Friendzone.pro: A SocialFi Product Geared for Inclusion and Accessibility

BY
Bitskwela
/
Mar 31, 2024

In the ever-changing landscape of decentralized social networks (DeSo), the promise of user control and creator rewards has always been appealing. However, the sustainability of such rewards has often been questioned. Won’t early creators just dump their tokens on newer investors thus harming the ecosystem? Not quite because here’s where Friendzone.pro makes a difference. Emerging as a beacon of innovation, Friendzone.pro tackles the sustainability challenge head-on and pioneers a revolutionary approach to SocialFi that prioritizes adaptive economics and fair rewards. Let’s see how!

Fairer rewards, sustainable future

At the heart of Friendzone.pro's innovative rewards model lies the adaptive bonding curve. This mechanism is a departure from the static bonding curves prevalent in other platforms, which often benefit early adopters at the expense of later ones. This is because the more an ecosystem grows, the tokens become relatively more expensive giving a high barrier-to-entry to newcomers and eventually saturating the market. 

Fortunately, Friendzone.pro's adaptive bonding curve ensures fair token pricing and a sustainable creator economy. Here, value creators are rewarded in proportion to their contributions. A creator’s token price will increase relative to their “reputation” and ownership within the network. By rewarding those who continuously add value to Friendzone.pro, the bonding curve ensures that the rewards system remains sustainable over the long term. This approach democratizes earning opportunities and levels the playing field for all users. 

Scalability for unprecedented growth

Another issue in DeSo that Friendzone.pro tackles is scalability. Slow transactions and high fees can significantly harm user experiences, making widespread adoption difficult. This is why Friendzone.pro formed a strategic partnership with Polygon, a high-performance blockchain network known for its speed and cost-efficiency. This collaboration prioritizes a scalable user experience for Friendzone.pro.  

It is designed to accommodate millions of users by leveraging Polygon's advanced layered scaling approach, including zkEVM technology. This partnership positions Friendzone.pro to efficiently and securely handle massive user growth, be able to facilitate effortless content interactions with monetization, and overall set a new standard for scalability in the DeSo space.

Custom creator controls and staking feature: Empowering users and ensuring equitable distribution

Friendzone.pro empowers users to tailor their monetization strategies by introducing custom creator controls. This means that users can set their own terms and prices, from public events to private groups, thus reflecting the unique value they offer. This level of customization encourages a more creative social network where the innovation is not in the hands of a centralized company, but the users. 

Moreover, the platform also incorporates a staking feature inspired by the successful veCRV model from Curve. This model allows users to stake their tokens, with rewards distributed based on the quantity and duration of the stake. Such a system ensures a more equitable distribution of revenue, rewarding creators for the long-term commitment of their audience and promoting a sustainable creator-follower relationship. 

Strong backing for the future

The future of Friendzone.pro looks bright. With over $750,000 in funding secured from prominent investors like Kain Warwick (Synthetix) and Kieran Warwick (Illuvium), alongside industry leaders from Bybit and Pendle Finance, Friendzone.pro is set to make a difference. 

The platform has also expanded its advisory board with experienced figures such as TN Lee and John Park, positioning Friendzone.pro for significant success in the DeSo and SocialFi arenas. 

With this robust backing, Friendzone.pro is not just another platform in the crowded DeSo space; it is a trailblazer, setting new standards for what a SocialFi platform can achieve. Its innovative economic model, commitment to scalability, and empowering features for creators and users alike make it a standout Web3 platform. 

As Friendzone.pro continues to develop and expand, it remains a compelling example of how technology can be used to create a fairer social media that reshapes how we think about online interaction. Try out Friendzone.pro and contribute to this new decentralized social movement!

Bitskwela
Education Company

Bitskwela is a Filipino-led edutech platform that strives to make Bitcoin and cryptocurrency education accessible to all Filipinos of any ethnicity.

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