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13min chapter
The Upcoming SocialFi Wave in Crypto - Blockcrunch Roundtable 010
The Blockcrunch Podcast
Navigating the Challenges of User Adoption in Social Crypto Platforms
The chapter delves into the current user base of social crypto platforms and the importance of wider adoption, using examples like fantasy trading games to illustrate expansion strategies. It highlights the criteria for successful socialFi projects and emphasizes the value of creating excitement among users intertwined with crypto. The conversation also explores the complexities of user retention in crypto social apps and the challenges faced by crypto VCs when distinguishing genuine users from incentivized ones in investment decisions.
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