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.
This article provides an in-depth analysis of the current status of the Web3 Social field, discusses the difference between social and community, the product path selection of Web3 Social, and the applicability of monetization strategies. It also points out common misunderstandings about social products in the industry and proposes Insights into the future development of Web3 Social.
9/8/2024, 1:52:29 PM
This article delves into strategies for building a loyal user base in the crypto space, sharing five key takeaways from a roundtable discussion with Monad and Optimism. It emphasizes the pivotal role communities play in ecosystem growth, the importance of early-stage community building, and how incentives and culture can retain users. The article also explores trust promotion within the community and implementing human-centred onboarding strategies.
9/6/2024, 2:25:36 PM
The core innovation of the Solana Blink application lies in the seamless integration of blockchain operations with social media. Traditionally, users need to access dedicated DApps or wallet platforms to perform blockchain operations. However, Blink simplifies this process by embedding these operations directly into the social media platforms that users engage with daily.
9/5/2024, 10:25:59 AM
Social media use is often likened to indulging a sweet tooth, but for most startup founders, establishing a social presence is a critical task. These platforms are essential for researching audiences, fostering organic growth, building a brand, and effectively spreading messages. Starting from scratch involves setting clear goals, identifying the target audience, and measuring success.
8/27/2024, 1:52:46 AM
To support the mass adoption of Web3 and strengthen connections with real-world social interactions, UXLink has proposed a method that combines real-world social networks with blockchain technology, offering open social relationship computation and recommendation services.
8/26/2024, 10:20:14 AM
Notcoin's rapid success has made Tap-to-Earn the latest hot trend in the industry. Tap-to-Earn extends the X-to-Earn narrative at its core, introducing fresh models and gameplay while facing some limitations. This article also highlights a few similar mini-games currently on the market for user reference.
8/22/2024, 1:47:05 PM
This article offers a comprehensive guide on how to conduct a security checkup on your account, covering how to review authorized apps, check delegation settings, and monitor login activity and devices. It also recommends activating two-factor authentication (2FA) and setting up extra password protections to strengthen your account's security.
8/16/2024, 2:08:28 AM
Layer3 offers a centralized platform with tools and a task system that lets users earn rewards by completing various tasks and activities. The platform's token economy is crafted to maintain token scarcity and ensure their long-term value. Additionally, Layer3 provides project developers with valuable user data and promotional opportunities, supporting the expansion of Web3 initiatives.
8/14/2024, 1:09:16 PM
This article will delve into the development and current state of Web2 and Web3 mini-programs. First, we will review the development of WeChat mini-programs, analyzing the reasons for their success and their existing ecosystem. Next, we will introduce the rise of Telegram mini-programs, exploring their integration with Web3 technology and applications in the blockchain space. Finally, we will look ahead to the future development trends of mini-programs, discussing how they will continue to transform our way of life and lead the next era of the internet.
8/14/2024, 10:14:32 AM
This article highlights the rise of Base, attributing its success to the unique advantages of being backed by Coinbase and the OP Stack, as well as its strong market performance in the "Meme" and "SocialFi" sectors. Additionally, prominent projects on Base such as Aerodrome and Extra Finance, along with active social engagements like the success of Farcaster, have significantly driven the development of its ecosystem.
8/12/2024, 2:35:50 PM
The success of social networks relies on three core pillars: the potential to accumulate social capital, standards for measuring entertainment, and practicality. Although Friendtech and FantasyTop experienced an initial surge in users, they quickly lost them due to a lack of real value. The core issue with SocialFi applications lies in their heavy reliance on financial incentives, which creates a vicious cycle. For SocialFi applications to achieve long-term sustainability, they need to develop enough value to maintain user engagement. Their products must shift from purely financialized products to those that can capture attention in the attention economy.
8/11/2024, 3:32:09 PM
This article compares the influence of Crypto Twitter (CT) in cryptocurrency investing and emphasizes that most information on CT is noise, making it difficult to find genuine investment opportunities (Alpha).
8/11/2024, 1:03:38 PM
Banana Gun is a Telegram bot renowned for its sniping and purchasing capabilities for newly or previously listed tokens. It is the go-to sniping tool for users on Ethereum.
8/9/2024, 4:19:28 AM
In the blockchain ecosystem, Maximal Extractable Value (MEV) has become a crucial area of research, encompassing not only technical implementation but also market behavior and economic benefits. With Ethereum's transition to proof-of-stake, the concept of MEV has undergone significant evolution. Validators have emerged as key players, not only able to control transaction ordering but also to optimize profits through various strategies.
8/6/2024, 1:43:36 AM
Farcaster is a decentralized social media protocol based on blockchain technology, focusing on interoperability, user autonomy, and privacy protection. Farcaster aims to create a censorship-free environment where users have complete control over their data and audience.
7/30/2024, 10:02:24 AM