In this YouTube video, the creator provides an introductory review of Sola, a cryptocurrency‑backed social media platform that functions similarly to Steemit. He outlines Sola’s recent ICO (raising over $2 million), its current trading on Tidex for Ethereum, and its rapid user growth to roughly 800 k–1 million accounts within a few months. The platform’s mechanics are explained: users post "postcards," receive up‑votes, and earn "Soul dollars" (currently worth about $0.20) and attention points (APs) through an attention‑value model. The video details Sola’s revenue strategy—display ads on posts whose proceeds are reinvested into the SOL token—arguing this could sustain long‑term value. Referral rewards (10 % of referred users’ earnings) and early personal earnings (e.g., 10 SOL per poll) are highlighted. The presenter compares Sola to Steemit and a prior competitor, WowSpark, noting Sola’s higher activity and view counts. He mentions concerns raised by some users about account bans and centralization but states he cannot verify them yet. Overall, the tone is optimistic, emphasizing Sola’s potential for rapid scaling, sustainable tokenomics, and urging viewers to try the platform early via his referral link.
Chapters
Hey you, welcome back to the channel. And guys, today I want to talk about Sola, which is this new cryptocurrency social media platform akin to Steemit. It has a similar feel to Steemit, and I'm right now researching Sola, trying to gather as much information as I possibly can about it. And a lot of Some of the concerns I had about the integration of social media platforms into a cryptocurrency-based system is being addressed by, by Sola. And I find that a good thing, and I'm glad that someone's finally taking it serious. Now, Sola, I believe in late December, mid-December of last year, launched an ICO that took in a few million dollars. I believe over $2 million. They did hit their, their goal, and SolarDIN went on to now is traded, I believe, on Tidex. It's traded for Ethereum, and they do have plans to go to major exchanges. Now what's very interesting about Sola is that in a very short period of time, how their system is set up, they're almost already at 1 million users. I believe they've already surpassed over 800,000 accounts. And so how does it work? Well, basically it's very similar to Steemit where you upvote comment, you know, content. And, you know, people like your content. Look, works a lot different. It's kind of like they have a setup of what they're— what is called the postcards. If I go here to some of these activities, you can kind of see what they look like. But they're like these little postcards. And what happens with them is people upvote your content, and when they upvote your content, you basically get, you know, their currency, which is Soul dollars. A Soul dollar right now trades for around about 20 cents. I believe it traded around 10 cents when it when the ICO was launched. So I think it's doing pretty well at this point in time, but I think what's going to be very key with Solar is basically its blueprint on how it wishes to grow and being sustainable. And I think it does a very good job at addressing several elements in relation to that. First off, Solar is basically going to use ads. At this time, they're using ads that will be available on your posts. Some cryptocurrencies haven't wanted to do that, but Solar is one that will, and they already have about 1 million users. So ad space will be a part of their money, and they plan to take this this ad money reinvested in their cryptocurrency coin. Now that's gonna be very important, guys, because to understand that, one theory is that for every $1 that's invested in cryptocurrency markets, there is an effect, there is a kind of chain reaction or it creates an impact of about 50 times that dollar. And if they're taking millions of dollars in ad revenue and reinvesting it back in their coin, they could have a very positive effect. Also, their growth rate is so large, so quickly, that if at the point they're moving, I could easily see them at 10 million users, 100 million users. And so, you know, this is gonna be quite key with sustainability Uh, at this point in time, even their market doesn't seem to be, uh, tanking or anything like that. And that might be due to a lot of people, uh, right now going to hold on to their coins to, you know, to basically see, uh, what's going to happen with them, you know, if they're going to see a growth rate. I just opened an account today. I received about 200 attention, uh, points, right? Um, or action points, I'm sorry. And, and this is based on the attention value model. The entire idea of what gives SOL a value is basically, uh, what they term an attention value market. Um, and, um, I think that solves many problems with how you're going to value this coin, how you're going to sustain this coin. And so far they seem to to, to have a lot of answers or questions, uh, answers, especially for me. Really liking what I'm seeing so far. I've done 2 polls so far, just pictures, and I received already, uh, 10 SOL on each. Uh, so that's, uh, I think that would be about $2, uh, on each, uh, if I'm not mistaken. Um, or it might be, or if they're APs, let's see. I'm sorry, I think those are APs and 24. I received 24 APs, so that's 0.22 SOL. So looking at about not even a few cents, 5, 6 cents, something like that. They're only 20 cents each. But, um, also what I find very interesting, what's very appealing for me especially, uh, you know, being involved in, you know, various online businesses and marketing, is, uh, you get 100 action points and 10% of all of the Soul Coins earned by users by using a referral link that everyone's given who registers an account. So you can earn from referrals. You don't need— so basically being rewarded every time you, uh, recommend someone to the site, which is also something that I, I found that would be a good idea. As you're bringing value into the platform. More users, more value, more money, more trading. And I really think it's a great system, guys, how it's being sustained. I have been looking for a system like this for quite some time and voicing my opinions with other social media networks that in the cryptocurrency space that hadn't taken advantage of this. And I always, you know, thought to myself that it's just a matter of time before somebody finds out that they can do this. Now, some complaints that come up so far with, um, uh, Solana has been bans on certain accounts. Uh, now, um, the thing is, um, uh, some people are saying that their accounts are being banned, uh, without warning. Some are saying that Solana is, is a pretty centralized type site. And it's very little decentralization. And I honestly, guys, can't really speak a lot on SOLA on those subjects at this point in time, as I am still reviewing this. I want to do a series of reviews on this and try to find out many of these questions and answers. But so far with their blueprint and their plan and having such a large user base at this time, this quickly, less than 3 months, almost a million users. I am definitely impressed with that. And obviously when you got that much attention in one place, value comes with it. There's no question of that. So I'm excited to see what's happening with SOL, guys, SOLA. As I said before, I will be doing some series of videos to get, you know, to get as much information about solar as possible. Very similar to Steemit. Several months ago, there was another company that came on the scene. Synergy launched an application called WowSpark. Not sure what happened with that. It was— some people thought it was going to be the Steemit killer. And I It wasn't, I don't believe. I'm not sure what the user base, some people said it may have only had about 1,000 users. But whatever happened with that application, Sola seems to be, definitely has surpassed that and may actually be a candidate, you know, to run as a competitor against Steemit. As much as I love Steemit, My take, guys, has always been competition is good for the world and technology. I think competition not only makes things better, but it creates more incentive to create, uh, you know, better situations for the users. And so I'm always for competition, uh, but I will be reviewing Sola. I will be getting all the ins and outs, uh, um, I do think Sola is going to be around. I think it It solves a lot of problems such as, you know, dealing with in this day and age, very limited time. They just post these postcards with pictures and what people are doing. Doesn't take a lot of learning, understanding. At the same time, it's going to be running ads and making money from advertising. So that's going to keep money coming in that can bring in value and money for people as well as you can buy the coins. But with them using all these methods at once, I think that that's going to end up equaling out to be a good situation for them. Right now the price is good. I definitely will be picking up some SOL because I do believe in the concept. That's usually what gets me to buy something. If the concept is good, I don't much care about the price at time. I care about will this be a sustainable model going forward, and I think Solei will definitely be that. I think it's, it's understanding some of the problems in association with social media and platforms that are engaging or going into the cryptocurrency space. So I'm definitely interested in that. And guys, I will be leaving my link. I'm not 100% sure, don't quote me on this, but I do believe if you use another person's link, you will get, I believe, 200 attention points, action points, right? And they can be converted to SOL. SOL can be converted to Ethereum. And it does have this kind of— it's like a 7-day waiting period on your on your posts. I'll go to my posts and see what we got there. And let's see here, posted 2 hours ago. Let me go to dashboard because I believe that much like applications like Steemit, Yep, says 7 days left here on the poll. So what that means is I've gotten 7 days on this. Here's another interesting thing that happens on Sola that I noticed doesn't happen on Steemit with me and some of the other platforms such as this is that there is a, I already have 46 views And I just posted this a few hours ago, right? There are a lot of views that come through on your posts, and that could be good for a lot of things. It could be good for marketing. It could be good for just getting, you know, attention to you or your brand or whatever you happen to be doing. But you're getting a great deal of views on your, on your post. And that's awesome because You know, that's, you know, giving you a lot of marketing potential now, whereas Steemit sometimes I only might have— might take me all week to get 46 views on a post or something like that. And I'd imagine that's due to the numbers. But so far, guys, I mean, Sola is coming out of the box with a lot, a great deal, many of bonus features, if you will. That I really like. So I'm gonna be, I'm gonna be paying close attention to this. Again, guys, it doesn't hurt to try this. Check it out. Try my link in the description so you can get you some attention points. And tell me all what you think when you get on here. Tell me, do you think that this is going to go on to be a big cryptocurrency? It's at about 10-20 cents now. When it does hit major exchanges, which I think it will have no problem at all doing because just doing size and scale to the user base this quick. I could see these guys with like 10 million users in next couple of months. With all of that, do you think that this is going to be a coin that's going to be a force to be reckoned with or something you definitely need to invest in? With them using ads as revenue like your standard social media sites, it does seem that they won't necessarily need direct investment into their coins. And I also find that, find that great, but you can buy the coins, which is what I'll be doing, trying to buy early in case they do go up in value. But anyway, guys, that's all I want to say so far about SOLA. Pretty excited about it. I registered my account today, got it right away. Not many people talking about SOLA right now. So what that tells me is that a lot of people don't know about it. And so if you're getting this message, go ahead, use that link, get involved right away. You definitely want to be early on this, especially if you've missed out on similar opportunities like this weren't able to get involved before. Guys, you like content like this, don't forget to like and subscribe. And until next time, take care.
