PANews reported on July 1 that CoinList recently stated in its official blog that since the establishment of CoinList, the team has removed approximately 2.4 million robots and fake accounts from the platform. For any project, removing these accounts will have a negative impact on revenue because these fake accounts help increase data and profits.

CoinList also noted that it prioritizes comprehensive Sybil attack prevention measures to ensure the integrity and fairness of the platform. While many on-chain platforms and airdrops rely solely on on-chain data to mitigate Sybil attacks, CoinList's approach is more comprehensive: "We verify the legitimacy of devices and browsers, analyze IP addresses, screen for unusual bot-like activity, assess the legitimacy of email addresses, and ensure that every participant is a unique and verified individual, among other things."