👩❤️👨Why Pumpkin?
What pain points do we hope to solve?
Despite the plethora of social and entertainment products available in the market, many issues remain unresolved, particularly within the Web2 landscape. We hope Web3 can change the game, but so far, no Web3 social product has achieved mass adoption.
Low retention
From a Web2 perspective, social entertainment products struggle with long-term retention due to the lack of sustained incentives for paying users. This leads to poor user experience on the supply side, ultimately causing an imbalance in the ecosystem.
Lack of network effect
From a Web3 perspective, social products lack established business models to support them, making it difficult to attract Web2 users and create the traffic aggregation effect essential for a social platform's success.
Privacy protection
Many users prefer that their social activities remain private, not only from their friends but also from the platform itself. This makes encryption and decentralization crucial for the platform.
Icebreaking challenge
Traditional social apps struggle with helping users break the ice and start meaningful conversations. Our AI capabilities will offer innovative solutions for initiating and maintaining engaging dialogues, enhancing the overall user experience.
In summary, Pumpkin leverages Web3 and AI technology to address the fundamental shortcomings of existing social apps, providing a more private, efficient, and engaging platform for users.
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