Consumer Crypto

the speed of SocialFi experimentation is so fast that i'm often asking wtf is going on and how is it any different (or better) than last cycle's hype-driven models.

after spending more time than i wanna admit on SocialFi apps, here's how i'd break it down:

1. social trading apps like @frens and @interface (and vector.fun) make markets more fun, collaborative and instant in a way that's not possible with web2's siloed social graphs and centralized exchanges.

2. entertainment and fun is at the forefront of this cycle's best apps, like yapster.xyz and @ponder. gamification >>>

3. (some) creator tokens are finally starting to move beyond speculation with tribe.run looking much more like @hypersub than friend.tech.

4. onchain content platforms like @rodeodotclub and @abstractchain's make it possible so both creators and users monetize with fun incentives.

one thing is certain though: this cycle of SocialFi is infinitely more user-centric than last cycle. full rundown at privy.io/blog/socialfi-resurgence