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Fragma Launches Metaverse With Rewards and Incentives for Participation

Published 12/03/2021, 09:17 AM
Updated 12/03/2021, 09:30 AM
Fragma Launches Metaverse With Rewards and Incentives for Participation

  • Fragma launches a decentralized blockchain metaverse.
  • Users to get rewards for engagement and activities on the platform.
  • It will provide content creators and advertisers with an avenue to promote and monetize their content.

Fragma, a decentralized blockchain metaverse that provides a variety of ways for advertisers and content creators to promote and monetize their content, announces the launch of its blockchain metaverse.

The perk of it all is that users will be rewarded with tokens for every action on the platform, including commenting, liking, and sharing. Fragma allows content creators to monetize their work by integrating Augmented Reality-powered adverts, while advertisers may reach a wider audience by posting relevant material.

Bloggers and other content providers are encouraged to use GameFi features in their contests, photo quests, and other activities. In particular, the Fragma team says all ad profits will be distributed in native tokens to users based on their popularity and involvement in the metaverse.

Fragma uses augmented reality (AR) to simplify online product placement, with AI targeting appropriate bloggers and users to include products in their content. Additionally, companies who join the metaverse can create 3D copies of their items for influencers to use in their postings, with financial incentives for both parties.

To ensure the security of all parties, Smart contracts safeguard both parties, ensuring that both parties meet their obligations before payday. The AR content integrated into the ads can be utilized for geo-targeted adverts, allowing users to vary the items or labels they promote based on the location of the viewers.

For a gamified user experience, Fragma also offers an NFT marketplace, allowing users to build, sell, swap, or rent NFT collections. Fragma uses DAO governance concepts to keep bots and fraudsters out of the metaverse.

Fragma’s CEO Vadim Onishchenko corroborates on the impact of the platform. He says,

Fragma is revolutionizing the metaverse for the new digital age. Social Media users today are generating wealth for the platforms with the content they post regularly, when they could be generating wealth for themselves.

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