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Nexus: A Gamified Web3 platform Reshaping the Attention Economy
The Value of Attention and the Importance of Engagement in the Digital Economy
In today's digital economy, attention is regarded as a scarce and valuable resource. However, simply gaining attention is not enough to create sustainable value. Attention can only realize its true value when it drives genuine engagement. Passive attention is fleeting and unsustainable, while active user interaction can strengthen the ecosystem and amplify network effects.
As the cost of gaining digital attention continues to rise, businesses must go beyond mere attention-grabbing strategies and develop methods to convert attention into meaningful engagement. This requires effective incentives and diversified participation opportunities. In this context, the gamified attention economy platform Nexus developed by Zentry offers an appealing solution aimed at converting attention into engagement.
Nexus is a Play Economy Web3 platform that transforms everyday activities into games, blurring the lines between reality and gaming. It gamifies social media communication, turning passive attention into active participation. This engagement attracts more attention, which in turn drives further participation, creating a self-sustaining ecosystem.
Nexus integrates the concepts of SocialFi and InfoFi into a unique model, quantifying social media activities and rewarding participation, thereby generating economic value. In addition to economic incentives, it establishes a market-driven system where users can directly assess the quality and influence of information.
Nexus introduces a "working" mechanism in which all users can participate and be active. Currently, it has two levels: storyteller and observer. Storytellers create and share content, driving user attention and engagement. Observers evaluate the quality of the content generated by storytellers and help allocate attention and rewards throughout the ecosystem.
Nexus also offers gamified features based on its tier system, including Vault rewards and leaderboard competitions. Additionally, it introduces Nexus missions and story cards to enhance engagement through structured challenges and interactive rewards.
Nexus integrates AI technology to drive user engagement and enhance platform activities. Zentry's zAI framework enables real-time interaction between AI agents and users, providing a personalized experience and promoting active participation.
Nexus addresses the issues in traditional digital marketing by applying the principles of market economy. Users directly assess and validate content value, thereby measuring influence and content value transparently. This shifts influence from a few large participants to a broader network of participant leaders, facilitating a more complex value assessment system within the attention economy.
The concept of Play Economy in Zentry extends to the metaverse. It aims to make reality feel like a game, giving real-world value to gaming and creating a larger "game within a game" that encompasses everything. Nexus is the central hub of this metaverse, connecting and accumulating all experiences.
Nexus has already attracted 150,000 users, generating 81 million impressions and over 1.3 million interactions. However, these numbers are just the beginning of its broader vision. How Zentry will seamlessly implement its metagame and blur the lines between reality and gaming remains to be seen. Their potential to reshape the digital economy is just beginning to emerge.