The Spanish startup has already launched the first test version of its new social network for its users to start uploading their NFTs
Woonkly Labs has already launched its new primary product Woonkly.com on the Ethereum Rinkeby testnet and will announce the launch on the Ethereum mainnet in the coming days. Woonkly.com is a decentralized social network with AML protocols based on Non-Fungible Tokens (NFTs) where users can create unpriced posts, sell, purchase, auction and share their NFTs.
The official launch will take place in the coming weeks and will feature a user-friendly, intuitive interface and excellent projection as part of the Woonkly ecosystem.
In the meantime, users can access the first test version of Testnet, where it has been installed since the beginning, upload their first NFTs, and navigate through the new social network interface. In this way, the public is invited to log in by connecting their MetaMask, test it through the following link (v1.woonkly.com), and be ready for the long-awaited launch.
On Woonkly, users will be able to create their profile and follow their friends, artists, and favorite brands, send private messages and comment on posts. Like NFTs, users can save them for later viewing and browse through dozens of traditional and never-before-seen categories. These are just some of the new features that are sure to get people talking.
At the official launch, with the integration of the BSC (Binance Smart Chain), the cost of gas will be among the lowest in the market. It will be possible to operate within it with WOOP, Woonkly’s native token, and other currencies and networks. In addition, it will be possible to buy and sell directly with FIAT in the coming months.
Meaningful Woonkly Labs partnerships with celebrities
In this pre-launch phase of the social network, they are creating important alliances with the football, music and basketball industries, among others, to get critical people from these sectors to develop their profiles and upload their own NFTs.
In addition, among the new developments, work is being done in the field of metaverses to acquire some of them. In this way, the Woonkly Labs project will take off even sooner.
How does the first version of the social network work?
In this first version of the social network, anyone can create NFTs quickly. To do so, users must log in, select whether they want to make one or a collection (several copies of the same piece), upload the file from their computer (whose authorship must be their own), name their work and set a price. With this, a career as a digital artist can begin.
If that were not enough, the user would possibly even sell their posts, as all publications are instantly converted into NFTs. Therefore, they are allowed to trade them if they wish to do so.
On the platform, users will browse through collections of art, photographs, music, domains, games, videos and much more to come.
To purchase an NFT, the user must select the piece and once logged into their wallet they can choose to buy it, ‘like’ it or participate in an auction. Sellers of NFTs will be able to decide at any time when to accept the highest bid they have received for the NFT.
In the pre-launch, the Woonkly social network will be launched on the Ethereum network, and later, at the official launch, the Binance Smart Chain network will also be available. In addition, work continues on integration with other networks and an APP to facilitate the user experience.
What are the advantages, and what does it have to offer the world?
- It is built 100% on blockchain.
- All data entered by users belongs to the users (Woonkly is never in possession of your data).
- All the content uploaded to the platform (texts, videos, photos and audio) is hosted on the blockchain under IPFS (Interplanetary File System) protocol.
- In future versions (V2), advertisers will be able to make their content go viral using cryptocurrencies.
- In future versions (V2), advertisers will target their campaigns in a decentralized way.
- The Social Network uses artificial intelligence to suggest quality content to users connected to the blockchain.
- There will be new features that will benefit both advertisers and users in future versions, improving the advertising system and rewarding users for their interaction with the platform.
- Users choose how, when and where to view content.
- Each post will be an NFT in itself.
- Users will be able to create NFTs in video, image, audio and PDF format.
The Woonkly brand since 2017
The image of the new social network Woonkly.com will continue with the same colors and symbols that have accompanied the brand since 2017. With the blue infinity as a significant distinction, the brand will continue to grow since its launch in 2017 with these new projects.
Solutions and importance of KYC
To create a profile on Woonkly, it is necessary to pass the KYC process that allows us to guarantee the authenticity of the works for the benefit of the buyers.
Woonkly users must pass a KYC verification process on buying, selling and withdrawing funds from the platform.
The inclusion of KYC, according to the Woonkly team, represents a breakthrough in the field of NFTs, as it legitimizes the ownership of NFTs and links them to real, identifiable people in the non-digital world. This secures the identity of a brand, creators and users, which translates into a platform that avoids spam, scams, and falsifying the identity of brands or people, which is one of the biggest problems facing the non-fungible token sector today.
Likewise, the Woonkly team highlights that the use of the WOOP token has an excellent projection, as the future version of Woonkly will offer its users the possibility of receiving benefits in WOOP for consuming advertising within the social network, in addition to the fact that all transactions carried out within the platform will be in WOOP, BNB and soon FIAT.
The launch of the Woonkly social network is the first milestone of a very ambitious project which aims to create an NFT social network where people own their data. The team has set out to release new functionalities every month, a challenge they hope to meet successfully.
Presence at international events
To continue growing and presenting its new projects, Woonkly Labs has spent the last few days at the Future Blockchain Summit in Dubai and will now travel to the AIBC Summit in Malta (some of the most relevant events in the sector). There they will show their products (woonklylabs.com and kubic.com) and sponsor them, which is putting Woonkly on the radar of all investors and institutions globally.