Collab.Land, known for its token gating tool, has unveiled Telefrens powered by Arbitrum, marking the debut of the first Social Finance (SocialFi) bot on Telegram. This innovative addition promises an effortless token trading experience within the popular messaging app, introducing a game-changing approach to user-onboarding and creator rewards.
Collab.Land's Telefrens, set to launch on 18 December 2023, opens the doors for all 500 million monthly active Telegram users. This SocialFi bot leverages Collab.Land's community tools and Telegram's chat features, setting a new standard in the SocialFi landscape.
Telefrens simplifies the process of setting up token-gated groups on Telegram, eliminating the need to purchase membership tokens on external platforms. This integration ensures a seamless experience for users, streamlining group access.
Telefrens facilitates the buying and selling of Passes directly within Telegram, introducing one-click copy trading features. Following a crypto-native launch, fiat onboarding will be available to a broader audience.
Telefrens prioritises user security with account abstraction and Passkey two-factor authentication, providing a robust safeguard for users engaging in token transactions.
Smart contracts enforce a 5% royalty on every buy and sell, creating a system that rewards creators within the SocialFi ecosystem. Additionally, a referral rewards system encourages user engagement and expansion.
Telefrens incorporates an AI agent to refine its GPT, enhancing community experiences. The AI provides insights into group members' sentiment and community health, contributing to a more dynamic and informed environment.
Established in 2020, Collab.Land has been a trailblazer in the membership platform domain, introducing the concept of Token Gating for exclusive crypto communities on platforms like Discord and Telegram. With a proven track record of secure service spanning three years, Collab.Land boasts over eleven million wallet connections, serving as the primary community management tool for 50,000 active projects, including renowned brands and notable NFT projects.
Collab.Land's Telefrens emerges as a transformative force in the SocialFi landscape, seamlessly integrating token trading within Telegram. With its user-friendly features, enhanced security, and creator-centric incentives, Telefrens sets the stage for a new era of engaging and inclusive token-gated communities. As the adoption of SocialFi bots continues to grow, Collab.Land positions itself at the forefront of innovation, shaping the future of decentralised social finance.
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