SocialFi News

SocialFi's struggle to succeed stems from technical hurdles, user experience barriers, and fragmentation. It needs purpose-built infrastructure, seamless user experiences, and innovative social networking models.

Lens will give users ownership of their data and a chance for monetization when the mainnet launches early next year.

A new and improved version of Frames will allow users to run full-screen applications inside the social media platform Warpcast. 

As Token2049 Singapore launched with a loaded schedule of side events, an exclusive yacht party became the hotspot for lively discussions on the future of Web3-powered SocialFi innovation.

In the wake of Friend.tech’s collapse, Cointelegraph spoke with industry leaders to find out what went wrong and what comes next.

The Friend.tech team said on Sept. 10 that it has no plans to discontinue its website application. 

SocialFi platform offers AI and a blind NFT bidding model to achieve meaningful user engagement and sustainable growth.

What’s the next big thing in crypto? It might well be Web3 SocialFi, a new paradigm that addresses the limitations of Web2 platforms by offering decentralized, user-driven interactions and ownership.

The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions.

Animoca Brands co-founder and chairman Yat Siu believes mass adoption is closer than one may think, and that blockchain gaming will be the catalyst.

Decentralized social media platform Friend.tech has announced it will be teaming up with Conduit to develop its own blockchain, Friendchain.

Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow.

Crypto users are increasingly turning attention to new SocialFi apps, but analysts say it’s probably too early to say whether “SocialFi season” has arrived.

The entertainment-focused Hyperchain aims to provide a robust infrastructure for gaming, AI and SocialFi-related protocols.

BytePlus is partnering with Mysten Labs to integrate SocialFi projects and data warehousing technology into the Sui blockchain ecosystem.