It’s been a while that I want to share this with you and seek your thoughts around it!
I’ve been watching this SocialFi trend emerging for months now, and it feels like it’s finally heating up. Projects like Friend.tech, Phaver, and Lens Protocol aren’t just buzzwords anymore; they’re redefining how communities grow, monetize, and engage.
According to Messari’s 2024 report, user activity on SocialFi platforms grew by +190% YoY, and $FRIEND trading volumes surpassed $10M in daily average back in March.
What’s really interesting to me is how tokenized loyalty loops are replacing traditional creator monetization. We’re seeing creators sell access, projects run XP-based campaigns, and users become stakeholders, not just spectators.
Absolutely love this article! SocialFi has been out there since a while now, it is definitely reshaping community engagement, I personally tried Phaver, keen to hear what others have tried too!
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