Is crypto-powered social network a trend? - page 3.

LbtalkL

full member

Activity: 1176

Merit: 162

They targeted social media platforms because they believe it will be a trend, they are assuming to be like facebook with a bunch of users around the world.
With a lot of audiences, they can promote to a large scale of people but the question is, will their platform click? I guess not, I have encountered a lot of new start-ups projects that fail with a concept of crypto social media. I guess twitter and facebook, etc. is hard to beat they have gained their reputation. These new startups have bump into a wall. Grin

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

Free Bitcoins Every Hour!

Actually we can find some social network projects for cryptocurrency. But so far, the most popular projects may be Facebook (Libra) and also Telegram coin. Previously, you may find One Social and some others. However, most of them are not promising and they tend to be failed after the ICO ends. In this case, actually social network project-based is actually promising, however, we must be smart in choosing why they are interesting.

alyssa85

legendary

Activity: 1652

Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

Quote from: deodivine1 on November 07, 2019, 05:43:06 PM

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.

Honestly many people hyped steemit because publishing articles on it wayback was profitable, but not right now. Steemit now has too many ads, well I think it's a means to generate funds to support the project. However, I'm yet to see a very successful social network crypto project with mainstream acceptance.

They decided to enable ads because they didn't want to continue selling steem to fund the development team. Having ads means there is less selling pressure on steem than there was last year.

Suharti12

member

Activity: 350

Merit: 10

If later there is a social network that is more popular than Facebook, Twitter or Instagram, surely later I will try to choose that social network for various purposes including for Cryptocurrency. But because right now I am used to Facebook, Twitter and Instagram so at this time I haven't tried the other network.

mrdeposit

hero member

Activity: 1358

Merit: 509

Quote from: passwordnow on November 07, 2019, 05:34:21 PM

I could if there's an actual reward for it. Unlike Facebook, they don't share their revenue with their users. But if a crypto-blockchain based social media has come and they're rewarding their users on a daily basis even with limitations, I think I'll use them. Just look with Brave Browser, the popularity of it spread like wildfire because of its reward system. And not just that, because of its low consumption to our RAMs as an alternative to chrome, people used it.

This comparison is enough to see the upcoming revolution in the social media platforms, it becomes addictive after first use for the experienced tech-savvy guys. As an alternative to the old fashion Explorer, the browser product of Google changed the look of browsing the internet and the chromium-based alternative browsers compete until today for hitting the best place. The same idea is actual for the blockchain reward distributes social media crypto startups.

Rexler

member

Activity: 616

Merit: 12

The Standard Protocol - Solving Inflation

Quote from: deodivine1 on November 07, 2019, 05:43:06 PM

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.

Honestly many people hyped steemit because publishing articles on it wayback was profitable, but not right now. Steemit now has too many ads, well I think it's a means to generate funds to support the project. However, I'm yet to see a very successful social network crypto project with mainstream acceptance.

But there are traditional/centralized social media related platforms that are succeeding and making steady progress. The problem is with these crypto start Ups. If there's anybody to blame is them. With the kind of funds they raised in 2017, they could've join the ranks of the big boys by now. I wasn't a fan of steemit from the onset.

deodivine1

copper member

Activity: 657

Merit: 1

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.

Honestly many people hyped steemit because publishing articles on it wayback was profitable, but not right now. Steemit now has too many ads, well I think it's a means to generate funds to support the project. However, I'm yet to see a very successful social network crypto project with mainstream acceptance.

passwordnow

hero member

Activity: 3066

Merit: 577

Leading Crypto Sports Betting & Casino Platform

I could if there's an actual reward for it. Unlike Facebook, they don't share their revenue with their users. But if a crypto-blockchain based social media has come and they're rewarding their users on a daily basis even with limitations, I think I'll use them. Just look with Brave Browser, the popularity of it spread like wildfire because of its reward system. And not just that, because of its low consumption to our RAMs as an alternative to chrome, people used it.

Nihyfehmih

newbie

Activity: 37

Merit: 0

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.

The fact that you can get paid on a crypto powered social network for posting beautiful things like write ups is a major reason why many people will love to use Steemit for instance over other social media. But that is not to say all the other social media so not have their own advantages. They definitely do. What informs an individual's choice of social media network is what is needed to be achieved by that individual

TheGreatPython

sr. member

Activity: 2618

Merit: 335

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.

Yes, we have many social media platform built on blockchain technology trying to come out on a daily basis, and this is the same reason why Facebook too is trying to join the raise as usual so that they can be ahead of all these social media platform, and talking of migrating from Facebook is not important because they will eventually do the same as these other ones too and don’t also forget that Facebook owns Instagram and will all join in the blockchain too.

One of the reasons why I would buy into the idea of some of these platforms you mentioned is the financial benefit of it to me, because most of those social media platform rewards you for using their platform unlike the ordinary platform like Facebook for now that only benefit us.

ned.ryerson

full member

Activity: 756

Merit: 101

Oikos.cash | Decentralized Finance on Tron

Quote from: DonFacundo on November 05, 2019, 11:52:23 AM

I don't know if I really switch in crypto social network, but there are many of them and still new, don't know how many people involve with it. I better to stick facebook and twitter there are many crypto enthusiast than in crypto social networks.

crypto social networks will not be popular until the cryptocurrency market itself has a large number of users. there are very few people in the industry now

DonFacundo

full member

Activity: 1344

Merit: 102

I don't know if I really switch in crypto social network, but there are many of them and still new, don't know how many people involve with it. I better to stick facebook and twitter there are many crypto enthusiast than in crypto social networks.

airdnasxela

sr. member

Activity: 728

Merit: 254

Instead of switching from a certain social media platform to another, why not just use both? I mean crypto-powered social media is great too but others like Facebook and twitter are the popular one. Why are we in social media? To interact and socialize with people, and since they're a big socmed platform, it's easier to interact and update there since a lot of people are already using it. Even our personal friends. It's easier to approach everyone.
And as for crypto platforms, they still need more recognition that's why we're here to also promote it to others.

masterrex

full member

Activity: 1820

Merit: 107

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.

Crypto base social media platforms are needed plenty of time before they can catch up the social media giants like facebook or twitter, BTW comparing Steemit to facebook and twitter is just a miles away, most of the crypto base social media apps are buggy and the graphics are poor that's why it needs to improve more to be able to capture the market share. I'm not against of the proliferation of Blockchain base social media all i care is they need to improve so they can compete with the giants by using decentralized weapons of privacy.

alyssa85

legendary

Activity: 1652

Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

Quote from: shoreno on November 05, 2019, 03:29:04 AM

i think steemit is different from other social media based crypto projects because steemit to me is like an article or blog making website where you need to write an eye catchy article to get notice and get paid . this is why i dont like steemit as its hard to earn on it if your goal is to earn an income but you dont have a real talent on writing original articles . i rather prefer those facebook a like platform but you can get paid on crypto just by posting a simple status and media uploads as they are more easier to do and also enjoyable .

Yes - steemit is more like Medium than like Facebook or Twitter.

There was talk a while ago of making tipping bots so people could tip on twitter or facebook, but it all died because users don't like to tip even a few pennies.

o48o

legendary

Activity: 2982

Merit: 1149

Leading Crypto Sports Betting & Casino Platform

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.

Only reason i went to Facebook was that all of my friends were in there already. I found out that it was easier way to stay in touch then the phone. Then they switched to Instagram, but that's not really switching because it's owned by the same company. That being said, i don't think that any of my friends would switch to any obscure network, they would have done it already because there has been competition.

I would love to support and have supported the new crypto-based platforms, but i see absolutely no reason to hang around there. They are not yet wide enough communities to talk anything that really interest me except crypto. And crypto is literally the only thing i talk about in there.

imutlinda

sr. member

Activity: 926

Merit: 256

Quote from: alexsandria on November 05, 2019, 03:24:10 AM

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.

Though I love bitcoin I still don't have a solid reason for me to switch into social media powered by crypto. I am used to using Facebook I have my stuff connected to that as well my connection to my friends and my relatives which on the other hand social media powered by crypto can as well offer but my connection to my friends specially my relatives wouldn't exist no more because first thing first is that they are not familiar.

Facebook and Twitter might be a social media that is quite widely used in my opinion. especially on Facebook, there are lots of communities in there to find information. but for the best crypto social media I still believe in steemite

shoreno

full member

Activity: 1750

Merit: 118

i think steemit is different from other social media based crypto projects because steemit to me is like an article or blog making website where you need to write an eye catchy article to get notice and get paid . this is why i dont like steemit as its hard to earn on it if your goal is to earn an income but you dont have a real talent on writing original articles . i rather prefer those facebook a like platform but you can get paid on crypto just by posting a simple status and media uploads as they are more easier to do and also enjoyable .

alexsandria

sr. member

Activity: 896

Merit: 268

★777Coin.com★ Fun BTC Casino!

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.

Though I love bitcoin I still don't have a solid reason for me to switch into social media powered by crypto. I am used to using Facebook I have my stuff connected to that as well my connection to my friends and my relatives which on the other hand social media powered by crypto can as well offer but my connection to my friends specially my relatives wouldn't exist no more because first thing first is that they are not familiar.

malikusama

copper member

Activity: 1050

Merit: 294

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 good with Facebook and twitter for social media activities and i don't have any plan to switch to any crypto-powered social platforms unless they provide some thing different.
The thing which existing social media platforms (facebook,twitter etc) lack is privacy/security. Many accounts are hacked on daily basis through different approach.
If I find any platform with better privacy and security I would love to switch no matter if it would be crypto-powered or not.

Topic: Is crypto-powered social network a trend? - page 3. (Read 649 times)