This SocialFi platform pioneers dynamic NFTs to improve user experience and empower creators

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Nonfungible tokens (NFTs) have not only made a significant impact on the world of blockchain gaming and digital art, but they also hold the promise of revolutionizing other aspects of Web3, with social media presenting fertile ground for their potential to flourish.

Decentralized social media can leverage a special category of NFTs — dynamic NFTs — to engage audiences and provide unique experiences.

Dynamic NFTs are blockchain-based tokens equipped with unique identifiers that possess the ability to evolve over time, adapting to external inputs and conditions. These NFTs can be programmed to undergo transformations upon fulfillment of predetermined conditions. For instance, they can conceal "hidden traits" that emerge at specific points in time or upon specific actions undertaken by holders, unlocking novel avenues for customizable experiences and interactive engagement.

Leveraging dynamic NFTs

Pop Social is a blockchain-based SocialFi ecosystem that has adopted dynamic NFTs and has recently launched an updated collection.

Pop Social aims to onboard the next billion users to Web3 by democratizing content ownership and supporting the creator economy. The platform aims to address the major challenges of traditional social media platforms, which monetize user data and redistribute it to third parties. By using NFTs and the underlying blockchain infrastructure, Pop Social transfers the control over data back to users, solving privacy and inequality issues.

Recently, Pop Social launched a unique collection of NFTs called Popbits. The Genesis Popbits were designed to improve user experience, promote fair engagement, and contribute to a healthier NFT ecosystem. The Genesis NFT collection includes 1,000 dynamic Popbit NFTs.

The dynamic aspect of Pop Social’s NFTs is associated with future accessories, enabling holders to unlock and embellish their NFTs with additional features. By introducing Accessory NFTs, Pop Social introduces the aspect of gamifying social interactions, boosting engagement on the platform, and offering loyal users a way to earn more.

Source: Pop Social

NFT collection with multiple utilities

Despite the high demand for Genesis NFTs among Pop Social users, the NFT collection will launch on a first-come, first-served (FCFS) basis for all whitelisted individuals and comes with many utilities:

Boost PPT Earning — By holding a Popbit NFT, the owner can significantly boost their PPT earning rate. The more Pop NFTs they hold, the more PPT they can earn.Early participation badge — the Genesis NFT collection includes NFTs that display badges for early participation, demonstrating early involvement with the Pop Social platform.Whitelisting — Popbit NFT holders have the privilege of easier access to upcoming NFT collections and drops.Priority access to accessory NFTs — holders of Genesis NFTs will also be the first to access upcoming accessory NFTs and Treasure Chests. This is one of the aspects that make these NFTs dynamic.Founding member of Pop DAO — Popbit NFT holders automatically become founding members of Pop Social’s decentralized autonomous organization (DAO), having voting rights and the ability to have a say in the next developments of the Pop Social DApp and ecosystem.Exclusive merch — last but not least, Popbit NFT holders will benefit from exclusive access to Pop Social’s unique merchandise. Users can get limited edition items that demonstrate their dedication to the Pop community.

The Popbits made their debut as the first Genesis NFT collection. Anyone could mint a Popbit, but accessing the Accessory NFTs to obtain PPT earnings boosts comes with a little more excitement. The latest feature on the Pop DApp, Treasure Chests, gives users a one-in-four chance of claiming an Accessory NFT.

Opening a Treasure Chest grants users a random prize from a pool of potential rewards, including Accessory NFTs with varying rarities, whitelist spots for upcoming NFT launches, PPT giveaways, and physical merchandise with varying levels of exclusivity. Rare Accessory NFTs offer a higher PPT earning boost on the platform.

To ensure the seamless accessibility and interoperability of Popbit tokens, Pop Social chose the Ethereum blockchain as the foundation for its ERC-721 tokens. This decision was driven by Ethereum’s well-established infrastructure, extensive user base, and robust support for NFT trading. By leveraging Ethereum’s strengths, Pop Social facilitates the seamless exchange of Popbit tokens on secondary marketplaces such as OpenSea, OKX, and Blur.

Learn more about Pop Social and its NFT collection

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