SocialFi Platform DSCVR Expands to Solana Ecosystem

The social media platform DSCVR, which offers tokenized communities and crypto features, has expanded into the Solana ecosystem. With over 200,000 current users, DSCVR will now provide its services like crypto wallets, monetization tools, and open API to the millions using Solana.

DSCVR was founded as an alternative to mainstream social networks by combining social media and decentralized finance (DeFi). According to CEO Rick Porter, partnering with Solana allows DSCVR to support the many Solana projects, users, developers, and creators who want to build communities and engage on the platform.

The Solana integration will introduce core SocialFi aspects to DSCVR, like connecting Phantom wallets, receiving airdrops, viewing and trading assets, displaying verified profile pictures, and creating token-gated communities. DSCVR will also enable targeted social interactions and asset promotions to grow communities.

DSCVR has already integrated with Solana projects like Magic Eden, FamousFoxFederation, and Blocksmith Labs to enable seamless digital asset transactions. It plans to highlight partners through airdrops, giveaways, and promotions in the month after launch.

According to Alexa Smith of Polychain Capital, Web3 social media needs to go beyond just putting existing platforms on blockchains. She said DSCVR has grown by letting projects and crypto communities curate novel experiences and transact directly.

The launch coincides with Solana’s Breakpoint conference in Amsterdam, where DSCVR will host a launch party. As Solana gains momentum, the DSCVR integration provides another way for its ecosystem to connect, engage, and transact.

#SocialFi #DSCVR #Solana #Web3 #Crypto

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