In the era of Web3, issues like transparent connectivity and identity verification among users are crucial for a safe environment. With the innovative approach of Social.Live, a protocol supporting the construction of Web3 Social Media, these issues will be thoroughly resolved. So, what is Social.Live? Let’s explore it with Coin68 through the article below.

What is Social.Live?

Social.Live is a Web3 Social Media building protocol that empowers organizations to build their own social networks without initial obstacles. Issues like transparency in connectivity and identity verification are resolved as Social.Live’s products provide a clear and transparent environment.

Individual users can learn, experience, earn profits, and communicate across all Web3 platforms. Developers can seamlessly deploy products through the protocol by instantly connecting with communities that have large user bases. Additionally, developers can access features and data through Social Oracle (integrating API/SDK).

Brands and products can use Chat3.one as a launchpad to stimulate user engagement in the community. This allows projects to bypass the time-consuming and costly process of building a community from scratch.

Structure of Social.Live

Social.Live is one of the pioneering protocols in changing the landscape of Web3 Social Media by empowering users to build their own social networks. This starts with account registration, investing in quality relationships, and allowing users to establish their own social networks without significant obstacles.

Social Oracle
Social Oracle provides developers with a set of sophisticated functional tools designed to produce products that align with the target content of Social.Live. These tools are designed for easy storage and access to data. Content storage is supported by the oracle network, while quick access is backed by the Content Delivery Network.

• Chats: Instant messaging features indirectly activate strong user interactions.
• Posts: The comprehensive system of Social Oracle shares updates, content, and enhances interactions and connections.
• Video Calls: Provides instant video call capabilities, allowing users to communicate effectively from anywhere in the world.
• Payment Integrations: Supports direct payments through social network channels.
• Digital Wallets: A personalized wallet helps users manage their funds effectively and safely.

The operation of Social Oracle is simple, providing users with quick, complete, and secure data.

1. Client smart contract sends a request to the oracle smart contract.
2. Oracle smart contract sends the request to the request announcement to find who can meet those requirements.
3. These requests are transferred to Social Oracle nodes, and the data is returned to the Oracle smart contract and finally to the Client smart contract.

SocialPASS
SocialPASS acts as an on-chain passport, registering accounts for users and integrating wallets across multiple chains from EVM to non-EVM. It also records user connections with those they follow, creating an on-chain social graph that can be utilized by projects to understand their potential customers.

LiveCAST
LiveCAST provides a customizable API/SDK, allowing access to social data from Social Oracle and SocialPASS. This environment supports access for both Web2 and Web3 developers, enabling seamless and secure integration of Web2 components into Web3.

Chat3.one
Chat3 can be seen as a social network incubator of the ecosystem, created to build a Web3 network. This product focuses on live streaming and has attracted over 150,000 users actively using the platform, generating over 1 million transactions and millions of reach.

How to Receive Chat3 Airdrop

Step 1: Visit Chat3.one and log in with a Google account.

Step 2: Connect an X account and post content related to Chat3 on this platform.

Step 3: Click Continue and Deposit an amount into Chat3 Wallet to receive a 100-point airdrop from the project.

Step 4: Claim the key and start a lucky spin to receive rewards.

The notable point of this feature is the amount of airdrop points users receive, not only encompassing the Chat3 airdrop but also applicable to Chat3 partner projects such as Spiking, Academic Lab, and Smurf.

Receive additional free spins and increase airdrop points

Users completing tasks such as buying keys, minting NFTs, or sending MNT will receive additional free spins. Furthermore, when minting NFTs from the CHAT3 SPECIAL COLLECTION, users will receive increased reward rates:

• NFT 1 MNT: 10 x Boost
• NFT 5 MNT: 100 x Boost

Basic Token Information

Currently, Social.Live has not disclosed specific information about the token. Coin68 will update as soon as the latest information is available from the project.

Token Allocation Ratio

Currently, Social.Live has not disclosed specific information about the token allocation ratio. Coin68 will update as soon as the latest information is available from the project.

Token Distribution Schedule

Currently, Social.Live has not disclosed specific information about the token distribution schedule. Coin68 will update as soon as the latest information is available from the project.

Investors

The total investment in Social.Live and specific information about funding rounds have not been disclosed. However, according to information published on the project’s website, Social.Live has received investments from funds such as Arche Fund, Blizzard, Mantle, Avalanche, Bybit, Ninety Eight, Google Cloud, and Quickom.

Source: Coinmarketcap