Solana Launches Solcial, Its First Social Media Network

Solana has officially launched Solcial, its first social media network on its mainnet today. Solcial has been running since November but access was previously limited to invited users. The network has about 1,200 users onboarded and is now available for all Web3 enthusiasts and creators to explore.

Solcial is a social media network that allows users to create content, share with friends, and get rewarded. The network operates on an “invest-to-subscribe” model. This model allows creators to mint and sell their tokens to their followers.

The creators can even make their content exclusive to users who have a certain amount of their tokens. Every user on Solcial can mint and display NFTs on the platform, giving everyone an equal opportunity to create and make money.

Parker Hoeppner, Solcial’s Communications

Lead commented on the launch saying:

“We felt the Web3 crypto generation needed a platform that wasn’t just building with a few crypto features but was solely crypto-focused. By looking towards new ways we can be decentralized and censorship-resistant we are confident creators will feel comfortable that their revenue streams won’t be interrupted by sudden bans or demonetization tactics that Web2 platform has implemented.”

The network is rolling out a data structure called IPFS that will allow users to post content without being censored. However, there will be some community moderation on the platform. The application is currently available on the iOS and Android application stores.

Solana is a blockchain protocol designed to build decentralized, scalable, and secure applications. It has low network fees and processes more transactions than the average blockchain. This makes it more preferred than Ethereum and Bitcoin. According to CoinMarketCap, Solana has a market capitalization of $11.98 billion.

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