this platform works? What are the features of your platform? And can you show us a few steps on how we can use #RelationOne?
We hope that those interested in Relation One will read our user manual, which explains our products’ features and operations in great detail, including many questions that users may have during the process. We’ve covered everything.
Features including as below
Bind your on-chain addresses to unlock your social graph
After binding your on-chain addresses, the system will recommend to you potential 1st, 2nd, or deeper connections based on your on-chain data, if the addresses in question have real on-chain interactions. You can also search for your friends’ on-chain addresses or Relation IDs to add and follow them. The more friends you follow, the more complete your Web3 social relations network will be.
P2P instant messaging and group chat
You can chat with your friends after following them using instant messaging. And you can also bring together your crypto friends in the Web3 space by creating a group chat so that you can participate in discussions like the price fluctuation of cryptos or the future of Web3.
Load your on-chain NFT avatar automatically
If the on-chain addresses bound with Relation One contain NFTs, they will be loaded automatically when you add your Relation avatar, so that you can conveniently show the NFTs to your friends. In addition, the system also applies cool markers on your NFT avatar to remind people that you own something amazing.
Create DAO groups in no time: community governance for everyone.
With little effort, you can create DAOs for various purposes and invite like-minded friends to participate in community governance. The members of a DAO group can create internal proposals and vote on them.
Invite your friends to play games and compete for a better spot on the ranking board
Currently, Relation One has integrated several fun games, which you can play together with your friends through invitation and check out their scores on the ranking board. We are considering adding more games to entertain the community in the future.
At last, The manual will continue to be improved as we continue to add features to the product, and we always ensure that our users have access to a good learning vehicle to grow with us.
Can You Please Tell Us In Brief About the Following Components of the Platform:
I’ll answer a bit more in this section. Just to clarify, due to our previous brand upgrade, our four components have been officially renamed Relation One， Relation Link， Relation Graph, and Relation Dashboard.
Our core products are the Relation One DApps and the Relation Link and Relation Dashboard. Relation Graph is the underlying engine that powers all of our products, and Relation Dashboard is the API that we will open up to developers next.
I have just introduced Relation One and will focus on Relation Link.
Relation Link Tool Suite includes Graph access query API, Relation Dashboard API, modular social functionality components, and multi-chain smart contract wallet solutions.
It’s open-source, Easy-integration, and Efficient. Relation provides development scaffolding that is easy to develop, test, and deploy for developers. No developer is required to understand the underlying protocols, and contracts can be deployed efficiently with the help of our front-end templates, enabling low-code development.
We also explore diverse Web3 track DApps and tap into potential usage scenarios. For example, DID will acquire valuable on-chain users after linking the Relation Graph to co-construct a pervasive Web3 reputation system based on their social relationship data.
Likes Axie, Project parties such as this GameFi can invite friends to join the GameFi by integrating our social function components, such as chatting, buying NFT directly with the holder online, etc.
Or even a SocialFi project can start a business quickly by adopting the open-source Relation One use case, without the high cost, leaving them more time and energy to focus on their business logic to better serve their users.
So this is our Relation Link Tool Suite👏
I am interested to investigation in your project. When and where can i buy your tokens? Is it already listed exchanges?
Sir please answer the Question 👆👆
I’m sure this must be the most important topic for Crypto Talkz friends.
We have not yet issued a token, and given the different policy risks in each country, we will prioritize funding through institutions and may not do individual pre-sales. Of course, future users will be able to buy through exchanges after we List. However, we do have rewards for early adopters of Relation.
And We are issuing medals to the community as an incentive for early contributors, which are currently earned by participating in official events or completing specific tasks in Relation One. We encourage users to collect as many medals as possible, as in the next phase, we will be releasing NFTs. Users will be allowed to integrate rare NFTs through medals, and in the future, we may have a token drop program for those who support us.
Host : Thanks for diving us deeper unto Relation. Chat thanks also for those great questions.
Its time for Wrapping Up, any other things you want to share with the communities? @santryh 🙂
Santry H: I just wanna say thank you very much to @PrincessJoy_V2 and the CryptoTalkz friends.
Due to time concerns, if you have any more questions, welcome to come and talk to us on our different channels on Discord https://discord.gg/Mm6Eheae
Finally, thank you for your full support! We hope you will continue to follow us and that we will have more surprises for you in the future.
📌 Here below are links for you to get the latest update about Relation