Introducing TeaParty 🍵 — Social-&-Earn (S&E) protocol

March 31st, 2022

TeaParty is a Social-&-Earn (S&E) protocol in Web3, where everyone can come, socialize and earn revenue together. This platform empowers any creators, writers, musicians, literally anyone to get their content & creation discoverable.

We’re not “another” social media company, we’re building a protocol enabling P2P & B2C incentivized networks, where everyone could benefit from each other by rewarding, socializing, and getting their content reach to the right audience. If you’re interested, come and join our Discord.

What problem do we want to solve?

There are 4 problems we are committed to solving:

Users who want to be part of Web3, spend no money but can start to earn revenue with little effort and zero risk.
For every starting entrepreneur, content creator, developer, indie game creator, musician, or literally anyone who wants to get their words out about their awesome creative works.
Every business can reach directly to real users that organically interact and share their content, absolutely different from how the old Web2 “advertising model” works.
Cost-efficiently spends on making your content discoverable. Pay only if any users like or share/retweet. Else, nothing is paid!

Why it is a big deal?

For advertisers/creators (a.k.a TeaParty Host):

Cost-effective — You pay only if any users like or share/retweet. Else, nothing is paid!
Organic growth — Only real users will interact with your post. No bots and fake users.

For users (a.k.a TeaParty Guest):

Earning revenue — You earn by engaging with any incentivized content with activities such as like/share, retweet or even following a host!
Value your time — With TeaParty, fresh contents are up every second allowing you to engage any latest news/content with rewards.

Getting started

TeaParty Host can start hosting their content from Web2 social media in order to amplify its publicity via the TeaParty platform, in exchange for the need to reward users for every social activity that is being engaged.

How does it work?

As a TeaParty Host

Overview: To become a TeaParty Host, you will need to deposit your budget in Matic to throw the party 🍵. Then the amount deposited in the contract will later be used to reward the users who engage with the post your set up. Rewarding will be in the form of $TEA token.

For e.g. in the platform Twitter, before depositing your budget, you will need to insert the post ID manually into the TeaParty platform, then set how much your budget is, then your party will run until your budget fully rewards all the users who participated with engaging social activities such as sharing/retweeting or like on the post that you assigned.

As a TeaParty guest

Overview: Any user could become our guest to come in and interact with the social post available for rewards. Rewarding social activities cover sharing/retweeting or liking the post that you are interested in. Rewarding will be in the form of $TEA token.

For e.g. in the platform Twitter, you can engage with any incentivized post with available activities such as sharing/retweeting or liking the post. After initiating the activity, you are required to wait for the contract maturation for at least 1 day in order to be eligible for the rewards available.

Blockchain

At this moment, TeaParty will focus on the chain of Polygon as a home chain for growth. Eventually, it will grow and expand on multichain for interoperability and support diverse adoption.

Conclusion

That’s not the end of how TeaParty works, we’re aiming to be a central S&E protocol, where every builder/developer/creator and social media who wanted to be involved can benefit and contribute to it.

If you’re interested, come and join our Discord.