Crypto Updates

Propeller Launches As First DApp Built on River Protocol

Propeller Launches As First DApp Built on River Protocol

June 26, 2024 – New York, New York


New Web 3.0 community platform aims to improve product feedback and user engagement.

Today, LCA announces the launch of Propeller, the first DApp (decentralized application) built on the open-source communications protocol, River.

Propeller is set to transform the way product teams engage with their users, gather meaningful product feedback and build community.

LCA renowned for collaborating with top brands like Nike, Reddit, Dropbox, Opensea and Moonpay has been consistently developing innovative, community-centric products.

Propeller represents an opportunity for legacy social platforms to step into the next phase of community collaboration, emphasizing purpose-built online spaces designed to meet the unique needs of specific communities.

Greg Isenberg, CEO of Late Checkout, said,

“LCA was founded with the mission of connecting the disconnected through products that bring people together. Propeller is all about helping early-stage product teams connect directly with users who love (and hate) them.

“We’re thrilled to see Propeller launch on the River Protocol, focusing on privacy, security and giving users real ownership in the community – it’s a new era for feedback.”

Propeller challenges the status quo of one-way user feedback systems by facilitating dynamic conversations between users and product teams.

On Propeller, users can interact directly with team members, share ideas and engage with other power users all while being rewarded for their valuable input.

This community-driven approach ensures that feedback is not only collected but also acted upon, fostering a sense of belonging and investment among users.

Highlighting the significance of this launch, Brian Meek, co-founder and CTO of HNT Labs, the Web 3.0 venture studio behind the River Protocol, said,

“The River Protocol was designed to empower communities with enhanced privacy, security, reputation and ownership. Propeller is a perfect example of how these principles can be applied to create a more engaged and valued user base.

“We are thrilled to support Propeller as the first DApp on our protocol and look forward to seeing its impact on community engagement and product development.”

With River’s token-gated memberships and on-chain verification, Propeller ensures that product feedback comes from verified community members.

Each membership exists as an NFT (non-fungible token), providing proof of early…

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