RepubliK, a SocialFi platform striving to combine traditional social media with the advanced features of Web3, entered into a strategic partnership with The Open Network (TON) on December 19, according to the latest information shared with Finbold.
The partnership, scheduled to begin in earnest in the second quarter of 2024, aims to bridge the gap between Web2 and Web3 further. RepubliK plans to ensure its social media platforms are more user-friendly by integrating recognizable solutions while still being powered by blockchain technology.
Registration will be simplified as users will be able to choose between utilizing their email or opting for a single sign-on option like Gmail or Facebook. RepubliK also explains that the design of its UI and UX are deliberately reminiscent of popular platforms like Instagram and TikTok to make adoption easier and more intuitive.
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True to its overall approach, RepublK will also offer some gamification features, such as an experience system with multiple badge tiers intended to reward engagement on the platform.
RepubliK’s hybrid approach to design
RepubliK also explained that, due to feedback from early Web2 creators, the platform will offer a blend of centralization and decentralization. The compromise stems from the desire to keep the platform streamlined for users’ convenience and not prioritize decentralization for decentralization’s sake.
The platform, which has accrued 1.5 million users since its inception, will also offer significant flexibility to its users. They will be able to opt into using RPK (RepubliK tokens) to pay for gas fees if they find them more familiar than Ethereum (ETH).
Additionally, RPK holders will always have a say in how the platform operates and develops, as well as insights into its inner workings through its in-app governance and community voting systems.
RepubliK also already has an extensive plan for features – primarily focused on monetization tools – such as a tipping system, creator tokens, live-streaming, in-app non-fungible token (NFT) minting, and paywalled content.
