SoMon Becomes the Fastest-Growing Social App Sees 300,000 Transactions in Two Weeks
SoMon, a decentralized Web3 forum, has emerged as the hottest name in social networking.
Launched just a month ago,the app has already garnered over 300,000 on-chain transactions, solidifying its position as the most active and fastest-growing social app in the Web3 space.
SoMon empowers users by allowing them to create and monetize communities (Tribes) centered around their passions.
Built on the OpenSocial Protocol, it boasts a unique “gasless” feature, making the platform accessible to users beyond the cryptocurrency community.
“We want communities built by users, not for them,” says Sean Tao, CEO & Co-Founder of SoMon.
This user-centric approach has fostered a thriving community with over 2 million social engagements across 300+ Tribes and 80,000+ users.
Further innovating with NFTs, SoMon allows users to “mint” their own Tribes with fragmented ownership.
Content creation is incentivized through a “Megaphone” tool for promoting content, with revenue distributed back to Tribe owners.
The platform is currently in its first season, culminating on July 31st. Users are engaged through a gamified system where interactions earn points and badges.
The season concludes with the official launch of SoMon’s community token, $OwO,with airdrops scheduled throughout August.
For more Web3 news, check out the XGA newsfeed.
Institutional Interest in Bitcoin ETFs Surges as Market Dynamics Shift Institutional interest in Bitcoin (BTC)…
MIMOS Berhad Partners with Worldcoin Foundation and MyEG MIMOS Berhad, the applied research and development…
Manchester City and OKX Launch ‘Unseen City: Echoes of Blue’ Virtual Escape Room Manchester City…
Donald Trump Jr. Announces Plans to Launch DeFi Platform to Address Banking Inequality Donald Trump…