Introducing StoryFire: SocialFi

StoryFire SocialFi, the backbone to StoryFire’s success today, with over two million users since inception.

So, the big question is how does StoryFire intend to break into the big five, the Meta Group, Youtube, Tiktok, X and Snapchat, is a common objection to the building of a new Social Media platform – a question that is beginning to appear outdated.

Now, let’s step back to June 2016. Twitch introduced “cheering”, a way to tip the streamer you are watching.

Who could have predicted the revenue generated from the generosity of adoring fans? Yet the model in its simplicity has proven to be incredibly effective. Your tip prioritized you in the Twitch chat and encouraged the streamer to interact with you. This has given birth to a new type of creator and shone a light on how important interaction is with your audience.

On a similar timeline, but with a separate objective, the Web3 industry has grown and discarded the legacy methods of not only transferring value but shifting what we view as having value. The tantalizing part is seen in the way in which projects then reward that which is valued. In a slight of hand move the social space has effectively convinced the world that attention, likes and comments are the real value. They are so valuable that the giants of this space share little to none of the profits.

StoryFire’s SocialFi opens every interaction to potential reward, fairly distributing profits to creators and users that engage and gives that means of transferable value utility across the StoryFire ecosystem.

The BLAZE token can be used to tip every action to promote content and to advertise within all of StoryFire. Surveying your audience for future content? Put out a poll and if you want, add a BLAZE token paywall to ensure the engagement of your genuine fans. This will help creators truly know what their audience desires.

The hottest sector in the social space though is short content, shockingly it also has the lowest return to the creator. StoryFire will now flip this on its head, with the launch of the BLAZE token, short content will be open to monetisation.

At StoryFire we are at the forefront of SocialFi, with a functioning social space that rewards its creators.

Learn more about StoryFire

Website: storyfire.com

X (Twitter): twitter.com/storyfireapp

Telegram Community: t.me/StoryFireCommunity

Telegram Announcements: t.me/storyfireann