Introducing Telefrens: The First SocialFi Bot on Arbitrum for Token Trading in Telegram
Collab.Land has launched Telefrens, a Social Finance (SocialFi) bot powered by Arbitrum, allowing intuitive token trading within Telegram. This innovative tool eliminates the need to purchase membership tokens on exchanges and marketplaces, providing a seamless user experience. It also enables direct transactions within Telegram, including buying and selling passes for entry into private groups. Telefrens incorporates state-of-the-art security mechanisms, such as account abstraction and Passkey two-factor authentication, to ensure top-level security for users. Additionally, it enforces a royalties system of 5% on every buy and sell, as well as a referral rewards system. The launch of Telefrens marks an exciting advancement in the SocialFi landscape.
About Collab.Land
Founded in 2020, Collab.Land is a membership platform that introduced the concept of Token Gating. It enables the creation of exclusive crypto communities on social platforms like Discord and Telegram by setting specific token-related criteria for access. Collab.Land has facilitated over eleven million wallet connections and is utilized by more than 50,000 active projects, including high-profile brands and organizations.
Hot Take: Telefrens Revolutionizes SocialFi
The launch of Telefrens represents a significant milestone in the world of Social Finance. By integrating with Telegram and leveraging the power of Collab.Land’s trusted community tools, Telefrens offers an intuitive and secure platform for token trading within the popular messaging app. With its seamless user-onboarding experience and built-in royalties system, Telefrens opens up new possibilities for creators and communities to thrive. This innovative bot sets a new benchmark in the SocialFi landscape and paves the way for further advancements in the integration of blockchain technology with social platforms.
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