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The wave of decentralized social networking is surging, promising users complete ownership and genuine interactions. It sounds wonderful, but what about reality? An invisible problem is eroding the entire ecosystem—data fraud.
Imagine building a grand cathedral on quicksand. No matter how magnificent the exterior, if the foundation is rotten, the entire structure will eventually collapse. SocialFi is the same. Fake accounts, manipulated interaction data, fabricated reviews—each one is undermining the most fundamental trust among users. And trust? It is the lifeblood of social networks.
Robot accounts run rampant, false metrics fill the air, and fake reviews flood the platform. These seemingly small issues are actually dismantling the credibility of the entire ecosystem. When you can't tell which interactions are real and which are fabricated, what value does the platform have? Users will flee, projects will collapse. Once trust is lost, it’s very difficult to rebuild.