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fakhou.base.eth
@fakhou
🧵Why SocialFi is Exploding on @base (@ethereum's L2) 👥 SocialFi is booming! Apps like Friend.tech and @farcaster turned @base Network into the social media hub of Web3. Why is everyone suddenly tokenizing their social life? Let’s break it down👇
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fakhou.base.eth
@fakhou
First, what is SocialFi? It blends social media + crypto finance. Imagine buying “shares” of your favorite influencer or owning your social profile as an NFT. Crazy? It’s real—and thriving on Base!
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fakhou.base.eth
@fakhou
🚀 Friend.tech exploded on @base: Users trade influencer tokens called “Keys.” Peaked at $22 million weekly volume. Drove @base above 1M daily users in late 2024. Social meets finance, all secured by @ethereum
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fakhou.base.eth
@fakhou
@farcaster, a decentralized social app (think crypto-Twitter), moved to @base for cheap & instant interactions. Users own their data—your profile is an Ethereum-based NFT.
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fakhou.base.eth
@fakhou
🆕 2025 trends: Social Clubs: Token-gated private groups became popular on Friend.tech. Basenames: Over 200K custom usernames (like fakhou.base.eth) minted in just one week. @base turned social interactions into valuable on-chain assets.
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fakhou.base.eth
@fakhou
Why @base? Its ultra-low fees mean every post, like, or follow can be an affordable on-chain transaction. @ethereum's security backs your content and social identity.
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