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Home»Blockchain»Pop Social partners with Chainlink BUILD to fuel the evolution of social media in Web3
Blockchain

Pop Social partners with Chainlink BUILD to fuel the evolution of social media in Web3

2023-10-24No Comments2 Mins Read
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Pop Social has started a new journey by becoming part of Chainlink BUILD. With this alliance, Pop Social aims to strengthen its Web3 social media framework by integrating with Chainlink’s unparalleled oracle functionalities, superior technical support and strengthened crypto-economic protection. In return, Pop Social promises to provide several benefits to the Chainlink ecosystem, including service fees and additional benefits for both the community and stakeholders.

A leap to widespread social media adoption via Web3

With Chainlink’s comprehensive support and secure offchain solutions, Pop Social aims to increase its visibility, drive widespread adoption of Web3 social platforms, and pioneer the integration of the next billion users into the Web3 realm.

Pop Social: The nexus of AI and Web3 for content creators

Pop Social is at the forefront of Web3’s social renaissance. Their goal is to transform the landscape by democratizing content rights and boosting the AI ​​content creator ecosystem. By facilitating user incentives through token rewards, Pop Social addresses challenges such as fair monetization, content ownership, and real reach that creators on existing platforms struggle with. Their vision? A rejuvenated approach to social connectivity that promotes social decentralization and drives the global shift to Web3.

The reason behind the coordination with Chainlink BUILD

The decision to partner with Chainlink BUILD is rooted in Pop Social’s quest for optimal security and fortitude offered by Chainlink’s oracle foundation. As part of this partnership, Pop Social can benefit from:

  • Verifiable Random Function (VRF): Allows the creation of unique rarity dimensions for the Pop Treasure Chests NFT series.
  • Chainlink capabilities: Facilitates the investigation of onchain data about Web3 participants and dives into potential applications such as authentic identifiers and onchain user insights.
  • Cross-Chain Interoperable Protocol (CCIP): Provides a unified platform for seamless interactions between diverse chains, eliminating the technical discrepancies of Web3 platforms when handling digital commodities.
See also  BlackRock's $2.5B Tokenized Fund Lists as Collateral on Binance and Expands to BNB Chain

In return, Pop Social commits to dedicating 3% of its native token cache to Chainlink service enablers, including stakeholders, for an extended period of time. This symbiotic economic model enhances the mutual growth and strengthening of the community.

A vision for the future

Pop Social CEO Michael Shen commented: “Our mission is to democratize global creativity, paralleling the way Web3 has transformed digital value management. Chainlink’s offering is crucial in achieving this mission and provides a decentralized, secure and reliable framework.”

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Build Chainlink evolution Fuel media Partners Pop Social Web3
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