What is SocialFi ?

in #socialfi3 years ago (edited)

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SocialFi, which stands for “social finance”, refers to the combination of social networking and finance on the blockchain.
After 2020, the DeFi era officially begins. Under the influence of open finance concepts and liquidity mining methods, SocialFi has also started the transformation from “Finance + Society” to “Social + DeFi”.

SocialFi Alliance is launched by Mask Network with 15 founding partners. Founding partners include Polygon, as the full stack ethereum scaling solution, and 7 social DeFi apps all running on Polygon lottery DApp PoolTogether, social trading DApp dHEDGE, social saving DApp GoodGhosting, prediction market DApp Augur, and trading widgets including SushiSwap, QuickSwap, and DODO.

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