Halo Crew,
Nice to see you again. Thank you for accompanying us from summer to autumn, and we have arrived at the harvest season together. 🎉
Last week, we officially launched the Halo Wallet Genesis Pass and sincerely appreciate your support. Your enthusiasm led us to conclude the mint event 18 hours in advance, achieving the TOP 1 membership NFT collection on OpenSea.
We are definitely excited about this, but what impresses us most is that all users who successfully minted a Genesis Token made a 20x profit from it, and very few were willing to sell it. We are fortunate to have supporters like you from all over the world. With your incredibly strong support, we’re more confident than ever in building a meaningful and influential product for the Web3 world.
The launch of the Genesis Pass is a grand success in this bear market, and we hope you enjoy this autumn gift.
In the following months, we have an intense development iteration plan for the Halo Wallet, including new chain integration such as zkSync and Linea, a more powerful swap and on/off ramp router, and some key features for a smooth SocialFi user experience.
We will release them one by one, but our primary focus is on how to let the community interact more with both our product and our team. Since Genesis Pass holders are key influencers of the Halo ecosystem, we will focus on how to give you more privileges and rights to unleash the potential of decentralization.
Overall, it will cover three aspects: governance, amplification of influence, and most importantly, exclusive benefits.
💎 Governance is a long-term matter and cannot be achieved overnight. We need to find the right people and then build relationships over time. So, we will gradually open up from some simple suggestions to more free discussions.
Genesis Pass holders will have full access to all the functions of the Halo Wallet, so that you can have enough time to prepare and gain advantages when we officially release it. We also welcome all holders to participate in our iteration plan, to build a better product with your valuable suggestions.
I know it may sound boring, so we may give some rewards to core contributors as surprises from time to time. We hope you will like it.
💎 Compared with governance, the amplification of influence is a more interesting thing.
As you know, our XP system just released, and you can gain extra XP by holding the Genesis Pass. This is just the beginning, and I would like to introduce more about it.
High-quality content is vital for a SocialFi product. To improve it, we’re designing a content recommendation method that will push selected feeds to all our users to help creators gain extra exposure along with an increase of both followers and personal influence. Only Genesis Pass holders are qualified for this, and we will prepare an XP pool to reward all the contributions.
Apart from this, an exclusive referral program for all the holders is also under planning, and both the inviter and invitee will also get exclusive XP as rewards. You’re the ones who would like to “skin in the game” with us, and we trust that you can help us find more like-minded people to work closely with and grow the Halo Wallet together.
By the way, if you don’t know what XP is used for, please check my last letter.
💎 Lastly, I know what you want to know most is the benefits for Genesis Pass holders, and here it comes.
We have already announced some of the benefits within the Halo Wallet, as you know. Although these are already more useful than most of the NFT memberships, it’s only a starter anyway.
The whole Web3 industry lacks an effective method to find real users, such as strategies like anti-sybil filtering is not a solution which can fundamentally solve this issue. It’s a clear pain point and we want to fix it as a social wallet. We’re not competitors to all the onchain dapps or the chain itself, we want to collaborate with them to build a better Web3 world.
It’s clear that most of the holders are high-quality users after this minting event and we luckily find some partners that share the same consensus with us. There will be thrilling multi-ecosystem benefits ahead and we’re actively working with each other already.
This takes time, but not very long.
That’s all for today.
Web3 is awesome, but also remember to put down your phone and go outside, just enjoy the embrace of the warm wind from across the ocean.
Goodbye & Good Luck.
Sincerely @Pioneer_Jeff
About Halo Wallet
Halo Wallet is a leading Web3 social wallet that utilizes its financial capability to monetize the data value of a social network. It aims to be a portal for global users in the SocialFi ecosystem by aggregating wallet’s activity across various protocols and turning them into a human friendly social feed. Halo Wallet ensures users have an intuitive interface to manage digital assets, track DeFi portfolios and discover market trends without leaving the app.