It is a long time since I last explored a SocialFi app, so today this one 'clicked' to me and I thought I should try it out immediately.
I was reading the crypto news of the day, and one of the sites I visited was 'Cointelegraph', where I saw about this new social media joining Cointelegraph Accelerator.
And now let's get to the main subject right away!
What is this social media?
If you want to try it out - this is a referral link where we both earn! https://share.popso.me/download?inviteCode=up7555
If you simply want to visit the website for more information until you decide, here it is! https://www.popsocial.io/
First of all, pop is an app available both for iOS and Android users. It is still in BETA phase, it has its own token, which is already tradeable in exchanges and with the app, you have your own wallet. There are some bugs in the app, but as I understood the team is handling them.
I was alarmed by a few things.
- There were some users in Discord that were complained about not receiving rewards that were promised to them.
- There are some actions that the user is required to do to gather more $PPT (i.e. repost and comment) and this in my opinion creates more spam - but its a new app and spam is everywhere, so ok.
- You cannot claim your $PPT yet, we are supposed to wait until the end of this month for that.
How does the app work?
After you download the app you will need to sign in using an email address of a telephone number. I used an email address. You can also watch as a guest if you do not want to sign up - you may also connect one of your wallets i.e. metamask.
It is very easy to create your first post, and to interact with other users.
Note: This is something that may not be entirely possible for a new hive user, who needs some delegated or owned HP to be able to post and to interact
If you want to change your name and info, click on the little gear wheel on the top right spot of your screen and you will be able to change all your info.
You will also be able to claim free of charge your web3 identity, in the form of yourusername.pop - clicking ' Create Pop ID
There is a bug at the moment and it is not possible to change your profile picture, but the team is aware and will fix this soon.
It is a fast and easy to use app, and I think that it will attract more users in the future.
What seemed interesting was the referral system that the app has in place
If you use a ref code (i.e. up7555 or link and both the referrer & referee will earn 5% and 3% respectively.
Let's see some numbers & the roadmap
At the moment there are more than half a milion users and more than 157K users active on a daily basis.
Roadmap:
Tokenomics
Pop’s sustainable tokenomics was designed by the renowned @prysmeconomics which built token economics for legendary projects such as Cardano, Polkadot, The Graph. $PPT features a custom tailored token model that turbocharges the relationship between users and creators, creating a sustainable long term token economic model tying to the growth and success of the platform.
source: https://www.popsocial.io/blog-posts/get-a-closer-look-at-pop-tokens-ppt-sustainable-tokenomics-model
Overall
I enjoyed the app, it was very easy to use and I may already have earned a few PPT. I will wait to reach $10 PPT so that I will see what I can do with it. I will use this for a few days and then I ll get back with the second part of this review!
What are your thoughts? Let me know in the comments!
Posted Using InLeo Alpha
