Socrates, a Web3 social media and entertainment platform, has launched on multiple blockchains following a successful testing phase. With thousands of signups already, the revolutionary app will offer users globally the ability to earn substantial rewards by actively participating in multiple-choice Q&As, debating openly and sharing knowledge.
Socrates empowers individuals to discuss any topic, including politics, sports, crypto, and entertainment. Utilizing an innovative and intuitive UI, users can easily create and answer multiple-choice questions in-app, giving and liking reasons to further support their viewpoints.
The organization combines the best of SocialFi and GameFi, built on the principle of rewarding knowledge-sharing and promoting dialogue, with a mission to engage dialogue and foster community. With mainstream media controlling narratives and directing much of collective human thought, Socrates gives users a platform to think freely about issues and combat misinformation common in Web2 social media.
Built on the principles of decentralization and inclusivity, Socrates integrates the benefits of blockchain technology and NFTs to establish a unique incentivized ecosystem. User interactions contribute to a question’s prize pool, already reaching over 1000 points, with potential rewards distributed upon the question’s closure. Meaningful discussions and unique perspectives during deep debates can earn users higher rewards, a key feature in provoking meaningful discussions and new levels of engagement.
This week, Socrates has further improved accessibility, enabling access via multiple blockchains, including Polygon, Ethereum, Arbitrum One, Optimism, and BNB Smart Chain (BSC), where points earned on the platform can be easily redeemed 1:1 for USDT.