I've been pondering a question lately: Does SocialFi really make sense?

After looking at so many SocialFi projects, it feels like they're all reinventing the wheel. To be honest, the core value of social platforms isn't in those flashy on-chain features—it's about where the users are and where the relationship networks exist.

Twitter and WeChat have already monopolized social value—Twitter is the main battlefield for public discussions, and WeChat is the moat for private relationship networks. Other platforms want a share of the pie? The cost for users to switch is right there, so why would anyone change platforms?

Unless there's some disruptive value innovation, SocialFi seems more like a false demand. It's not that the technology isn't good enough; it's that human nature and habits are just too hard to change.