- Metaverse with token rewards for activity.
- Fragma launches blockchain application metaverse.
- Metaverse to enable users to engage on the platform and earn tokens.
- The platform is smart contract-based to protect both parties.
Fragma, a decentralized blockchain application that provides content creators and advertisers with opportunities for promoting and monetizing content, has launched its metaverse to reward users with tokens for social mining.
The metaverse, which is a digital world, will enable users who perform any action on the platform, including commenting, liking, and sharing to receive tokens, which can be converted into fiat.
Speaking during the launch, Vadim Onishchenkom, the CEO of Fragma said:
Social Media users today are generating wealth for the platforms with the content they post regularly when they could be generating wealth for themselves.
What the metaverse offers
Fragma provides content creators and advertisers the decentralized blockchain application, metaverse, for social mining, NFT marketplace, DAOs, GameFi, and AR to increase ad performance and monetize content.
Specifically, the metaverse encourages bloggers and other content creators to launch contests, photo quests, and other activities with incorporated GameFi elements. It will distribute all ad revenues in native tokens among users based on their activity and popularity.
Ad revenue is divided among all members of the Fragma Metaverse, with the content creator and advertiser interacting without using any third parties.
How the metaverse operates
Fragma leverages AR technology to streamline online product placement with the incorporated AI targeting relevant bloggers and users to incorporate products into their content.
The incorporated AR content can be used for geo-targeted ads, enabling users to change the products or labels they promote based on the viewers’ location.
Also, companies joining the metaverse can create 3D versions of their products that influencers can include in their posts, offering both parties financial incentives.
Each side is protected with smart contracts, ensuring that both parties fulfill their responsibilities before payday. As a smart contract-based blockchain, both parties are protected to ensure that they accomplish their responsibilities before payday.
Importantly, Fragma provides an NFT Marketplace that allows users to create, lease or trade NFT tokens. They can be in the form of videos, texts, or audio formats. You simply create digital art, post it at the Fragma marketplace, sell it through an auction or rent it out. To keep the metaverse safe from fraudsters and bots, Fragma adheres to DAO governance principles.