Liquid Stake with compassSOL for an 8.82% APY from staking, MEV + fees

Enjoy the freedom of liquid staking in Solana Defi while delegating your stake to the high performance Solana Compass validator. Stake or unstake at any time here, or with a Jupiter swap.

Benefit from our high staking returns and over 2 years experience operating a Solana validator, and receive additional yield from priority fees + MEV tips

Earn 7.1% APY staking with Solana Compass

Help decentralize and secure the Solana network delegating your stake to us and earn an impressive 7.1% APY yield on your SOL, while supporting us to create new guides and tools. Learn more

Stake your SOL

  1. Click to connect your wallet
  2. Enter the amount you wish to stake
  3. Kick back and enjoy your returns
  4. Unstake from your wallet or our staking dashboard

Earn 7.1% APY staking with Solana Compass

Help decentralize and secure the Solana network delegating your stake to us and earn an impressive 7.1% APY yield on your SOL, while supporting us to create new guides and tools.

Learn more

Breakpoint 2023: How Collectibles Will Power a More Expressive Internet

Published on 2023-11-09

Dialect introduces meme holster and advances in collectible chat stickers, leveraging blockchain tech for a more expressive and economical internet experience.

The notes below are AI generated and may not be 100% accurate. Watch the video to be sure!

Summary

At the Breakpoint 2023 conference, Chris Osborn, the founder and CEO of Dialect, outlined how blockchain technology is set to revolutionize online communities through shared culture and increased expressiveness. Dialect's mobile-first messaging platform harnesses the power of Web3 to allow for unique experiences such as collectible chat stickers and a new feature called the 'meme holster'. Osborn elaborated on how this integration creates a seamless and cost-effective user experience, thanks to Solana's state compression technology. The advancements presented at Breakpoint 2023 aim to tackle contemporary challenges of internet expression and community engagement in these digital spheres.

Key Points: Dialect's Collectible Chat Stickers

The Adoption and Impact of Collectible Chat Stickers

Dialect has created a new avenue for digital expression through collectible chat stickers, which double as NFTs, allowing users to own and trade them within the platform. Artists from the Solana ecosystem contribute animated and expressive artwork to be collected in packs, reminiscent of traditional trading card experiences. These stickers can be directly traded in messages, providing a unique collector's experience on mobile devices.

Integration with Web3 and Blockchain

Built on the principles of Web3, Dialect's messaging platform integrates smart messages, an extension of the Solana Pay protocol, which facilitate instant actions such as token transactions and sticker trades entirely within the chat interface. This approach unleashes a bevy of blockchain-powered features while promoting an open protocol that other developers can extend upon.

Facts + Figures

  • Dialect was launched in January as a mobile-first take on Web3 messaging.
  • The app is available on iOS, Google Play, and especially optimized for the Solana mobile platform.
  • Hundreds of thousands of downloads and over 2 million messages have been sent via Dialect.
  • Collectible chat stickers are offered in foil packs, with a diversity of rarity levels.
  • Over 100 artists have released sticker collections with Dialect.
  • Users have minted over 2 million stickers, with no transaction or infrastructure costs, thanks to Solana’s state compression technology.
  • Solana's advanced blockchain capabilities are credited for enabling these innovative experiences.

Top Quotes

  • "We believe that blockchain is going to eat the internet and revolutionize how communities form online."
  • "These are like sports trading cards, Pokemon cards... some of the coolest things that we've had since we were kids."
  • "Smart messages...represent the promise of Web3, composability, interoperability, and everything that's only possible in this new kind of internet."
  • "Our users have paid $0 in infrastructure costs to mint millions of NFTs."
  • "Memes and stickers are the highest form of expression on the internet."
  • "Speed is the soul of wit."
  • "[Blockchain can] 10x that evolution with collectability, community, remixing, personalization, provenance, and ownership."

Questions Answered

What is Dialect’s new feature?

Dialect introduced the 'meme holster', a tool allowing users to quickly access and share their memes and stickers across various platforms. This feature enhances the speed and ease with which users can communicate using visual content, directly competing with the reductive nature of text-based chat.

Why are collectible chat stickers significant?

Collectible chat stickers represent a new form of digital ownership and expressiveness on the internet. They allow users to engage with and support artists within their communities and provide a fun, interactive way to communicate that harks back to the excitement of collecting physical trading cards.

How does this integrate with blockchain technology?

Dialect's platform employs blockchain technology to authenticate ownership and enable the trading of collectible stickers. It also uses smart messages that allow users to perform Web3 actions like transactions directly within the chat, all powered by the Solana Pay protocol.

What problem do these advancements address?

These developments address the issue of expression limitation within digital communication. By integrating memes, GIFs, and stickers with blockchain technology, Dialect aims to make shared community languages more accessible and expressive.

How are the infrastructure costs covered for users?

Through the use of Solana's state compression technology, Dialect is able to cover 100% of the infrastructure costs for its users. This allows them to mint NFTs without incurring any transaction fees, making the platform more user-friendly, especially for non-crypto natives.

Related Content

Breakpoint 2023: The Investor Nation

Mongolian entrepreneur shares a vision for transforming Mongolia's economy through blockchain technology

Breakpoint 2023: Open Source Endeavors on Solana

Explore the significance of open-source development and its impact on the Solana blockchain ecosystem, as discussed by Rex from Magic Eden.

Breakpoint 2023: Check the Chain Bro

George Harrap discusses vital metrics and developments in the blockchain space, emphasizing decentralization and ecosystem growth.

Breakpoint 2023: Buddy Link: The Future of Web3 Engagement

BuddyLink introduces a new dimension of Web3 user engagement and business marketing tools.

Breakpoint 2023: How Solana Empowers Consumer Data Sovereignty

Hugh Rhodes of Friday discusses how Solana blockchain can reshape consumer data control and privacy.

Breakpoint 2023: Building Blocks of a Regenerative Economy

An insightful discussion on blockchain's role in establishing a regenerative economy.

Breakpoint 2023: Social Media on Solana

An in-depth look at the evolving landscape of social media on the Solana blockchain from the perspectives of key industry players.

Retaining the Next Billion Users with Phantom at Breakpoint 2023

Phantom's latest initiatives to boost crypto user retention and smooth the user experience.

Breakpoint 2023: Removing the Risk from DeFi

Former CEO of Amulet addresses the risks in DeFi and proposes a solution inspired by successful FinTech models.

Breakpoint 2023: Sooner™ Climate Challenges and Opportunities of Blockchain

An exploration of climate challenges and potential roles of blockchain technology for a sustainable future.

Breakpoint 2023: ZK on Solana: Private Solana Programs

An exploration of zero-knowledge proofs for enhanced privacy on the Solana blockchain.

Breakpoint 2023: RWA and Banking

Jeremy Vaughn introduces Solstice, Aegis’s blockchain solution for modernizing core banking systems and integrating real-world assets.

Breakpoint 2023: Security Considerations from RPC Providers

Exploring the critical security considerations for RPC providers in Web3 infrastructure.

Breakpoint 2023: A World in a Grain of Sand: State Compression on Solana

Exploring the possibilities of blockchain scalability with state compression technology on Solana.

Breakpoint 2023: Bonds Can Be Interesting, Too

Introducing stable bonds on the blockchain, fostering growth and stability in the DeFi ecosystem.