Firefly announces the establishment of a $1 million community fund

Source: Firefly

Firefly is a cutting-edge decentralized social application built by Mask Network, aimed at fundamentally changing the traditional centralized social network model. By combining the advantages of web2 and web3, Firefly provides users with a unique heterogeneous social feed that seamlessly presents on-chain and off-chain content in a smooth manner, eliminating the need for users to jump between various social islands, making it a mobile home for users on their Web3 journey:

• A social feed covering both Web2 and Web3 content. Whether it's Twitter tweets, Lens posts, NFT on-chain activities, or whale movements, Firefly will provide the latest content in real-time.
• Designed specifically for mobile. Inheriting the experience and philosophy from the inception of Mask products, everything is organically integrated into Firefly's mobile application, aiming to create a mobile home for users in Web3 from the very beginning of the design.
• A native decentralized product. Upholding Mask's consistent decentralized philosophy, it is based on the people, not serving specific enterprises or nations. Firefly will build around users' wallets + identities, NFTs + tokens, as well as DAOs and communities, ensuring that users control their future in the Web3 world.

Reclaiming Social Networks

Firefly is essentially assisting users in reclaiming their social networks, which are social assets built through countless interactions, shared experiences, and profound conversations on Web2 platforms.

From the moment it integrated decentralized protocols, Firefly has aimed to take on the responsibility of being a sanctuary for social assets, allowing them to be preserved and grow according to users' wishes, no longer imprisoned by centralized giant platforms.

With the power of decentralized networks, Firefly has also become a leader in the network nation movement, establishing a new civic square based on transparency, collaboration, and shared values.

Firefly Community Fund

As Firefly enters a new phase, it officially announces the establishment of the Community Fund, aimed at assisting the rapid development and launch of the early ecosystem, and focusing on creating a vibrant organic community that allows more people to participate and grow alongside Firefly.

The first significant contribution to the community fund comes from Mask Network, equivalent to $1,000,000 worth of tokens, which will be used to support Firefly's early growth and innovation.

Respect for Pioneers and Contributors

Firefly places great importance on early adopters and ongoing contributors. With the support of the community fund, a series of activity plans have been launched to give back to early participants, active users, and core contributors.

Currently, some of Firefly's activity plans are as follows, where users can gain product usage qualifications and future rights by participating in early activities:

• Join the Waitlist

  The product is not yet officially open, but you can join the "waitlist" here. Firefly will periodically release a certain number of usage qualifications! You can also improve your queue position by inviting friends, thus obtaining qualifications faster.

• Discord OG Identity

  Users can now join the Firefly Official Discord**, and after verification, enter the *#Special-Roles-Claim* channel to claim a limited-time OG identity according to the instructions. OGs not only have the opportunity to obtain **usage qualifications earlier but will also enjoy certain future rights.

• Firefly Midsummer Night (Coming Soon): Firefly will launch a series of activities in the summer, where users can gain usage qualifications through participation, and even unexpected rewards.

• Firefly Points System: 【Not Yet Announced】 ;

• Limited-Time Quests: A series of Quest tasks, where completing tasks will earn unique NFT rewards and future rights;

• Plan: T2E: Firefly's first Test-to-Earn event, where using and experiencing the product will provide opportunities to win prizes, with part of the community fund allocated for this activity;

• Special NFTs: Important NFT series in the Firefly ecosystem, which will have unique rights and meanings;

• Lucky Draws: Regular invitation code draws will be held on Twitter and Discord, where users can try their luck.

The Future of Firefly

Since its establishment in 2017, Mask has been committed to building a decentralized application bridge that connects the Web 2.0 and Web 3.0 eras. Soon, users will be able to glimpse an organically integrated social ecosystem within Firefly, which includes some unique features:

• Lens ecosystem aggregation. The information flow becomes more interesting only when real interaction and dialogue can occur. Soon, users will be able to interact authentically with the Lens ecosystem on Firefly, such as posting (Post) and mirroring (Mirror);
• New NFT interaction methods brought by RARA. Since the RARA team joined Mask, Firefly has begun deep collaboration and integration with them, and we can expect more new ways to interact with NFTs, such as comments and interactions.
• Active Web3 community aggregation. From Twitter, Lens, Farcaster, Mirror, and Snapshot to NFTs and global communities, Firefly is continuously engaging in active collaborations with various communities, and recently established a long-term partnership with one of Japan's largest crypto communities, Kudasai!