Merging Booming Digital Space - NFT, Metaverse, Blockchain
Introduction
NFT stands for non-fungible token, a unit of data stored on the blockchain that certifies a digital asset as unique and non-replicable. The first NFT project was launched back in 2015, but it's 2021 when the market really takes off. In fact, saying it "takes off" is an understatement.
Compared to the second and third quarters of 2021, NFT trading volume increased by 704%. Three months is the time it takes for such growth. With more and more companies launching their own NFT, celebrities, crypto, finance and other experts are backing it, and all the advantages that technology has - NFT will remain. But when the industry is still in its early stages and moving very fast, there is a lot to improve.
Right there, Socialogue will shine. Socialogue combines all the fast-growing spaces: NFT, blockchain, Metaverse and social media. All combined into one platform. It is built by taking industry best practices and making them even better. And of course, overcome the shortcomings.
Problem
“The NEW DIGITAL ECONOMY IS GREAT, BUT THERE ARE LESSONS TO IMPROVE"
- LACK OF DIRECT COMMUNICATION : There are many ways to build an NFT community. Channels like Discord or Twitter make it possible to develop the following. But building community doesn't mean building relationships. Many talented creators and curious collectors miss opportunities to collaborate due to a lack of direct contact.
- HIGH ETHEREUM GAS COSTS : Ethereum is the most popular blockchain that businesses are investigating and incorporating into their operations today. Statistics show that the Ethereum blockchain is used by twenty-four of the fifty listed companies. Despite being an excellent technology, Ethereum has a drawback, which significantly affects the NFT space - this is the cost of fuel. On August 5, 2021, the London Upgrade was implemented to make Ethereum transactions more predictable, but gas fees still stop many individuals from participating in the space.
Solution
- SAFETY ISSUE : Following the former, the lack of live communication and multiple channels at play can cause individuals to lose money. The NFT space, like everything else, has a black and white side. The sad truth is that some unscrupulous people use social engineering and other tricks to get someone off the line into a replicated NFT store. The all-in-one platform is a much more secure and convenient solution.
- NO OPTIONS TO SHAPE THE FUTURE : With the industry growing, NFT and Metaverse are the future. It's very user experience based. Community members have many ways to express their opinions but no option to influence change directly.
- CLIMATE CONTROVERS : Both cryptocurrencies and NFTs have come under criticism for their impact on energy consumption and climate impacts. This problem is real and widespread. An alternative way of using technology is a must.
Platform
By collaborating with Immutable X, Socialogue ensures trading in an open, decentralized ecosystem, secured by Ethereum, along with other features:
As a complete platform, Socialogue provides an extra edge for security and experience. Everything within reach of the platform - social connections, marketplaces, game metaverse, and more. Everything today's NFT fans need in one place. Socialogue observed that NFT room participants had to rely on multiple platforms for information, communication, printing and other purposes. And it is self-evident that using one platform instead of multiple platforms will serve the industry and its users.
NFT SOCIAL PLATFORM
Socialogue NFT Social Platform brings all social media influence to the NFT space. The importance of social features within the platform is game-changing. It overcomes the shortcomings of the industry and provides unlimited opportunities to the community.
Socialogue members can write posts, like, share, comment or send direct messages to users of any platform. By actively participating in the community, a member can create their own followers and get rewarded. The opportunities with having a following in the digital economy have never been greater.
Socialogue values transparency. Setting up a profile that other community members can see is easy. This empowers creators, collectors or other members to tell their stories and even showcase the collected NFTs (Fig. 2). Strict verification for content creators is also required to keep the community safe. Socialogue has all the features of a social platform. The ability to communicate within the platform creates extra security and closer relationships. For new opportunities and more confidence.
NFTOMICS
- ROYALTIES : The platform uses royalties to buy floor NFTs mainly for two reasons - to reward honored users and provide stability for the community.
- RECOGNITION : On the platform, Socialogue appreciates every NFT holder. To praise them, every NFT owner gets a senator member badge. They get recognized among other users as DAO Senate members, who can vote and decide the Socialogue future.
- DAO : A unique DAO structure redefines community involvement. Every Socialogue NFT holder becomes a member of the DAO Senate. The goal is to have as many senate members who will shape the future of Socialogue and the whole NFT space. Senate members participate in major Socialogue decisions.
- TOKEN : Token Launch will take place in Q1 of 2022. Socialogue will reward every NFT holder.
- EARN : Holding Socialogue NFT and being part of the community opens multiple ways to get real economics. Participation in the community, taking decisions in the DAO Senate, and other activities are rewarding.
SOCIALOGUE NFT TOKENS
- METAVERSE : Socialogue offers a thrilling experience on the Metaverse. One of the exclusive parts of the Metaverse is the DAO Senate, where the gatherings, votings, discussions, and other activities occur.
- PRIVATE : As a close and unique community, NFT holders who are Senate members have a private group to discuss upcoming changes, decisions, and the future of the platform.
- SUPPORT : Like one big family, Socialogue offers support and help to its members. Socialogue Senate has direct contact with platform admins as additional support and attention.
NFT TOKENS
The NFT collection allows Socialogue to add even more uniqueness to the platform and user experience. Users can use tokens for various purposes. Again, mainly for a better customer experience, increased loyalty, and stability of the platform.
The stability of the platform is also an important indicator. A part of Socialogue tokens is not sold or given away as rewards. It is important to have tools and resources to keep the platform stable and working if anything unexpected happens. Socialogue has a promising future, but it is always better to have a plan B than have none.
ROADMAP
2021 Q1-Q3
- Conducting deep market research. Settling the legal matters.
- Designing Socialogue platform. Implementing the experience of top-notch advisors.
2021 Q4
- The release of NFTs collection and launch of Socialogue (Beta).
- Integration of blockchain into the platform. NFT airdrop.
- Establishment of DAO Senate.
2022 Q1-Q2
- Launching the Socialogue token, DAO Senate Metaverse,
- Socialogue Metaverse and a full version of the platform.
- Integration of token stake and tips functionalities.
2022 Q3-Q4
- The launch of Socialogue app for iOS and Android.
- Advancing the community functionality - introducing group chats, private groups and members recognition via smart contract.
More Information:
- Website : https://www.socialogue.com/
- Whitepaper : https://www.socialogue.com/d143f264fb86a1cb3543b99e519442fe.pdf
- Twitter : https://twitter.com/SocialogueNFT
- Facebook : https://facebook.com/Socialogue
- Telegram : https://t.me/Socialogue
- Instagram : https://instagram.com/socialoguenft/
- Discord : https://discord.com/invite/Socialogue
- Medium : https://medium.com/@Socialogue
Author: warulor540 My Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2804131
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