What is SocialFi? SocialFi, also known as Social Finance, combines social media networks with web3 and DeFi (Decentralized Finance). SocialFi offers a faster and more interactive form of social networking.
The rise of SocialFi, Web 3.0 and DeFi projects stems from a dissatisfaction with centralization. People are tired of paying intermediaries and want more control over their finances. Similarly, there