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Home Crypto News & Analysis Security & Scams

Drive deep debate on hot topics

by Sophia Lee
January 26, 2024
in Security & Scams
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Drive deep debate on hot topics
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Drive deep debate on hot topics

Socrates, the world’s first debate2earn platform combining Social-Fi and Game-Fi, has attracted global attention with its unique social platform. Users can ask multiple choice questions and participate in voting as a form of debate on the Socrates platform, earning rewards for their valuable contributions.

Their goal of deepening social interactions extends far beyond the web3 space; the platform is not only committed to continuously optimizing its product, but also to providing a space for thriving debate on web2 platforms. Socrates’ mission is to ‘make the world see different options’, dedicated to providing an arena that allows individuals to understand the unique viewpoints of people around the world and to move human society towards a more rational, inclusive, drive even and open direction.

Since Socrates’ launch in November 2023, together with their partner @Web3Debate, they have successfully hosted more than eight debates in both Chinese and English. With a total of over 500 industry professionals and an audience of 600,000+, each debate saw prominent industry figures, investors and innovators discuss some of the world’s most pressing issues, from philosophy to blockchain and SocialFi.

In a world where inscriptions promise 100x, do you trust in their future?

The heated debates kicked off in December with a discussion on the new technology of Bitcoin inscriptions, which involved web3 KOL’s @Moon1ightSt and @0xMiracle, the Director of Research at Nswap. Here they discussed the hot topic of whether they are sustainable and how they will develop. Several participants gave similar views, such as Qin Xiaofeng, Deputy Editor-in-Chief of Odaily Post, who believes that inscriptions play an important role in contributing to the prosperity of the Bitcoin ecosystem. Brenda, product manager at OKLink, argued for the development of inscriptions from a product perspective, emphasizing the significant gains for miners.

However, guests had conflicting opinions on whether a new chain should be created specifically for the development of inscriptions. Some argued that each new chain should have a unique story and should be optimistic about its development, while others expressed reservations, fearing that a new chain could harm the decentralization of the Bitcoin blockchain.

Coin Circle Bird Nobleman also warned participants about the dangers of engaging in token speculation, noting that it is important to be mindful of the timing when participating. They gave examples of the past Tulip Fever in the Netherlands which was just a hype, and fluctuations in the prices of Stepn’s shoes last year, where both BSC and SOL shoes kept falling. The debate highlighted the diverse perspectives and insights regarding an emerging technology.

Romance in the crypto circuit: get rich or go broke together?

In addition to serious conversations, there are also everyday debates. In a session discussing whether to date someone from the same industry in the cryptocurrency circle, we witnessed a light hearted debate. Panelists such as web3 builder @Paris13Jeanne and NFT artist @Maoli_artist shared the benefits of dating within the industry, while social media influencer @zoeyieth and Ritmex founder @discountifu argued that conflicts arising from work-related issues make it preferable not to dating someone from the same. industry. Who says debates have to be serious? Each person’s unique experiences or anecdotes from their friends contributed to diverse perspectives, and maybe even encouraged each other to venture out within the crypto industry!

Will Socrates lead the Web3 industry to mass adoption?

As a rapidly evolving web3 platform, Socrates is committed to listening to user feedback and meeting web3 users’ needs. Therefore, at the beginning of 2024, the Web3Debate program shifted the focus back to Socrates’ products and SocialFi itself.

Several experienced SocialFi players, researchers in the SocialFi field and industry experts shared their experiences with Socrates and discussed whether Socrates can lead the web3 industry to mass adoption. The AWSB Co-Founder from Silicon Valley mentioned that the UI of Socrates was beautifully designed, to provide users with an engaging visual experience that encouraged them to participate. David, the CEO of web3 video platform Whistle, believes Socrates plays a pivotal role in guiding the development of the web3 industry by giving individuals a place to see people’s thoughts in an often confusing, overwhelming world .

Some participants emphasized that while Socrates is fun and provides intuitive ways for users to engage in social interaction, the platform is not simple or fast enough to deliver rewards for users. In other words, there is an insufficient “Fi” element to the product. These valuable opinions have already driven Socrates to further improve their product, where they will soon upgrade their SBT pen to the Pioneer NFT pen, allowing users to trade unique NFT pens as another form of reward. In addition, Socrates will introduce the Pop Quiz, a new type of debate that lasts only 60 minutes, where participants answer questions and the correct answers and rewards are revealed immediately. These adjustments aim to better meet user needs, making Socrates a more user-friendly debate platform.

Socrates is not just a debate platform, but a place that gathers collective wisdom, driving social innovation. We are committed to creating a more inclusive and diverse debate space, ensuring that the combination of social interaction and gaming goes beyond ideology and is reflected in user interactions. Through debates, we gain valuable opinions and use them not only as a driving force for Socrates’ product improvement, but to promote social progress and broaden the boundaries of human thought. In the coming weeks, Socrates has further plans to continue their debate sessions and invite more well-known industry leaders to participate.

Listen to Socrates’ past and future debates on Twitter, and join Socrates to participate in the debate and see more exciting discussions and intellectual clashes in the space.

Disclaimer for Uncirculars, with a Touch of Personality:

While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.

No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.

And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.

Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!

UnCirculars – Cutting through the noise, delivering unbiased crypto news

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Sophia Lee

Sophia Lee

As the worlds of AI and blockchain converge, Sophia explores the potential of this powerful combination. She analyzes the use of AI in blockchain applications, from optimizing DeFi protocols to predicting market trends, and sheds light on the future of intelligent decentralized systems.

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