In the evolving financial sector, blockchain and cryptocurrencies bring innovative solutions. There exist several emerging trends, and one of the leading and prominent ones is SocialFi. It transforms Decentralized Finance (DeFi) by leveraging community collaboration. SocialFi, which basically is made up of two words social (for social media and finance (for DeFi), is a blend of the social media world with DeFi.
This article includes the top 8 SocialFi projects to look out for in 2024.