Web3 represents the redesigned internet of the future. Trials are already underway, and crypto-focused social media platforms are becoming more widespread. The growth rate of these platforms is much higher compared to other Web3 applications. So, what is StarsArena, which has gained popularity in the last 24 hours?
What is StarsArena?
There are many applications similar to X (formerly known as Twitter). Recently, Meta launched its own application, but none of them received the expected level of interest. Investors longing for a platform that integrates crypto with Twitter are now discovering new alternatives. StarsArena is one of them, and its user base is rapidly increasing due to being shared by many celebrities in the last 24 hours.
With the rapid increase in the number of users, errors in the application are apparent, most likely due to insufficient servers. Needless to say, the slowness is another issue. However, these problems can be overcome quickly.
This platform, located on the Avalanche network, is a new SocialFi project. Users earn points as they interact, which can be converted into cash through airdrops. The platform, initiated by hannesxda, has many enticing features, from tipping to airdrop rewards.
How to Register on StarsArena?
Firstly, we go to the website of the platform. From the opened page, you need to click on the button that allows you to register with your X (formerly known as Twitter) account. When you click on this button, you need to grant permission to the X application called Stars Arena. This application can read your feed, lists, profile information, information about the accounts you follow and mute. Although its ability to access a lot of detailed data raises concerns, the fact that it cannot share on your behalf reduces the risk.
After clicking the button and granting permissions, you will reach your user page shown above. Just like other social media accounts, you can follow celebrities, cryptocurrency experts, and others here.
You can access your wallet and deposit and withdraw money from the Wallet tab. If this application receives the expected level of interest, it can contribute positively to the activity of the Avalanche network and help increase the price of AVAX.
Tip: If you receive an error after granting permission to the application, you can remove the application from your X account and go to the StarsArena website again for re-registration.
How to Get StarsArena Airdrops?
Users will earn points by interacting with the platform and will be rewarded with airdrops based on the accumulated points. When you enter the Airdrop tab, you will see a message stating that the points you earn will be converted into tokens on a weekly basis according to your activity.
To collect points, you need to make shares, bring new users to the platform with referral codes, and create tipping volume. To send tips, you should use the wallet mentioned above.
You also have the opportunity to buy and sell profiles as shares, just like in the Friend Tech application. This means that if the interest continues, the value of some leading profiles can increase significantly. The application is still very new, and investors should not overlook possible risks.