Description
Sway Social redefines social capital in the Metaverse by enabling Metacreators to monetize their assets via NFTs. Unlike traditional social media platforms, Sway Social translates social capital into an asset class through a staking pool model. Elements like game items, avatars, collectibles, and social media posts are represented as NFTs. Community members can stake in creator pools, establishing value based on the total value locked (TVL). This decentralized model offers a new approach for creators to generate income and enhances their social capital through subDAOs. Thus, Sway Social promotes a unique, Web3-centric ecosystem for social and economic interaction.
Sway Social redefines social capital in the Metaverse by enabling Metacreators to monetize their assets via NFTs. Unlike traditional social media platforms, Sway Social translates social capital into an asset class through a staking pool model. Elements like game items, avatars, collectibles, and social media posts are represented as NFTs. Community members can stake in creator pools, establishing value based on the total value locked (TVL). This decentralized model offers a new approach for creators to generate income and enhances their social capital through subDAOs. Thus, Sway Social promotes a unique, Web3-centric ecosystem for social and economic interaction.
