From Friend.Tech to the recently popular Fantasy.Top, Alpha Garden, Bubblemaps Social, these products that 'monetize social relationships' are forming an independent track: Social Finance (SocialFi).

When Friend.Tech launched, its daily revenue once surpassed Uniswap and Lido, relying solely on 'buying and selling KOL shares', with TVL breaking $20 million in a week. 'Follow for updates'

🧠 Simple explanation of the model:

If you like a KOL, you can buy a part of his 'shares'. As others buy in, your 'shares' appreciate, and you can sell them for a profit.

It's a combination of 'stock market + social network', but there are no companies; what you're buying is 'persona traffic expectations'.

For example:

  • A is a KOL who creates airdrop tutorials.

  • You bought 10 shares from him at 1 USDT each.

  • Later, he became popular, everyone bought, and the price rose to 10 USDT per share.

  • You sold 10 shares and made a profit of 90 USDT.

🔍 Hype logic = low liquidity + KOL gaining fans = high volatility

A bit like trading 'crypto circle version of TikTok influencers':

  • When the hype comes, buy it;

  • When the hype declines, sell it;

  • People become 'liquid assets'.

⚠️ Risk:

  1. Excessive speculation: Many users come not for content but to speculate on prices;

  2. KOLs are countering users: They pump and dump themselves, a typical case of 'cutting fans';

  3. Ethics and compliance gray area: The boundaries of buying and selling 'people and relationships' are blurred.

📊 Current data:

  • Friend.Tech once surpassed 300,000 addresses;

  • Fantasy Top's highest TVL exceeded $12 million;

  • The daily increase in the SocialFi token sector often exceeds +20%, such as $STARS, $DESO, $FRIEND.

SocialFi is moving towards a brand new direction, shifting from 'content mining' to 'persona hype'. The future of Web3 social may not be Weibo or Moments, but rather, buy whoever you like.
But don't forget, this is also a casino for 'buying emotions and betting on traffic'.#Web3 $BTC