GateLive AMA Recap-Pop Social

2023-10-27, 07:15

Can you provide a brief overview of PopSocial and its main goal?

Michael Shen (CEO of Pop Social):
Pop Social is your AI-Powered Social Gateway to Web3. The platform will play a fundamental role in the future of creativity, empowering both creators and users on its platform by rewarding them with Pop Tokens for actively engaging with the app. Pop will redefine how we interact with one another by bringing a new approach to social media and elevating the global push toward social decentralization.

Through democratizing content ownership and powering the AI creator economy, Pop will bridge the gap between traditional social media and the Web3 shared social experience to bring the next billion users to Web3. We build the social platform infrastructure to accelerate the pace of Web3 abstraction and mass adoption.

Pop creates a unified social identity SBT for users through its Chain Agnostic Social Identities, bridging fragmented centralized identities from traditional platforms and technical Web3 protocols to unite decentralized global communities.

What are some of the key features and functionalities of the PopSocial platform?

Michael Shen (CEO of Pop Social):
On Pop Social, you can explore content, watch, like, comment, share, and interact with videos, images, articles, and more. All forms of engagement will be rewarded, so every user on the Pop DApp can gain value every day in exchange for the time they spend on Pop. Meanwhile, creators can benefit from all this and more by creating and posting unique content on the Pop DApp.

Pop will later drop special features inspired by AI technology to encourage users into posting fun, relevant, and engaging content to gain creator perks as well. Pop will also allow users to host private space on the platform for direct communication between creators and their followers. Pop Spaces will create an equal shared space to help spark innovation, collaborations, and discussions. More features will be introduced to the Pop DApp in the very near future.

What is Pop Token? What is the Use Case for $PPT?

Michael Shen (CEO of Pop Social):
The Pop Token (PPT) is our main on-chain token, designed to reward users, creators and advertisers. It’s part of our vision for a sustainable SocialFi token model that strengthens the bond between users and creators. PPT creates a positive feedback loop, driving user adoption and creator engagement. It also supports a governance where creators can receive support from their community.

PPT’s main goal is to boost user adoption and offer creators more dynamic rewards than traditional social media. In short, PPT is the powerhouse of the Pop eco, benefiting users, creators and advertisers. With PPT, you can do various things on our platform, like buying and creating NFTs, unlocking special features, supporting creators, and accessing premium content.

You can earn PPT by engaging with the platform daily. Your engagement score, determined by Pop Credits (PCR), reflects your contributions to the eco. These credits come from activities like consuming and sharing content, referring others, creating content, and participating in the community.

Could you elaborate on Pop’s interoperability aspects? How does it connect different chains, protocols, and developers to create an inclusive and vibrant eco?

Michael Shen (CEO of Pop Social):
Pop Social is committed to achieving interoperability by connecting different blockchain chains, protocols, and developers. This interoperability is crucial for creating a seamless and inclusive experience for users. Pop is designed to support multiple blockchains, allowing users to interact with the platform using their preferred blockchain of choice, such as BSC, POLYGON,OPBNB.

Through smart contracts and cross-chain solutions, Pop Social aims to bridge the gap between different blockchain ecos, enabling users to transfer assets, including tokens and NFTs, across various chains. Additionally, we plan to collaborate with developers and projects in the blockchain space to launch our PNS, that can be customized with different platform and expand interoperability and enhance the overall user experience.

Could you please provide some information about your Roadmap and how POP is progressing so far? What’s your future plan?

Michael Shen (CEO of Pop Social):
Currently, we have a functional beta app with a total 400,000+ total downloads, various NFT portfolios, and a large KOL network. We’re currently testing user earning mechanisms and stress-testing our product for Mainnet launch. During the past few months, we have seen tremendous growth within the Pop Eco and although the project is still in testnet, our user metrics now rank us equivalent to within the leaderboard of the top 3 projects in the BNB SocialFi category. We have now more than 500,000+ combined social media and community members and growing quickly.

We have around 390,000+ total users 50,000+ daily active users. Next few months, POP will onboard more users from SEA, LATAM and from the rest of the world. Also, to onboard more content creators, creator launchpad & incubator, brand partnerships, token gated events, rewards and airdrops, etc.

As of this moment, the Pop Social team is thrilled to be entering the PPT IDO and listing on launchpads and exchanges phase. This is a huge milestone that our project is heading towards after having completed two successful PPT token sale rounds. In detail, Community Sale Round 1 sold out 1,920,000 PPT and raised $360,960 in less than 24 hours. Similarly, Community Sale Round 2 sold out 2,000,000 PPT and raised $400,000 in a little over 24 hours.


Author: GateLive, Gate.io Team
*This article represents only the views of the researcher and does not constitute any investment suggestions.
*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
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