Collab.Land, known for its token gating tools, has unveiled Telefrens, powered by Arbitrum, debuting the first Social Finance (SocialFi) bot on Telegram. This innovative addition promises an easy token trading experience within the popular messaging app and introduces a game-changing approach to user onboarding and creator rewards.
Scheduled to launch on December 18, 2023, Telefrens by Collab.Land opens the door to all 500 million monthly active Telegram users. This SocialFi bot leverages Collab.Land’s community tools and Telegram’s chat functionality to set a new standard for the SocialFi experience.
Direct token gating:
Telefrens simplifies the process of setting up a token gated group on Telegram, eliminating the need to purchase membership tokens from external platforms. These integrations ensure a seamless experience for users and streamline group access.
Transactions in Telegram:
Telefrens has introduced a one-click copy transaction feature to facilitate the buying and selling of passes directly within Telegram. After the cryptocurrency-based launch, fiat onboarding will be available to more people.
State-of-the-art security:
Telefrens prioritizes user security through account abstraction and passkey two-factor authentication, providing strong protections for users participating in token transactions.
Creator Economy Royalties:
The smart contract creates a system to reward creators within the SocialFi ecosystem by enforcing a 5% royalty on all purchases and sales. Additionally, a referral rewards system encourages user engagement and expansion.
AI integration:
Telefrens integrates AI agents to improve GPT and improve community experience. AI provides insights into group members’ sentiments and community health, contributing to a more dynamic and informed environment.
Founded in 2020, Collab.Land has been a pioneer in the membership platform space, introducing the concept of token gating for exclusive cryptocurrency communities on platforms such as Discord and Telegram. With a proven track record of secure services spanning three years, Collab.Land boasts over 11 million wallet connections and serves as the primary community management tool for 50,000 active projects, including well-known brands and noteworthy NFT projects.
Collab.Land’s Telefrens is emerging as a force for change in the SocialFi landscape by seamlessly integrating token trading within Telegram. With user-friendly features, improved security, and creator-centric incentives, Telefrens sets the stage for a new era of participatory and inclusive token-based communities. As adoption of SocialFi bots continues to grow, Collab.Land is at the forefront of innovation and shaping the future of decentralized social finance.