Original author: TechFlow
While you are still beating your chest over the decline of AI tokens, KOLs have already started playing with SocialFi.
In recent days, a SocialFi project called Tribe.fun on Solana has been frequently on Twitter, with KOLs showing off their personal pages and groups. This retro page, which is similar to Friend.Tech, immediately attracted everyones attention.
At the same time, you can see from the data that the number of tokens created on Tribe.fun (a KOL can create his own token) has surged, and the number of tokens created yesterday accounted for 85% of the tokens on the platform.
As a product similar to Friend.Tech incubated by AllianceDAO, it does have some minor innovations, such as its own group has a limit on the number of people (maximum 99 people) to increase the so-called Alpha spread in small groups, group owners can send airdrops to fan token holders, group owners can collect subscription fees every month without having to sell their own tokens, etc.
However, in the current market environment, it is hard to say how long Tribe.fun will be popular, but it has also made people re-examine the old concept of SocialFi. And the shift in attention may also bring some short-term benefits to projects related to SocialFi.
We have reviewed the projects on Solana that are related to the SocialFi concept, hoping to provide a reference for everyone.
Broad SocialFi
Before we start the review, if you think that SocialFi is limited to product forms like Friend.Tech or Tribe.fun, then there are actually not many other projects to review.
But if you look at it more broadly, in the Solana ecosystem, I think a platform can be included in the broad definition of SocialFi as long as it meets one of the following characteristics:
Community-driven financial behavior: a token issuance process in which users participate together, with community voting and decision-making mechanisms
Socialization of assets: tokenize the value of creators’ content, make the token trading experience social, and provide discussion and chat mechanisms
Interactive finance: real-time interactive functions such as live broadcast and comment, as well as transaction interactions between users
According to this standard, Pump.fun is actually the og with social elements. When it was launched, it also had a discussion area, and later it even had a live broadcast function...
But apart from this, let’s take a look at what projects on Solana currently have some social attributes.
Tokenization of creator content
Clout.me: A tokenized interactive platform for creators and fans
Twitter: @cloutdotme
Clout.me is a SocialFi platform focused on interaction between content creators and fans. Its core function is to allow creators to issue their own tokens. Fans can support creators by purchasing tokens and get exclusive interactive experiences.
Recently, Clout.me has received widespread attention for launching an exclusive iPhone app, and its downloads have surged in a short period of time, bringing a group of new users to the platform. Compared with other SocialFi projects, Clout.me pays more attention to the mobile experience, which has provided an important boost to its user growth.
Time.fun: An innovative platform where time is value
Twitter: @timedotfun
Time.fun is a SocialFi platform with time as its core value, aiming to redefine the way users manage and interact with time through a tokenized mechanism. The main concept of the platform is time is value, and users can earn tokens by participating in activities, creating content, and interacting, and use tokens to unlock more personalized services.
Feature highlights:
Time tokenization: Users can generate tokens linked to their time by recording and sharing their time investment.
Interaction incentives: By interacting with others, users can receive additional rewards, which promotes community activity and participation.
Personal time market: Users can use time tokens to purchase creators’ services or redeem exclusive experiences, forming a decentralized time trading market.
Glympse.fun: A tokenized life sharing platform
Twitter: @glympsedotfun
Glympse.fun is a SocialFi platform centered around life sharing and tokenized interaction. Users can earn tokens by posting life clips (Glympses) and build closer connections with fans. The core concept of the platform is to make every moment worth recording and rewarding.
Feature highlights:
Tokenization of life fragments: Users can upload wonderful moments in their lives to the platform and earn token rewards through fan interaction.
Exclusive fan interactions: Creators can use tokens to provide fans with unique content or experiences, such as private QA or video interactions.
Diversified monetization methods: Support users to realize tokenized income through subscription, reward and content sales.
Memecoin transactions with social attributes
Vector.fun: A lightweight platform for Memecoin transactions
Twitter: @VECTORDOTFUN
Vector.fun is a platform specially designed for Memecoin trading enthusiasts, providing lightweight trading tools and real-time market data analysis. The platform helps users quickly capture Memecoin trading opportunities through a simple interface and efficient functions.
Feature highlights:
Real-time market tracking: Supports price fluctuations and transaction volume monitoring of Memecoin, helping users make quick decisions.
One-click trading: Through a simplified trading process, users can quickly buy or sell Memecoin.
Community Support: Built-in community interaction features allow users to share trading strategies and market insights.
Vector.funs goal is to lower the barrier to entry for Memecoin transactions, allowing more users to easily participate in this rapidly growing market.
Bags: Trade Memes with Friends
Twitter: @BagsApp
BagsApp is not only a professional Memecoin investment asset management tool, but also an investor community with social networking as its core.
Investors can share their portfolios publicly or privately, showcase their trading strategies, and interact with community members. The platform has built-in community forums and real-time chat functions, where users can discuss Memecoin market dynamics and gain insights from other investors.
Rally: Community-driven Memecoin issuance and trading platform
Twitter: @rally_xyz
Rally is a community-based Memecoin issuance and trading platform that allows users to track their Memecoin investment performance and view detailed profit and loss data.
Through the leaderboard feature, users can see the best performing investors in the community, what trending tokens other users are currently trading, and learn investment tips from them.
Weakly speculative applications
Moonwalk Fitness: An innovative platform that combines health and social media
Twitter: @moonwalkfitness
Moonwalk Fitness is a healthy habit formation platform based on the SocialFi model, which encourages users to establish a sustainable healthy lifestyle by combining gamification challenges with social and financial incentives. The core concept of the platform is to allow users to achieve personal health goals and obtain financial rewards through behavioral incentives and community interaction.
Feature highlights:
Health Challenges: Users can participate in various gamified health tasks, such as daily step challenges, fitness check-ins, etc., and receive token rewards.
Social interaction: Through the platform’s social features, users can share their health progress with friends or join community challenges to increase motivation.
Drip Haus: A new SocialFi platform for creators to interact with fans
Twitter: @drip_haus
Drip Haus is a SocialFi platform focused on the creator economy, aiming to enhance the connection between creators and fans in a decentralized way. The platform helps creators build a loyal fan community through regular NFT airdrops (drip) and social interactions.
Feature highlights:
NFT Airdrops: Creators can regularly airdrop unique NFTs to fans through the platform as a reward for support and interaction. (NFT Marketplace is currently on Tensor)
Social interaction : Fans can gain access to exclusive content and participate in community activities by holding creators’ NFTs.
Popset: A socially driven decentralized content creation platform
Twitter account: @popsetxyz
Popset is a social-centric content creation and interaction platform that focuses on providing creators with higher returns and autonomy through decentralized technology. The platform introduces the SocialFi model, allowing creators and fans to jointly participate in content creation and distribution.
Feature highlights:
Content creation incentives: Creators can get token rewards by publishing content, and fans’ interactions (likes, comments) will also be tokenized.
Community governance : Users can participate in community governance by holding platform tokens and make suggestions on the development direction of the platform.
Social interaction: The platform encourages deep interaction between creators and fans, such as strengthening connections through AMA (Ask Me Anything) or exclusive community events.
game
Yapster: An innovative platform that combines gaming and SocialFi
Twitter: @yapsterxyz
Yapster is a SocialFi project based on Solana that is committed to integrating social media, games, and cryptocurrency. The platform attracts users to participate and create value through innovative PvP game modes and social interactions.
Feature highlights:
PvP Game Mechanic: Users can participate in player-versus-player (PvP) game modes and earn token rewards through competition.
SocialFi Fusion: Yapster combines social interaction with gaming experience, where users can earn extra rewards by sharing content or participating in community activities.
Decentralized Economy: The platform is based on the Solana blockchain, supports fast transactions and low fees, and provides a transparent reward mechanism for users.
SEND Arcade: A socially driven gaming ecosystem on Solana
Twitter: @send_arcade
SEND Arcade is a SocialFi gaming platform based on Solana, offering more than 7 different on-chain games, where users can earn SOL and platform tokens SEND through gaming. SEND Arcade is part of the @thesendcoin ecosystem, which aims to create a fair and fun gaming experience for players through blockchain technology.
Feature highlights:
Diversified games: The platform currently offers more than 7 on-chain games, covering a variety of types to meet the needs of different players.
Reward mechanism: Players can win SOL and SEND tokens by participating in the game and use these tokens for transactions or reward redemption within the ecosystem.
On-chain records: The platform has recorded more than 300,000 on-chain game interactions, proving its active user base and strong ecosystem.
Tokenizing Attention
ideas.fun: A tokenized platform for social creativity
Twitter: @ideasdotfun
Ideas.fun is a SocialFi platform that focuses on tokenizing creativity, allowing users to transform their ideas into assets with economic value. The platform helps creators build closer connections with supporters in a decentralized way, while incentivizing the spread and realization of creativity.
Feature highlights:
Tokenization of ideas: Users can convert ideas into tokens, and supporters can support the realization of ideas by purchasing these tokens.
Community-driven: The platform focuses on community interaction, and the spread and success of ideas are directly linked to the participation of supporters.
Web3 Integration: Based on blockchain technology, it ensures that the ownership and profit distribution of ideas are transparent and fair.
Ideas.fun aims to provide a new decentralized solution for the creative economy, incentivizing collaboration between creators and supporters through tokenization.
Banger.lol: Gamified SocialFi Token Platform
Twitter: @bangerdotlol
Banger.lol is an innovative platform that combines games with tokenization mechanisms. Users can earn tokens by participating in game activities, while tokenizing their personalized content or achievements to further promote the development of SocialFi.
Feature highlights:
Gamified experience: The platform attracts users to participate through games and rewards participants with tokens.
Content tokenization: Users can convert their game achievements or content into tokens and share them with other players or community members.
Social interaction: The platform has built-in social functions, allowing users to interact with other players and form a closer community relationship.
The core concept of Banger.lol is to provide users with an interesting and valuable social experience through games and tokenization mechanisms.
Unlonely: Turning social interactions into economic value
Twitter: @unlonely_app
Unlonely is an innovative application based on SocialFi that aims to transform social interactions into economic value. The platform incentivizes users to participate in social activities through tokenization mechanisms, while providing new sources of income for content creators.
Feature highlights:
Social Tokenization: Users’ social behaviors (such as likes, comments, and shares) will be tokenized, and users can earn income through their activity.
Creator Support: The platform provides a decentralized income channel for content creators, and supporters can directly support their favorite creators with tokens.
Decentralized ecology: Based on blockchain technology, it ensures the transparency of all transactions and reward mechanisms.