![]() Thanks to everyone who has joined us in our journey. Our exchange consists only of 100% real trading volume. We charge zero listing fees and only choose quality and promising projects. Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. At the same time, idols also build a self-centered economic model for themselves in this process. It can be said that social tokens are like a kind of innovative and valuable “idol peripherals”, which must rely on idols’ “influence”. Stars issue tokens in their personal names and sell or give them to fans, and fans can also sell tokens to raise funds for activities such as idols’ works, idols’ birthday parties, and idols’ advertising, etc. Summary In the fan economy era, social tokens provide a new way for fans to interact with their idols. Compared to Roll, Fyooz attracts more celebrities, such as the aforementioned rapper Lil Yachty who released YACHTY on Fyooz. Roll allows communities or individuals to issue their own social tokens, such as the aforementioned WHALE issued by Roll.įyooz Fyooz promotes itself as a tool for people to witness the growth and success of artists, athletes, brands, etc. Roll Roll is a community currency layer protocol based on the Ethernet blockchain, and is currently the most popular token issuance tool. COIN holders have access to a community called “E-Den” where they can do things like design crypto puzzles and earn CRED tokens in the community by betting on COIN, which can be used to get rare props in the game. Last year, Marguerite deCourcelle issued a social token called, whose trade volume reached $500,000 on its first day of release. At that time, the price of 5 BTC had soared to $50,000. She embedded 5 BTCs in this work, which took fans nearly three years to uncover and obtain a bitcoin address beginning with “1FLAMEN6”. Marguerite deCourcelle used a pseudonym - Coin Artist - to publish The Legend of Satoshi Nakomoto that shocked the crypto art world. Most Mind-twisting: COIN You must firstly understand the COIN’s founder - Marguerite deCourcelle before understanding COIN. All tokens are placed in the custody of the community vault, which is used to reward community contributors and vault managers.Ĥ. In the community, users use Outpost to post subion content, and other users can pay to read using JAMM tokens. Most Unexpected: JAMM JammSession is a community of crypto natives who use JAMM tokens to experiment with tokenized community tools to explore the possibilities for a new kind of creator economy. Meanwhile, the “vault” will search for potential NFT projects with long-term value in the industry to acquire and hold for the long term.Īt present, the “vault” already contains almost all the well-known digital artists’ works, and has become an important ecology in the NFT field, bringing together many artists, collectors and investors.ģ. WhaleShark owns a “vault” account being used to collect NFT art, which is the core of WHALE. Pledged by NFT, WHALE can maintain a stable value. Most Successful: WHALE WHALE, founded by anonymous NFT collector WhaleShark, quickly dominated the social token market after its initial offering. Lil Yachty’s coin offering has successfully reached fans around the world, allowing them to follow him into the world of cryptocurrency, which may be exactly how the fan economy will evolve in the future.Ģ. Fans who hold YACHTY will enjoy some privileges, which represent that receive a “surprise gift box” made by Lil Yachty’s mother including some exclusive articles of Lil Yachty, and a chance to have a video call with Lil Yachty himself. The purpose of Lil Yachty launching YACHTY is to enhance interaction with his fans. Most SWAG: YACHTY YACHTY, issued by Lil Yachty, the winner of the Grammy Awards Best Rapper, sold out after 21 minutes’ launching with a gross of $375,000. It can also be regarded as a kind of “faith” or “worship” to prove that you’re a real “fan” of issuers or communities.ġ. ![]() ![]() Social Tokens refer to an ERC-20 token issued by an individual or community that can be used to purchase, access, view content as well as products from individuals or communities, etc. Among the diverse interactions both online and offline, for example, social media interaction, “high five” greeting, concerts, airport pick-ups and other activities, fans gain a sense of satisfaction and increasingly become firm supporters, solo stans, CP fans, mom fans, and so on., Now there is a new way for fans to interact with their idols in the current blockchain field - Social Token. “Fan economy” is one of the most commonly known terms on the Internet in today’s society. ![]()
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