Decentralized Social Sector Continues to Grow Despite Market Downturn

The decentralized social sector has been a topic of discussion lately, with some analysts predicting its demise due to the recent market downturn.

However, Mask Network's latest analysis suggests that this narrative may be premature. According to their data, there are currently 17.76 million linked identities across 30+ platforms, representing roughly 5.9 million unique Web3 users.

These identities have generated 17.37 million verified connections, not follower counts but actual cryptographic bindings between accounts and wallets.