Moby Spotlight: Beoble

Moby is thrilled to announce the first Alpha Chest drop at 12:30 PM February 28, featuring Beoble - the chat solution for Web3 people.

Read this blog to learn more about Beoble.

Beoble is an innovative communication platform designed to facilitate seamless wallet-to-wallet conversations. It features a web-based chat application alongside a comprehensive toolkit for Dapps integration, supporting a wide array of major wallets. All communications are secured with end-to-end encryption, ensuring privacy and security. The platform is dedicated to delivering a superior Web 3.0 messaging service, addressing the shortcomings of previous attempts in the industry that struggled to maintain user engagement due to inferior quality compared to Web 2.0 offerings.

Beoble's mission is to enhance the Web 3.0 communication landscape by ensuring no compromises on privacy, security, or user experience. It aims to reward its users fairly, honoring the principles of a user-owned Web 3.0 product and utilizes Web 3.0 data to offer a distinctive messaging experience.

• Beoble has raised $7 million from prominent investors, including HashKey Capital, SamsungNext, DCGco, DWFLabs, LaserDigital, BlockchainFF, Cypher Capital, Morningstar Ventures, CogitentV, and others.
   
• Beoble has over 1.1 million unique users, a 6x growth in daily users since mid-December 2023.

• Chatting Capabilities: Beoble stands out as a chat solution, enabling users to engage in rich, feature-filled conversations through an end-to-end encrypted wallet-to-wallet chat system.
• Earning Opportunities: Users of Beoble can gain financially through its innovative "Chatroom Economy." This system rewards users for their active participation by allowing them to earn points from interactions. The more a user contributes to a chatroom, the larger their share becomes, which means they get a fair portion of any revenue generated by the chatroom, such as entrance fees.
• Gaming Integration: Beoble is not just about chatting; it also incorporates gaming directly within its app. Moreover, it permits external games to link with Beoble's messaging protocol, fostering a social gaming environment for its users.
• Following and Discussing: The platform makes it easy for users to follow and analyze wallets, facilitating discussions among peers about these wallets.
• Discovery and Community Building: Beoble excels in bringing communities together by analyzing user wallets and grouping them based on their holdings. It also suggests potential chat partners by examining the contents of your wallet, making it easier to discover and connect with like-minded individuals.

Beoble has developed a distinctive framework known as the Communication Delivery Graph (CDG) to revolutionize the way communications are delivered, aiming to shape the future of Beoble. This initiative focuses on creating a separate network specifically for communication, prioritizing privacy and decentralization. This approach addresses the limitations of cloud-based and peer-to-peer messaging systems from Web 2.0, which often fall short in security and privacy due to centralization risks. Consequently, Beoble has crafted a fully decentralized, privacy-centric communication model named CDG. In comparing Beoble to competitors like Telegram and Discord, which have historically dominated the chat space for Web3 users, Beoble distinguishes itself through three key competitive advantages:

• Chatroom Economy: Beoble introduces a unique economy based on rewarding contributions within chat rooms. This innovative system has successfully attracted multiple key Telegram Key Opinion Leaders (KOLs) and communities, such as Pudgy Penguins Asia, by offering incentives for active participation.
• Anonymity and Security: Beoble enables users to interact with any wallet across various chains in a manner that is both anonymous and secure, addressing common concerns regarding privacy and safety in digital communications.
• Infrastructure for Integration: Beoble extends its capabilities to other dApps, facilitating integration and cross-dApp communication. This infrastructure allows for seamless interaction between applications, enhancing the user experience. For instance, a Web3 game could incorporate Beoble's in-game chat feature, enabling players to communicate with guild members both within and outside the game through the Beoble app.

Comparatively, XMTP, a similar platform that emerged around the same time as Beoble, currently lacks several features, including group chat capabilities. This shortfall has limited XMTP's ability to attract significant user engagement and traction in the market.

• Ticker: $BBL (ERC-20)
• Max Supply: 1,000,000,000 $BBL
  • Presale Investment  
    • Pre-seed: 10%, 6 months cliff, 12 months linear vesting.
    • Seed: 10%, 6 months cliff, 12 months linear vesting.
    • KOLs/Angels 4.5%, 10% at TGE, 3 months cliff, 21 months linear vesting (max allocation: $5,000).
  • Protocol Development: 10%, 5% at TGE, 36 months linear vesting.
  • Ecosystem: 15%, 5% at TGE, 36 months linear vesting.
  • Treasury: 16.38%, 5% at TGE, 36 months linear vesting.
  • Team: 20%, 6-month cliffs, 18 months linear vesting.
  • Public Sale: 1.62%, 100% at TGE.
  • Community Airdrop & Marketing: 12.50%, multiple phases or airdrop over 24 months.

• B2B payments to burn $BBL
• Chatroom Entrance Fee (% of it burnt)
• Donation (% of it burnt)
• (Plan) Super Chat – sending $BBL with DM to be claimed once read (% of it burnt)
• (Plan) OTC (in DM) & Social Trading (in group chats) (% of it burnt)
• Text Games & (Plan) Marketplace (% of it burnt)

Beoble B2C model is built upon the utility of their tokens, with an expectation that users will buy these tokens for use within their application. During transactions, a portion of the token is burnt as a fee, leading to a gradual decrease in token supply. This decrease is anticipated to drive up demand, aligning with their supply strategy.

On the B2B front, their approach is centered on the integration of their messaging protocols with various institutions and businesses. Beyond merely offering the protocol, they also provide CRM dashboards and analytics, catering to business needs. These offerings are envisaged to generate revenue as a premium business feature, adopting a SaaS model akin to that of Sendbird, GetStream, Intercom, or Zendesk, familiar in the Web2 space.

Team Members: builders from Microsoft, Meta, Goldman Sachs, and more.