SocialFi

Petals is a Web3 short video and social platform. It aims to create a TikTok-like platform on the blockchain network that benefits content consumers and creators, service providers, and advertisers.

UXLINK aims to mine the value of social data, release the liquidity of social data, and explore the specific application of social data in financial scenarios. In the Web3 world, socializing has also been viewed as a key entry point for mass adoption. UXLINK is based on the acquaintance social track. Through low threshold, Link-to-Earn and group tools, it has gained more than 7 million users and has become a Web3 social gateway in the eyes of many.

The TON blockchain, supported by the non-profit TON Foundation, has received backing from the social communication software Telegram, which boasts 900 million daily active users. This article will guide you through the development history, current state of development, ecosystem status, and tokenomics of the TON blockchain. Additionally, it will explore the future of the TON blockchain from the perspectives of token distribution and the collaboration between Telegram and TON.

Explore Cointelegraph's latest coverage and gain insight into the world of fintech, blockchain and Bitcoin. Get the latest crypto news and analysis on the future of money, and let’s move to the forefront of the Web3 era together.

The article compares the development of two decentralized social media platforms, Lens and Farcaster. Farcaster quickly grew into a phenomenal crypto social media platform by incentivizing users to post content using the "DEGEN" tag reward mechanism, attracting a large number of users and revenue. The Lens platform launched the BONSAI token, attempting to imitate Farcaster's success. The BONSAI token combines the features of ERC20 and ERC721, and despite price fluctuations, its use and acceptance on the Lens platform are gradually increasing. The Lens protocol, in collaboration with Bundlr Network and Arweave Ecosystem, launched an L3 extension solution called Momoka to improve transaction processing capability. Although Lens is still behind Farcaster in user activity and community size, it is working hard to narrow the gap through the Bonsai token and the Momoka solution.

Script Network's main goal is to transform how audiences engage with live video content. Utilizing the L1 open-source live video platform with Script TV at its center, viewers have the opportunity to earn rewards both on-chain and off-chain while watching videos.

Uncover the power of Farcaster and join the revolution in decentralized social networking. Read our in-depth article for the latest insights.

Cardano Connect (CNS) is a social networking platform built on the Cardano network. Users can create and manage their social profiles on Cardano, and they can use .ada domains as their social identity portals. The article introduces the CNS platform, including three built-in applications and its ecosystem status, enabling readers to expand their social connections.