[PRESS RELEASE – Los Angeles, California, May 9th, 2023]

Retains Crown as Web3’s Biggest Social Network and SocialFi Platform

DSCVR, the largest and most popular Web3 social network and social finance (SocialFi) platform, has surpassed the 200,000 user mark – a key milestone on its journey towards making crypto functionality easily accessible to anyone who knows how to use social media.

DSCVR’s focus on coupling familiar social media experiences with the most diverse set of crypto features available in Web3 has made it an appealing choice for content creators, crypto projects, and community builders alike.

DSCVR is not just a social media platform, it is also an easy-to-navigate SocialFi economy. In the two years since its launch, a total of 6.7 million tokens have been transacted on the platform: a real demonstration of its users’ growing economic power.

A wide range of easy-to-use tools allow DSCVR’s loyal and expanding user base to create, collaborate on, share, and monetize content, to interact with the creators they admire, and to interact with – and even build – user-governed communities tailored to their interests.

Communities and individual creators can earn digital assets through tips, airdrops, or NFT sales. Users can then choose how to deploy these profits – by putting them back into the community, for instance, or perhaps directing them toward a cause favored by members.

Users, meanwhile, can show their appreciation of content they admire through tips. Users can also send and receive airdrops and transfer tokens throughout the platform – all without ever having to set up a wallet.

DSCVR offers all the features users find most convenient about Web2 social platforms while making Web3 functionality more accessible than ever. Value flows seamlessly through the platform in the form of tokens, which can be easily shared or transacted. Users are building tokenized communities called portals around fungible tokens, NFTs, and Web3 games. Portals give ownership to communities by granting roles and permissions based on token holding.

Further, DSCVR stays true to its Web3 ethos by emphasizing user ownership. With DSCVR, individuals can decide how to monetize their content, and what shows up in their feeds, and can even