Catalyze, decentralized social media platform, launches Beta version for public

Catalyze, decentralized social media platform, launches Beta version for public

The developers of a well-known social cause platform are releasing the public beta of Catalyze, a completely new application, after 18 months of study and development. Catalyze is a decentralized alternative to well-known community-building tools like Telegram or Discord.

Strong anonymity, tokenized incentivization, Engage to Earn, and in-app bitcoin or NFT transfers are now feasible thanks to Catalyze’s native blockchain technology. Users of the site automatically own their data, including a community DAO creator. Gamers, metaverse users, NFT makers, and collectors, among many others, will develop a friendly atmosphere tailored to their requirements and ethos.

‘Catalyze adds the benefits of Web 3 native features’

Ray Laracuenta, CEO of Catalyze, explained how the platform answers the frustrations of current social media users.

“Catalyze is the first feature-rich social media platform to run on-chain. Until recently, the cost, performance, and developer experience of Web 3 made this impossible. For us, decentralized social media only made sense once the entire app from front to back end could be hosted and served from a blockchain. We are very excited to be able to say we have achieved this.

“You can’t challenge the social media status quo with anything less than the best. Catalyze features a beautiful user experience that answers the frustrations of current social media users – unethical monetization, censorship, surveillance – and adds the benefits of Web 3 native features. We are in the process of directly integrating it with the leading chains.

“Web3 projects have been supporting their communities with inappropriate Web2 tools resulting in unstructured and inactive audiences. With its groundbreaking model, Catalyze plans to help these unstructured and non-stop stimulation-hungry audiences better form engaged and proactive communities.”

WRITTEN BY

Team Eela

TechEela, the Bedrock of MarTech and Innovation, is a Digital Media Publication Website. We see a lot around us that needs to be told, shared, and experienced, and that is exactly what we offer to you as shots. As we like to say, “Here’s to everything you ever thought you knew. To everything, you never thought you knew”
0

Leave a Reply

Your email address will not be published. Required fields are marked *