On April 22, the Social Network Bitcoin layer-2 staking network will launch, aiming to tackle Bitcoin’s energy consumption concerns. Developed alongside Earth Wallet, a self-custody platform for Bitcoin and Ethereum, Social Network aims to boost transaction efficiency and cut energy costs. Unlike traditional social platforms, it fosters a decentralized incentive system to encourage environmental engagement.

Users engage by visiting parks and using the Earth Wallet app. CEO Sukhveer Sanghera highlights the unique entry: “You can become part of Social Network by going and touching grass.” Through Earth Wallet, users locate nearby parks to capture Regens, region-specific NFT characters, via an AR mode. Regens are distributed based on factors like population density and energy usage in different regions.

Early access is granted to selected contributors and Bitcoin Regen holders, with a public launch slated for April 14. This initiative represents a novel approach to integrating cryptocurrency with environmental consciousness, offering a unique way for users to participate in a greener future.