The narrative of SocialFi is very appealing, but the implementation is full of pitfalls.

Mars Finance News: Fantasy.top's SocialFi trading card game will shut down at the end of June after two years of operation. The TCG model's long-term economics are limited, and trading volume is insufficient to sustain operations. The team's attempts at prediction markets, mental share tracking, social graph betting, and other vertical products have not achieved long-term market fit. All investors will receive full refunds. The main competitions run until June 18, with prediction markets, prize pools, arenas, and other features closing on May 21, and all remaining rewards will be distributed.