(PRESS RELEASE – Singapore, Singapore, December 19, 2023)
Republica leading SocialFi platform, is pleased to announce its historic partnership with The open network (TON), signaling a big step in its mission to unite the Web2 and Web3 worlds. This strategic alliance, which will begin in Q2 2024, is set to revolutionize the user experience by providing a seamless and efficient platform for token transactions, addressing the key challenges faced by Web2 users in the Web3 domain.
This collaboration is central to RepubliK's user-centric approach, which focuses on providing an intuitive experience similar to leading social media applications. Registration is simplified through email or single sign-on options like Gmail or Facebook. The platform's UI/UX and content engagement features are intentionally designed to resonate with users familiar with platforms like Instagram and TikTok. In addition to the participation factor, RepubliK has integrated a gamified XP system with various levels of badges, which reward user participation and contribution.
RepubliK's strategy includes selective centralization in certain areas, such as its ai-powered content delivery system. This decision stems from feedback from the early creators of Web2, who prioritize an optimized user experience over complete decentralization.
Additional key features of RepubliK include:
- The option for users to pay gas fees in RPK tokens, making transactions more accessible to those unfamiliar with eth.
- A wide range of monetization tools, including a tipping feature, upcoming paid content, in-app nft minting, live streaming, and creator tokens.
- An in-app community voting and governance system for $RPK holders, allowing users to have a say in platform development and gain insight into audience preferences.
Since its inception, RepubliK has demonstrated impressive growth, as evidenced by its expansion to over 1.5 million registered users and a substantial increase in its social media presence. This growth highlights the attractiveness of the platform for Web2 and Web3 users.
About open network:
Open Network (TON) is a fast, secure and scalable blockchain and network project, capable of handling millions of transactions per second if necessary, and easy to use and service provider. Our goal is that it can accommodate all reasonable applications currently proposed and conceived. You could think of TON as a huge distributed supercomputer, or rather a huge superserver, intended to host and provide a variety of services.
About Republic:
Republik is an innovative SocialFi platform that seamlessly combines the ease of traditional social networks with the advanced features of Web3 technology. Prioritize ease of use with a gamified engagement system, encouraging active user participation. The platform simplifies the Web3 experience and offers various monetization options, such as in-app nft minting and a community-driven governance system. Catering to both regular social media users and blockchain enthusiasts, RepubliK has rapidly expanded its presence in the digital social sphere, demonstrating its commitment to revolutionizing the social media experience.
Contact
Operations Manager
Linus Maloney
[email protected]
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