DSCVR Expands to Solana Ecosystem, Paving the Way for SocialFi Innovation October 25, 2023 October 25, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsOctober 25, 2023 by Kelly Cromley

DSCVR Expands to Solana Ecosystem, Paving the Way for SocialFi Innovation

Web3 social media and community platform, DSCVR, has announced its launch on the Solana Ecosystem, bringing its unique blend of social and crypto functionality to Solana’s growing community. With over 200,000 users already, the integration with Solana will extend DSCVR’s tokenized communities and crypto asset capabilities to a broader audience.


DSCVR’s Vision for Alternative Social Media


DSCVR was founded with a vision to provide an alternative to traditional social media platforms. It offers users a social and community-building space enhanced by native crypto features, seamless monetization, and an open API. The platform’s integration with Solana marks a significant step towards expanding its reach and capabilities.


The announcement of DSCVR’s launch on Solana precedes the annual Solana Breakpoint event, a gathering of developers, artists, creators, and academics within the Solana ecosystem. This move underscores DSCVR’s commitment to fostering crypto communities and facilitating user access to a wide array of Web3 projects through strategic collaborations and integrations.


Rick Porter, CEO and co-founder of DSCVR, expressed the platform’s commitment, saying, “By partnering within the Solana ecosystem, we’re able to support the millions of existing Solana projects, users, developers, and creators who want to use the DSCVR platform to build communities, engage, and increasingly transact.”


Empowering SocialFi on Solana


The integration with Solana enables DSCVR to introduce its core SocialFi functionality, a fusion of social media and decentralized finance. Users can seamlessly connect to their Phantom wallet, receive airdrops, view and transact assets, showcase verified profile pictures (PFPs), and create token-gated communities. This integration provides an avenue for communities and partners to employ innovative social and asset graph targeting to nurture community growth.


Alpha Integrations and Collaborations


To mark its Solana debut, DSCVR has established partnerships with select alpha integrations, including Magic Eden, FamousFoxFederation, Blocksmith Labs, and SharkyFi. These partnerships will facilitate digital asset transactions within the DSCVR feed, communities, and user-curated galleries.


In the month following the launch, DSCVR will spotlight its launch partners from the Solana ecosystem, a diverse lineup including MonkeDAO, Solcasino, Smyths, Meegos, YakuCorp, Aurory, CyberFrogs, StonedApeCrew, and many others. The marketing campaign will feature a different community each day, offering airdrops, giveaways, and engaging activities.


Alexa Smith, Beacon Fund Manager at Polychain Capital, emphasized the importance of innovating beyond traditional social media when it comes to Web3. She noted, “DSCVR has been able to grow their user base by doing just that – enabling web3 projects and crypto communities to curate novel social experiences and transact directly on a social platform. We are excited to see DSCVR SocialFi expanding to new ecosystems.”


Official Launch Party at Solana Breakpoint Conference


To celebrate the launch, DSCVR is hosting an official launch party on October 31st at Soho House during the Solana Breakpoint conference in Amsterdam. This event provides an opportunity for DSCVR to connect with the Solana community, further solidifying its presence within the ecosystem.


DSCVR’s expansion to the Solana Ecosystem signifies the growing interest and investment in the potential of blockchain and crypto in redefining how social media and online communities function. The fusion of social and financial functionalities on DSCVR offers users a unique and innovative platform to engage, build communities, and transact within the burgeoning Web3 landscape.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.