VeriFi

VeriFi – On-Chain Credibility Score System

VeriFi is a decentralized reputation system that assigns a credibility score to content, content creators, and sources based on consistency and authenticity signals. It aggregates data about a user’s posts or a specific piece of content, checking facts, authenticity score, cross-referencing reputable sources, and tracking past behavior, and then mints a score. These scores are stored on-chain for transparency and interoperability, so any platform or user can query the credibility of content with trust that the record hasn’t been tampered with.

Target Audience & Integration:

• Social Platforms and Communities: Starting with X and moving to decentralized social networks, content-sharing dApps like BaseApp and Zora that can integrate VeriFi to display credibility badges next to content or user profiles. This provides an incentive for users to post higher quality content – a visible on-chain score that travels with them, a form of portable reputation, improving information quality.

• InfoFi Platforms: One of the biggest criticisms against InfoFi platforms like Kaito and Cookie.fun is the low quality of the content made by the participating users, flooding the socials with low-quality AI slop. By integrating MirageTech’s algorithm and VeriFi score, these platforms will be instantly raising the bar and differentiating the actual high-quality and contributing users from the low-quality, no-impact, spammer-like posters.

• Traditional Media & Fact-Checking Orgs: News sites and fact-checkers can use VeriFi as a credibility oracle. An outlet might publish content with an embedded VeriFi score for the author or sources cited, giving readers a quick trust signal. Fact-checking organizations could write to the VeriFi system when they verify or debunk claims, which in turn updates the scores of related content on-chain. This cross-platform consistency is powerful; a false claim flagged in one corner of the internet could universally lower the credibility score of that claim and of those spreading it.

User Behavior & Incentives: VeriFi creates a feedback loop that rewards authenticity and quality. Users with consistently accurate and authentic posts gain a high credibility score that is visible to others (much like a seller rating on e-commerce). This can translate into greater audience trust, influence, or even monetization opportunities (a platform might boost highly credible contributors or smart contracts could allow tipping users above a certain score). Conversely, those who frequently share false or inconsistent information will carry a low score, serving as a caution to others. Because the scores are on-chain and user-controlled via their wallet identity, reputable users can carry their earned credibility across platforms, aligning with the Web3 principle that “your reputation travels with you” in an open ecosystem. This portability incentivizes users to build and maintain their credibility much like one builds a credit score.

The on-chain aspect also assures users that credibility data is not being covertly manipulated by a central authority – it’s transparent and verifiable by anyone. In an era of low trust in centralized media and tech companies.

Product-Market Fit: VeriFi addresses a broad pain point: the collapse of trust in online content. By 2025, a majority of online users worry that content is misleading, and 76%+ say it’s hard to tell if content is trustworthy. Traditional fact-checking is not scalable (and often comes after misinformation has spread). VeriFi’s approach is proactive and scalable, using AI and crowdsourced signals to score content as it circulates, and storing those assessments on-chain for all to see. This novel approach aligns with trends in decentralized identity and reputation: projects like Ethos and Kleros have explored on-chain reputation and “social collateral” mechanisms (e.g. staking tokens to vouch for truth). Ethos Network, for example, calculates a credibility score from on-chain behavior and even allows staking ETH to verify or accuse misconduct, slashing bad actors. But no player comes close to being able to do this at such a large, automated scale. While pinpointing VeriFi’s TAM (Total Addressable Market) is challenging (it essentially targets all digital information consumption), the potential user base is enormous. There are 5.4+ billion social media users globally as of 2025, many of whom encounter unverified information daily. Even a subset – news readers, educators, researchers, and conscientious sharers – represent hundreds of millions of users who could rely on a credibility score for guidance. On the B2B side, any platform dealing with user content (social networks, InfoFi projects, video sites, blogging services) faces pressure to ensure content integrity; VeriFi offers a plug-in solution to add a layer of trust. Early adopters are likely Social Platforms and Web3 communities (which are predisposed to blockchain solutions). Over time, if VeriFi proves its accuracy and fairness, it could break into mainstream web platforms or browser extensions as a ubiquitous “nutrition label” for content credibility. The strong public desire for such indicators (four out of five people in an international survey said tech companies and governments must act to protect integrity against deepfakes/misinformation) suggests VeriFi is timely. The key will be building enough trust in the score itself, which MirageTech plans to achieve via transparent algorithms and the immutability of on-chain records.