Is crypto-powered social network a trend?

umbara ardian

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Quote from: Jayson (Torum) on November 04, 2019, 07:16:44 AM

I noticed that there are quite a number of crypto-powered social media popping out in recent years. I believe the most successful one is Steemit, which most of us can agreed on. There are also other social network platforms like Appics, Uhive and etc. I am curious to know if anyone of you is willing to switch from the daily social network app like Facebook, Twitter and Instagram to crypto-powered social network. And if you could, do share your reasons for doing so.

Suppose the combination is successful !!!

I think that big corporations like facebook will not ignore that in the future. I firmly believe that here everyone can see what facebook can do in this market. The media currently has a lot, i think in the future we will get a most comprehensive product.

Bitcoin Seller

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Quote from: KennyR on November 04, 2019, 07:51:32 AM

Crypto powered social networks weren't that popular. Right now Steemit is the only social networking source that is perfectly functioning and gives people good recognition for the articles and posts shared by the users. Brave browser too have begun to give users with some BAT, maybe more social networking sites will emerge powered by cryptocurrency.

I guess, the popularity time has not yet come. Wait for a couple of years, where more people will understand that cryptocurrencies will always exist, and sooner or later, but everybody will use it. Then, these social nets will be taken better than now.

Shasha80

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It's true that the most successful crypto powered social media is Steemit, and I'm still actively using it until now.
But I don't agree that crypto powered social media is a trend these days, Because when compared to daily social
networks such as Facebook, Twitter, and Instagram, there is still a far shortage of active users. Myself more comfortable
using Twitter than Steemit.

Ayiranorea

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Other than Steemit no social networking platform gained the importance. Steemit is something different, and gives everything ina precise manner. As Steemit is the very first of its kind more people are used to it. Further the reward system of Steemit is quite interesting and helps in acquiring knowledge. I haven't used to other platforms thats been mentioned in the OP. There might be more effective platforms, but those haven't reached the community. This is where most of the success projects failand go out of usage.

SlimShadyMmp

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Hmmh what happenede to steemit I think Most people now have forgotten where their private keys are because it has been so long since I even see their coin on the chart (CMC) I think biggest media for crypto now is twitter and telegram personally.. And maybe discord for rare ones

Princeofpoetry

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Social media has become everyone's need, steemit is the most popular. actually steemit hard fork (hive) is no less interesting. I use it to share my opinion. For replace the position of Facebook, Twitter and Instagram. I thought nothing happen

jcarlo

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Quote from: aemma on November 02, 2020, 06:23:28 PM

Steemit is definitely the most popular in the crypto space and till date no other has succeeded in beating it. However, talking about trends in the crypto space, it is something that happens often and most times the projects that starts the trend are the legit ones because the idea in the onset is unique but then, others that comes after, a good number of them are just there to follow the hype and scam; this case scenario can be likened to that of social network trends. Now currently, it is Defi projects although the hype is diminishing some are still coming up, out of which few are genuine as well.
Furthermore, I think it will be difficult for people to stop using Facebook, Twitter etc for a crypto based social network, this is because those platforms has stood the test of time and hence having massive users, not only that, they keep improving to sustain their growth. However, it can still be possible if the crypto based social network will offer exceptional services.

I agree that successful social media in the cryptocurrency space is steemit. Even though there are many projects working on social media projects, I think people will still use Facebook or existing social media platforms because not everyone knows about cryptocurrency projects.

aemma

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Steemit is definitely the most popular in the crypto space and till date no other has succeeded in beating it. However, talking about trends in the crypto space, it is something that happens often and most times the projects that starts the trend are the legit ones because the idea in the onset is unique but then, others that comes after, a good number of them are just there to follow the hype and scam; this case scenario can be likened to that of social network trends. Now currently, it is Defi projects although the hype is diminishing some are still coming up, out of which few are genuine as well.
Furthermore, I think it will be difficult for people to stop using Facebook, Twitter etc for a crypto based social network, this is because those platforms has stood the test of time and hence having massive users, not only that, they keep improving to sustain their growth. However, it can still be possible if the crypto based social network will offer exceptional services.

Crypto5060

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It's a gradual process. The jump might not happen today but in the coming years when many people would have signed up on these platforms, it will be easier to witch from the current social media apps.

aomakun

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Quote from: jets567 on November 14, 2019, 11:20:49 AM

Quote from: Jayson (Torum) on November 04, 2019, 07:16:44 AM

I am curious to know if anyone of you is willing to switch from the daily social network app like Facebook, Twitter and Instagram to crypto-powered social network. And if you could, do share your reasons for doing so.

I will not completely switch to a crypto-powered social network if most of my friends and family are still using the currenct social media platform though I'm planning to try those crypto-powered platform because they offer good crypto rewards to their users just by using the platform.

because crypto social networks don't use it that much, and I think only a few people know it especially crypto users, while other people still use commercial social networks that they usually use

Ucy

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Quote from: plast555 on November 13, 2019, 04:04:22 PM

Blockchain-based social media platform creation is an excellent idea. I think it fits the spirit of Blockchain.

Although Steemit was the first pioneer, he faced some problems and gradually began to lose his old importance.

In recent months, Steemit has launched a new campaign called #Newsteem, for resurrection, but I have questions about how well this campaign has gone.

Frankly, I would like people to abandon centralized social media applications like Facebook and Instagram because these companies have been repeatedly proven to steal user data, which is not pleasant.

There are too many blockchain-based social media apps around, but I think none of them sounded like Voice.com. I am looking forward to this application designed by the EOS team, which is still in the project phase.

Steemit is a good project. I think it's a good idea to "resurrect" it. I kind of think that whole thing should be started afresh especially now that market is abit stable.
Some things need to change to make Steemit more appealing to more people like facebook. It should be easy to use too. There should be great ways to promote it to the grassroots with little budget considering it's not really a profit driven thing.

jets567

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Quote from: Jayson (Torum) on November 04, 2019, 07:16:44 AM

I am curious to know if anyone of you is willing to switch from the daily social network app like Facebook, Twitter and Instagram to crypto-powered social network. And if you could, do share your reasons for doing so.

I will not completely switch to a crypto-powered social network if most of my friends and family are still using the currenct social media platform though I'm planning to try those crypto-powered platform because they offer good crypto rewards to their users just by using the platform.

asriloni

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Quote from: Jayson (Torum) on November 04, 2019, 07:16:44 AM

I noticed that there are quite a number of crypto-powered social media popping out in recent years. I believe the most successful one is Steemit, which most of us can agreed on. There are also other social network platforms like Appics, Uhive and etc. I am curious to know if anyone of you is willing to switch from the daily social network app like Facebook, Twitter and Instagram to crypto-powered social network. And if you could, do share your reasons for doing so.

Maybe they are alive but when you are tracking their histories and they were not showing good progress on the result of development. People will still confidence to use the centralized social media rather than crypto-powered social media. Why do we need move to the new platforms while almost all of our friends and families were still using centralized social media like facebook, twitter ,etc.
I'm not willing to do that, I have tried use matchpool and that was a failure project. No people had used it.

Quote from: SanZoldyck on November 14, 2019, 10:51:43 AM

I have switched from Steemit to Golos, the reason is simple because more Golos are discussing about crypto there, and in my opinion the Golos platform is more simple and easy to understand

I thought that if GOLOL is available for Russian only as so many Russian are using it while others are sticking to the publish0x. I remember about the majority of the writers were moving to the medium before it was implicating a very strict regulation to the crypto content.

Dellosoft

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Quote from: plast555 on November 13, 2019, 04:04:22 PM

Blockchain-based social media platform creation is an excellent idea. I think it fits the spirit of Blockchain.

Although Steemit was the first pioneer, he faced some problems and gradually began to lose his old importance.

In recent months, Steemit has launched a new campaign called #Newsteem, for resurrection, but I have questions about how well this campaign has gone.

Frankly, I would like people to abandon centralized social media applications like Facebook and Instagram because these companies have been repeatedly proven to steal user data, which is not pleasant.

There are too many blockchain-based social media apps around, but I think none of them sounded like Voice.com. I am looking forward to this application designed by the EOS team, which is still in the project phase.

I think Steemit has funding issues, if not why the many ads making the platform look crappie. The issue with most of these crypto social platforms is that they can't compete with mainstream centralized social platforms at the moment. Talking about VOICE by block.one , I registered for the beta version but no recent update at the moment.

SanZoldyck

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Quote from: Jayson (Torum) on November 04, 2019, 07:16:44 AM

I noticed that there are quite a number of crypto-powered social media popping out in recent years. I believe the most successful one is Steemit, which most of us can agreed on. There are also other social network platforms like Appics, Uhive and etc. I am curious to know if anyone of you is willing to switch from the daily social network app like Facebook, Twitter and Instagram to crypto-powered social network. And if you could, do share your reasons for doing so.

I have switched from Steemit to Golos, the reason is simple because more Golos are discussing about crypto there, and in my opinion the Golos platform is more simple and easy to understand

duuuuude

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Agree that now there is not a single crypto social network that would be at least about as convenient as the giants of the market. It seems to me at this time that few people will be able to jump over themselves and create something new and unique in this area.

plast555

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Blockchain-based social media platform creation is an excellent idea. I think it fits the spirit of Blockchain.

Although Steemit was the first pioneer, he faced some problems and gradually began to lose his old importance.

In recent months, Steemit has launched a new campaign called #Newsteem, for resurrection, but I have questions about how well this campaign has gone.

Frankly, I would like people to abandon centralized social media applications like Facebook and Instagram because these companies have been repeatedly proven to steal user data, which is not pleasant.

There are too many blockchain-based social media apps around, but I think none of them sounded like Voice.com. I am looking forward to this application designed by the EOS team, which is still in the project phase.

Nolimitz84

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Quote from: Jayson (Torum) on November 04, 2019, 07:16:44 AM

I noticed that there are quite a number of crypto-powered social media popping out in recent years. I believe the most successful one is Steemit, which most of us can agreed on. There are also other social network platforms like Appics, Uhive and etc. I am curious to know if anyone of you is willing to switch from the daily social network app like Facebook, Twitter and Instagram to crypto-powered social network. And if you could, do share your reasons for doing so.

I do not mind using such social networks,but the fact is that few people know about them.But on the other hand, there is no difference whether there is encryption in the social network or not.

trumpman

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Quote from: Jayson (Torum) on November 04, 2019, 07:16:44 AM

I noticed that there are quite a number of crypto-powered social media popping out in recent years. I believe the most successful one is Steemit, which most of us can agreed on. There are also other social network platforms like Appics, Uhive and etc. I am curious to know if anyone of you is willing to switch from the daily social network app like Facebook, Twitter and Instagram to crypto-powered social network. And if you could, do share your reasons for doing so.

I am using a couple of them for the last couple years, primarily steemit, and I make a nice little extra side income from them.

Honestly, the only reason I use those sites is because of that extra little income, and imo so is the majority of the other people. So, no, they are not a "trend" at all. Remove the rewards, and the users of all these sites will go to 0 the very next day. As things are, not a single one of them has any chances of actually going mainstream. Facebook, Instagram etc all became famous because for whatever reason people actually enjoyed using them. Not because they were getting paid to use them.. Having said that, in the next months some nice changes are finally coming to Steemit, mainly communities and SMTS, which will make it a bit more like reddit and hopefully will help it spread among the masses.

On a sidenote, publish0x.com also seems to be doing really fine according to Alexa Wink

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Quote from: sikke on November 04, 2019, 08:59:48 PM

I don't think that it's necessarily a trend.

Steemit has been around for a long time now and we don't really see it blooming into anything major any time soon. It is way past its previous identity as one of the top altcoins, and the hype has died down very much.

I think that the reason why people used to hype up this kind of project so much is due to the fact that it generated profit for those who used it. But right now, there is no more free money to be had in crypto winter.

Steemit traffic dropped alot this year and I think it will continue to drop even more. (Source: Alexa). Steemit was paying fairly a good amount of money at the beginning plus the crypto market boomed at that time so people made alot of money. Nowadays it's not worth your time to spend on writing. This is actually problem with many incentive based promotions. One you stop paying something to the users, they will leave your project.

Topic: Is crypto-powered social network a trend? (Read 649 times)