The decentralized SocialFi application Focus supported by Coinbase raised $75 million in one week. Focus is built on the decentralized social (DeSo) blockchain and integrates the advantages of well-known social platforms such as Onlyfans, Patreon, X, and others into one application, with native cryptocurrency monetization functionality without permission and anonymity. It is reported that users can use DESO, BTC, ETH and other currencies for booking and receive 90% FOCUS token rewards within a limited time.
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Coinbase-backed SocialFi app Focus raises $75 million in funding in one week
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XEX officially launched the Slerf/USDT perpetual contract at 19:00 (UTC+8) on November 22
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The country's first digital RMB-based intellectual property securitization product was successfully issued
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APT breaks through $9.5
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BTC falls below $72,000
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BTC breaks through $67,300
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BTC falls below $67,000
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BTC breaks through $67,000
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The Great Speculative Exodus to Web3 Social
In the coming years, we're poised to witness a profound shift in the social media landscape, a phenomenon I refer to here as "The Great Speculative Exodus." This movement, which was initially sparked by the crypto market's speculative appeal, will rapidly evolve into a mass migration towards Web3 social platforms like Farcaster and Lens. The driving force behind this shift isn't just the potential for financial gains but also the unique experiences these platforms offer, particularly through community-driven token incentives and the innovative use of memecoins.
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