NFTs have evolved from niche art to mainstream craze. While there are still many unknowns regarding the future of NFTs, the communities built around these projects are clearly excited, loyal, and looking to grow. At Solcial we are hoping to solve many of the issues we see on current social networks. This includes (but isn’t limited to) censorship, monetization, and privacy.
However, when it comes to building a social network for the crypto generation, NFTs are going to play a crucial part in it.
Let’s look at how Solcial helps NFT projects, holders, and enthusiasts.
How Projects Benefit
If you or someone you know has an NFT project (launched, or launching soon) Solcial is the platform for you to build a long-lasting and engaged community. When looking at previous successful projects, almost all of them have been able to implement exclusivity, and benefit from holding the NFT. On Solcial you can leverage this and allow for your NFT holders to flex that they are in your exclusive club.
Before you Launch – Whitelisting:
The current crypto playbook is relatively simple. Generate excitement, grow a Discord/Telegram, and whitelist/launch with some kind of activity to generate demand. Yes, this is a simplification, but most projects as of now follow it.
This changes on Solcial.
On Solcial, NFT projects can build and monetize in new ways, while benefiting those who join their movement first. An example might be a project that mints a token and gives a whitelist opportunity to those who buy their tokens. Then members of their community can sell some of their tokens for a profit as hype (and token price) grows.
Next, there is a potential for communities to grow and access more exclusivity through tiered levels. Imagine being able to join chats and post along with others who hold the same NFT, while also being able to showcase those NFTs on the platform directly. Additionally, you can also invest in NFT curators who you think have the best collections or offer some value given their clear expertise in the subject matter.
How NFT Holders Benefit
Holders of NFTs will find that Solcial allows them to display and find NFTs, while also interacting with projects and others who hold similar collectibles. By creating a profile via wallet connection, you are now able to flex your collection, and potentially monetize your expertise with others in your community. This allows for new interactions and new monetization.
Not to mention NFT holders can view if their friends are telling the truth about holding certain NFTs, and can interact with them while potentially buying each other's coin.
How Artists Benefit
As an NFT artist, you are probably currently hustling on Twitter. Our guess is that you post your work for anyone to see and hope that someone might email you, or look to mint your NFT.
On Solcial there are new ways to bring your work to life and build your reputation.
For example, you might share your work with the world on your tier 1 feed (open to anyone), but give exclusive content to those who own your token, or an ability to get a custom-made NFT if they buy your token. As a creator, you have the control, and instead of someone simply following you, they can now invest in you!
While we understand that users and NFT projects in general, will find various use-cases that we can not imagine, on Solcial, we hope that this might spark your interest and open your mind to the wonders of Web3 social media. We need a change, and we need to ensure that crypto enthusiasts have a say in that change.
Time to bring more than just a jpeg to NFTs, time to bring community and monetary gain for everyone involved.
Let us know if you have questions or if you want to gain tester access/notification once we launch!
Solcial is a permissionless social network that gives users the power of web3 by allowing people to interact with each other without fearing censorship, and allowing content creators to be rewarded fairly at market value.
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