Quick Overview: Socrates Beginner Guide for New Players

Socrates
2023-12-07 10:55:38
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Socrates is a highly compatible product that balances social attributes and gaming attributes.

Author: Socrates

What is Web3 Socrates

'Socrates' is a blockchain-based global Web3 social media and entertainment platform that integrates Social-Fi and Game-Fi. Users can earn rewards by participating in multiple-choice discussions, debates, and sharing knowledge. Socrates aims to inspire people to engage in dialectical thinking on any issue, breaking the boundaries of dialogue and knowledge under the principle of rewarding knowledge sharing, empowering individuals to share their perspectives and shape the future through diverse viewpoints.

At this point, you may still have questions about the overview of Socrates and be somewhat unclear about its use cases. What exactly is the purpose of Socrates? What can I gain from Socrates?

What value can I gain from Socrates?

Rich and Interesting Social Scenarios:

  • By joining Socrates, you can unlock various social modes:
  • Become a questioner: Users can easily create questions with fixed-option answers and find like-minded friends. The types of questions are unlimited, covering various fields (such as daily life, shopping, movies, economics, politics, science, etc.).
  • Become a question responder: Users can answer any question by selecting specific answers; additionally, they can provide reasons, like others' reasons, comment replies, and more, enriching the social scene.
  • You can gain any knowledge and experience through Socrates, enriching your life;
  • You can invite your friends to join, energizing your community! And have the opportunity to enjoy a larger prize pool.

Energy Monetization:

  • Here, "energy" refers to "points" and "pens." The "SBT pen" is a basic requirement to become a formal member of Socrates; you need "points" to ask questions, comment, like, and support.
  • In Socrates, you can earn corresponding real rewards through interactions such as asking or answering questions. Different levels of SBT/NFT pens and different reward activities will yield different rewards; you also have the chance to receive airdrop rewards.

How to Join Web3 Socrates

A total of 4 steps

  • Step 1: Download the Socrates APP
  • Step 2: Register as a Socrates user and bind a specific blockchain wallet
  • Step 3: Purchase pens and buy points to become a formal member of Socrates
  • Step 4: Activate social mode; you can choose to become a questioner or responder and strive to earn rewards through interaction.

(1) Download the Socrates APP

APP download guide, choose the download link based on your device:

(2) Register as a Socrates User

Step 1: After opening the Socrates APP, click the yellow wallet icon in the upper right corner to enter the "Register" interface, agree ☑️ to receive communication rules, and proceed to "Next."

Step 2: After entering the "Wallet Registration" interface, choose "Create Wallet" or "Import Wallet" based on your actual situation.

Step 3: If you do not have a wallet, please click "Create Wallet," then enter the wallet creation interface. First, select the network you want to register (currently only supports Polygon or Ethereum; once the network is selected, it cannot be changed. BNB Smart Chain Mainnet, Optimism, Arbitrum One, etc. will be launched later.), then fill in the invitation code, and finally click confirm.

Step 4: After confirmation, you need to set a password and confirm the password. Then enter the third image; make sure to record your mnemonic phrase, and finally click "Confirm" to complete the registration.

Step 5: Now you only need to set your "nickname" and select the content you are interested in to officially start your Socrates experience.

(3) Become a Formal Member of Socrates

Before you start using Socrates, you need to have underlying "energy" - purchasing "points" and "pens" to begin social interactions; any interaction in the Socrates app, including asking questions, voting, commenting, liking, and supporting, requires contributing a certain amount of points. 1 point = 1 USDT, permanently redeemable in both directions.

How to Successfully Obtain "Pens" and "Points"?

  1. Deposit "USDT" and Matic (or ETH) into your wallet address:
  2. Click the yellow wallet icon in the upper right corner to enter the wallet interface;
  3. Click "Deposit," and a deposit QR code and wallet address will pop up; copy the address;
  4. Directly purchase USDT on a centralized exchange (such as Binance, OKEx, etc.), then select withdrawal, paste your withdrawal wallet address (the address copied in the previous step), choose the network of your registered account (Polygon or Ethereum), confirm the withdrawal, and wait a few minutes for it to arrive.
  5. If you choose the Polygon network, you will need to use Matic as GAS during your Socrates experience, so you also need to deposit some Matic. If you choose the Ethereum network, you will need to use ETH as GAS.
  6. After purchasing USDT on the centralized exchange, directly exchange USDT-Matic (or ETH) trading pair for Matic (or ETH) on the exchange, then select withdrawal, paste your address, choose the Polygon network (or Ethereum network), confirm the withdrawal, and wait a few minutes. (It is recommended to register a Polygon account to experience the game, as the GAS fees are more economical).
  1. Obtain "Pens" and "Points":
  2. Click the yellow wallet icon in the upper right corner to enter the wallet interface;
  3. Click "Purchase"
  4. Purchase the "pens" or "points" you need.

Next, you will officially become a Socrates member and start your Socrates journey! Here’s a little tip for navigating Socrates: If you want to have a light experience first, it is recommended to initially deposit 12 USDT (including purchasing "Basic SBT Pen" for 10 USDT + "Points" for 2 USDT), which can basically meet various needs for your first experience with Socrates.

In addition, the higher the level of the "SBT pen," the different rights you have whether you are a questioner or responder. The higher the level, the higher the rights (the proportion of prize pool sharing). Different levels of pens have different prices, can participate in different numbers of votes, and can customize the contribution points (i.e., the energy required for other users to participate in the question) range, which will ultimately affect the prize pool and rewards. Besides purchasing SBT pens, when purchasing SBT pens, you have the chance to receive NFT pen airdrops, and you can also directly purchase NFT pens on OpenSea to enjoy more rights.

  • SBT Pen: Uses the ERC1155 protocol, issued without limit, one address can only hold one SBT pen, can be upgraded but not transferred;
  • NFT Pen: Uses the ERC721 protocol, with a total issuance of 500,000 pieces, 100,000 pieces on each chain of Polygon and Ethereum. One address can hold multiple NFT pens and can be transferred.
  • Each NFT pen held contributes points *2 during questions, and the reward coefficient is stacked (holding multiple NFT pens accumulates rewards, up to 10). Holding NFT pens may receive additional airdrops in the future.
  • The question prize pool has a separate prize pool for NFT pens, and holding NFT pens to participate in games will yield more rewards.
  • Using NFT pens to support ordinary questions, the support for rewards, one NFT pen's support is equivalent to supporting 100 points.

*Due to product iterations and optimizations, please refer to the Socrates white paper for the latest detailed information on SBT/NFT pens.

(4) Activate Social Mode and Strive to Earn Rewards

In Socrates, you can be both a questioner and a responder. Users can engage in the following interactions on Socrates and have the opportunity to earn different awards based on different social interactions:

  • Create questions
  • Vote: Choose the answer you agree with; you can choose A or another answer. Therefore, it is recommended to choose based on your actual situation and needs!
  • Comment: Share your thoughts on the answer you selected
  • Reply to comments: Respond to others' comments
  • Like: Like others' comments to express support
  • Support: Bet points on questions or use NFT pens to support, helping the question become a trending question.

About "Questions"

In Socrates, anyone can ask questions and design different options. Users can customize the deadline for the questions, and after the deadline, users will not be able to answer the question. During the question's validity period, based on the popularity of the question, ordinary questions have the chance to become trending questions. Each question has a point prize pool, ensuring that the questioner can receive a certain share. When a question becomes a trending question, the prize pool will generally increase. In addition, the system will share the previous day's SBT pen sales and upgrade profits with the questioner, so questioners of trending questions can receive more rewards.

Ordinary Questions: All questions start as ordinary questions. After the question deadline, based on other users' interactions with the question, including voting, commenting, liking, and supporting. In addition to providing rewards to the questioner, the ordinary question prize offers dialectical rewards, like rewards, and reason rewards, calculated by the system through specific algorithms, determining the rewards each user participating in the question can receive.

Trending Questions: When ordinary questions attract more attention and become "trending questions," in addition to the aforementioned awards, users who support the question with points or NFT have the chance to receive support rewards. If the question does not become a trending question, all support points will be returned to the supporting users.

About the Prize Pool

The total prize pool is determined by the points bet by all users participating in the question, minus platform fees. The total prize pool is divided into different awards based on the following proportions. After the question ends, different algorithms will select users eligible for awards and distribute the prize pool to those users. Users' eligibility for awards and the distribution ratio will depend on various factors such as the answer chosen, interaction time, total participants in the question, etc. However, in general, the more actively you interact, the more award opportunities you can create!

Of course, the number and level of pens determine your incentives. This means that if you qualify for a certain award, the number and level of your pens will determine the proportion of the prize pool you can share. The actual proportion depends on how many people qualify for the award and the number and level of pens others hold.

*Due to product iterations and optimizations, please refer to the Socrates white paper for the latest prize distribution methods.

In Summary

Socrates is a highly compatible product that balances social attributes and gaming attributes. In Socrates, you can obtain rich social scenarios with a small amount of USDT. In this process, you can gain knowledge and traffic, and ultimately you will receive corresponding incentives.

Register now and use the invitation code 8kbe8hsq at app.socrates.com to experience exciting interactions and discussions on Socrates.

Learn More:

Official Website

White Paper

Twitter

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