Chicago, IL, Sept. 10, 2021 (GLOBE NEWSWIRE) -- Weentar, the rising blockchain-powered social media startup, entered the final stages of development last Friday, inviting the first set of users to test its highly-anticipated web application.
The news signals that a public product launch is just weeks away, ready to take advantage of the NFT mania currently sweeping the internet. This follows a recent announcement from the project's CEO, Eduardo Fonnegra, stating that Weentar would be ramping up marketing efforts and outreach to content creators and influencers in September.
The project last made headlines in May, when it announced an official partnership with Grammy-nominated singer-songwriter Lil Yachty. The team expects to have hundreds of active communities led by celebrities, digital artists, influencers, and other creators by the end of 2021, with platform membership reaching into the millions.
Game-Changer for NFTs and Social Media
The NFT market has been plagued by high transaction fees on the Ethereum network, pricing most people out and preventing mass adoption. To solve this, Weentar took the bold step of developing its own blockchain, bucking industry trends and emerging as one of the most ambitious projects of 2021.
Users who sign up as creators will be able to upload photos, audio, video, and text posts that can be offered as NFTs, with no minting fees. Creators will also automatically mint their own social tokens upon sign-up, which fans can then purchase....
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