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RepubliK initiative represents a major milestone in both the Web2 and Web3 segments, employing cutting-edge AI breakthroughs to enhance the way social media platforms assess content quality, measure engagement and rewards for content creators.
RepubliK launches SocialFi in partnership with AWS
Per the official statement shared by its representatives, RepubliK is ready to introduce the first AI-powered SocialFi platform on March 8, 2024. The new protocol is developed and maintained in technical collaboration with AWS AI and ML.
Aside from the use of AI for content recommendations, RepubliK’s approach focuses on evaluating the depth and quality of user interactions, enabling it to assess the depth of interactions in order to determine the quality of the content.
This strategy is designed to enhance the user experience by emphasizing content that promotes quality interactions rather than simply chasing popularity. AI’s role extends to calculating rewards based on the content’s quality, ensuring a more authentic and meaningful engagement.
The platform’s tokenomic design is underpinned by RPK, its core native cryptocurrency. RPK token is live on Arbitrum (ARB), a dominant Ethereum scaling solution.
RepubliK welcomes L2 networks for better performance and interoperability
RepubliK is also enhancing its technological framework with the adoption of a layer-2 solution and a transition to a blockchain-agnostic approach.
Scheduled to be fully integrated by the end of Q1, 2024, these advancements are expected to facilitate more efficient transactions and accommodate the growing needs of the platform’s community.
The platform introduces a reward system designed to recognize and compensate creators and users based on the substantive value they contribute to the community. This system is engineered to support the creation of quality content and encourage a more engaged, authentic community interaction.
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