Sociogram is a new blockchain-based social media platform that has a similar user interface to Debank Stream. Sociogram prioritizes monetization of attention through rewarded posts on it. A user can easily get crypto rewards for engagement on the platform. You can start by connecting your MetaMask now!
The earning mechanism of Sociogram is pretty simple. When a post's reward pot is filled with stablecoins, the rewards are distributed among users accordingly. The more a new user engages with content with rewards, the more earning opportunities there will be. This mechanism reminds the realized value, contribution, and actual distribution features.
Contrary to Debank Stream, the posts do not reflect the unrealized earnings of users. Rather, it directly gives current earning calculation (which can go lower as more people engage with it).
How Does Sociogram Work?
It has a simple user interface that you will be familiar with from Debank Stream. There is a place to share your post in which you can add visuals and emojis.
Also, the best part of it might be the functionality of Search and the indexing in the platform. When you share something related to DeFi, it is directly shown on the DeFi category with nice work!
You can send free direct messages contrary to "Hi!" features that you pay for on Debank Stream.
Once a post is created, there are only 12 hours for deposit opportunities to turn a regular post into a rewards post.
I think this is a good way to prevent farming cases. The authenticity of the project may take it to higher levels if it can fight against such fraud in the early phases.
My earning is calculated as $3.61 for that day. Actually, it will go down a bit more and I expect $2 to be received if people do not rush into the posts that reward engagement 😉
One last note: The project directly shows the popular tweets by crypto influencers. You can experience a combination of Twitter, X, and Sociogram on one page. This is an exclusive feature for the platform, I liked that.
The top posts are the ones with highest reward to be distributed. The first one in the list is the official account of Sociogram and the second one sm3.eth is one of the devs, as far as I see.
The early phase of sociogram might be a good chance for early adopters to grow their audience here.
In my honest opinion, the project has a future. If the team can deal with possible problems that all other projects face, then there is no reason to stop the growth of the platform.
Many new users wonder there will be a token or not. I think there is no need for a token on such projects because the price of token might be a handicap for them like it happened in Torum or many other examples.
When the token is a stablecoin, I think this sounds like a better incentive model for people in the early phases. However, there will be hundreds of people asking the question of "wen airdrop" to the team for sure 😅
Overall, with the current system that Sociogram has, I think this is a useful platform to experience SocialFi. If the team integrates more features to bring X users to Sociogram, I think it can be as popular as Debank Stream very soon.
The developer has a message for everyone:
we launched the project in full only on August 31 and in the near future users are waiting for interesting functionality. And the most important thing to add is that we are always open to the wishes and ideas of our users.
Have you ever heard of Sociogram? Are you going to test it?
Share your thoughts about it below 👇
Hive On ✌🏼