SocialFi News

Base rode SocialFi, memecoins and AI agents to the top of Ethereum’s layer-2 ladder before turning inward to rebuild its core stack.

The ZORA token gained 6.2% to $0.022 over the last 24 hours as Zora announced its new attention markets product.

Decentralized social network Farcaster remains operational after its acquisition by Neynar and confirmed plans to return $180 million in capital to investors.

The Ethereum co-founder urged broader adoption of open social platforms, saying decentralized social media can improve online communication by restoring competition.

Mask Network will lead consumer-facing product execution on Lens, while Aave steps back to an advisory role focused on protocol infrastructure.

Base’s push into creator coins is facing mounting criticism from traders and builders after Nick Shirley’s token on Zora spiked to about a $9 million valuation and then promptly slumped.

A viral run on Zora pushed Base ahead of Pump.fun and LetsBonk, but Solana still leads in users, transactions and overall activity.

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.