Attrace is excited to announce a strategic partnership with Mask Network. Mask Network is an open-sourced browser extension with tens of thousands of users, which brings the privacy and benefits from web3 to social media channels like Twitter and Facebook. It allows users to trade and exchange cryptocurrency, interact with dApps, and share encrypted content without leaving mainstream social media platforms.
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Attrace is launching with Sponsored Referral Farms — Nominate a token you believe in
Attrace is a trustless Referral Protocol for web3 that empowers “word-of-mouth” marketing for all assets across the blockchain universe.
The team has been working tirelessly behind the scenes to incentivize anyone to get engaged in capturing the value of “word-of-mouth” marketing and is eager to launch the first sponsored referral farms!
Q2 & ATTR Stakeholders
Release of Referral Farming and Mask Integration
As previously announced, the referral farming feature was released on Rinkeby and currently is in the testing phase. After a successful test on Rinkeby with Mask Network, the team will release Referral Farms on Ethereum. The launch of the Referral Farms will begin with a Single Token Referral Farms feature which will be available via the Mask browser plugin to its users on Twitter.
Upon the launch of the Referral Farms, this feature will be available for any project or protocol using Mask Network that is looking to incentivise and reward successful referrals of their token. The Attrace team is excited about this collaboration, given the very obvious synergy between both projects.
Dev update Q1 2022
In the last product update, the Attrace team outlined its vision to evolve the web3 referrals towards “word of mouth” marketing for web3, in combination with the introduction of Referral Farms.
Since then, the Attrace development team has been working extensively on the product upgrades, and is now very close to releasing the first iteration that will set in motion a larger adoption of the Attrace protocol
Overview Referral Farms
The Attrace protocol will introduce the concept of Referral Farms. There will be two types of Referral Farms, the Single-Token Referral Farms and Multi-Token Referral Farms.
Attrace Product Update
Attrace Product Update In 2021, Attrace went live with its revised proposition, a methodology for referrals in anticipation of web3. The protocol has already been rolled out to Ethereum and Polygon, inaugurating the world’s first cross-chain trustless referrals. Attrace also passed the key milestone of more than 1,000 Participants “observed”, currently at +1,500. Traction is also strong on the Project / Crypto Creator side with many projects in the pipeline, especially in the NFT space.
In a nutshell, the world’s first referrals for web3 is showing traction and adoption, especially on the Project / Crypto Creator side, where performance has been significantly better than anticipated.