SoMon, a Decentralized Web3 Forum, Launches Its App on Base and Gains More Than 300,000 On-Chain Transactions in 14 Days

SoMon, short for Social Monster, allows users to monetize and create communities (Tribes) around their favorite topics, passions, creators, and fandoms.

Hong Kong, Hong Kong, 21st July, 2024, Chainwire

Decentralized Web3 forum SoMon, envisioning a space for user-owned content and connections, recently launched its app on Base and has already clocked in over 300,000 on-chain transactions in the 14 days since its launch, making it the most active and fastest-growing social app in the Web3 space.

SoMon, short for Social Monster, enables users to monetize and create communities (Tribes) around their favorite topics, passions, creators, and fandoms. It is the first app built on OpenSocial Protocol, a composable infrastructure layer for building social applications, and is also the first Web3 social app that is truly gasless, lowering the barrier of entry and onboarding users beyond the crypto community.

Having launched its mobile app on 19 June, 2024, around a month ago, it garnered over 30,000 on-chain registrations in just two weeks. Now, the community is rapidly expanding with over 2 million social engagements across 300+ different Tribes (communities) and its 80,000+ users.

“Crypto is all about community, but instead of creating communities for users, we want communities to be built by users. SoMon is a user-curated space where people are able to connect with one another while taking charge and reaping the benefits of their own social achievements at the same time,” said Sean Tao, CEO & Co-Founder of SoMon.

SoMon users began minting their own Tribes with various tools and fragmented ownership powered by NFT technology after the new feature was released on 17 July, 2024. Content is created by users, and the platform is monetized through a tool called ‘Megaphone’, where users can pay for promotional visibility, with the revenue being redistributed to Tribe owners and stakeholders.

SoMon is currently in its first season, which will end on 31 July, 2024. In this season, users will compete to gain points through interactions and earn badges by climbing to different leagues. At the conclusion of the season, SoMon will officially launch its community token, $OwO, which will be airdropped to the community at the end of the first season, with the first airdrop releasing 3% of its total supply on 1 August, 2024, and 1% of its total supply for the subsequent seasons.

In the upcoming seasons, SoMon will be focusing on activating the community economy with the Tribe Summer campaign for users to create and engage with their bot-free community.

About SoMon

Social Monster (SoMon) is an open topic-based Web3 social app forum powered by OpenSocial Protocol. It serves as a space where users can create vibrant and engaging communities (Tribes) centered around their passions and fandoms. SoMon ensures that Tribes, content, and social connections are wholly owned by users.

Contact

Public Relations Manager Kelvin Yeo Jun Hao Everest Ventures Group [email protected]

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