Wallets & Accounts
Users get a free in-app crypto wallet which can be created during signup or later from Settings. The wallet page shows the address, balance and transaction activity. Users can also send/receive funds to/from external wallets.
Platform Overview
BLOSOME is a Web3-enabled, Next-Gen Social Media Platform offering creators ownership and new monetization through channel NFTs and fractional NFT slices.
Channels & NFTs
Users can mint up to 3 unique NFTs, each representing a channel that the creator owns and get benefits of content creation, earning crypto whenever Slice(s) are bought/sold, listing/selling of NFT, etc.
Slices & Slicers
Channel NFTs can be fractionalized into Slices which other users may buy and sell. A user holding one or more Slices is a Slicer; Slices provide incremental ownership and unlock features as supply grows.
Search & Discovery
Find any user or NFT with global search. Use filters and views (General, My View, Listed) to refine results and surface the content and creators you care about.
Pricing, Slices & Dynamic Value
Quadratic pricing: When a slice is purchased, the price of the next slice increases in a quadratic fashion; when a slice is sold, the next slice price decreases in reverse quadratic fashion. This creates predictable growth curves and rewards early supporters.
Platform & Owner fees: For every slice buy/sell, both the platform and the NFT owner receive 4.75% of the transaction. When an NFT is purchased outright, the platform receives 4.75% and the remainder goes to the NFT owner.
Note: NFT owners and current slicers cannot directly buy their own NFT — a slicer must first sell their slices if they wish to purchase the NFT.
Feature Unlocks by Slice Count
- 1 Slice: Buy / Sell Slices
- 10 Slices: Group chat (Owner + Slicers)
- 25 Slices: Weekly live video session (Owner + Slicers)
- 40 Slices: Ability to list the NFT for sale
NFT Cards
An NFT card provides near-real-time details to help users decide: slices issued, slice buy/sell price, derived NFT price, chat & live links, reviews, rating and fans. Fields shown vary by view (General / My View) and listing status.
Derived NFT price is calculated from the slices issued at that time and can change if slices are bought or sold before a purchase completes.
Content, Fans & Ratings
Channel owners create content tied to their NFT. Users can become Fans, rate content and leave comments. An NFT’s rating is the average of ratings across its content items — ratings and fans help discovery and credibility on the platform.
Listing & Purchase Rules
When an NFT is listed for sale, its list price is derived from all slices issued at that moment. The listed price is dynamic and may change with subsequent slice activity. Platform and owner fees apply to final sales as described above.
When an NFT is sold, the Buyer inherits all the Fans, Content and Slicers of that NFT.