Solcial (SLCL) offers a decentralized social network on the Solana blockchain, empowering users with personalized tokens, fair content monetization, and community-driven governance. More
Fully Diluted Valuation | $34,702 |
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24H Trading Volume | $16 |
24H Low / High | $0.00003470000000000001 / $ 0.00003471 |
Circulating Supply | 999.67M |
Total Supply | 1.00B |
Max Supply | 1.00B |
Categories | Alameda Research Portfolio 3 more |
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Founder | Idris |
Website | solcial.io Whitepaper |
Socials | 1 more |
Chains | Solana Ecosystem |
Explorer | Solscan 2 more |
Contracts |
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Name | Pair | OG Score |
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Empowering Voices and Monetizing Social Capital: Solcial Revolutionizes Social Networking on the Solana Blockchain
In a world where censorship and content control have become increasingly prevalent on traditional social media platforms, Solcial emerges as a beacon of decentralization and freedom of expression on the Solana blockchain. Solcial, a permissionless social network, is redefining the landscape by providing users with a platform to share content in a fully decentralized and permissionless manner, all while rewarding creators fairly at market value.
The "Invest-for-Subscription" Model: Personalized Tokens and Direct Engagement
The heart of Solcial lies in its innovative "invest-for-subscription" model, where users are not only followers but investors in the content creators they admire. Each user on Solcial is equipped with their own token, setting the stage for a unique and personalized social market cap. Upon sign-up, users are minted with 1 million coins, representing their stake in the decentralized social ecosystem.
Unlocking Tiers of Engagement: A New Dimension in User-Creator Interaction
To unlock additional features and delve into the private realms of a creator's content, users can subscribe at different tiers. Tier 1 allows free access to public content, akin to platforms like Twitter or Instagram. For deeper engagement, Tier 2 requires ownership of a specified number of the creator's tokens, while Tier 3 involves both token ownership and a monthly fee. This "invest-to-subscribe" approach not only fosters a direct connection between creators and their audience but also transforms users into stakeholders in the success of their favorite content creators.
SLCL Token: Empowering Governance, Trading, and Transactions
At the heart of Solcial is its native utility token, SLCL, which serves multiple purposes within the platform. SLCL functions as a governance token, empowering users to participate in on-chain voting through the decentralized autonomous organization (DAO) for shaping the platform's future. Additionally, SLCL provides users with trading fee discounts and serves as the primary currency for buying the tokens of fellow Solcial users.
Decentralization and Resilience: Safeguarding User Content on Solana Blockchain
The Solcial platform is designed with a commitment to decentralization, storing user content on IPFS (InterPlanetary File System) and leveraging a peer-to-peer layer to access data. This ensures that Solcial remains resilient against censorship, with all token-related operations executed securely on the Solana blockchain.
Community Governance and Ethical Standards: Moderation and Responsibility
While promoting freedom of speech, Solcial emphasizes community governance. Any SLCL token holder has the right to participate in decision-making processes, underscoring the platform's commitment to inclusivity and shared responsibility. However, certain illegal content, such as child pornography, hate speech, or terrorism-related posts, will be moderated by the community to maintain ethical standards.
Visionary Leadership and Global Impact: Solcial's Mission in the Digital Frontier
Founded in 2021 by the pseudonymous founder "Idris," Solcial has a clear mission and vision. The platform aims to create a more open and inclusive social network that empowers individuals to voice their opinions without fear of government interference or bans. Furthermore, Solcial seeks to contribute to global economic prosperity by enabling users to unlock growth through the transformative potential of cryptocurrency, allowing them to monetize their social capital and become digital entrepreneurs.
A New Era of Social Networking: Solcial as a Transformative Force in the Digital Landscape
In essence, Solcial stands as a testament to the transformative power of blockchain technology, ushering in a new era of social networking where users are not just participants but active stakeholders in a decentralized and fair ecosystem.
Solcial introduces a groundbreaking "invest-for-subscription" model, allowing users to be both followers and investors in content creators through personalized tokens. This innovative approach transforms social networking into a decentralized, permissionless ecosystem on the Solana blockchain.
Solcial was founded in 2021 by the pseudonymous entrepreneur known as "Idris," who envisioned a social network promoting freedom of speech and economic prosperity through the transformative potential of cryptocurrency.
You can buy Solcial (SLCL) on Raydium cryptocurrency exchanges.
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