A new social media platform called The Lovechain has confirmed it is entering the NFT space. LoveChain is integrating Algorand Blockchain into its platform. The announcement made on October 14th sees the new company adding an NFT feature. This feature will give users the ability to upload posts and turn them into NFTs. Overall, this will give content creators more opportunities to be creative.
New Social media Platform The LoveChain is integrating Algorand Blockchain to add NFT feature.
Credit: The LoveChain
LoveChain prides itself on being a positive social media platform. While it may be true that there is a lot of negativity surrounding social media, they aim to change that. The Lovechain ecosystem is vast. It includes the LoveChain platform, applications, digital content creators, as well as an online store.
There are also LoveChain tokens called LOVR. This token is available for discount purposes. Furthermore, users can support each other with LOV tokens. The transaction process is quick and easy.
Significantly, the LoveChain whitepaper boldly declares that they are “a digital version of the lovelocks found on bridges all over the world.” The new social media platform is primarily focused on love and sharing joy. They want to “commemorate the people and things in our lives that we love at every occasion throughout our lives.”
However, the new social media company are not the first to capitalize on the power of Algorand technology. Recently, Aorist, the conscious climate platform, launched its marketplace using Algorand. Meanwhile, the Algorand Foundation prides itself on being an inclusive platform. The website states that “The Algorand Foundation has a vision for an inclusive ecosystem that provides an opportunity for everyone”.
This could be a perfect partnership between the two emerging companies. With both companies equally focussed on inclusion, LoveChain and Algorand suit each other.
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