Blockchain Startup Seedswap Set to launch Combined Social Media, NFT, and DeFi Ecosystem

ST. PETERSBURG, FL / ACCESSWIRE / August 20, 2021 / Blockchain startup SeedSwap is set to deliver the very first Ethereum-based social media platform, SeedSwap Social. SeedSwap Social is a decentralized social networking or ‘DeSoc’ platform that relies on blockchain technology to exercise many of its core functions. Instead of setting passwords, for example, users log in to Social by connecting their MetaMask wallets.

SeedSwap has launched the initial features of its social platform where users can create a profile with a bio, share profile links, and follow each other. SeedSwap plans to roll out more updates to the social platform over time. Social will have all the standard features of a social media platform, such as posting, adding friends, and private messaging. For the near future, however, SeedSwap has announced plans to implement other features which will more fully showcase the potential of its blockchain integration. These plans include a ‘tipping’ system where users can send and reward each other’s posts with crypto, a deflationary token buyback or ‘burn’ policy with revenue generated from the site, an NFT marketplace, and a marketplace where users can sell non-crypto creations, products, and services.

When asked about the idea behind social, Jason said, ‘When our team did market research on identifying the needs in the crypto market, we found that it was challenging to find a central platform for crypto investors to connect, and one that allows projects to communicate information effectively. Projects and investors seem to be located all over the place on different platforms without easy means of finding each other. This is where we came up with the idea for SeedSwap social; we aim to create the go-to platform for projects to communicate with their user base effectively and for investors to connect with each other more easily.’

The Project’s NFT marketplace addresses the need for NFT artists who want to engage and build their follower base. NFT creators will have the ability to interact with their audience on the same platform on which they engage with their fans, creating a more streamlined system to drive revenue. Currently, most NFT marketplaces are lacking in providing creators with the tools they need to grow their fanbase organically. Most marketplaces act as a basic storefront for NFTs, where artists are left to interact with their fans on external social media networks. Bringing the fans, buyers, and NFT creators together on the same platform will allow for better engagement for creators.

About SeedSwap:

SeedSwap founded online in early 2021, is one of the fastest-growing crypto communities. It boasts a team of professionals who are among the best in their respective fields. The SeedSwap cryptoasset (SNFT) has an upcoming staking system for liquidity providers to incentivize long-term staking through a periodic or annual compounding mechanic upon returns. Details about the token and staking system can be found in the SeedSwap whitepaper.

For updates and news regarding SeedSwap, join their team on Telegram.

Contact:

Name: Jason Dempsey
Company: Nolvos LLC
Email: Nolvos@Nolvos.com
Phone: (904) 800-5570

SOURCE: Nolvos LLC

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