SOEX launches an innovative social network relationship protocol "Sketch," creating new scenarios for on-chain community interaction

Industry Express
2024-10-22 23:49:37
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SOEX has launched an innovative social network relationship protocol "Sketch" based on two innovative assets - CVT and HVT. Users can not only mint these assets but also create additional income sources through these assets and the SOEX protocol. This mechanism not only increases interaction among users but also brings more profit opportunities to the community, KOLs, and ordinary Web3 users, thereby promoting the development of the entire social trading ecosystem.

SOEX, a Web3 instant messaging platform that provides a comprehensive social trading experience, aims to offer a more advanced way of social trading. Now, SOEX has launched a brand new user income model designed to promote long-term community engagement and incentives.

SOEX enhances the social trading experience on its platform by optimizing user trading strategies through the addition of groups and tools, facilitating trading through more efficient pathways, and optimizing user income models. It provides a series of infrastructures for communities joining SOEX that are stable, sustainable, and capable of generating long-term benefits.

SOEX has introduced an innovative social network relationship protocol called "Sketch," based on two innovative assets—CVT and HVT. Users can not only mint these assets but also create more income sources through these assets and the SOEX protocol. This mechanism not only increases interaction among users but also brings more profit opportunities to communities, KOLs, and ordinary Web3 users, thereby promoting the development of the entire social trading ecosystem.

About CVT and HVT

The new social network relationship introduced by SOEX changes the traditional method of obtaining one-time or small rewards solely through invitations; of course, this traditional method has been widely adopted in various projects, but it often struggles to maintain user engagement and activity over long periods. Therefore, SOEX has launched a more innovative strategy by introducing two core assets: CVT and HVT.

CVT (Community Value Token), which stands for Community Value Token, is an asset with value binding, smart accounts, SNS, on-chain community, and other attributes. When users mint CVT, each successful minting of CVT triggers the generation of a $SOEX (platform governance token). Of the produced $SOEX tokens, 20% will be airdropped to the minter, while the remaining 80% will be allocated to staking, liquidity provision, and other key areas within the ecosystem. CVT holders can deploy HVT by sharing minting links with community members and other potential new users. Additionally, CVT holders can enjoy other benefits, including receiving a portion of staking rewards, earning fees during the follow/unfollow process of HVT users, and enjoying extra rewards on the platform (such as trading airdrops).

HVT (Holder Value Token), which stands for Holder Value Token, is another key asset supporting this innovative protocol, aimed at expanding the social network of on-chain communities. Users can follow an on-chain community and mint HVT through exclusive links to earn HVT staking rewards. Furthermore, as the value of HVT rises, its holders can also profit from it. Additionally, other revenue-generating methods supported by the HVT protocol will be available, such as obtaining loans and providing liquidity to SOEX or other projects adopting the SOEX protocol to gain extra income from liquidity provision.

The combination of CVT and HVT with SOX points (the interaction and trading incentive mechanism for users on the platform) and the $SOEX token collectively builds a balanced and efficient value system that benefits various users of the platform and supports sustainable development.

Target Audience for the Innovative Protocol

In simple terms, this protocol's innovation is designed specifically for the Web3 community. It is well-known that the core of the crypto industry lies in its community, where numerous KOLs, analysts, or experienced traders have their loyal followers. This protocol supports them in forming on-chain relationships with their followers through CVT and HVT while earning sustainable income.

At SOEX, users can also enjoy more unique features, such as joining consensus groups for holdings, using various trading tools, trading in different scenarios, and obtaining airdrops. Overall, the launch of this protocol, combined with SOEX's products, provides better communication, collaboration, and profit opportunities for various crypto enthusiasts and digital nomads.

It is worth mentioning that all platform activities, including the minting of CVT and HVT, are closely related to $SOEX. With the generation and release of $SOEX, its liquidity increasing and expanding, and future exchange listings, early participants will have a more significant advantage.

About SOEX

SOEX is a social trading platform that serves as an integrated solution for Web3, perfectly combining social features, trading, and income strategies to provide traders with everything they need. The platform is built on protocols such as Nostr+, TradeDivi, and Sketch, and integrates with Solana, becoming an innovative crypto trading aggregation tool that cleverly merges social characteristics with professional trading functions, dedicated to creating a comprehensive and convenient trading experience for users.

The platform offers public and private groups, price change and new coin listing notifications, convenient connections to CEX, DEX, and DeFi (currently including Binance, OKX, Gate.io, and XT exchanges), a wealth of tools, and diversified income models.

Current Platform Data:

  • User Addresses: Over 100,000
  • Total Trading Volume: Over 100 million USDT
  • Community Distribution: Malaysia, Vietnam, Thailand, Indonesia, South Korea, Japan, UAE (Dubai), Nigeria, Turkey, Russia, Germany, etc.

The SOEX team is committed to building SOEX into a one-stop social trading center, helping users save time, improve efficiency, and achieve higher returns in trading and other incentive mechanisms.

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