TechFlow reports that on April 5, the innovative social platform Socrates announced a comprehensive brand upgrade and product adjustment, with plans to launch an entirely new brand and platform product in June. The platform will also implement a series of changes and optimizations to its existing token distribution mechanisms, aiming to enhance user experience, strengthen product competitiveness, and better align with industry trends.
The main adjustments are as follows:
- The existing Socrates product will officially discontinue service and be delisted at 0:00 UTC on April 30, 2024;
- Users holding Socrates Points may exchange them for USDT at a 1:1 ratio before service termination. No exchanges will be possible after service ends;
- Users holding assets such as SOC, Pioneer Pens, and Genesis Pens within the platform must securely back up and retain their private keys and recovery phrases, as export functionality will no longer be supported after service termination;
- NFT Asset Adjustment Plan: Socrates is developing a new asset framework better suited to current times and designed to protect the interests of all platform users.
Socrates is committed to delivering innovative, fair, and engaging next-generation social media products for global users in the "AI+Web3" era.




