In recent years, a large number of SocialFi Web3 social applications have sprung up, but so far, there is still no phenomenon-level Web3 social application with a large number of users, and even the main social media of a large number of SocialFi project parties is still Twitter , Telegram and other traditional web2 social applications.
The superficial reason for this situation is that these Web3 social applications do not have many real users and product needs. At present, Web2 social software has been able to meet the daily social needs of users after years of development, and most users do not pay attention to their social privacy. Or whether the application itself is decentralized. But the more fundamental reason is that the current social needs of a large number of Web3 users only pay attention to information related to their own benefits, such as the development status of their investment projects, new investment opportunities, and the white list of new projects.
Based on the above market status, a Web3 social software Chirp was born to help users master the wealth password to obtain higher returns. Chirp is embedded with the Kol token recommendation platform ShillingSpace (hereinafter referred to as SS) and the users new platform Nestr. Through these three platforms, Chirp has fully integrated investors, Kol and project parties.
First, let’s introduce Chirp’s traffic portal SS. The demand for SS is based on our discovery that there are some “elite” retail investors in the market. These investors often predict market trends more accurately based on their own knowledge and experience. However, these investors At present, there is no suitable platform that can make profits by publishing news. At the same time, most herd investors also need this information and are willing to pay for this information. However, there is currently no platform that can clearly help this type of investment The readers can tell which KOLs recommendations are accurate.
Therefore, in SS, any user can log in to SS through the wallet and publish predictions on any token in SS, including the token contract address and the duration and reason of bullish and bearish, because these data are published on the chain, Therefore, KOL cannot change such content without authorization, which ensures the authenticity of KOL performance. At the same time, SS will automatically record the token price and current price when the wallet address is released by the user, so that the user can clearly see the recommended rate of return and accuracy of the KOL. KOLs can make profits by selling NFTs of their own communities. Only users who have purchased community NFTs can see the predictions of the KOL and join the community.
SS itself does not have the functions of chatting and building communities, so all KOL communities will be built on Chirp, and Chirp will also import the first wave of traffic. Currently, SS has more than 50 00 active user addresses, and the platform At present, a group of native Kols with good performance have appeared and have won the subscription and attention of users. Whenever they release new content, chirp will also let users grasp the wealth password in the form of app push.
The function of Chirp is mainly to provide a chat platform for users and KOL and provide data support for the new platform Nestr. The platform calculates the users Chirp based on the users social behavior (including the quality and activity of the users KOL news in Chirp) and wallet value (including the users wallet history Gas consumption, asset value, creation time, etc.) social points. And this social score will be directly linked to the users new qualifications in Nestr. Users with high social scores will be more likely to obtain the Nestr whitelist. Compared with the traditional two ways to obtain the whitelist for new platforms, doing tasks or pledging platform coins, this method will prevent robots from swiping tasks and reduce user pledges The risk of the platform currency itself enhances the fairness of the whitelist and the friendliness to users with less funds.
Nestrs renewal mechanism is also very different from traditional renewal platforms. Nestr will judge whether a user is eligible to purchase a renewal based on the users social score in Chirp. This whitelist will be automatically bound to a functional NFT, which has the Qualified users will be able to mint an NFT on-chain for free. This NFT can be traded in the secondary market at any time. For example, if a user is not optimistic about the future development of GameFi, but has obtained a new qualification for a GameFi project, then the user can choose to sell this purchase qualification NFT in the secondary market , while earning profits by yourself, transfer the purchase qualification of this project to users who are optimistic about the future development of GameFi. Different projects have different NFT purchase prices according to their quality. At the same time, after the project reaches the purchase stage, if the user who holds the NFT chooses to purchase the token, the metadata of the NFT will also change, and it will be displayed on the front end that the user has obtained the token receiving qualification of the project , so the NFT price will also change accordingly. At the same time, if the tokens of the project are unlocked multiple times, the metadata of the NFT will change after each unlock, and users can clearly see the remaining value of the NFT from the front end.
In general, Chirp is a social tool developed based on existing Web3 users. Users can obtain KOL recommendations and new project investment opportunities through Chirp. KOLs can also use SS to publish their opinions to realize their abilities and contribute to Chirp imports traffic, and the project party can use Nestr to obtain a large number of real whitelist users to form a closed loop of Chirp, SS, and Nestr. SS and Nestr will also become the engines of Chirp, helping Chirp eventually become a Web3 social platform with many real Web3 users and high activity.
