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September 11, 2023

Tako Protocol Invest in “Jam” the Next-generation Social Media app on Farcaster 

Tako Protocol, an open social recommendation protocol today announced a strategic investment in Jam. 

Jam is an AI-powered client built on Farcaster. It is the second most popular client on Farcaster trailing only just behind the defaultofficial client Warpcast.

Tako Protocol Invest in “Jam” the Next-generation Social Media app on Farcaster 

With this investment, Tako plans to supercharge Jam by incorporating its content distribution technology and integrating Jam more broadly with the social ecosystem. 

Jam will also introduce the concept of “Friends Token” to Lens and Farcaster. Just like Friend.tech, this feature will enable users to purchase and trade shares of content creators and their posts directly within the social dApps. But that’s not all; users will also have the ability to trade shares of the actual content itself.

Jam Token will be airdropped to foster a thriving creator community, incentivize creators from various communities including Lens and Farcaster. Friend.tech users will also be part of this airdrop initiative, and other Web3 Social Communities in the future to build a better creator community.    

About Jam: 

Jam is a community-driven Web3 Social dApp, with the primary objective of fostering the creator economy, incentivizing content creators within Web3 social networks, and spearheading the advancement and innovation of decentralized social networks.

About Tako:

Tako Protocol is building an open social recommendation layer in Web3, an innovative layer that will play a key role in distributing recommended content across various protocols and ecosystems! Tako Protocol aims to enhance the sense of use for Web3 Social users, create a seamless interaction experience, and facilitate valuable content discovery.

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Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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Gregory Pudovsky
Gregory Pudovsky

Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.

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