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Home»Spotlight»SOEX Launches Integrated Social Trading Ecosystem for Web3 Applications
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SOEX Launches Integrated Social Trading Ecosystem for Web3 Applications

Ivan MassowBy Ivan MassowJune 11, 20240 ViewsNo Comments2 Mins Read
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SOEX, a platform powered by protocols like Nostr+, TradeDivi, and Sketch, has announced the development of an integrated social trading ecosystem for Web3 applications. The platform incentivizes users through airdrops and offers various features such as encrypted conversations, liquidity provision, and a governance token system. With plans for future expansion and development, SOEX aims to cater to a wide range of traders in the cryptocurrency space.

Kuala Lumpur, Malaysia, June 10, 2024 – SOEX, powered by protocols like Nostr+, TradeDivi, and Sketch, has announced the development of an integrated social trading ecosystem designed for Web3 applications. The platform combines social interactions with trading activities across centralized (CEX), decentralized exchanges (DEX), and decentralized finance (DeFi). Users are incentivized through airdrops based on trading volume and commissions, offering potentially higher returns compared to direct trades on traditional exchanges.

SOEX integrates instant messaging and trading within a balanced ecosystem, allowing users to interact with other traders who hold or are interested in similar tokens. This feature-rich platform includes position chats, price change alerts, optimized trading pathways, private-domain trading, and trading pairs listing.

Key functionalities include:

  • Encrypted conversations and private-domain communities

  • Node communication and DID data

  • Liquidity provision and staking for rewards

  • Referral trading

The platform’s tokenomics employs EIP-7525 standards and includes $SOX points for tracking contributions, $SOEX as the governance token, and TVBT, an equity NFT for governance access and additional benefits.

SOEX looks to future development with plans to expand CEX trading options, establish SOEX Swap, launch an AI trading bot, and integrate DEX for DeFi traders.

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Ivan Massow
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Ivan Massow Senior Editor at AI WEEK, Ivan, a life long entrepreneur, has worked at Cambridge University's Judge Business School and the Whittle Lab, nurturing talent and transforming innovative technologies into successful ventures.

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