USA: Facebook's parent company Meta confirmed it is developing a text-based, decentralized social networking service in an email to tech publication Platformer on Thursday.

The app's codename, P92, signals a radical departure from the company's Metaverse project.

A Meta representative told the platform that the company is "exploring a standalone decentralized social network for sharing text updates." The project will be "a separate space where creators and public figures can share timely updates about their interests."

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The P92 will operate on the ActivityPub protocol used by Mastodon, a Twitter rival that has been praised by tech influencers and upset by adjustments new CEO Elon Musk has made to that platform.

According to an insider who spoke to finance blog MoneyControl, P92 could allow users to follow and view content on other servers in addition to broadcasting posts to individuals on other servers, like Mastodon does.

Other features that are likely to be present include links to content previews, usernames and bios, verification badges, shareable photos and videos, followers and likes – all for users of Mastodon as well as Twitter and its many clones. are common.

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The source indicated that messaging and commentary may not be included in the initial release of the product but will be added later.

Users will log in using their Instagram credentials, and P92 will use all of Instagram's data, including those of users who haven't joined the new network, "for the purposes of analytics, product improvement and ranking, According to sources spoke to Moneycontrol.

As groups operating on different servers could theoretically adopt different moderation policies, decentralized platforms are championed by some, including Twitter founder Jack Dorsey, whose decentralized competitor BlueSky launched in beta last week. Was.

The new network will use Instagram's privacy settings, but it is unknown whether it will also use that platform's limited content policies.

The text-based P92 is quite different from the Metaverse project after which it got its name. Some of the virtual "worlds" of the Metaverse, which were released in 2021, reportedly have daily active user populations in the low double digits.

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Young users have been moving away from Facebook and away from services like Instagram and TikTok for years.