According to TechFlow, since the launch of its mobile app on June 19, the Web3 social application forum SoMon has had over 300,000 on-chain transactions and 87,000 registered users in 14 days, making it the fastest growing Web3 social application.
SoMon uses NFT technology and the "Megaphone" tool to monetize content and distribute profits. The platform will end its first season on July 31, 2024, and plans to airdrop its community token $OwO to the community on August 1.
SoMon aims to lower the entry threshold through Web3 technology, activate the community economy, and encourage users to independently establish and manage communities.