SoMon: 300,000 On-Chain Transactions, Driving Web3 Social Engagement

IconCryptoNewsTerminal Staff21 Jul, 2024

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SoMon: 300,000 On-Chain Transactions, Driving Web3 Social Engagement

With over 300,000 on-chain transactions within two weeks of its launch, SoMon is making waves in the Web3 social space. This innovative app, built on the Base network and powered by the OpenSocial protocol, empowers users to generate revenue while fostering communities around their passions. SoMon's unique features set it apart, including the elimination of gas fees and the implementation of the first user rewards season. This season ends on July 31st, awarding points for engagement and distributing OwO tokens via airdrop based on activity and badges. The first airdrop on August 1st will allocate 3% of the OwO token supply to eligible participants, with 1% distributed in subsequent seasons. SoMon's commitment to community and innovation is evident in its mission to redefine social engagement in the Web3 era. By providing a platform for building like-minded communities, SoMon is shaping the future of social interaction and empowering users to participate in the growth and rewards of the platform.