Over the years, the crypto space has witnessed a lot of innovation. SocialFi projects are one of these innovations that have been gaining much traction lately. Unlike Web 2.0 social networks, SocialFi projects protect and secure users’ data, distribute advertising money equitably, and deliver a more valuable user experience.
This article will introduce the top 12 SocialFi earning money in recent times.
In 2021, the crypto market went through a bleak period due to the post-bearish trend. However, the emergence of the Move to Earn movement – an upgraded version of Play to Earn has excited the GameFi market. Instead of asking users to play games to earn money, Move to Earn helps users make money through activities.
LuxWorld Web3 is a Travel-Social application that uses the Move to Earn model and delivers fascinating stories. Accordingly, you can travel and participate in leisure activities; in particular, travel has an attractive feature that allows them to earn rewards such as tokens or fiat currency in the real world.
LuxWorld aims to inspire sustainable development and connect the public to Web 3.0. It currently runs on Binance.
Gari network is a project to the application of media information on Blockchain.
After the Play – To – Earn fever took place, Watch – To – Earn now a new trend in Eastern countries. It is a video-sharing platform similar to Tiktok, creators both earn money, and viewers will also receive rewards Gari Network, a platform, also works in the same way.
Here, Gari Network allows users to create and share videos with the user community on Chingari. Users directly control assets, use tokens inside and outside the application to connect transactions with partners, place governance votes, drive interaction with the platform and grow the base user.
Thinkin is a Web3-based Social-Fi that values user activity and rewards it for developing an environment that enables a community to grow organically. Anyone can become a KOL by joining Thinkin and participating in community activities, and proving their work through the NFT they own.
Geojam is a social media platform that creates meaningful interaction and fuels passion between fans and creators.
Geojam will be a bridge for fans to interact directly with artists, athletes, and influencers. With the advent of cryptocurrency, $JAM combines the technological advancements of decentralized finance with real-world experience. $JAM Tokens are used to access real-world experiences, merchandise, and Non-Fungible Tokens (NFT’s).
The explosion of Web 3 further created the premise for the development of Social at present. Taki, is an emerging Social project that allows users to earn money on their platform.
Taki is a global social network where anyone can earn social tokens simply by participating in the community. Taki was developed in cooperation with the RLY network with new tools and models of web3, contributing to creating a better system that solves the problems of traditional social networks: stagnation, rampant advertising, denouncing, and obstructing freedom,…
Torum is a metaverse web3 crypto-centric social media platform designed to form a connected and comprehensive one-stop ecosystem for cryptocurrency users and projects. As a Web 3.0 ecosystem, Torum is created based on a social media platform integrated with a yield farming hub for Defi players. It is also an NFT marketplace for crypto artists and Avatar NFT for Metaverse enthusiasts. Torum, a crypto-based social media platform, rewards its users with its native token, $XTM.
The ever-changing and evolving Crypto market is a space with much potential waiting to be explored. Social Token is a cryptocurrency project receiving a significant response from users.
Social Token is a digital currency established based on a brand, an individual, or a community with a specific influence.
Social tokens are a bit different from the series of DeFi liquidity tokens because they are built on the principle of “ownership economy.” This means that the stronger the “Social” of that token, the more valuable the token will be.
The SaTT is a blockchain technology revolution in the online advertising market, and the solution is using decentralized technologies and smart contracts to battle online marketing issues.
SaTT intends to lead the SocialFi revolution by disrupting the Web2 advertising model. With a simple and user-friendly solution, SaTT aims to eliminate intermediaries by enabling a direct relationship between brands, communities, and every social media user.
PECland is a web3 platform for people enjoying social party games. PLAY in the virtual world, ENJOY every moment and CONNECT with Friends, which enables immersive experiences across sociality, entertainment, building, commerce, and creation.
Freecity is a Fantasy and imagination metaverse world Blockchain project based on Binance Smart Chain (BSC). A social interaction Web3.0 application with the theme of a virtual city can help you make friends and earn.
FreeCity aims to innovate the social mode of Web3 and promote the gradual transformation of Web2.0 social players to the world of Web 3.0.
Influence is the core element to excel in the social field, and SocialFi enables users to obtain more benefits by financialized and tokenizing their influence.
Aiming to facilitate cryptocurrency trading, PlutusFi, a social liquidity provider, empowers influencers, projects, and enthusiasts, through a profitable SocialFi network.
IQ.wiki, formerly Everipedia, is the world’s giant crypto encyclopedia, with thousands of pages. The new IQ.wiki platform has been built from the ground up to be fully Web3, with all edits recorded on-chain through Polygon and IPFS.
To be considered the world’s largest blockchain and cryptocurrency encyclopedia with thousands of wikis on all topics and branches of knowledge in the crypto space.
By tokenizing social influence, SocialFi is a social, web3.0, and financial convergence that rewards and benefits users. Many organizations are discovering new methods to function as blockchain and the digital asset market expand and develop.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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