3 weeks ago
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Social Network, a caller Bitcoin layer-2 staking network, is acceptable to motorboat connected April 22 to code concerns implicit Bitcoin’s vigor consumption.
Developed successful collaboration with Earth Wallet, a self-custody level for Bitcoin and Ethereum, Social Network seeks to heighten Bitcoin transactions’ ratio and trim associated vigor costs.
Unlike accepted societal networks, Social Network focuses connected creating a decentralized inducement system to beforehand biology engagement.
Source: Social NetworkHow does Social Network work?
Users tin enactment by engaging successful outdoor activities, specifically by visiting parks and interacting with the Earth Wallet app.
Sukhveer Sanghera, CEO and Core Contributor to Social Network, explained: “Essentially, the mode you tin go a portion of Social Network and this question that we’re hoping to make is by going and touching grass. So, you tin download Earth Wallet today, and it volition way you to your closest parkland wherever you tin drawback a Regens quality and you tin go a portion of this just launch.”
The app features an AR mode wherever users tin seizure region-specific NFT characters by tapping a “touch grass” button. These NFT characters, called Regens, are distributed based connected factors similar colonisation density and vigor depletion successful antithetic areas.
The task has opened aboriginal entree to prime contributors and Bitcoin Regen holders, with plans to unfastened it to the nationalist connected April 14.
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