Introduction

Introduction

Social assets and liquidity are a new paradigm in the crypto world. Finance has been the most successful application of Blockchain Technology since the birth of Bitcoin. DeFi has brought about a revolution in the issuance and distribution of financial assets and liquidity, with Uniswap already surpassing Nasdaq in terms of trading volume [1]. However, social network applications that have the greatest influence on the traditional Internet, such as Facebook, X (formerly Twitter), and WeChat, have not yet achieved significant success in the crypto fields.

For social protocols and applications based on blockchain and crypto, creating brand new social assets and providing corresponding social liquidity and liquid redistribution are the most significant ways to release crypto's native financiality. Based on social networks, new assets will be created based on influence and attention, and the pricing and liquidity distribution will follow the rules of social network effects and bonding curves unlike any other assets before.