Socialfi is not a social app with finance / transacting signing in it.

Socialfi is the financialization of a following - buying and selling of accounts. So Friendtech, Scoop, Drakula, BitClout, etc.

Not Farcaster or Lens, which are open social graphs that you could build socialfi products on top of (like Scoop).

Another way to define socialfi: is the financial component (followers trading social accounts) built into the protocol itself?

Yes: Friendtech, Scoop, BitClout

No: Farcaster, Lens

Because Warpcast is not a protocol and has no inherent "buying/selling of social accounts" in the UI, it is not socialfi.

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If Uniswap adds a feed of the memecoins your Farcaster friends are buying, is that socialfi?

If any DeFi frontend adds social context, is that socialfi?

Is Zora socialfi, since you can mint what your friends are minting?

All of the answers here are no. That's too broad of a definition and unhelpful as a term.

Everything will be socialfi and then the term is unhelpful. Are all those you mentioned also DeFi?

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Everything will be socialfi and then the term is unhelpful. Are all those you mentioned also DeFi? https://warpcast.com/kyle/0x7d6df2f6

does socialfi limit itself to only speculating on accounts? for me, it includes what we're doing with zora, rodeo, moshicam, etc. if an interaction with media triggers a financial transaction, that's socialfi

Socialfi: financial aspect integrated in protocol. Examples: Friendtech, Scoop, BitClout. Not socialfi: Farcaster, Lens as they lack this feature

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