Eve World announces 'coto', a Web3 social community platform

Social Samosa
Apr 01, 2022 00:51 IST
Eve World Coto

Coto is a Web3 social community platform for women built on the promise of consent and continual ownership

Eve World announced ‘coto’ - a Web3 social community platform exclusively for women. Derived from ‘come together’, 'coto' is a new digital space for women that enables creativity without bounds and is built on the promise of consent and continual ownership. A one-point destination for women all over the world, 'coto' represents a world that isn’t just free and responsible, but is also one that’s built on participative ownership, where women have the space to express, engage, and be rewarded without toxicity.

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'coto' will be a natural extension of Eve World, synergizing seamlessly, and resting on the pillars of uplifting, inspiring, empowering and enabling together. It will enable women to focus on what’s truly important to them, and building on Web3 principles is what helps us ensure this.

Further, ‘coto’ allows decentralized autonomous organizations or DAOs that are governed by their community, which help members decide on new features and functionality. These self-governed DAOs can make use of governance tokens, which financially incentivize members to vote and participate. Decentralized in nature, blockchain technology allows coto users to partake in a token economy. This way, the community’s revenue goes directly to the content creators when users decide to support or reward a creator they like.

#eve world #web3 #coto #Digital space