Too Long; Didn't Read
SocialFi bridges social media and finance through the use of Web3 – the internet and blockchain. Users are empowered with decentralized finance (DeFi) principles and unlimited opportunities. SocialFi allows content creators to control and own their data, exercise freedom of speech, and monetize content. By eliminating the middleman, this approach allows direct communication between brands and users, creating stronger and genuine connections, which ultimately leads to authentic communities, and in some cases, opportunity to monetize off your own content.