2026-01-15 19:47:34

The issue with SocialFi is even bigger than you think. Since its inception, this sector has been burdened with unrealistic expectations—such as token incentives changing social interactions and tokenization solving user retention. But what’s the reality? Most SocialFi projects are essentially another form of Ponzi scheme, where early participants are paid by later entrants, and truly valuable social features are often overlooked. Users aren’t coming for socializing; they’re here to make money. Once there’s no profit to be made, they leave immediately. Such an ecosystem cannot go far. Instead of continuing to pour money into proof of concept, it’s better to reflect: When will Web3 be able to create social products that users genuinely want to use, rather than being forced to use?

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Web3Educator

· 14h ago

*adjusts virtual professor glasses* this is literally what i've been telling my students for two years now—fundamentally speaking, you can't tokenize authentic human connection, period.

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RamenStacker

· 14h ago

I've been saying it all along, token incentives can't save social, it's still the same old trick --- Ponzi games in disguise, users get exploited over and over again --- Wait, the products people really want to use... that’ll have to wait until the Year of the Monkey --- Honestly, no one cares about the social experience, they just want to make a quick profit and leave --- Instead of hyping Web3 social, it's better to improve retention first --- I just want to know which SocialFi project has truly kept users for more than three months --- When tokens drop in value, users run faster than the wind, isn’t that right? --- Reflection? It’s probably too late now, those who should leave already did --- Neglecting social features hit a nerve, everyone is just thinking about how to cut the leeks --- Round after round, are there really people willing to go all out again?

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ProposalManiac

· 15h ago

Ponzi schemes can easily be disguised as Web3 projects to attract retail investors, but the key issue is that no one has been able to design an incentive-compatible mechanism. Looking at those failed projects, without exception, they all ignored the most fundamental governance logic.

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PseudoIntellectual

· 15h ago

Basically, it's about packaging social interactions as financial games, and users simply don't buy it. Ponzi's shell, social's backbone—this thing has been anti-human from the very beginning. Honestly, someone should have dared to say this earlier. Web3 social is still a dream; wake up. The only thing motivating users is money, and there's no way around it. Instead of hyping token economics, it's better to make the product usable first. They're all just here to harvest the leek; who really cares about social interaction?

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