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According to some reports, more than half the world's population spends an average of 2 1/2 hours a day on Web2 social media platforms. However, as the Web2 age is passing and traditional social media platforms with it, the rise of a new era approaches - Web3. That said, will social media carry over its current engagement once Web3 reaches mass adoption? Read on as we explore the future of social media and SocialFi!