Do you think SocialFi can be the new trend in crypto?
I don't think so. There have been a bunch of them in the past but never got the spotlight.
Yes, there were plenty of them and all of them failed. It's even not as easy for defis to stay afloat in this market and a lot of people have moved back to centralized exchanges for their trading needs. In a similar manner, centralized social places generally provide a better service and platform for interaction and exposure. It's like we can make a better looking and fancy alternative to the forum but can't necessarily be able to move the userbase to that site. For a socialFi to success, it should be a good social place to start with. For example, telegram could turn into a socialFi if they carefully take the right steps.