Web3 social protocol Atem Network released its whitepaper and launched the ATEM token public sale on November 9th.
BlockBeats reported on November 7th that Atem Network, a Web3 social protocol, released its white paper, revealing its project progress, future roadmap, and token model. Atem Network will launch public sales on November 9th and November 13th through Poolz Finance and GameFi.Org respectively. The total supply of ATEM is 200 million, and this public sale accounts for 1.5% of the total issuance, with a public offering price of $0.15. 20% will be unlocked upon listing, and the remaining 80% will be unlocked linearly within six months.
Atem is a decentralized content publishing protocol designed to help creators tokenize their content and build Web3 native communities. The protocol has launched products such as AtemChat and AtemReview. AtemChat has attracted over 30,000 users and generated over 7,000 NFT groups, while AtemReview has attracted over 200,000 users, produced over 400,000 pieces of content on Arweave, and generated over 2.5 million interactions.