Project Overview

In the context of the rapid development of blockchain technology, the increasing popularity of cryptocurrencies and smart contracts, the shortcomings of traditional instant messaging tools in privacy protection and exclusive communication functions are becoming increasingly prominent. The encrypted community urgently needs a more professional and secure communication platform. The Size project is born based on such market demand.

Image Source:https://www.size.chat/

From a technical perspective, the Sizechat project is built on the Solana blockchain, benefiting from the high TPS (transactions per second) and low transaction costs of the Solana blockchain, which provide a solid underlying support for the project. This enables efficient processing of a large amount of user-generated chat data, ensuring real-time and smooth chat processes, greatly enhancing the user experience. In terms of smart contract applications, the innovative aspect of the Sizechat project lies in its unique token-gated chat mechanism. Through smart contracts, precise validation of users’ Solana token holdings is conducted, allowing only users meeting specific conditions to enter corresponding chat channels. This mechanism not only ensures the security and privacy of the community, but also provides differentiated communication spaces for users at different levels.

Currently, the number of Twitter followers is about 3000.

Image Source:https://x.com/sizechat

Product Features

Sizechat is an instant messaging application based on the Solana blockchain. Its core feature is the implementation of instant token-gated chat based on any Solana token. Users can experience the product features by logging into the official website and entering the group. The functions can be roughly divided into the following categories:

(1) Gate-controlled chat

The Gate-controlled chat channel is a unique feature of Sizechat, implemented based on smart contracts on the Solana blockchain. Users need to hold a certain amount of specific tokens to enter specific channels, which can create exclusive communication spaces for different crypto communities, project teams, or interest groups, ensuring that only eligible members can participate in discussions, thus enhancing the accuracy and privacy of communication.

Through this feature, project parties or token holders can create gated chat channels for different token holders, allowing small holders (‘small fish’) and large holders (whales) to participate, regardless of the amount of tokens held. It verifies users’ holdings of Solana tokens through smart contracts, allowing only users who meet specific conditions (such as holding a certain amount or specific type of tokens) to enter the corresponding chat channel. This mechanism not only ensures the security of the community but also provides a layered communication experience for community members based on their token holdings. For example, large holders may have exclusive private channels for discussing project strategies or advanced investment strategies, while regular holders communicate daily topics in public channels.

Image source:https://www.size.chat/token/6cSY6ZXZ2im8DR2q7opgYnU3xZKStJe8z5mzG9twpump

(2) Instant Messaging

Supports the real-time sending of various forms of instant messages, such as text, images, and emojis, allowing users to communicate ideas and share information in real time, ensuring the immediacy and fluency of chat, and enhancing user experience.

(3) Group Chat

Users can create or join multi-person chat groups for group discussions, collaboration, etc., suitable for community event organization, project team communication, and other scenarios.

The project strengthens privacy and security by using advanced encryption technology to encrypt chat content, ensuring the security of information transmission and storage. Some channels support anonymous chatting to protect user privacy, and it has an advantage in privacy protection applications in the Solana ecosystem, meeting user needs for privacy and security.

Currently, there are 4 official channels with a total of 39 members.

Image Source:https://www.size.chat/

Token Economy

The native token of the project is SIZE, deployed on the Solana chain, with a total supply of 999,953,227 tokens all in circulation. As of February 2, 2025, the price of SIZE token is $0.00032.

Image source:https://www.gate.io/pilot/solana/sizechat-size

According to the data from solscan.io, there are 2382 SIZE holding addresses at present, with the top 20 holding a total of 56.98%. The top holder is Raydium Exchange, accounting for 15.64% of the total, and it is also the most popular place for SIZE trading. According to the current information, the SIZE token holding addresses are relatively dispersed.

Image Source:https://solscan.io/token/6cSY6ZXZ2im8DR2q7opgYnU3xZKStJe8z5mzG9twpump#analytics

In terms of application scenarios, SIZE is applied in the following aspects:

(1) Chat Channel Access: Users need to hold a certain amount of SIZE tokens to enter specific gated chat channels, which provide exclusive communication spaces for users with different interests and levels, promote precise communication and interaction within the community, and enhance user stickiness to the platform.

(2) Community Governance: In the community governance of the Sizechat project, SIZE token holders have governance rights such as voting rights, and can participate in the development decisions of the project, such as functional updates, rule-making, etc. This enables community members to actively participate in the development of the project, enhancing community cohesion and activity.

(3) Incentive Mechanism: The project party can incentivize users, developers, etc. who contribute to the platform through SIZE tokens, such as rewarding quality content creators with tokens, encouraging more users to participate in the construction and development of the platform, enriching the platform’s content and ecosystem.

Summary

Sizechat is an instant messaging application based on the Solana blockchain. Leveraging the advantages of Solana’s high TPS and low transaction costs, it creates a precise and private chat space for users through a unique SIZE token gating mechanism. It integrates functions such as instant messaging, group chat, encrypted anonymous communication, and chat record management, with technical advantages of high-speed low-cost communication, efficient data storage, and enhanced privacy security. It has also established an active community governance system, closely integrated with the Solana ecosystem, and is expected to continue developing in the decentralized social networking field.