Denver, USA, December 18th, 2023, Chainwire
The popular token gating tool is launching the first SocialFi bot on Arbitrum for intuitive token trading within Telegram.
Collab.Land [$COLLAB], an automated member management system for tokenized communities, introduced Telefrens powered by Arbitrum today, the first Social Finance (SocialFi) bot for token-gated groups with royalties rewarding creators and game-changing ease of user-onboarding experience.
All 500 million Telegram monthly active users can use Telefrens starting Dec 18, 2023. This innovative SocialFi bot harnesses the power of Collab.Land’s trusted community tools and the robust chat features of Telegram, setting a new benchmark in the SocialFi landscape.
Telefrens Features
Direct Token Gating: Users can set up token-gated groups automatically through Telefrens on Telegram. This seamless integration removes the friction typically associated with having to purchase membership tokens on exchanges and marketplaces, offering a smoother experience for everyone.
Direct Transactions Within Telegram: Facilitates the buying and selling of Passes (access to groups) for entry into private groups directly within Telegram. Other exciting features, such as one-click copy trading, will be available on day one. After an exclusive crypto-native launch period, fiat onboarding will be available for everyone else.
State-of-the-Art Security Mechanisms: Employs account abstraction and Passkey two-factor authentication to ensure top-level security for users.
Enforcement of Creator Economy Royalties: Built-in through smart contracts, a royalties system of 5% on every buy and sell is enforced. Referral rewards system also allows for refer-and-earn between existing users and new users.
AI Integration: Creator AI agent will refine a custom Telefrens GPT, allowing enhanced community experiences, and giving more insight and data analytics on group members sentiment and community health.
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Author: Crypto Daily™