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America's Social Casino
The Defiant 2025-03-18 17:29:24

What is SocialFi? The Bridge Between the Social Media Industry and DeFi

Social media creators still struggle to own and monetize their content fully. Platforms profit from engagement, while influencers and users get little control over their data or financial upside. Until SocialFi became a thing, it was a combination of social media and decentralized finance (DeFi) that shifted power back to users. Instead of only likes and shares, engagement becomes an investment. Influencers can build their own economies through SocialFi tokens, NFTs, and DeFi platforms. Fans can buy, trade, and hold digital assets tied to their favorite creators. But is SocialFi just another crypto fad, or is it the future of online content monetization? Let’s break down how it works and what it means for the creator economy. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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