SocialFi Is the New Buzzword in Web3 World, Here’s What We Know About It

The concept of SocialFi is to bridge the gap that exists between existing social networking platforms and Web3. It gives users more control over their content, more freedom of speech, and also lets them monetise their content.The concept of SocialFi is to bridge the gap that exists between existing social networking platforms and Web3. It gives users more control over their content, more freedom of speech, and also lets them monetise their content.