How to use SocialFi to renew experience for your crypto community
Everyone has the ambition to build up a crypto community so that they can exchange information, support each other, and earn more monetary value from other blockchain-related projects by promoting their projects. A highly engaged online community will expand the client base even more. Below are some tips and methods to help energize your crypto community through a very new technique — The SocialFi platform.
SocialFi — What is it?
SocialFi (short for “social media & finance”) is a decentralized social application that combines social networking and financial function.
Large companies control traditional social media, and there have been reports of privacy and security breaches in the past. SocialFi has developed a method of networking that protects users’ privacy and security while also giving them more control over the content they share. SocialFi allows users to make money from their content, but it also allows them to make money via decentralized activities like interacting, minting NFTs, and gaming.
How To Build Up Your Community On SocialFi?
Step 1: Collaborate with a SocialFi Project
Presently, if you are a crypto community leader, you must have been invited to join many projects, but most of them could be GameFi. If none of the SocialFi projects come to you, you should actively search for them and prove to those projects your community is worth cooperating with. Certainly, you must be able to provide them with the necessary data/qualities of your community. If luck comes to you, you shall be approached by the SocialFi projects first. At this point, just grab your opportunities after scrutinizing the project thoroughly. Indeed, SocialFi is the most essential move in the blockchain field, not so saturated as GameFi, not so challenging as Move-to-Earn projects, and just very adaptive to the social demand — Socializing!
Step 2: Move Your Community
Bringing your community to the project’s space instead of just your Discord/Telegram group? It would be a very life-changing decision for your community as now not just you but your whole community has to learn to adapt to the new space. This sounds most feasible when it comes to SocialFi Metaverse platform as this kind of platform allows users to reinforce their social behaviors digitally. To sum up, there will be 3 questions before transferring your community to SocialFi space:
1. What is the educational path like?
- Knowledge about SocialFi
- How to enter SocialFi? (step by step, such as purchasing an NFT of a SocialFi project)
- Benefits of joining SocialFi platform (X2E, not have to play games if they’re not gamers,…).
2. How should you incentivize your community to persuade them to enter SocialFi? (hold AMA, Airdrop, events, and minigames, and talk to your community directly on the current platform about the new incentives when joining and staying active on the SocialFi platform).
3. How can we sustain the community on SocialFi spaces? (creating our own NFT as a ticket to enter community space, AMA, broadcasting content to spread the community identity, etc).
Certainly, this takes time and you need more direction to maximize the benefits of SocialFi platforms. However, you should bear in mind that technological changes will happen due to cultural forces, when everyone wants to ascend to a new place and explore more social and monetary values, you, as a community leader, should be a trendsetter and prepare to understand community behavior in the new spaces. Challenging but surely rewarding!
UMBΛLΛ MΞTΛVΞRSΞ is an NFT and SocialFi open Metaverse that furnishes you with a fully new experience in the digital world where you can earn social power and monetary values through X2E and DAO2DAO models.
We’re looking for cooperation with crypto communities that are enthusiastic about leading community conversation and exploring new opportunities for their own people. Contact us for further information.
