#SocialToken

[wecoinverse]

🚀 DEGEN: From Volatility to Victory!

Leading social token in Farcaster with strong community support, high trading volumes, and promising long-term potential.

[technewsbite]

Are you ready to revolutionize your online presence with a custom social token?

Discover the endless possibilities with our Social Token Development Platform: https://bit.ly/48fxiRP

[upsocialnet]

Social Tokens On UpSocial

With UpSocial Network, Creators can deploy Social Tokens for their community. These can be used to raise money and can be traded though DEX.

[liamjosh13]

Getting rights certain works is easy now-Social token development aids you

In addition, for being the way for people to enter the web3 & blockchain world, social tokens are those type of cryptocurrencies that can be developed by a brand, an individual, or a community. They give rights to the people who own a token to cherish them. Getting a social token development will be the right choice for spreading positivity with others who are definite fans of your work.

More; https://www.blockchainappfactory.com/social-token-development-platform

[decentralizedfarming]

DeFa means Food and Nutritional Security 🌱💚🌱💚 #defa #decentralized #urbanfarming #nft #socialtoken #foodsecurity https://www.instagram.com/p/CfOLIHsqx7Q/?igshid=NGJjMDIxMWI=

[borderlinetv]

SATOSHIS CORNER - S1E11 -

[brainmassfinance]

New tribes of the Metaverse — Community-owned economies

The gaming ecosystem is set to become more community-driven with the help of decentralized tech, empowering creators and coders.

People have talked in glowing tones about the transformative properties of blockchain since Satoshi Nakamoto launched Bitcoin (BTC) back in 2009 — books have been written, thousands of panels and presentations have complemented its prospects, costumed Bitcoin maximalists have flaunted their newfound wealth. Despite these commendations, the transformation has been slow.

However, whether the delay was due to the global COVID-19 pandemic, or just the time needed to create innovation, we are now on the cusp of change that is creating new economies and ways of human interaction. The Metaverse, with the powerful combination of game theory and blockchain, is creating tokenized incentivization in virtual worlds. Decentraland has already started to revolutionize people’s lives and interaction, and many similar platforms are being built. The Metaverse will grow to include multiple cross-chain possibilities as the virtual economy grows in importance.

NFTs and the gaming industry

GameFi, a term used to describe the burgeoning intersection between decentralized tech and the video game industry, is where the real value is being created. Nonfungible tokens (NFTs) allow players to own assets with tangible, real-world value and incentivise gamers to participate for longer periods of time, as well as allowing developers to create in-game economies which are based on the creativity and interactions of players as creators and owners.

Blockchain offers numerous advantages to GameFi:

Transparency: Making the gamification mechanisms clear, transparent and perhaps codified through a smart contract, users tend to trust more and therefore to invest more resources in terms of money and time.

Interoperability: The blockchain allows for the possibility of creating portability of virtual resources outside the limits imposed so far.

Liquidity: It is now possible to buy, sell and exchange assets outside of individual games.

Autonomous automation with smart contracts, which may enable multiple parties to interact with each other, even without human intervention.

NFTs can increase player engagement and create better gameplay experiences which, ultimately, increases the value of in-game NFTs and tokens. Players can now have agency within the games they want to play, and as to how these games evolve.

Axie Infinity came to prominence, in part, because of its social impact in keeping families out of poverty during the pandemic, and its player-created “scholar” program, which encourages community development, is growing fast. It's now a multi-billion-dollar, player-controlled game ecosystem.

BlackPool is another example of an early decentralized autonomous organisation (DAO) built for NFT gaming and trading. This platform is very much community-driven; it combines a passion for gaming and art with data analytics and machine learning to provide returns for users. BlackPool has also deployed Axie-like scholarship programs, opening up new income streams for the excluded. Blockchain enables participation, voting rights and monetization within an economy. It is also possible through interoperability to foresee the creation of networks of online communities, with exchanges and interactions among them.

Community first

The big story here is that we are seeing a move from “corporation first” to “community first.” The community forms around an idea or interest through engagement and collaboration with the community, and concepts emerge out of the community. It’s “community first” and “community fast!”

These communities are decentralized and community-governed — designs can be put to vote, and the artwork with the highest number of votes from the community can ultimately get accepted for the final design. Every time someone mints an NFT, the artists who worked on the asset earn royalties from it for each transaction. This will open up unexplored terrains of monetizing creative knowledge and skills. ‍

The create-to-earn model allows creators to take complete control of the game studios and directly participate in developing the game. This provides the community the opportunity to make in-game assets, create NFTs and sell them on secondary marketplaces. This is a powerful new creator economy that is emerging, in which players and coders can liberate their ideas, improve the in-game experience and monetize their intellectual capital. This makes the gaming ecosystem more community-driven, with content creators getting incentivized to enhance the overall playing experience. Anyone with basic coding skills can contribute to the game.

This will also drive new social networks to emerge between creators and fans. The attention economy will be replaced through social tokens in the Metaverse to bring a new immersive fan-run economy. Social tokens based around a brand, community or influencer will allow communities or celebrities to further monetize themselves. They will create bi-directional relationships between creators and consumers, with benefits on both sides. These Web 3.0 communities are collaborating, evangelizing and creating tribal network effects, all helping each other drive the value of their platform.

Digital communities are forming networks through token economies. The more players use or promote the community, the stronger the game and underlying blockchain become. The players are the stakeholders.

This creates the data infrastructure to enable a harmonized, interconnected Metaverse that further enables tokenized NFTs to include digital data rights, and to store, track and enforce those data rights. We are still in the early days of this transformation, and the future is in the hands of innovators and creators, and the community who support them. These communities are the new tribes of the Metaverse, and the only limit to what is possible is your imagination!

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

[surveycircle]

Tweeted

Participants needed for online survey! Topic: "The Community's Acceptance of Social Tokens" https://t.co/wNcd5ymHKe via @SurveyCircle #web3 #CreatorEconomy #tokenization #SocialTokens #Web3Readiness #token #survey #surveycircle https://t.co/4epYaOo9UI

— Daily Research @SurveyCircle (@daily_research) Aug 22, 2022

[newforum]

✨ new episode just dropped 🔮✨ Jay joins us to discuss ownership and collaboration in the context of social tokens, how it gives creators freedom to collaborate on various projects and what the balance between a physical and digital web3 could look like in the future✨ Learn more about Jay’s journey here and listen to the audio version of the episode!✨

[upsocialnet]

Social Tokens will let celebrities and followers connect with one another in a way that was not possible previously.

Did you know, UpSocial Network https://upsocial.network/ has a social tokens platform where you can interact and connect with your favourite celebs and social media influencers in an immersive way....

[liamjosh13]

Why is Social token development important?

As a leading Social Token Platform Development Company, they offer enterprise-grade Social Token Development services and support the hassle-free launch of your social token. You can make the users feel as if they are part of your community, at least by owning them.

What is set to be a social token?

Social tokens, which are ERC-20-based tokens, enable users to digitally represent their services. The user will bill for their service in the tokens that they use to represent it. These tokens are frequently traded in the liquidity pool. It is common practice for creators to publish their ads on websites like YouTube or other websites that charge 10-20% of the revenue as a fee with restrictions.

With the help of this social token, artists like musicians, painters, and writers can produce their own tokens and give them to users. This enables users to access restricted content without having to pay a fee or adhere to any requirements.

With the functions known, there is something for everyone, and it is its benefits. Let’s look at the benefits of a social token.

The exclusive benefits of a Social Token

The social token cycle is taking off for you and your business.

     * Digital representation makes market opportunities easier.**

     * Lower intermediates are your own social tokens.

     * It eliminates third-party commission and transaction fees.

     * This increases the value of your circulating digital currency

     * It engages in the community

Conclusion

Their in-depth understanding of blockchain technology and token development will help you carefully plan the token development platform for your community to ensure a steady income stream despite the volatility of the crypto market. Get your Social token development made easy with a company of your choice.

[decentralizedfarming]

Food Security for all ! 💚🌱 #decentralized #farming #defa #nft #socialtoken #defi #organicagriculture #foodsecurity

[upsocialnet]

How many of you are aware of Social Tokens?

Did you know, UpSocial Network has a social tokens platform where you can interact and connect with your favourite celebs and social media influencers in an immersive way....

[upsocialnet]

Attention : Social Media Influencers

Create your own branded tokens - no technical knowledge needed!

Its super easy with UpSocial Network

For an influencer, no Social Tokens means losing money💸 on the table, with that missing out on the revolution which has begun.

➡️ The truth is if you are an Influencer, you deserve to monetize yourself on your terms and not get dictated by some brands or middlemen.

➡️ Social Token also enables your fans 🧑🏿‍🤝‍🧑🏽to interact with you and make them part of your journey.

➡️ UpSocial Network has developed a platform that helps you create Social Tokens (Without Tech Know-how) and Launch IDO to raise funds.

➡️ Want to be a part of the revolution?

✅ Send us an email📧 at hello@upsocial.network with the subject line below.

➡️"Interested in Social Token Platform of UpSocial Network"⬅️

📛Tag📛 the creators who you believe could benefit from this...

[upsocialnet]

UpSocial Network

UpSocial Network

✔ A Social media network that values its creators.

✔ A Network that's more than an amazing Social Media Platform...

✔ Rewards its Creators.

✔ IDO Platform

✔ DEX

✔ NFT Marketplace

✔ Social Tokens

For more information head over to : https://upsocial.network/