SocialFi, wey be short form for Social Finance, don dey make waves again for the crypto world. Dis concept combine social media, finance, and blockchain technology to create communities where people can earn money from their content and engagement.
Recently, people dey talk about $ZAAR, a new token wey dey gain popularity. According to some tweets, $ZAAR na part of a new SocialFi community on BTC Runes, and dem dey plan token launch for dis October.
Solana developers also announce say dem dey work on a new SocialFi app using Solana blockchain. Dem mention say dem dey collaborate with @cupcakeprotocol and @0xSolanaGirl to make dis app happen.
Experts like Jason Desimone explain say memecoins, which be coins wey gain popularity through social and cultural movements, are inherently part of SocialFi. These coins leverage attention economy to add value to financial assets.
In WEB3 space, SocialFi offer new opportunities for people to earn extra income through their content and engagement. It reward users for participating actively in these social and financial networks.
