SO...WHAT ARE NFTs?

NFT, short for Non-Fungible Token, is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded.

A banknote is techincally also an NFT, because it has a unique number and can be exchanged for goods and services. The difference is the ledger where it is registered, is online; on the blockchain.

Types of NFTs may be associated with digital files such as photos, videos, and audio. But soon they will be used for many more things in the real world, not just online.

barriers to entry

on other platforms

1 They are difficult to access - you have to go through complicated steps to get your crypto wallet set up and verified .
2 Expensive “gas fees” - Transction fees are generally quite high, on average $100 dollars to buy an NFT.
3 Not eco-friendly - Crypto uses a lot of machine and electricity power to run these transactions and many users have concerns about the eco-friendliness of NFTs.

THE GOOD NEWS IS

WE HAVE THE TECH TO MAKE THIS ACCESSIBLE, AFFORDABLE & ECO-FRIENDLY. here’s how:

SCALABILITY

Our platform is powered by @StarkWare Ltd, optimised for first-time crypto users, they are the brilliant minds behind some of the biggest web3 platforms. So we are in safe hands.

ONBOARDING

We offer smooth onboarding for creators, and fans. We have created a seamless experience for users to sign up, login and get set up easier than any other web3 platform.

DIDs PROTOCOLS

Our protocol offers cross platform interactions and uses DIDs to authenticate and verify the users on our platform. We only want real, genuine members of the community.

SO-COL CHAIN

We will be launching our own token, based on our own SO-COL chain. This will be used to incentivise more engagement and further the rewards to our community members.

Roadmap

MAY

JUNE

JULY

August

White LabelDemo Completed First SO-COL powered project liveAdded functionality - pay with ethereum More projects deliveredProduct completion - full automation Scaling to more projectsMore services including community building and marketing in support of white label clients
SO-COL AppInternal testing begin Function supported (minting of social collectible, NFT gated public chat and private chat)External testing begin Influencer onboardingLaunch of SOCOL platform v.1More features added (proposal + voting + badges)
Global MarketUI design begin Backend and front end development beginGlobal market v.1 completion and internal testing begin (BNB and Eth supported)Public testing of global market v.1Launch of global market

WELCOME TO THE FUTURE