TLDR Crypto · INNOVATION & LAUNCHES
MEET REACH: THE SOCIALFI STARTUP TACKLING TWITTER’S ALGORITHM AND BOT PROBLEM
Summary from the TLDR Crypto newsletter
SocialFi startup Reach has announced the full launch of its Ethereum-powered protocol aimed at combating Twitter bot engagement within the crypto market. Having raised $1M in funds from Crypto Twitter personalities like Seedphrase and Pranksy, the platform incentivizes quality engagement by monetizing and authenticating community-oriented "missions". Reach also plans to offer mission-issuing capabilities to other crypto communities via a Discord bot. The REACH token and protocol will launch publicly on December 18.