Apart from friend.Tech, what other Web3 social applications are worth paying attention to?

Communication and Sharing.

Recently, the surge of Friend.Tech on the Base chain has sparked controversy among users. However, undeniable is that its popularity has contributed to raising awareness about SocialFi. Decentralized social platforms are often touted as a crucial domain within the crypto industry to attract a broader public focus, as blockchain technology extends beyond just finance.

Why do we need decentralized social media?

Before we delve into introducing various on-chain social protocols, it's essential to comprehend the significance of building social media on the blockchain. Considering the events that have transpired on Twitter (or other social platforms) in recent years, you might already have an answer:

1. Censorship prevention: We can't solely rely on individuals like Elon Musk to safeguard free speech.
2. Account ownership: Ensuring you maintain control over your account to prevent instances of theft, as witnessed with Elon Musk's Twitter account.
3. Adaptable incentive mechanisms: Social media should treat users more like products, not just tools. Companies shouldn't solely profit from users' attention; users should also benefit. Our expended attention should yield corresponding rewards. This necessitates change.

Social Applications DeBank Hi

Even before friend.Tech allowed users to monetize their fan engagement, DeBank had already introduced a similar feature through DeBank Hi.

As depicted in the image above, you can set a price for fans to engage in private conversations with you. In the DeFi realm, DeBank has become a widely-used wallet tracking platform for investors. Over the past year, they've added two significant social functionalities: DeBank Hi and DeBank Stream.

After reading the DeBank Hi whitepaper, I don't oppose the idea of trading attention for money. For celebrities and busy Key Opinion Leaders (KOLs), private messages can often be cumbersome. DeBank Hi establishes a paid zone that not only enhances their time value but also deters individuals with malicious intentions, a penchant for disturbances, or a tendency to send spam.

DeBank Stream

Simultaneously, the DeBank team has constructed a Twitter alternative called DeBank Stream.

One of the most enticing aspects, as seen in the image above, is that each post comes with a $ value. For instance, in the post below, the "Realized Value" is $52.29.

"Realized Value" is the reward allocated to everyone who engages with the post (liking and commenting) and is typically funded by the poster or sponsors.

DeBank Stream boasts rich functionality and entertainment value—for instance, you can adorn your profile with NFT badges—making it surpass friend.tech in various aspects. In my opinion, DeBank Stream leads other Web3 social platforms in terms of functionality.

Even participating in governance activities (voting) can result in rewards, making it highly recommended to experience this project. (However, your wallet needs to hold at least $100 worth of assets to prevent malicious activities.)

Another reason to start using DeBank early is the possibility of airdrops! They recently hinted at this through an announcement on Debank Chain.