Project Introduction

Squad3 is an innovative social revenue platform built on the ERC standard, dedicated to achieving democratic access to Web3. The core of the platform is based on the team’s social model, providing interesting features tailored for Web2 and Web3 users, including gamified tasks, community challenges, and reward programs. Users can not only create value for the digital community through interaction but also get rich rewards through active participation.

Squad3’s goal is very clear: to reduce the barrier for users to enter Web3, provide a seamless transition tool, and help users experience the charm of decentralized applications without the need for complex technical knowledge. On the other hand, Squad3 provides a channel for project parties to effectively increase brand exposure and attract active users. It is an ecosystem that promotes long-term user retention through social interaction and community participation.

Squad3 project Logo (source: https://x.com/BuildWithSquad3)

Project link:
Official website:https://squad3.fun/
X (Twitter):https://x.com/BuildWithSquad3
Telegram: https://t.me/BuildWithSquad3
Medium:@BuildWithSquad3“”>@BuildWithSquad3"">https://medium.com/@BuildWithSquad3
Whitepaper:https://squad3.gitbook.io/squad3whitepager
Trading link:https://www.gate.io/en/trade/SQ3_USDT

Main features

1. Team-based social experience
   Squad3 adopts a team-based social model to enhance social interaction among users through the guidance of KOLs and team leaders, creating an active and close-knit user network.
2. Task-driven mechanism
   Users can earn cryptocurrency rewards by completing tasks and participating in project activities, which incentivizes their active engagement in community interactions. This mechanism not only boosts the user activity on the platform but also brings in more potential supporters for the project.
3. Seamless Transition Web3
   Squad3 aims to help Web2 users seamlessly integrate into the Web3 ecosystem, providing an effective solution for the popularization of Web3 by reducing technical barriers and participation thresholds, making it easier for more users to get started.
4. Increase project exposure
   Through the Squad3 platform, project parties can significantly enhance brand exposure and user interaction, efficiently expand the scope of influence, and help with project marketing and user acquisition.
5. ZKP Blockchain Technology
   Squad3 uses the Squad protocol and zero-knowledge proof (ZKP) technology to ensure transparency and authenticity of all activities and rewards, which helps to enhance user trust.

Token Economics

Token Name: $SQ3 (Squad3)
Total Supply: 1,000,000,000 coins
Token Type: ERC20
Issuance Mechanism: No Issuance Mechanism
Contract Address: 0x5d18dE1A5292d5DF40F7edd6827AeF3b0Bd080F4

$SQ3 Token Distribution Plan (Image Source:https://squad3.tokenomics/token-distribution)

Token Allocation Plan:

1. Ecological support: 8% released at TGE (Token Generation Event), the remaining 92% evenly distributed over 60 months.
2. Decentralized Autonomous Region: 5% released during TGE, the remaining 95% evenly distributed over 60 months.
3. Airdrops and community incentives: 0% released during TGE, the remaining 100% will be released monthly within 60 months, with a halving mechanism.
4. Team and investors: lock up for 12 months, then release evenly over the next 36 months.
5. Developer incentives: 10% released at TGE, the remaining 90% evenly distributed over 60 months.
6. Market-making liquidity: 50% released at TGE, the remaining 50% distributed evenly over 60 months.

Token Functionality

1. Margin Mechanism
   Merchants need to pay a sufficient amount of $SQ3 as a deposit for creating and publishing tasks. Afterwards, the smart contract will automatically lock the corresponding amount of $SQ3 to ensure that the task team receives the corresponding reward upon completion of the task. If the provider needs to end the task prematurely, the smart contract will settle the balance based on the progress of the task and automatically refund the remaining amount to the provider.
2. Task Ranking and Exposure
   When the merchant pays a deposit of more than $SQ3, the task will receive a higher reward rate, attracting more squads to participate.
3. Captain’s commission system
   During the task settlement, the smart contract will automatically allocate the corresponding $SQ3 rewards to the team based on their contribution and level, and the team leader can also receive the corresponding commission (30% of the team reward).
4. Ecological support function
   $SQ 3 tokens can be used to promote the development of platform cooperation projects and provide initial liquidity on the Squad3 platform; at the same time, project parties can use these tokens to reduce startup costs and provide rewards to users, similar to the startup accelerator model. In addition, ecosystem support tokens will also be used for joint promotion and airdrops, reaching more target users.
5. Developer Incentives
   Developers can earn $SQ3 as rewards by building and integrating new features, a mechanism similar to project financing on crowdfunding platforms, allowing developers to contribute innovative solutions to the platform, driving Squad3’s technological advancement; meanwhile, the platform also provides developers with rich APIs and technical support to better assist them in development.
6. Ecological governance capacity
   Users holding $SQ3 tokens can participate in the governance of Squad3, exercising their voting rights to determine major platform decisions, such as introducing new features or adjusting platform rules.

$SQ 3 The main application scenarios of the token (source: Token Application Scenarios | Squad3 White Paper)

Project Roadmap

2025 Q1: Mainnet Launch
The Squad3 mainnet will be officially launched, entering the Web3 market comprehensively, and initiating large-scale task deployment and reward distribution. At the same time, the platform will explore applications in multiple fields such as GameFi and decentralized social networking, verifying their wide adaptability and functionality.

2025 Q2: Market Expansion
We plan to expand to the Asia-Pacific, European and North American markets, establish a global user base, and cooperate with more projects to carry out airdrop activities and joint promotion.

Q3 2025: Launching DAO Governance
The platform will introduce a decentralized autonomous organization (DAO) to empower community users to participate in platform governance through the $SQ3 token and jointly determine the future development direction; deepen cooperation with more Web3 projects, DApps, and NFT projects to enrich the diversity of the Squad3 ecosystem.

2025 Q4: Multi-Chain Expansion
Plan to release tasks and distribute rewards in a multi-chain environment, enhance cross-chain interaction capabilities, and promote the transition of Web2 users to Web3.

Squad3 Project Roadmap (Image Source:https://squad3.gitbook.io/squad3whitepager/squad3-roadmap)

Price performance

Over the past month, the price of SQ3 token has shown a downward trend. In early January 2025, driven by increased ecological cooperation, the price briefly exceeded $0.12, but quickly retraced. By mid-January, the price entered a narrow range of oscillation, and the long and short forces tended to be briefly balanced.

In late January, after the consolidation phase, the price failed to break through the key resistance level and entered a continuous downtrend. Despite several short-term rebounds during the decline, the rebound was limited and failed to form a clear reversal signal, indicating a weak market sentiment.

As of February 5, 2025, the latest price of SQ3 is $0.029, with a total circulating market value of $30.03 million. In the future, if the team can rekindle attention through application landing, the price of SQ3 is expected to rise. Otherwise, it may remain weak and volatile in the short term.

Price trend of SQ3 token from 2025.1.5 to 2.5 (Image source:Gate.io)

Risk Warning

The early stages of blockchain startups often come with significant risks. As an early-stage project, Squad3 faces considerable uncertainties in its operational model, underlying technology, and regulatory compliance. Serving as a bridge between Web2 and Web3, Squad3’s success heavily relies on the growth of its user base and community engagement. It needs to continuously lower the technical barriers and attract more users, posing higher demands for its long-term sustainability.

For investors, it is particularly important to have a deep understanding of the project background and possible potential risks before participating in Squad3. It is recommended to closely monitor the project’s technological iterations and team dynamics in order to grasp market changes in a timely manner and provide strong basis for investment decisions.

Conclusion

Through its unique social benefit model and task-driven reward mechanism, Squad3 injects new vitality into the Web3 ecosystem. As a bridge connecting Web2 and Web3, Squad3 not only lowers the technical barriers for users to enter the decentralized world, but also provides efficient user acquisition solutions for project parties. With the evolution of blockchain technology, Squad3 demonstrates its technical potential in achieving a balance of interests among users, project parties, and platforms, as well as in multi-chain ecosystem collaboration and decentralized economic development. In the future, Squad3 is expected to become a benchmark for technological innovation in the Web3 field, creating sustainable value growth for global users and project parties, and occupying an important position in the development wave of the decentralized internet.