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New trends in 2021: a list of 7 social token issuance platforms

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More and more content creators hope to issue their own social tokens to earn more income and make their relationship with fans stronger.

The development of social networks has shortened the distance between each of us, and it also gives each of us the right to express our opinions. Everyone can be a content creator, and everyone will or More or less has its own fans.

Famous opinion leaders such as Alex Masmej and WhaleShark issued personal social tokens one after another, which attracted many With the attention of people, more and more content creators hope to issue their own social tokens to earn more income and make their relationship with fans stronger.

Rhythm BlockBeats compiled the current seven well-known tokens according to the annual review report of social tokens released by Forefront on December 29 A higher social token issuance platform, providing a reference for content creators who wish to issue social tokens. 《CirclesUBI that everyone is chasing, the focus is not on UBI, but on It's Social")

1, Roll

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Roll is the most famous social token issuance platform, Over the past year, Roll has helped nearly 200 content creators launch their social tokens. Roll’s issuance model is that the supply of each social token is 10 million, of which 2 million are directly issued to content creators, 1.2 million belong to the Roll platform, and the rest will be unlocked linearly every month for three years.

According to Rhythm’s previous reports, Roll received US$1 million in investment in October, with participation from Fabric Ventures and IOSG. In addition, the famous R&B singer Akon has also reached a cooperation with Roll, and will issue social tokens in 2021.

2, Rally

In order to bring social tokens into the mainstream, Rally designed a custom Layer2 solution, Inherent value capture mechanism that allows for instant transactions, dollar purchases and use of bonding curves.

The special feature of this platform is that it can combine its native governance token RLY with the creator’s social token And minted into a new token. At present, the Rally platform is implementing a creator incentive plan, which will provide up to five thousand dollars for new creators who issue social tokens.

In addition, Rally is also combining with DeFi, providing liquidity mining with Uniswap and Balancer through yearn vaults Chance. These are supported by community multisig, the Snapshot Forum, and the Governance Forum.

3、Fyooz

Although Fyooz is a new company, it has already attracted much attention. Celebrities shine by collaborating and attracting them to the social token space. Recently, rappers Lil Yachty and Lil Pump both launched their own social tokens on Fyooz, and both sold out in a short period of time, which attracted a lot of media attention.

With the support of FYZ governance tokens, Fyooz will create a barrier-free issuance of tokens for content creators platform to help them issue social tokens denominated in USD, and will also offer redemption for meetups, merchandise, and other exclusive giveaways.

4, MeTokens

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As one of the earliest social token issuance platforms, Stake on Me allows content creators to issue their own meToken and price it according to different combination curve designs. Depending on the curve you choose, there is a usage rate and a sell rate in the market, and buyers generally get more value from using meToken than selling it. Quite a few deep DAO enthusiasts are testing the social token waters in a very web3 way by using meTokens developed with the support of Raid Guild.

5, Zora

Zora was originally an e-commerce platform for creators. RAC reached a cooperation to launch the social token RAC. Zora attaches great importance to user experience, users can directly log in with email and password to claim their tokens. It is understood that the Zora platform does not plan to launch other social tokens in the short term.

6, Coinvise

Coinvise is an emerging API-focused social token issuance platform that allows developers to integrate tokens into their existing platforms. Creators can produce and manage rewards for their communities, and Coinvise provides the service without taking a cut of the issuance. While they are still in beta, expect more tokens to be issued on Coinvise in 2021.

7、Calaxy

Calaxy is a social token platform incubated by NBA player Spencer Dinwiddie. It will be officially launched in 2021. Calaxy will Using the web3 Income Sharing Agreement (ISA), provide a way for celebrities to tokenize themselves and their advantages.

Although the platform is not officially live yet, some top players are looking to carve out a niche in the social token space, And this market could make waves in the coming months.