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  2. /Glossary
  3. /SocialFi
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cryptocurrency

SocialFi

Social media platforms that integrate DeFi elements, letting users earn tokens for creating content, curating feeds, or building an audience.

Definition

Social media platforms that integrate DeFi elements, letting users earn tokens for creating content, curating feeds, or building an audience. Friend.tech let you buy 'shares' of people's social profiles. Farcaster and Lens Protocol are building decentralized social networks where users own their data and connections.

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Related Terms

Web3

The vision of a decentralized internet built on blockchain technology where users own their data and assets.

DeFi (Decentralized Finance)

Financial services built on blockchain without traditional intermediaries.

Token

A digital asset created on an existing blockchain rather than its own chain.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

AI x Crypto

The intersection of artificial intelligence and blockchain technology.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

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