Micro3 Integrates Neon EVM for Enhancing SocialFi and NFT Solutions

Micro3 Integrates Neon EVM for Enhancing SocialFi and NFT Solutions

As blockchain technology evolves and matures, scalability, efficiency, and user accessibility are paramount for dApps interacting with decentralized platforms. Micro3, a SocialFi Mint-to-Earn platform, is taking a significant step in this direction by integrating Neon EVM into its ecosystem.


By doing so, Micro3 will offer a seamless, efficient, and user-friendly experience for those participating in its vibrant, decentralized social and financial ecosystem.


Micro3 is a decentralized SocialFi platform that empowers Web3 dApps and users via its creator economy model. By providing the right tooling for NFT minting, distribution, and cross-chain interoperability, Micro3 simplifies the process of managing NFTs across different blockchains for dApps. Additionally, it allows users to create and trade NFTs easily while engaging in social activities, quests and rewards programs. With this, Micro3 aims to make Web3 and NFTs more accessible and interactive.


Benefits of Neon EVM Integration


As the first parallelized Ethereum Virtual Machine (EVM) built on the Solana blockchain, Neon EVM presents a transformative approach to parallel transaction execution. It ushers in blockchain infrastructure, efficiency, and scalability for those building and deploying on its ecosystem.


Micro3’s decision to integrate with Neon EVM was influenced by several compelling factors:


Seamless interoperability: Neon EVM facilitates the deployment of Ethereum-native dApps on the Solana blockchain with minimal code reconfiguration, aligning perfectly with Micro3's vision of simplifying access to Web3 technologies.


Enhanced performance: Neon EVM is built on Solana and inherits Solana’s high-performance advantages. By leveraging Solana’s high throughput and low transaction fees, Neon EVM can provide the scalability and efficiency needed to support Micro3’s growing user base.


Robust developer ecosystem: Neon EVM’s support for Ethereum smart contracts allows Micro3 to leverage existing tools and languages (Solidity, MetaMask, HardHat, Foundry etc.), ensuring a smooth transition for developers and retaining the familiar user experience. Detailed docs and a strong developer community allow seamless access to resources for new builders.


Active user base: By integrating Neon EVM, Micro3 leverages Solana’s native environment and vast ecosystem with an active audience that enjoys NFTs, quests, meme-coins, and social interactions. As of June 6, 2024, the Solana environment hosts 1.72 million active wallet addresses and is rising.


Jason Nguyen, CEO of Micro3, says, “Micro3 has integrated Neon EVM to harness Solana's high-speed blockchain, enhancing its SocialFi platform by enabling seamless Ethereum dApp integration and improved NFT management. This move boosts efficiency, reduces costs, and connects Micro3 to a vibrant Web3 community.”


What does the integration offer for dApp builders?


Micro3 solutions will now be available for users and builders on Neon EVM and will bring forth the following several key enhancements:


  • NFT infrastructure-as- a-service: Micro3 infra enables seamless deployment, minting, and distribution of NFTs across various blockchains via LayerZero and Chainlink. Projects can easily conduct snapshots and distribute airdrops, streamlining the process while better-managing resources across different environments.


  • SocialFi revenue sharing: Micro3 solutions enable users and communities to monetize from the NFTs they deploy, incentivizing active participation and contribution. However, users must do their own research and visit Micro3 platform for all details.


  • Curating quests and on-chain activities: Micro3 enables dApps to create and curate an open and collaborative social environment where all projects can benefit from increased marketing exposure and sustained engagement. By curating social and on-chain quests, projects receive the marketing visibility they need to thrive.


According to Micro3’s integration announcement, integrating Neon EVM will enhance the platform’s capabilities. Subsequent enhancements and upgrades will allow users to experience improved NFT creation and management and more efficient SocialFi interactions.


Future Outlook


Integrating Neon EVM into Micro3 is poised to deliver a superior experience for users and developers alike. The new avenues this opens is set to drive further innovation in SocialFi and NFT technologies, enhancing the overall ecosystem. That said, come see the buzz within Neon EVM community on Discord and stay tuned for all the EVM alpha on our Twitter.


Are you building?


If you plan to build your dApp, read more on Neon EVM architecture on our docs. Contact Ivan Ponyuk ([email protected]) on our Growth team for an insightful conversation. Don’t miss a beat: join Neon EVM on Discord and Twitter for the latest updates.


About Neon EVM:


Neon EVM is an Ethereum Virtual Machine (EVM) that empowers developers to build and deploy dApps seamlessly from EVM chains to Solana, all from their existing codebase. It operates as a program on Solana that accepts transaction requests via public PRC endpoints. It gives developers the power to directly deploy Ethereum dApps with minimal reconfiguration to the code while benefiting from Solana's technical advantages, such as parallel processing. For more information about Neon EVM and future updates, visit NeonEVM.org and connect with the community on Twitter or Discord.


About Micro3:


Micro3 is a decentralized SocialFi Mint-to-Earn platform that empowers Web3 projects and individuals through innovative NFT creation, seamless trading, and robust financial incentives. Utilizing cutting-edge technologies like LayerZero and Chainlink, Micro3 offers a comprehensive solution for NFT management and user engagement. To learn more and get involved, visit Micro3.io.


*Disclaimer: The information contained on this webpage is not intended as and shall not be understood or construed as legal, tax, investment, financial, or other advice. Nothing contained in this constitutes a solicitation, recommendation, endorsement, or offer by Neon EVM or any third-party service provider to buy or sell any crypto-assets or other financial instruments. We recommend users do their own research, fully understand the nature of their purchase/actions and the risks involved and always seek independent financial advice if in doubt.

Shailey Singh
Shailey SinghMarketing Manager
Jun 11, 2024

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