• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

About SoMon - Web3 Community Platform

user avatar

by Giorgi Kostiuk

a year ago


About SoMon - Web3 Community Platform

Introduction

SoMon, also known as Social Monster, emerges as a decentralized Web3 forum striving to pave the way for user-centric content creation and community development. With the recent launch of its app on Base, SoMon has witnessed a surge in on-chain transactions, surpassing 300,000 within just a fortnight, solidifying its position as a rapidly growing Web3 social platform.

Platform Overview

SoMon, derived from 'Social Monster,' empowers users to monetize their interests by forming unique communities, known as Tribes, around diverse subjects, creators, and fandoms. It prides itself as the inaugural app built on the OpenSocial Protocol, a versatile infrastructure layer tailored for social application creation. Notably, SoMon distinguishes itself as the first gasless Web3 social platform, extending accessibility to users beyond the crypto community.

Key Highlights

Since its mobile app launch on 19 June 2024, SoMon has attracted over 30,000 on-chain registrations in a mere two weeks. Presently, the platform boasts a vibrant community with 2 million social engagements across 300+ Tribes and a user base exceeding 80,000.

User Empowerment

At the core of SoMon's model is the empowerment of users to curate and govern their Tribes independently. Following the introduction of innovative tools and NFT-powered fragmented ownership, users engage in content creation. The platform's 'Megaphone' feature allows users to pay for promotional visibility, with profits redistributed among Tribe owners and stakeholders, reinforcing a user-driven ecosystem.

Seasonal Strategy

Currently in its first season culminating on 31 July 2024, SoMon engages users in point-based interactions and badge acquisition across various leagues. The platform prepares for the launch of its community token, $OwO, scheduled for distribution at the season's close. The gradual release plan allocates 3% of the token's total supply on 1 August 2024, with subsequent seasons earmarking 1% for distribution.

Future Outlook

Looking ahead, SoMon focuses on fostering community participation through initiatives like the Tribe Summer campaign, designed to cultivate genuine community interactions devoid of bots.

Insight into SoMon

SoMon, or Social Monster, stands as a dynamic Web3 social app forum supported by the OpenSocial Protocol. It provides a platform for users to establish engaging Tribes centered around their interests, ensuring complete ownership of content and social connections.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

AI Coding: Why Tools Are Switching to the Terminal

chest

An overview of the shift from traditional code editors to terminal-based AI coding tools, focusing on agentic AI.

user avatarGiorgi Kostiuk

UK’s Digitalization Strategy for Wholesale Financial Markets: Focus on DLT and Asset Tokenization

chest

The UK has announced a strategy to digitalize wholesale financial markets with an emphasis on DLT and asset tokenization.

user avatarGiorgi Kostiuk

Lorie Logan Emphasizes Importance of Stable Rates Amid Inflation

chest

Dallas Fed President Lorie Logan stated the need to maintain rates to combat inflation, despite potential economic circumstances.

user avatarGiorgi Kostiuk

Analyst Predicts Bitcoin Rise to $135,000 After Record of $123,000

chest

Analysts predict Bitcoin may reach $135,000 following recent gains, while other cryptocurrencies show positive trends.

user avatarGiorgi Kostiuk

Investors Raise Their HBAR Assets Amid Optimism for Future Growth

chest

An analysis of HBAR assets shows rising interest from major investors, potentially signaling price movements.

user avatarGiorgi Kostiuk

XRP: Current Situation and Potential Developments

chest

XRP is at a key level after an extended consolidation; sharp price movements may be on the horizon soon.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.