After the good results of close friends.tech’s SocialFi model on the Basic layer, several copies of this social network have appeared on other blockchains, this kind of as publish.tech on Arbitrum, Friendzy on Solana and most lately Stars Arena, the SocialFi social network launched in late September on Avalanche. So what is Stars Arena? Let’s uncover out with Coinlive in the write-up beneath.
What is the Star Arena?
Stars Arena is a SocialFi social network launched at the finish of September on the Avalanche C-chain, inspired by close friends.tech, yet another social network on layer two Base. Since its launch, Stars Arena has attracted a great deal of focus from persons as there are at present far more than ten,000 thousand lively wallet addresses on this platform.
Like close friends.tech or publish.tech, Stars Arena end users also need to have to website link their Twitter accounts in purchase to use the platform. However, end users will have to website link their AVAX deal with to their profile to deposit money and exchange other users’ “tickets”.
Advantages and down sides of Stars Arena
Stars Arena permits end users to connect their Twitter accounts to the platform and use AVAX tokens to order other users’ tickets. A modest commission is paid to the platform and end users when acquiring and promoting tickets. Unlike close friends.tech, Stars Arena has a public feed, which permits end users to stick to some others with out getting to order tickets.
However, Stars Arena also has several flaws: there are several mistakes and the advancement crew of this social network also lacks transparency.
Stars Arena Airdrop
Stars Arena end users can obtain airdrops from the platform by interacting with the platform. Airdrop factors will be distributed to end users weekly, beginning September 26, 2023. The volume of airdrop distributed will be primarily based on the factors accumulated by the consumer, corresponding to the complete accumulated factors of all end users.
Instructions for registering a Stars Arena account
Step one: Access starsarena.com.
Step two: Click the button Log in with Twitter to connect to your Twitter account (X).
Step three: Select a couple of accounts you want to stick to.
Step four: To deposit income into your account, choose the item Walletsthen choose To deposit.
Step five: You can transfer income by scanning the QR code or making use of the wallet deal with displayed as proven in the figure. Please note that you will have to transfer AVAX tokens to the proper Avalanche C-chain network for your account to obtain the tokens.
summary
Through the over overview write-up on the social network SocialFi Stars Arena, Coinlive hopes that readers will grasp the standard data about this venture to make their personal investment choices. I want you a thriving investment!
Note: The data in the write-up is not deemed investment information, Coinlive is not accountable for any of your investment choices. I want you good results and earn a great deal from this likely market place.