x
silverpill@x I've never heard this term. Are Substack and Patreon SocialFi? If they are, then Mitra is SocialFi too.
Mostly yes. But it have to be #decentralized
> SocialFi is a portmanteau of social media and finance – crypto’s latest attempt to monetize social media and social interactions online. The basic idea: you interact with others on a social media platform that allows your interactions to be monetized.
https://coinmarketcap.com/academy/article/what-is-socialfi-the-latest-crypto-narrative
Maybe it's time to issue MitraCoin. On #PacketCrypt blockchain ))
@x Mitra is just a tool, and blockchain is used here for purely practical purposes, to enable peer to peer payments. MitraCoin won't make it any better.
Many web3 social platforms sell tokens because they are not actually social platforms, but elaborate pump and dump schemes.