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Pop Social Teams Up with Chainlink BUILD to Boost Web3 Social Media Evolution

source-logo  blockchainreporter.net 23 October 2023 15:26, UTC

Pop Social has embarked on a new journey by becoming a part of Chainlink BUILD. With this alliance, Pop Social envisions strengthening its Web3 social media framework by integrating with Chainlink’s unparalleled oracle functionalities, superior technical assistance, and fortified crypto-economic protection. In return, Pop Social pledges to offer various benefits to the Chainlink ecosystem, encompassing service charges and additional perks for both the community and stakeholders.

A Leap Towards Widespread Web3 Social Media Acceptance

With Chainlink’s extensive support and secure offchain solutions, Pop Social aims to magnify its visibility, drive the widespread acceptance of Web3 social platforms, and pioneer the integration of the upcoming billion users into the Web3 realm.

Pop Social: The Nexus of AI & Web3 for Content Creators

Pop Social is at the forefront of the Web3 social renaissance. Their goal is to transform the landscape by democratizing content rights and supercharging the AI content creator ecosystem. By facilitating user incentives through token rewards, Pop Social addresses challenges like fair revenue generation, content possession, and genuine reach which creators grapple with on existing platforms. Their vision? A rejuvenated approach to social connectivity that champions social decentralization, propelling the global shift to Web3.

The Rationale Behind Aligning with Chainlink BUILD

The decision to collaborate with Chainlink BUILD is rooted in Pop Social’s quest for optimal security and steadfastness offered by Chainlink’s oracle foundation. As part of this collaboration, Pop Social stands to gain:

  • Verifiable Random Function (VRF): Enables the creation of unique rarity dimensions for Pop Treasure Chests NFT series.
  • Chainlink Capabilities: Facilitates the examination of onchain data about Web3 participants and delves into potential applications such as authentic credential identifications and onchain user insights.
  • Cross-Chain Interoperable Protocol (CCIP): Offers a unified platform for seamless interactions across diverse chains, eradicating the technical discrepancies of Web3 platforms when dealing with digital commodities.

In reciprocation, Pop Social commits to allocating 3% of its indigenous token cache to Chainlink service facilitators, including stakeholders, over an extended period. This symbiotic economic model fortifies mutual growth and community reinforcement.

A Vision for the Future

Pop Social’s CEO, Michael Shen, remarked, “Our mission is to democratize global creativity paralleling how Web3 has transformed the digital value governance. Chainlink’s offerings are pivotal in realizing this mission, ensuring a decentralized, secure, and dependable framework.”

blockchainreporter.net