The Rebirth of Socrates | Summary of New White-Paper

In this new version of the Socrates White Paper, the transformative potential of technology to reshape the world and foster the development of a new human civilization is emphasized. Its core mission highlights the importance of amplifying diverse voices globally, ensuring a platform where different perspectives can be heard and valued. Core values ​​such as fundamental principles, critical thinking, inclusion, equality, transparency, and freedom are fundamental to achieving this vision and mission.

Its goals focus on creating a seamless connection between Web2 and Web3, harnessing the power of information to generate value, and establishing a next-generation social media platform that serves humanity. These goals aim to innovate and revolutionize the way people interact, share information, and build communities in the digital age, driving an inclusive, open, and equitable technological landscape.

The origin of Socrates’ idea!

Socrates is a social media platform that merges the features of Web2 and Web3, fostering a culture of critical thinking and encouraging users to critically analyze the information they encounter. The platform’s name reflects its mission to promote a thoughtful and analytical mindset among its users, aiming to revolutionize the way people interact with information and each other.

New Socrates Website Dashboard

The ultimate goal of Socrates is to become a comprehensive super app that seamlessly integrates individuals, information, and digital tokens, bridging the gap between Web2 and Web3. The core philosophy of Socrates, “One is everything,” emphasizes its ambition to serve as the next-generation social media platform for humanity. By offering a holistic approach, Socrates aspires to enhance the user experience by providing a unified ecosystem where all elements are interconnected.

Socrates facilitates various forms of social interaction, including text, image, voice notes, video, audio, live debates, and video live debates. It also supports instant messaging, community engagement, and person-to-person dialogues and debates. Additionally, Socrates enables the minting, transfer, and transaction of NFTs and tokens, including airdrops and rewards, thereby offering a versatile platform that caters to both social and financial interactions in the digital age.

Principles of Designing Product Features

In Web2’s traditional social media landscape, users are mostly passive recipients of information, lacking substantial influence over the content they consume. This passive consumption, combined with the spread of biased information, has contributed to a fragmented society and more polarized thinking. Such polarization is a fundamental issue causing various societal problems today. A dialectical approach to understanding information and perceiving the world is essential, especially as the rise of AI blurs the line between truth and falsehood. As AI becomes more prevalent, traditional education’s emphasis on knowledge accumulation will become outdated, necessitating a shift towards critical thinking and wisdom-based learning.

New Socrates Genesis Avatar NFT Collection

The Socrates platform empowers users to actively engage with information through various mediums like text, video, and live audio debates. By encouraging dialectical interactions, Socrates transforms users from passive recipients to active participants who can direct the flow of information. The platform’s community design principles are rooted in authentic social interactions formed through consensus. By leveraging NFT avatars, Socrates fosters consensus-based relationships, allowing users to form genuine connections through shared interests and intellectual debates. This approach cultivates deeper, more meaningful social bonds and communities.

Migrating to Web3

Traditional internet platforms often place restrictions on user-generated content (UGC), limiting users’ control over their own creations. In contrast, Socrates empowers users to transform all their content — whether posts, images, videos, voice notes, avatars, or accounts — into perpetual digital assets by minting them as NFTs. These NFTs can be stored in users’ wallets or traded for monetary gain, offering true ownership and control over digital creations.

By minting content as NFTs, Socrates ensures that user-generated content is permanently recorded on the blockchain, impervious to alteration or deletion. This shift grants users complete autonomy over the trading, management, and monetization of their content, effectively transforming them from mere content creators to true proprietors of digital assets. This approach redefines the production relationships on social media, returning all rights to users and enabling them to derive tangible value from their creations.

Moreover, Socrates revolutionizes social media avatars and accounts by allowing them to be minted as NFTs. Unlike traditional platforms where avatars are mere images and usernames are just alphanumeric characters, Socrates turns these elements into digital assets that can be traded and monetized within the NFT marketplace. This integration supports deeper and more valuable social interactions based on consensus and shared interests.

Socrates NFT Marketplace

In addition, Socrates leverages the Web3 feature of airdrops, seamlessly integrating information and social interaction to enhance the value of tokens. Users can inject airdrops into any piece of information or groups, increasing visibility and attention. The platform uses an Automated Market Maker (AMM) model for token trading, facilitating instant and efficient asset exchanges without a traditional order book. This model ensures liquidity, enhances user experience, and upholds the principle of user rights, allowing digital assets to circulate and appreciate safely and freely.

Governance token with more strength!

SOC, the core token of Socrates, plays a pivotal role in all essential functions of the platform and embodies Socrates’ value. Airdrops of SOC tokens will be determined by user growth and engagement, reflecting the genuine value growth of its users. The ultimate goal is to reach 5 billion users, aligning the release of SOC tokens with this milestone.

The SOC airdrop mechanism involves releasing a total of 10 billion SOC tokens, with half (5 billion tokens) reserved for user airdrops, distributed incrementally. The aim is to achieve a 1:1 distribution ratio when the user base reaches 5 billion. These tokens will not be released in a linear fashion; instead, their release will be dynamically adjusted based on market demand, SOC’s value, and user growth. For instance, higher release ratios may be used initially to boost participation, with adjustments made as user saturation approaches to maintain market balance and protect user interests. The first airdrop in 2023 distributed 410 million SOC tokens, and from November 2024, 4.59 billion SOC tokens remain for future user airdrops.

$SOC Tokens Chart

SOC tokens are allocated based on user activity, which is quantified into points. These points are assigned weights depending on the nature of the activities, categorized into Web2 and Web3. Web2 activities include posting texts, audio, comments, videos, participating in debates and voting, and inviting new users. Web3 activities, which carry more weight, include injecting airdrops into posts, claiming airdrops, minting content as NFTs, conducting NFT transactions, participating in token trades, and sending airdrops in group chats. The SOC tokens are then distributed proportionally based on the points accumulated during each airdrop period, with points resetting after each round.

The distribution of SOC tokens is heavily influenced by the Active Real User Growth Index, a critical metric for SOC airdrop releases. Even with high user activity in Web2 and Web3, SOC tokens will only be released when the active user base reaches at least 100 million. The faster the active real user base grows, the more rapidly the SOC airdrops will be released, ensuring that the distribution aligns with actual user engagement and growth metrics.

Through these mechanisms, Socrates not only incentivizes user participation and growth but also creates a sustainable and balanced ecosystem where the value of SOC tokens is closely tied to the platform’s overall development and user base expansion. This strategy ensures that both the platform and its users benefit from the genuine value created by their collective engagement and activities.

New Socrates Genesis NFT Avatar Airdrop

Socrates is issuing a total of 30,000 Socrates Genesis avatars. The mechanism for distributing these NFT avatars will follow a 50/50 ratio — half allocated for platform needs and the other half designated for airdrops. This distribution is contingent on the genuine value growth generated by users. Unlike SOC token airdrops, these NFT avatars will be reserved for outstanding contributors within the Socrates community.

The platform will airdrop NFT avatars exclusively to key contributors, including community leaders, top-quality content creators, significant partners, and major investors. These individuals will be selected based on their substantial contributions and specific milestones they achieve within the Socrates ecosystem. This selective approach ensures that only those who add real value and foster growth within the community are rewarded with these digital assets.

In essence, Socrates’ NFT avatar airdrop mechanism not only incentivizes and recognizes top contributors but also aligns the distribution of these digital assets with the overall growth and engagement of the platform. This strategy strengthens the community by rewarding excellence and encouraging ongoing participation and value creation.

Conclusion

Explored the intricate details of Socrates’ platform, focusing on its core token (SOC) and its unique airdrop mechanisms for both SOC tokens and NFT avatars. We delved into how SOC tokens play a fundamental role in the platform, driven by user growth and engagement, and are dynamically released based on market conditions and user activities. Additionally, we examined the selective airdrop process for NFT avatars, which rewards significant contributors to the ecosystem.

Finally, discussed how Socrates leverages Web3 principles to empower users, providing them with true ownership and control over their digital assets, fostering a more interactive and value-driven social media environment. This comprehensive approach not only enhances user participation and growth but also ensures a balanced and sustainable ecosystem within the Socrates platform.

Socials

• Website: https://www.socrates.com/
• Android App: Socrates — Google Play
• iOS: Socrates — App Store
• Twitter: https://x.com/Socrates_global

The Rebirth of Socrates | Summary of New White-Paper was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.