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Halo Partners with Movement: Building a Next-Gen Social Monetization Layer for Web3 Creators

Susan Sarandon
Release: 2024-11-07 18:10:27
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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.

Halo Partners with Movement: Building a Next-Gen Social Monetization Layer for Web3 Creators

SocialFi platform Halo has partnered with Movement Labs to launch a social monetization layer powered by Movement’s blockchain technology.

Supported by Movement’s blockchain technology infrastructure, Halo's new social monetization layer ensures secure, low-cost, and efficient transactions, empowering creators to earn effortlessly from their interactions and monetize their influence like never before.

Halo's social monetization layer provides creators with multiple revenue streams, including up to $2,000 per month through the Creator Program. This layer offers low-cost, efficient transactions that support creators in earning consistently from their engagement, thanks to Movement's secure, high-performance blockchain technology. Influencers can trade Halo Influencer Badges (HIBs) that offer consistent 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.”

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.

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