Victoria, Seychelles, November 7th, 2024

Halo, a leading SocialFi platform with over 1 million users, has partnered with Movement Labs to launch an innovative social monetization layer powered by Movement’s advanced blockchain technology. 

Supported by Movement’s robust blockchain technology infrastructure, Halo’s new social monetization layer ensures secure, low-cost, and efficient transactions, empowering creators to monetize their influence.

A New Era of Social Monetization by Halo, Supported by Movement’s Blockchain Technology

Halo’s social monetization layer provides creators with multiple potential revenue streams, including up to $2,000 per month through the Creator Program. Leveraging Movement’s secure, high-performance blockchain technology, this layer offers low-cost, efficient transactions that support creators in earning consistently from their engagement. Influencers can trade Halo Influencer Badges (HIBs) that offer consistent potential revenue streams and have shown returns of 50x-200x. 

The platform also provides tools like the AI Training Portal, Profit Sharing System, and Quests Platform, allowing users to participate in AI training, collaborate on social quests, and monetize desensitized data, opening new paths for social monetization across Halo’s ecosystem.

“Security remains one of the biggest challenges to the mass adoption of SocialFi, particularly with issues around ‘approval’ requests, which are a common target for hacks,” said Jeff Hou, CEO of Halo. “Partnering with Movement allows us to address this crucial problem, bringing enhanced security and SocialFi innovations to both the Movement and Ethereum ecosystems. Together, we’re driving the future of decentralized social platforms.”

Halo Bounty Q&A, Deploying on Movement

As part of the Social Monetization Layer, Halo is set to launch an exciting new feature: Bounty Q&A. This groundbreaking social tool, soon to be deployed on Movement, allows users to share knowledge and earn rewards simultaneously. It redefines how people interact and share information, creating a new channel for both Halo and Movement to onboard new users, and also a new avenue for social engagement and monetization.

Halo’s innovative features and growth will also be supported by the $20 million Movement Crypto Fund, which aims to foster innovation and adoption across the Move ecosystem. And as part of this strategic alliance, Halo will participate in the "Building the Parthenon" initiative, Movement’s collaborative testnet program aimed at uniting the community to build a decentralized ecosystem. 

About Halo

Halo is a social monetization platform built for the AI era, empowering users to earn rewards from posts, transactions, and engagements. With a community of over 1 million users, Halo combines Web3 DID, AI-driven insights, and a Wallet Aggregator to create a seamless experience for monetizing social influence. Through decentralized governance via blockchain technology and fair profit-sharing, Halo is redefining equitable earning opportunities in the SocialFi space.

Media Links:

Website: halo.social

Twitter/X: HaloDotSocial

Discord: halosocial

Telegram: halowalletsocial

Element: Halo-membership-pass

Mirror.xyz: https://mirror.xyz/halowallet.eth 

Contact

Jesper C.
marketing@halo.social

Disclaimer: Press release sponsored by our commercial partners.

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