Decentralized social media offers us benefits that make our daily lives easier. Through this process, these companies cannot take your data and use it for any purpose. The other benefit of the system is that the power is scattered. Decentralized platforms use peer-to-peer or blockchain technology for security and transparency, in contrast to traditional soci...
In cryptocurrency, SocialFi refers to the combined use of social media and DeFi apps under the Web3 ecosystem structure. When blockchain technology is used in SocialFi, it improves the construction of safe, transparent platforms that cannot be tampered with. The financial incentives given by SocialFi networks are intended for users but beneficial for the pla...