• Pricing: Free
• Categories: Social Media, NFT Marketplace, , ,

Solarplex Summary:

Solarplex revolutionizes social media by integrating creator monetization through direct payments and NFT rewards on a decentralized social media platform.

Solarplex Description:

Solarplex offers a unique decentralized social media experience on the Solana blockchain, designed for creators to build genuine connections with their audience and monetize their content directly, without the interference of ads.

The platform empowers users by providing daily NFT rewards for engagement and tipping, and it opens opportunities for artists to directly sell or freely distribute their digital art, creating a vibrant, interactive community.

It supports NFT in image, gif and video formats.

The deprecation of the Solarplex platform was announced by the founder "Viksit" via his Twitter on 17th May 2024:

https://x.com/viksit/status/1791542452920422537

Also announced via the official x (Twitter) handle:

https://x.com/solarplex_xyz/status/1791543293853208583

Deprecated: 22nd May, 2024

Good News:

Solarplex is back and has survived been deprecated according to an update from the official handle:

https://x.com/solarplex_xyz/status/1793775245142499774

It was acquired by Forward Research (Arweave parent company) as announced by Solarplex founder on Linkedin and X in June 2024:

https://www.linkedin.com/posts/viksit_im-excited-to-announce-that-dispatch-protocol-activity-7205136190021238784-IWHE/

https://x.com/solarplex_xyz/status/1799071484343967751

Solarplex Pros:

1. Monetization: Creators benefit from ad-free revenue streams.

2. NFT Integration: Daily rewards and art minting as NFT.

3. Creator-Friendly: Special features for artists to showcase /sell their work.

4. Open Access: Easy sign-up no invite code.

5. Tipping made easy from community to creator

Solarplex Cons:

1. Niche Market: Primarily targets creators and crypto enthusiasts, which may limit broader audience reach.

2. Complexity: The use of NFTs and blockchain could be daunting for non-technical users.

3. Dependency on Platform Adoption: User/Artist success heavily relies on active user engagement

Solarplex Use Case:

1. Content Monetization: Creators earn from selling art or receiving tips.

2. NFT Earnings: Users earn NFTs for daily activities, enhancing engagement.

3. Art Promotion: Artists use the platform to exhibit and sell their works.

4. Tipping creators