Decentralized platform SoMon records 300,000 transactions in two weeks, set to launch $OwO token to boost user engagement.
SoMon, or Social Monster, a decentralized Web3 social app, has made waves in the digital world by becoming the fastest-growing social app in the Web3 space. Within just two weeks of its launch, SoMon has recorded over 300,000 on-chain transactions, showcasing its rapid adoption and popularity among users.
SoMon is a decentralized social app built on the OpenSocial Protocol. This protocol allows users to create and monetize communities around various interests. One of the standout features of SoMon is its gasless experience, which significantly lowers the entry barriers for users. This means that users can engage with the platform without worrying about transaction fees, making it more accessible to a broader audience.
Since its launch on June 19, 2024, SoMon has seen remarkable growth. The app has attracted over 30,000 on-chain registrations and now boasts more than 80,000 users. These users are actively engaging in over 2 million social interactions across more than 300 Tribes. Tribes are communities within the app where users can connect based on shared interests, mint new Tribes, and monetize their content.
To further enhance user engagement and provide more value to its community, SoMon is set to launch its community token, $OwO, at the end of its first season on July 31, 2024. The introduction of $OwO aims to incentivize user participation and reward content creators, fostering a more vibrant and interactive community.
SoMon highlights the potential of decentralized social apps in the Web3 space. By offering a gasless experience and enabling users to monetize their content, SoMon is lowering entry barriers and creating new opportunities for digital communities. The upcoming launch of the $OwO token is expected to further boost user engagement and solidify SoMon's position as a leading platform in the decentralized social app ecosystem.
