The Beauty Of SocialFi #Part 2: Bi.Social Airdrop

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30 Apr 2024
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Bitislands, the developer behind the decentralized social trading protocol Bi.social, are basically creating a web3 form of a SocialFi platform, or simply a social media platform on the web3 infrastructure.
One of the greatest champions of the gamify sector was the play-to-earn game Axie Infinity. It was a huge pioneer in the sector and it grew tremendously over the past bull run. Typically, good projects tend to grow during a bull-run, but the question is, since gamify apps continue to develop but now we're in a bear market, what's going to be the next big thing?
Bi.Social thinks that SocialFi will be the gamify of the next bull market.
SocialFi is basically the social aspect of Web3. It's not only being in a metaverse or displaying your stuff in the metaverse; it's being able to communicate with other people via a decentralized fashion where every wallet is different from another wallet, and every person is able to make their own unique identity on the web3.

Bi.Social Overview

The platform boasts over 390,000 wallet login users and more than 16,000 creators who have published upwards of 180,000 pieces of content. This content spans crypto investment opportunities across more than 10,000 cryptocurrencies, fostering over 3.7 million user interactions. Additionally, the total mint of the Bi DID identity NFT has surpassed 260,000. The platform has introduced the vBIS points system, rewarding users for engaging with high-quality content. To date, 314,635,182 vBIS points rewards have been claimed, marking significant user participation and engagement.
Bi.social recently announced a successful $3 million funding round. This round saw participation from Web3Vision, WAGMi Ventures, and QF Capital. The funds will support the ongoing development of the social protocol and its forthcoming features. Bi.social is a pioneering Web3 social trading platform that enables users to discover trading signals, follow seasoned traders, and engage in trading activities through decentralized social trading applications.

How to claim you share of the airdrop

The amount of $BIS token you receive from the airdrop will be determined by the amount of vBIS Points you would have accumulated by the end of the airdrop period, where vBis simply stands for virtual BIS token.

  1. Sign Up: Bi.Social is both available on desktop and mobile app. First you need a Metamask or equivalent wallet. Click on the link and copy it on your dapp browser and connect your wallet. You will be redirected to the sign up page where you'll fill up your information.
  2. Connect socials: This is among the first tasks that will earn you your first vBIS points. Connecting your twitter to Bi.Social ears you 500 vBIS. Connecting your Discord and joining the Bi.Social Discord channel earns you an additional 100 vBIS.
  3. Mint your digital identity: Create a unique identity on the Polygon network. You get a gas-free free mint after completing step 1 and 2. This is where you mint your username. Holding a 3-digit Bi DID will earn a 1.2x content mining reward multiplier. Holding a 4-digit Bi DID will earn a 1.1x content mining reward multiplier. Holding a Bit islands Genesis Passport NFT will also provide a 1.2x content mining reward multiplier.
  4. Mint your digital avatar: This will act as your profile picture. Note that after completing task 1 and 2, you get 2 free coupons to mint your DiD and digital avatar. Use the coupons for your first minting
  5. Enable posting rights: The platform has a "content mining" protocol where you earn vBIS from your content's engagement and interactions. Before you can enable your posting rights, you'll take on a simple blockchain quiz. I'll provide the answers below. Points earned from your content are distributed weekly while the rest of the tasks are rewarded vBIS instantly after completion.
  6. ^Complete other tasks to maximize points: There are daily tasks as well as one-time tasks. Daily tasks include "first like of the day" and "first twitter share".
  7. Share with friends: The affiliate program enables you to get your friends on board and accumulate more vBIS from their activities

Quiz answers

1.Decentralized exchange (DEX)
2.DAO
3.No, access to the account
4.To securely store private
5.Holding onto cryptocurrencies
6.Ownership of personal data -
7.To provide a social platform

Join Airdrop Link: https://bit.ly/3Ue4HYc

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