[PRESS RELEASE – Singapore, Singapore, August 27th, 2024] RepubliK has announced the launch of Creator STOX on the STOX Market, a platform transforming social media monetization and valuation by opening avenues of direct value streams for individual content creators and influencers.
The STOX Market enables individuals to directly support and be rewarded for the success of their favorite creators by purchasing their STOXs using RPK Tokens on Arbitrum, democratizing social media participation, and fostering a direct economic link between creators and their communities.
Creator STOX’s novel value-distribution model allows a portion of fees generated through monetization features on the RepubliK Social App, such as fan subscriptions, token-gated chats and tipping, to be pooled and distributed among STOX holders on the STOX Market dApp. The approach incentivizes creators to build and engage their communities while providing tangible crypto benefits to both them and their supporters.
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