New App Concept: Social Verification with Crypto Rewards
New App Concept: Social Verification with Crypto Rewards
🔍 Social Truth App
A new application concept is emerging that focuses on socially confirming real things using cryptocurrency incentives.
The idea centers around creating a platform where users can verify authentic content or activities through social consensus, with crypto rewards driving participation.
Key potential features:
- Social verification mechanisms
- Cryptocurrency-based incentive system
- Focus on confirming "real things" rather than speculation
This concept builds on existing trends in SocialFi applications that combine social interaction with financial incentives. The approach could address growing concerns about misinformation and fake content online.
The timing appears strategic as the crypto space seeks more practical, utility-focused applications beyond trading and speculation.
what if there was an app focused on confirming real things, socially, with crypto incentives could be big
Balaji Srinivasan on the coming verification gap in an AI world. “AI is going to create massive numbers of jobs in proctoring and verification because it’s so good at faking things.” “AI makes everything fake, and crypto makes it real again.” @balajis pic.x.com/65sKsnsCuv
⚽ First Submission from Nigeria
The poidh bounty platform has received its first submission from Asaba, Nigeria. @Glo_Reyyy checked in for @lovefutbol, marking an early milestone for the onchain bounty dapp. The submission follows the platform's standard process where participants upload visual and text evidence as NFTs to claim bounty rewards.
Trader Earns Crypto Bounty for Trading at Graduation Ceremony
A user successfully claimed a crypto bounty on poidh by trading cryptocurrency during their graduation ceremony. **Key Details:** - @aaaaapiip won the bounty by providing proof of trading crypto at graduation - The bounty was sponsored by @volt_perps - Submission included visual evidence minted as an NFT The poidh platform continues to facilitate creative onchain bounties, with recent examples including a backflip challenge that reached $35 in ETH through community contributions. *poidh operates as a fully onchain bounty system where creators deposit funds, participants submit NFT proof of completion, and funds release automatically upon verification.*
⚽ Earn $350 in ETH by Juggling a Football on Poidh
A new bounty on poidh offers **$350 in ETH** for demonstrating football juggling skills. The challenge is sponsored by poidh and @AllInForSport to support @lovefutbol's community work. **What love.ftbol does:** - Works with local communities to create and restore safe playing spaces - Transforms soccer fields into community hubs - Builds connection, pride, and opportunity through sport To claim the bounty, participants submit video evidence as an NFT through the poidh platform. If approved, funds are automatically released.
POIDH Bounty Contest Distributes $5 USND to All Participants
A bounty contest on the POIDH platform has concluded with participation rewards being distributed. All bounty participants will receive $5 USND, courtesy of [Nerite Org](https://twitter.com/NeriteOrg). **Key Details:** - Funds will be sent directly to the wallet addresses used to claim the bounty - Participants include @EmanMontojo, @Aliluckyyy, @TheFadinSoul, and @remixitphotos - The bounty details can be viewed at [poidh.xyz](https://poidh.xyz/base/bounty/1000?new=announcement) The distribution represents a participation-based reward structure where all contributors receive compensation, rather than only winners receiving prizes.
First Onchain Triple Jump Contest Crowns Winner on Base
The world's first onchain triple jump contest has concluded with **@0xNoni declared the winner** on Base network. After consulting with expert judge @afrochicksnft, the decision was finalized on February 4th. The winner's claim is now subject to a ceremonial onchain vote, with **funds becoming claimable within 48 hours**. The competition saw multiple contenders: - @0xNoni stood out by taking his submission to an actual stadium - Judges praised both the athleticism and cinematography of entries - All submissions were minted as NFTs on Base This novel contest demonstrates how bounty platforms can gamify real-world activities through onchain verification and NFT-based proof submission.