SocialFi Is a Social Construct
Blog iconCielo
Jul 25
Blockchain VCs love a good narrative and few are more compelling than SocialFi. The portmanteau combines the right buzzwords – social and finance – while remaining vague enough to constitute anything and everything.To quote Chat GPT: “SocialFi, a combination of "Social" and "Finance," refers to a new paradigm in the blockchain and cryptocurrency space where social media and financial services intersect. It leverages decentralized finance (DeFi) principles to create platforms where users can i...

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