SocialFi

SocialFi combines social media and decentralized finance (DeFi) within the blockchain and cryptocurrency ecosystem. It focuses on empowering users with control over their personal data and intellectual property. By offering rewards like tokens, SocialFi apps promote active engagement among users and between users and the platform itself, fostering an interactive community.

Articles (14)

Latest
What Are The Features And Functions Of CyberConnect's Social Re-Staking L2 "Cyber"?
Intermediate

What Are The Features And Functions Of CyberConnect's Social Re-Staking L2 "Cyber"?

The transformation into a social re-staking modular L2 is not only a technological leap for Cyber but also a profound exploration and forward-looking layout for the future of social networks. The article explains how Cyber operates and its features, providing a truly decentralized environment. This allows users to expand their influence more fairly and directly, and build closer connections with their fans.
May 21, 2024
MOMO AI: An AI-Driven Game Social Platform in Ton and Solana Ecosystems
Beginner

MOMO AI: An AI-Driven Game Social Platform in Ton and Solana Ecosystems

An innovative AI-driven game social growth platform, MOMO AI integrates viral marketing mechanisms and AI-bot interaction technology, focusing on rapid user growth and deep engagement within the Telegram ecosystem.
May 14, 2024
What is NFPrompt?
Intermediate

What is NFPrompt?

NFPrompt is a Web3 art platform that combines artificial intelligence and blockchain technology. Here, creators can easily generate various unique NFT content using AI tools and participate in an active community and economic ecosystem. Through token unlocking, airdrops, and staking, NFPrompt provides users with abundant earning opportunities. Users can participate in platform governance and decision-making by holding tokens and participating in the "Imagine 2 Earn" activity to win rich rewards. Whether creators or enthusiasts, everyone can find their stage on NFPrompt and jointly build a creative and promising art ecosystem.
May 13, 2024
Memecoins vs Elitecoins: A Cultural Revolution
Intermediate

Memecoins vs Elitecoins: A Cultural Revolution

This article acknowledges meme coins as a manifestation of community culture and elucidates their interpretation within the core of the cryptocurrency industry.
May 10, 2024
Why ‘Restaking’ Has Taken Over Social Media
Intermediate

Why ‘Restaking’ Has Taken Over Social Media

The restaking protocol offers new solutions to many issues and is an important narrative within the liquidity staking derivative track. The following article briefly discusses ‘restaking’, as well as some underlying implementations and security risks.
May 07, 2024
Meme, Runestone, and UXLINK: Some Thoughts on How Crypto Assets Drive Communities
Intermediate

Meme, Runestone, and UXLINK: Some Thoughts on How Crypto Assets Drive Communities

The essence of a truly sustainable decentralized community is to embed a fair asset distribution plan that is both motivating and sustainable in the community structure.
May 07, 2024
What is Petals (PTS)
Beginner

What is Petals (PTS)

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.
Apr 29, 2024
Web3 Social Infrastructure UXLINK: Exploring Social Finance Innovation
Intermediate

Web3 Social Infrastructure UXLINK: Exploring Social Finance Innovation

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.
Apr 29, 2024
The Essential Chain for Telegram to Become “WeChat” in the Web3
Beginner

The Essential Chain for Telegram to Become “WeChat” in the Web3

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.
Apr 26, 2024
What are Mini Apps in Telegram’s Web3 ecosystem?
Beginner

What are Mini Apps in Telegram’s Web3 ecosystem?

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.
Apr 19, 2024
Lens vs. Farcaster: The Battle of Web3 Social Media Platforms
Beginner

Lens vs. Farcaster: The Battle of Web3 Social Media Platforms

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.
Apr 16, 2024
Script Network (SCPT): Revolutionizing Decentralized Entertainment
Beginner

Script Network (SCPT): Revolutionizing Decentralized Entertainment

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.
Apr 10, 2024
Farcaster: The Decentralized Social Network That’s Redefining Online Communities
Intermediate

Farcaster: The Decentralized Social Network That’s Redefining Online Communities

Uncover the power of Farcaster and join the revolution in decentralized social networking. Read our in-depth article for the latest insights.
Apr 03, 2024
Detailed explanation of the social network platform Cardano combined with domain names
Intermediate

Detailed explanation of the social network platform Cardano combined with domain names

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.
Mar 30, 2024
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