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SocialFi... Let's know more about it
SocialFi is a portmanteau of social media and finance – crypto’s latest attempt to monetize social media and social interactions online. The basic idea: you interact with others on a social media platform that allows your interactions to be monetized.
DeFi
Social network + defi
It means social finance ,it integrate web3 onto our social platform
Yes, that's correct. Social Finance, often referred to as SocialFi, integrates Web3 technology onto social media platforms.
SocialFi platforms offer a Web3 (decentralized) approach to creating, managing and owning social media platforms and the content generated by its participants.
Social platform and DeFi
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