TangleSwap and GroupFI Partner to Unlock SocialFi for VOID, Souls, and Genesis NFT Holders

TangleSwap, the premier decentralized exchange (DEX) on the Shimmer network, has partnered with GroupFI, a socialfi platform, to unlock socialfi for users. This partnership will allow $VOID, Souls, and Genesis NFT owners to engage and share insights in dedicated channels with like-minded people, directly on their favorite platform.

Socialfi is a new blockchain-based paradigm that combines the power of social media with the decentralized finance (DeFi) ecosystem. It allows users to earn rewards for their participation in social activities, such as creating content, sharing information, and building relationships.

The partnership between TangleSwap and GroupFI will bring the benefits of socialfi to the Shimmer network. Users will be able to connect with other VOID, Souls, and Genesis NFT holders in dedicated channels, where they can share ideas, ask questions, and learn from each other. They will also be able to earn rewards for their participation in these channels.

This partnership is a major step forward for the development of socialfi on the Shimmer network. It will make it easier for users to connect with each other and build a strong community around the VOID, Souls, and Genesis NFT projects.

In addition to the dedicated channels, TangleSwap and GroupFI will also be working together to develop other socialfi features, such as gamification and staking. These features will further incentivize users to participate in the socialfi ecosystem and help to grow the community.

The partnership between TangleSwap and GroupFI is a significant development for the Shimmer network and the socialfi ecosystem as a whole. It is a sign of the growing interest in socialfi and the potential of this new paradigm to revolutionize the way we interact with each other online.

How the Partnership Works

The partnership between TangleSwap and GroupFI will work as follows:

  1. Users will connect their VOID, Souls, or Genesis NFTs to their TangleSwap accounts.
  2. They will then be able to join dedicated channels for each NFT project.
  3. In these channels, they can share content, ask questions, and learn from each other.
  4. They will also be able to earn rewards for their participation in these channels.

The rewards that users can earn will vary depending on the channel and their level of participation. However, they could include things like tokens, airdrops, and access to exclusive content.

Benefits of the Partnership

The partnership between TangleSwap and GroupFI will offer a number of benefits to users, including:

  • The ability to connect with other VOID, Souls, and Genesis NFT holders in dedicated channels.
  • The ability to earn rewards for their participation in social activities.
  • The ability to access exclusive socialfi features and rewards.
  • The ability to support the development of the Shimmer network and the socialfi ecosystem.

Also read: Shimmer’s UTXO-based DAG ledger: The future of blockchain scalability for DeFi, gaming, and supply chain management

Future Plans

TangleSwap and GroupFI are planning to further develop the partnership in the future. They are working on adding new features, such as gamification and staking, and expanding the number of NFT projects that are supported.

They are also working to educate users about socialfi and its benefits. They believe that socialfi has the potential to revolutionize the way we interact with each other online, and they want to help users make the most of it.

Conclusion

The partnership between TangleSwap and GroupFI is a major step forward for the development of socialfi on the Shimmer network. It is a sign of the growing interest in socialfi and the potential of this new paradigm to revolutionize the way we interact with each other online.

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