Web3 innovative SocialFi platform Socrates launches ERC-721 standard pioneer pen, with a first-day trading volume exceeding 200,000 USD

ChainCatcher news, SocialFi "Debate to Earn Points" platform Socrates, made a significant iteration yesterday, transforming the existing ERC-1155 standard SBT pen into the ERC-721 standard Pioneer pen, welcoming unique and tradable NFTs, and opening up a trading market within the app. On the first day of the Pioneer pen launch, it surpassed a trading volume of 200,000 USDT. Currently, the minimum price for a Level 1 pen is 14 USDT, the minimum price for a Level 2 pen has reached 258.88 USDT, and the minimum price for a Level 3 pen has risen to 398 USDT.

The launch of the Pioneer pen is part of Socrates' strategy, which aims to create a comprehensive 360° instant rewards ecosystem that encourages users to actively participate through interactions on various platforms and incentivizes users to engage in the ongoing SOC token airdrop competition. At the same time, Socrates has also introduced a new feature called Pop Quiz. Users can interact with questions from other users within 30 minutes, and the correct answers (determined by the questioner) will be revealed immediately. If the vote is correct, participants can win prizes instantly, and the question will close; however, if the vote is incorrect, the questioner will receive the participants' points.