Farm food

Socialfi is now farming the farmers

By Ticktalker | ticktalker'sblog | 15 Nov 2023


Farming social media for token rewards is one thing I have never been a fan of. And I also don't get jealous when I see the rewards of people who engage in such.

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One of my major reason for this is it messes up my timeline. When people come to your timeline to get information, it is usually hard surfing through all the farming posts.

Another reason why I steer clear of these kind of reward system is you run the risk of getting your account banned for posting spam.

Most startups are taking advantage of these new narrative to grow their brand followers and when it comes to rewarding users, they use it as an opportunity tax farming opportunity. How will someone pay a $20 tax to claim $2 worth of reward ?
It just doesn't make sense.

In my opinion, farming engagements are meant for people with large following and influencers, because what they will make from a single post, you may not make it up in your 15-20 posts, and making 20 post on a particular topic will make Twitter algorithm thinking you are spamming.

Like all new narratives, socialfi has be hijacked by scammers and they are now launching platforms every 2 secs to farm and get paid by Elon.
This is just my 2 cents, there is nothing free, unless you are the products. Developers are not Santa Claus that will dash you money.

Hope you learnt something today, I am ticktalker and I always post crypto/educative contents.

Making each day count in the world of crypto is crucial for success. Plan, research, and learn to stay ahead. Keep pushing, legends! 💪💯

Until next time, stay SAFU.

Please whatever is written in the article above is for educative purposes only. I am not a financial advisor.

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Ticktalker
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I am a comic relief content creator and web3 enthusiast, I write contents to share things I learn and research about.


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