SocialFi will be one of the biggest narratives this summer.
Friend Tech's V2 launch + airdrop could kickstart a broader SocialFi season.
You still have the chance to be early.
🧵: My FULL guide to SocialFi (+ top picks).👇
In this thread, I'll cover:
• What is SocialFi?
• Friend Tech V2 & Airdrop
• Why SocialFi could be a strong trade in the coming months
• The specific SocialFi projects I'm watching (best proxy plays)
Let's dive in.👇
Firstly, what is SocialFi?
Social Finance, or SocialFi, combines the principles of social media with decentralised finance.
Simply put, it incentivises social media participation with crypto tokens.