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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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Post original content (at least 100 words) on Gate Square related to
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1️⃣ Research the MBG project
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2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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Recently, the SideKick platform expanded its supported blockchain networks, adding tipping functionality for Ethereum and Base chains. This update significantly enhances the platform's cross-chain interoperability, providing users with more options.
On Ethereum and the Base chain, SideKick adopts the same reward mechanism as the Binance Smart Chain (BSC). Users' rewards first enter an intermediate contract, and then are distributed to the streamer and the platform in a 50:50 ratio. Although the transaction volume on these two new chains is currently relatively small, substantial interactions have already begun to take place.
Looking at the performance of the SideKick platform over the past two months, since the launch of the tipping feature on May 23, the platform has processed approximately $164,000 in tipping transactions. This considerable amount has been evenly distributed between the streamers and the platform, with each receiving an income of $82,000.
In terms of user engagement, SideKick has attracted around 3,200 tipper participants across the four supported blockchains, with nearly 2,000 coming from the Solana chain, demonstrating the strong appeal of the Solana ecosystem in the social media space.
It is worth noting that there is a significant concentration of users on the platform. The top contributor has donated $30,900, almost daily tipping on the platform, and ranks high on the fan lists of several popular streamers. Following closely is the second-largest contributor, who has invested $9,400, nearly half of which is used to support the platform's most popular streamers.
The data also reveals the distribution of platform revenue: the contributions of the top ten tippers account for 33.9% of the total tip amount, while the income of the top ten streamers accounts for 39.3% of the total streamer income. This trend of concentration reflects a certain degree of the Matthew effect within the platform.
Overall, the achievements of SideKick in just two months are remarkable, showcasing not only the potential of decentralized social platforms but also highlighting the importance of cross-chain interoperability in user experience and platform development. However, how to maintain the activity of leading users while promoting broader user participation will be an important challenge the platform needs to address in the future.