Hong Kong, Hong Kong, 21 July 2024, Chainwire
SoMon, a decentralized Web3 discussion board with a imaginative and prescient to create an area for user-owned content material and connection, just lately launched its utility on Base and has already acquired greater than 300,000 transactions on-chain inside 14 days of its launch, making it probably the most energetic and quickest rising social utility in of the Web3 area.
SoMon, brief for Social Monster, permits customers to monetize and create communities (Tribes) round their favourite subjects, passions, creators, and fandoms. It’s the first utility constructed on the OpenSocial Protocol, a collapsible infrastructure layer for constructing social purposes, and likewise the primary Web3 social utility to be really gas-free, permitting it to decrease the barrier to entry and combine customers exterior of the crypto group.
After launching its cellular app on June 19, 2024, a couple of month in the past, it garnered greater than 30,000 on-chain signups in simply two weeks. Right this moment, the group is rising quickly, with greater than 2 million social actions amongst greater than 300 completely different tribes (communities) and its greater than 80,000 customers.
“Crypto is about group, however as an alternative of making communities for customers, we wish communities to be created by customers. SoMon is a user-managed area the place folks can join with one another whereas taking management and reaping the advantages of their very own social success,” he mentioned Sean Tao, CEO and co-founder of SoMon.
SoMon customers began minting their very own tribes utilizing varied instruments and fragmented possession powered by NFT know-how after the brand new characteristic was launched on July 17, 2024. Customers create content material and the platform is monetized utilizing a software known as “Megaphone” that enables customers to pay for promotional visibility, with income redistributed to tribe house owners and stakeholders.
SoMon is presently in its first season, which ends on July 31, 2024. On this season, customers compete to earn factors by interactions and earn badges by climbing varied leagues. On the finish of the season, SoMon will formally launch its group token $OwO, which might be transferred to the group on the finish of the primary season, with the primary airdrop releasing 3% of its complete provide on August 1, 2024, and 1% of its complete provide for subsequent seasons.
Over the approaching seasons, SoMon goals to activate the group economic system by the Tribe Summer season marketing campaign for customers to create and have interaction with their group with out bots.
About SoMon
Social Monster (SoMon) is an open subject discussion board for Web3 social purposes utilizing the OpenSocial Protocol. It serves as an area the place customers can create vibrant and interesting communities (Tribes) centered round their passions and fandoms. SoMon ensures that tribes, content material and social contacts are totally owned by customers.
Contact
Public relations supervisor
Kelvin Yeo Jun Hao
Everest Ventures Group
(e-mail protected)
