💁WeMet Overview

Introduction to WeMet

WeMet stands at the forefront of the social dApp sphere, offering a unique blend of socializing and earning opportunities in the Web3 realm. We're pioneering a new era in social media monetization, introducing tailor-made pay-per-group communities and a novel decentralized donation system. This approach not only empowers content creators with direct financial rewards but also enriches the creator economy's holistic cycle.

Innovative Pricing Strategy

Drawing inspiration from the decentralized pricing approach of friend.tech, Friend3 presents its groundbreaking Decentralized Pricing Formula. This formula dynamically determines the entry fee for premium groups, formulated as:

P=S^2/K

Variables Explained:

• P: Represents the price of the admission ticket.

• S: Indicates the current group size, or the number of tickets currently held.

• K: Defines the steepness of the price curve, dictating how quickly the ticket price rises or falls based on the group size.

The essence of this formula is its fluidity. It allows the ticket price to fluctuate based on the existing group size and a pre-set steepness variable. WeMet 's pricing model is thus highly responsive to market conditions, fostering better user engagement and encouraging the expansion of the community.