0xC900
March 30th, 2022

My name is Andre and I’m the founder of Purple Creator.

I started working on Purple Creator as I wanted an easy way for me to find and buy trustable tokens from different platforms. I was surprised I couldn’t find an easy way to do so I decided to invite a team and start building it.

And, today, we are excited to announce that Purple Creator our BETA is Live. It is the easiest place to buy and sell community tokens. We are the Coinbase for Community Tokens! the first exchange dedicated to trade Creator Coins (CC) and DAO Coins.

Only opened for the first 100 verified users. Open your account today at PurpleCreator

0xC900
March 10th, 2022

Today, several platforms have emerged to facilitate the issuance of Social Tokens such as DeSo, Roll, Rally, Chiliz among many others. It is an exciting opportunity to unlock the potential of communities and let Social Tokens and DAOs well positioned to drive the next wave in Web3. However, while these projects aim to facilitate token issuance, the overall experience for the token holder, the real customer, hasn't been really great. Lots of concerns around the real benefit of the token, many scammers, trust, access to trade, liquidity and different kinds of tokens (Creator Coins, Fan Tokens, DAO Coins etc) and platforms that confuse users about the value of the tokens. Although these issues are part of the creation of a new ecosystem, it slows down a significant migration of the mainstream users to this market.

We have described the main challenges below so this ecosystem can thrive followed by our vision.

Education: Each Social Token has a peculiar characteristic related to governance rules, vesting, segment, benefits, type of engagement, (Non) Bonding curve Tokens among others. It is still too confusing for the mainstream user navigate in this market. There is no seamless and trustable place so customers can have their first experience on Social Tokens like what Coinbase and OpenSea did for Crypto and NFTs respectively.

Trust Building: Today it is much easier to create a social token, so scammers and many creators are issuing tokens without putting effort to deliver what was promised. Without a social layer and other systems in place, it is difficult for participants to compare, among many things, the credibility, engagement and assess the quality of benefits delivered. The focus on trust building is essential to create a sustainable ecosystem.