HashKey Global is about to launch the 8th Launchpool — DeBox (BOX) and simultaneously go live in the Innovation Zone.Currently, users can recharge and withdraw BOX via ERC20 mainnet.Participate in the pre-load event ( event page ) to enjoy 100% BOX bonus rebate, don’t miss it!
Learn more about the campaign:DeBox Launchpool Campaign Details
From the perspective of revenue, refer to HashKey Global’s past Launchpool APY performance, especially $UXLINK, which is also a Web3 social networking project, and its annualized percentage yield (APY) of local currency mining tops the list at more than 500%.The mining revenue of DeBox (BOX) is also highly anticipated, which may bring great returns to users.
The State of Web3 Social and DeBox’s Social Strategy
The SocialFi market has huge potential, but it’s not as easy to grow as one might think.Looking ahead to 2024, while the SocialFi track is highly anticipated, the industry is still in its early stages, facing challenges such as insufficient infrastructure, user growth bottlenecks, and lack of user stickiness.The core difference of SocialFi compared to traditional Web 2.0 social platforms is that it is built on the underlying infrastructure of Web 3.0.Therefore, its architecture is completely different from traditional social platforms.
Web3 SocialFi products in the current market can be broadly categorized into three types:
1. Friend.tech, which focuses on the speculation of influencer assets;
2. community forum-based social protocols, as represented by Farcaster (and applications such as Warpcast);
3. social relationship building protocols represented by DeBox.
Among them, DeBox, a social relationship protocol, has significant advantages in terms of social stickiness, openness and user entry threshold, which is low and easy for users to participate.
According to DeBox’s whitepaper, DeBox is a Web3 community management tool based on decentralized identity (DID).Users holding ERC-20 tokens or NFTs do not need a license to join the corresponding groups and can use the diverse functions it provides, such as sweepstakes, proposals, and voting.This model not only lowers the participation threshold, but also improves the activity of community interaction and the efficiency of decentralized governance.
DeBox’s strategy will further drive innovation and development in the SocialFi space, and is expected to inject new vitality into the Web3 social ecosystem.
Debox connects the user side and the community side and is a bridge to fulfill the needs of both sides:
1. on the community side, it is the community-driven management tool for elections, voting, finances, campaigns, raffles, airdrops, event evaluations, and more;
2. on the user side, equal, permissionless and simple access to the information portal for all users.
So, debox has a strong user base and most of the users are cryptocurrency newbies from apps.
DeBox Program Highlights
1 A social aggregator based on Web3 usage scenarios
DeBox Swap Transaction Aggregator – As an aggregation social platform based on Web3 usage scenarios, firstly, the DEX Swap function, which is the most frequently used in Web3 usage scenarios, is built into the platform, and the Swap Transaction Aggregator officially developed by DeBox is launched.In addition to automatically finding the best Swap transaction path through algorithms, users invited to use DeBox Swap Aggregator will have 50% of the commission generated from each Swap transaction returned to the inviter, which creates a new mode of integrating socialization and transaction commission.It can greatly enhance the activity and stickiness of users to DeBox platform, and make socializing and trading happen in one APP as much as possible.
Alpha Information Acquisition – DeBox “Knowledge Planet” is the on-chain subscription service for paid communities. Compared with Web2 Knowledge Planet, all fee interactions of DeBox “Knowledge Planet” are executed through on-chain contracts, automatically paying subscription fees in installments, which greatly reduces the number of users.Compared with Web2 Knowledge Planet, DeBox “Knowledge Planet” is an on-chain subscription service for paid communities, where all fee interactions are executed through on-chain contracts, and subscriptions are automatically paid in installments, which greatly reduces the risk of trust between users and paid communities/KOLs, as well as the cost of community management.
DeBox Position Chat Community – DeBox is one of the earliest social platforms to practically apply “Position Chat Community”.When a user swaps tokens or buys NFTs in DEX, he/she will be more concerned about the current status and future trend of the project than those who don’t have such assets. DeBox’s Position Chat Community automatically verifies the user’s wallet address based on the Token or NFT assets held by the user, and only the address that owns such assets can enter the corresponding community, so as to help the user to acquire the second level of information in a more efficient way, and also automatically block the fud speeches/spam messages of non-holders, thus building a real social platform for “Position Chat Community”.This will help users obtain secondary information more efficiently, and also automatically block the fud speeches of non-holders (spam) to build a real holder group chat culture.
2 Debox’s DAO Governance
DeBox position-holding chat community (DAO) has the function of on-chain governance of group assets vault, which needs to be jointly managed by team Builder and community management MOD, and the community management MOD is regularly selected by the community members in turn, and is not designated by the project side.Moreover, the expenditure proposal of group assets through voting will be automatically executed by the on-chain contract, which ensures that the ownership of group assets belongs to both the team and the DAO community, making it a truly decentralized community.
3 DeBox Multiple Domain Aggregation, NFT Social Display
DeBox supports blue-name authentication for Web3 domains such as ENS and Space ID (.bnb). Holders can set their own .eth or .bnb as their username, as well as set the NFT in their wallet address as their avatar. DeBox empowers domain names and blue-chip NFT holders with the ability to display their social reputations to get more recognition for their high-quality assets.recognition.
4 DeBox invokes Bot chain interactions to make the platform more open
DeBox has been building an open social platform, any developer can build eco-applications on the DeBox platform.DeBox has more than 100 AI bots driven by large-scale models, including GC, trading, searching, etc., which provide users with a good and seamless experience.Now there are at least dozens of independent developers building eco-projects based on the DeBox platform.DeboxThe Debox ecosystem is currently showing organic growth. DeBox rewards developers who come to the platform with very generous governance token rewards, which will surely attract more excellent developers to join the DeBox ecosystem in the future.
DeBox Economic Modeling
$BOX is a core part of the DeBox ecosystem and has multiple use cases:
1 Payment: $BOX is considered the basic payment method on DeBox, including game items, pre-orders, premium features, etc.
2 Pledge: Receive rewards from the DeBox ecosystem agreement.
3 Destruction: coming soon.
4 Lending: $BOX can be used as collateral in the DeLend protocol.
5 Governance: $BOX is the governance token for the DeBox ecosystem.
The total supply of BOX is 1 billion pieces.Of which: 35% is allocated to ecological rewards; 20% is allocated to the Foundation; 20% is allocated to investors and advisors for a period of 2 years; 17% is allocated to core contributors for a period of 4 years, which includes current and future team members; 5% is allocated to airdrops, which have already been released to community participants via a one-time airdrop; 3% is allocated to liquidity as well as marketing; and its ecological points, vDBX, can be exchanged 1:1 for theBOX, which will be open for redemption claims in the near future.$BOX is a deflationary token and the total supply will deflate as the DeBox ecosystem grows.
HashKey Global Leads the Web3 Social Revolution
DeBox is building a complete DAO open governance platform and opening interfaces to third-party community developers to create more DAO governance tools, so that community members can better access the value they deserve, and thus have a greater incentive to participate in the creation, which forms atools, so that community members can better access the value they deserve, and thus have a greater incentive to participate in the creation, which forms a virtuous cycle of consensus creation and value distribution.In the future, DeBox will probably become the key Web3 community traffic portal and the most consensual and native DAO governance platform.consensual and native DAO governance platform.
HashKey Global, as a newcomer to the market, has achieved explosive growth since its launch on the basis of licensing and compliance, and has entered the ranks of the world’s top exchanges within 70 days of its launch, with rapid growth in trading volume, liquidity, asset quality, and user scale.This is not only due to the fact that HashKey Global is a user-friendly platform that offers a wide range of services such as Launchpool, contracts, leverage, etc., but also due to the fact that HashKey Global has been exploring the frontiers of Web3, continuously deepening the richness of the coin categories, and laying out a new crypto track.
Social protocol is precisely one of the tracks that HashKey Global focuses on. On the one hand, HashKey Global has a clear advantage in the Web3 social field through the synergistic development with the TON ecosystem and the outbreak of applet games; on the other hand, it enhances the user experience and reduces the threshold for web2 users to turn to Web3 by supporting the expansion of more Web3 native social programs.Web3 Social
Despite the challenges, Web3 socialization still has a bright future:
1. Socialization is an important way for Web3 technology to connect with the public. In the future, we may see the deep integration of social, financial, and entertainment functions on the Web3 platform, creating brand new application forms.
2. The Web3 social platform may become an incubator and operation center for DAOs, promoting the development of new organizational forms.
3. Through mechanisms such as NFT and tokenization, Web3 Social is expected to reshape the incentive model for content creation so that creators can better benefit from their work.
4. As decentralized identity technology matures, users may have a unified identity and reputation across different platforms, enhancing the coherence of the social experience.
Where the users are, HashKey Global is there. HashKey Global believes that when the next Web3 market cycle comes, social protocols will be able to aggregate Web3 assets and usage scenarios to serve tens of millions, if not hundreds of millions, of Web3 users, and become one of the hottest apps in the entire Web3 space. hasKey Global is willing to provide traffic and funding support to those projects that are innovating in the Web3 social protocols track.HashKey Global is willing to provide traffic and funding to these projects that are innovating in the Web3 social protocols circuit.