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SocialFi Trend: Discussions on FriendTech, Farcaster, and the TON Ecosystem

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In this podcast, Wu Blockchain analyst defioasis discusses several SocialFi hotspots of this year with former Huobi University president Dr. Yu Jianing, including Farcaster, friend.tech, and the cryptocurrency ecosystem built on TON/Telegram. Farcaster received a $150 million investment led by Paradigm, with participation from a16z, and is a decentralized social project currently fully supported by Vitalik. The transcription was completed by GPT, and there may be errors. Please listen to the full podcast: YouTube: The Key Difference Between This Round of SocialFi and the Last Round Is the Monetization Focus Dr. Yu: Today’s topic is SocialFi. This concept has appeared in previous waves of popularity, such as Steem and Mirror, which attracted many users. How is this round of SocialFi different from the previous ones? Some people think it’s a new Ponzi scheme and essentially the same as previous projects; others think it’s a completely new way of playing. What do you think about this wave...