Wormhole3 releases ver0.4 alpha, becomes the 2nd largest DApp on Steem social blockchain
The Wormhole3 team has been exploring the development of blockchain-based social applications since the end of 2018 and launched WhereIN on the Steem blockchain in January， 2019.
In 2020, our team launched Peanut (a staking DAO), and created Nutbox (a staking DAO creation platform) in the following year. The TVL reached 36 million US dollars within 17 days of its launch. Nowadays, Wormhole3 combines DAO with Social to explore Web3 social in a new way.
01 Social DApp for Web2 users to use seamlessly
Wormhole3 chose to support the Steem blockchain first. Steem blockchain's multi-level accounts, third-party application payment gas fee, decentralized account authorization, etc., can make the Steem blockchain directly connected to the Web2 platform, making Twitter and other Web2 social platforms become the application side of the social public chain Steem ( front end).
This "Web2 platform as the front end and blockchain as the back end" approach allows Web2 users to enter the crypto world seamlessly, laying the foundation for Crypto to introduce the next 100 million users.
Web2 users only need to log in to Wormhole3 once (mobile phone or PC is acceptable, no plug-in required), and
- Send tweets with instructions on the chain, and store their social content and interactions on the Steem blockchain;
- Transfer cryptocurrency via "reply + @friend" on Twitter;
- Accept rewards from BSC/Polygon/Moonbeam/ENULS/Steem and other blockchain cryptocurrencies;
For Steem blockchain users, after logging in to Wormhole3, while tweeting, the content can be synchronized to the Steem blockchain.
02 Core Functions
Wormhole3 already supports the Steem blockchain, and the Alpha version (Ver0.4) mainly has the following functions:
2.1 Post Tweet On-chain
Anyone who logs in to Wormhole3 once can easily post tweets on-chain, as shown in the figure:
In addition, you can also post tweets to different on-chain communities. For example, by adding #crypto in the figure, the tweet is posted to the #crypto chain community
2.2 Tip cryptocurrency to content creators
Anyone can tip cryptocurrency for any tweet on the Wormhole3 page, as shown in the figure:
Wormhole3 supports tip directly with Polygon/BSC/Moonbeam/ENULS/Steem’s on-chain assets.
2.3 Earn cryptocurrency through curation
Users who curate (quote/like/retweet/reply) any post on the Wormhole3 Curated page will be rewarded with the corresponding cryptocurrency.
Rewards will be distributed after the curation ends, and users can claim rewards on the wallet page.
2.4 Create curation for quality tweets
The curator who holds the curation creation NFT can quote any tweet, and add #iweb3 #curate to the quoted content to create a curation for the tweet. Once a curation is created for a tweet, other people who quote/like/retweet/reply to this tweet on Wormhole3 can get rewards in cryptocurrency.
03 Wormhole3 Curator Support Program
In order to support Steem enthusiasts to use this new way to publish content to the Steem blockchain, Wormhole3 is looking for 5 curators in the Steem community.
- The curator likes any post that tweets (with #iweb3) on the Steem blockchain
- @nutbox.mine @wherein likes the curator's upvote behavior and likes the post upvoted by the curator
Wormhole3 will also tip randomly to posts on the Steem blockchain in this way.
Detailed guide : https://alpha.wormhole3.io/#/userguide
1/ Register Wh3
2/ Post tweet on-chain
3/ tip cryptocurrency to creators