If we consider the general 'Elizabeth story', Elizabeth is likely the central figure. Her significance could be that she drives the plot forward. For example, if it's a story of her journey, her decisions and actions would be what the story is built around.
Definitely not a true story. FNAF is a work of fiction that takes place in a fictional world with its own set of rules and scenarios. It's all about creating a thrilling and immersive gaming and storytelling experience, not reflecting reality.
The FNAF backstory is full of mystery. There are rumors of hauntings, dark events at the pizzeria, and unanswered questions that keep fans guessing. It's a world filled with suspense and horror elements.
In 'Hanging Elizabeth Reed A Ghost Story', Elizabeth Reed is likely the victim or the main character. Given that she is associated with hanging and is part of a ghost story, she may have been a person who had a difficult life or a fateful encounter that led to her death by hanging. Her presence as a ghost would suggest that there are unresolved issues related to her life and death, and the story might revolve around uncovering these secrets.