Crypto Bull Run: An Opportunity for SocialFi’s Widespread Adoption?

2023-11-16 18:15

SocialFi projects, which use blockchain technology for social media, face challenges with user acquisition and retention. Despite these difficulties, some experts believe the sector could reach a valuation of $20-30 billion during the next crypto bull cycle.

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Nested on a mission to turn DeFi into SocialFi

A hard-to-digest user experience that narrows users to diehard crypto fans, steep fees that exclude many, a dire lack of technical guidance leading to expedited liquidations, and the absence of community-oriented mechanisms to incentivize users to share more – DeFi has a lot of work to do before turning the dream of mass adoption into […] The post Nested on a mission to turn DeFi into SocialFi appeared first on CryptoSlate.

2022-7-29 19:30


The Advent of SocialFi: Nested Makes DeFi Accessible

The wilderness of DeFi and its consequent lack of accessibility has warded-off too many potential CeFi users – and makes the possibility of mass adoption all but a sweet dream. A hard-to-digest user experience that narrows users to diehard crypto fans and the absence of community-oriented mechanisms to incentivize users to share more quality content to … Continued The post The Advent of SocialFi: Nested Makes DeFi Accessible appeared first on BeInCrypto.

2022-7-21 12:57