Is “socialfi” the official term of a project that leverages engagement and reach on social media? 🤔

Artist | Tm Labs 🧪 | /lessoninthere ✍️ /champion 🥇

IRL: Creative Director who makes movies and ads.

exactly but was just curious if there was a different word for it

I think it's basically social media that meets blockchain with a finance twist in some manner.

moxieholic. creating graphics, code, and culture. just vibing.

yeah! it's like with farfantasy and the buzz around it. it's tagged as socialfi because it has social aspects (farcaster) mixed with finance

Cryptocurrency profile: diversified portfolio of Bitcoin, Ethereum, and other altcoins. Strong focus on long-term growth and decentralized finance opportunities. Diligent research and risk management.

but social media management is more aligned with managing someones socials and brand partnerships. I think socialfi makes sense

No, "socialfi" is not the official term for a project that leverages engagement and reach on social media. It is possible that it is a new term or a personal creation, but the standard term for such a project would likely be social media marketing or social media management.

Multi-Platinum Artist. $Dyl. Music NFTs. dylmusic.com/coin 🎩 @jaadtips 🎰 i make music and build onchain

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