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2 min read
WHAT IS SIMP TO EARN?
SO...We've been talking about the term "simp to earn" since last year, but what does it mean exactly? In web2 platforms like Instagram, OnlyFans, or Patreon, the value flows one way: from the creator to the fans. At SO-COL, we're making it a two-way thing. Furthermore, it can be difficult, even for a mega-fan, to get noticed by the creator. The biggest fans, or "simps", aka fangirls or megafans, need an outlet for their big simp energy. Like K-pop stans (aka superfans) who band together to buy huge "happy birthday" billboards for their idols. The fangirls have undeniable power. But the question is, does their idol really want a billboard? Or would they rather use that energy for good? Until now fans lacked direction. That's why we started SO-COL. A community-centric platform for fans and creators to unite for good.With @socol_io and @0xIreneDAO, we want to prove that a better model is possible. Using web3 technologies, most notably NFTs, creators can build communities and share their vision directly with their fans. And the fans can be a part of the conversation. It gives them a collective purpose. A direction. #simpdirection Be it charitable causes they support, or it something more personal. This creates a "senpai notice me" effect, where the fans are now incentivised to direct their simp energies into initiatives that align with the creator's vision. The simps want to support. They really really do.How does it work? Well the biggest simps and fangirls can buy the creator's community NFTs in order to get access to the community where they can discuss and create proposals on how to better align with the creator's ideas and vision. This is good for both sides. On one hand, the creators gets to see their followers channeling their energies into something meaningful to them. And for the fans, they get acknowledgement by working on initiatives that represents the creator and their fellow community. The simps go forth with pride and it builds with every new initiative and collaboration. They have purpose and feel part of a community that has the same goals and values. Now, being a superfan means a whole lot more. They're no longer just simps, they're simps with big hearts through these causes they support. The more they simp, the more initiatives they start, the greater the value of being part of the community, and naturally more people will want to join them. A higher demand means a higher valuation for the NFTs that grant ownership of the community via governance: this is how they "earn". This is how everyone wins.For simp to earn to really take off, we need the tools to support and encourage these interactions, and we need to make them more accessible to the web2 crowd. This is where SO-COL comes in. We are building it on our own L2 powered by @StarkWareLtd that is optimised for first-time crypto users. We offer direct onboarding to L2, fiat (aka real money) / stablecoins (coins tied to real money) converted to NFTs and back. And a one-click sync from users' existing web2 accounts via DIDs, and a lot more.Web3 terms translated:fiat - real moneystablecoins - coins tied to real moneyDIDs - Decentralized identifiersOn our platform, users can mint NFTs for $1, which covers all fees, stores metadata on the permaweb, offsets the carbon footprint, and even plants a tree. #Muchwow. We did not need to learn HTTP to use the internet and we should not expect web2 users to understand how NFTs work in order to benefit from the technology. We believe that by bringing NFTs and DAOs into the hands of all creators, we can bring about the future of the creator economy: a place where we can simp to earn.
SO-COL
A web3 social platform made for creators, brands and communities. Collab, connect and grow, together, with the power of web3 and NFTs. We’re making it SO-EASY.