SocialFi is the subject of much controversy. What's the next weapon?

Recently, SocialFi has been the focus of many listeners and discussions, and some well-known work has been created by professional organizations. Projects like deso also attract the attention of a16z. But right now SocialFi doesn't have a usable file that a lot of people like. Will health become a reality? The next hotspot is also worth considering.

When you think of SocialFi, the first thing that comes to your mind is social media. The mobile internet is now inextricably linked with social media. Social media themes are people communication and interaction including social networking software, Weibo, Douyin, and Twitter. , Facebook, forum posts, messages, etc. So the blockchain version of SocialFi is expected to solve social issues now, we need to pay attention to the last question: what's wrong with the social internet? Write the following:

the comeback

Most of the ads are not supported and users appear as users, and as the number of users increases, the value of the social platform increases and the benefits of the costs and a platform Similar advertising can be obtained. 0 mm staff salary on the platform. Just a few numbers of compliance KOLs, where a small amount of capital exchange and a training platform to improve the customer experience, and the channel to make money to know the price, the rest rarely comes back to most social platforms. Mostly on social media platforms, they sell their colors for the brand.

Additional blockchain can provide users with lower cost token incentives, so that the platform and users can earn more money by sharing, more users, more profit than the currency of the platform, this completes the win-win situation. The rapid growth of social media, and this is also the main goal of SocialFi.

Account autonomy

Many believe they still remember Trump's Twitter account banned in the last US election. Users, removing ads, and restricting account numbers also affect the users who manage their accounts. Of course, sometimes for various reasons, such as some users post gossip or other speech that interferes with performance. Centralized social platforms should react accordingly. Only then can we ensure the proper functioning of the platform. Of course, sometimes the platform can do this as well, for example by removing the account number or removing the script for a fee. Therefore, basic social platforms really are double-edged swords.

In the blockchain world, the autonomy of the account belongs to the users, and the data and information shared by the users has been completed on the chain and cannot be deleted from the platform. or speech can be blocked by DAO vote, which recognizes the integrity of the relationship, of course, the idea is still far from being used, but the continuity of user freedom is really guaranteed. Blockchain support should be provided to avoid overregulation of the platform and the risk of malicious content.

Of course, SocialFi can fix the current issues facing relationships, but SocialFi has yet to fix its issues, including:

Self-assessment issues

Since SocialFi is ultimately operated as a DAO organization, self-recognition is paramount and, due to the associated lack of self-acceptance, the risk is more legitimate as it does not comply with applicable laws in some countries and regions. Second, assertiveness is also about avoiding the negative effects of brushing on the hair, and the third is the safety of assertiveness. SocialFi faces a world where identity information can be compromised. So, to solve the personal problem, the blockchain is a problem facing SocialFi.

Urinary incontinence and abnormal urine

Non-trivial matter is what we often call water. In fact, the flow of buying and selling has already spread throughout the modern online world, creating a gray chain. This phenomenon is profitable for making money, and Internet blockchains are hard to avoid.

Faced with these issues, in practice, SocialFi still needs DAO to properly avoid them, like voting and censorship. This avoids these problems for some, but at the same time reduces heat and time for some, so there is currently no good solution.

malicious car swap

Because of the promotion of blockchain, indeed, SocialFi can increase market share, read or like, etc., so that a certain capital can deliberately "popularize" certain people under the control of money. , then distort it. "KOL", these practices often place inaccurate content in the main function of the next step to ensure good publicity and mislead users.

concludes

In essence, the current development of SocialFi is uncertain. The inconvenience of some blockchain infrastructure, procedures and policies can lead to faults, at the same time the existing SocialFi function failed and the status changed. From that perspective, SocialFi still has a long way to go in the future. Of course, for investors at the initial stage of setup, when looking at future improvement models and allocations, they also have to put up with the loss of project work and think before investing.