How can Fandom solve the main problems of the short-form platforms?

Social media platforms such as TikTok are facing difficulties with their growth, and those problems can be solved in two ways. The first step is to develop a new revenue model, which can reduce the dependence on advertising revenue, and the second is to expand the utilization of points purchased by users to support influencers within the platform to improve financial stability, and create synergy by establishing a two-way communication environment between users and influencers.

We, Fandom, believe that SocialFi can solve the problems mentioned above and create a new platform environment that enables two-way communication.

SocialFi platform is a space where influencers and users can communicate within the cryptocurrency ecosystem. Each influencer can build a personal DAO within the platform, and influencers and users can construct an independent community together.

Fandom will develop an ecosystem where influencers and users can 1) support, 2) fundraising, 3) distribution (profit share) with each other with the native token, $CRTR, within the DAO of the SocialFi platform.

In order to enable the SocialFi ecosystem, Fandom has signed a strategic partnership with the major short-form platform. Through this partnership, short-form platform’s membership points can be swapped with $CRTR of the Fandom platform, and we want to develop a space where users can invest in the short-form NFT created by influencers and share its profits.