Bring NFT projects to the next level with social tokens for your DAO or community.
Whether it's a playful tool to reward your NFT holders or a token to coordinate decision-making in your newly formed DAO, Roll infrastructure is a powerful tool to bring more value and utility to your NFT community through social tokens.
Social tokens act as a decentralized utility and governance layer for your NFT community. Minting a token on Roll allows you to gain access to a wealth of features that help your token move across Web 2.0 as well as building value for your community in Web 3.0.
NFT communities are all about shared ownership. Social tokens align economic, social and governance features across your community and DAO, expanding possibilities for your project. across Web 2.0 and Web 3.0.
Roll creators mint social tokens on the Ethereum blockchain as ERC20 tokens. These are fungible tokens that can be easily traded on exchanges and used in applications across the web.
Roll provides custodial Ethereum wallets capable of sending social tokens to the Ethereum blockchain and anywhere across the Roll network of applications. The Roll wallet makes sending social tokens to anyone as simple as sending a message. Roll makes it easy to send a token to any Web 3.0 wallet like Metamask or Trust Wallet.
After minting a social token on Roll, you can determine all the ways your token will be distributed and used. Whether it’s to start your DAO, purchase NFTs, unlock exclusive content or build open source liquidity on a DEX, you can start your fungible token economy with your NFT project today and put the power in the hands of your community.
On Roll, social tokens are digital assets that can plug into other applications in the Web 3.0 ecosystem. Market making and liquidity are a core piece for the social token infrastructure for tokens to be bought, sold or traded by anyone on the internet. Create a market on Uniswap/DEXes and increase liquidity with Roll Staking.
Your community token can be bought, sold or traded by anyone on the internet.
Roll Memberships enables creators to deposit any ERC20 token into a smart contract and set terms that enable any Web3 user to pay a fee to redeem a "lot" of tokens. Roll Launch establishes a fairer distribution of social tokens while creating a deeper sense of ownership and creator economy treasury from Day 1.
Communities can create a liquidity pool (Ex: WHALE-ETH) on Uniswap and encourage their communities to contribute liquidity.
Built on top of the existing AMM ecosystem, Roll Staking creates opportunities for liquidity providers to receive additional rewards and further incentivize people to participate and contribute to communities’ liquidity campaigns.
We have put together step-by-step guides on how to mint a social token on Roll
Read along and you can always reach out to support@tryroll.com for more help!
If you have feature requests or ideas you can also reach out to product@tryroll.com
What is Roll?
What are social tokens?
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NFT projects from all walks of life are using Roll to create token liquidity and build treasuries for their community.
