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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Abiky on August 15, 2019, 09:34:13 PM



Title: Is Blockchain-based social media worth it?
Post by: Abiky on August 15, 2019, 09:34:13 PM
After Blockchain's success within the mainstream world, we've seen various implementations of it into areas of finance, notarization of documents, proof of identity, and more. Yet, one of the most exciting implementations of the Blockchain has been social media, in my opinion. The first-ever social media platform was Steem, but other alternatives started to gain traction after it. We now have AKASHA (ETH Blockchain), HyperSpace (AMP cryptocurrency), and even Voice (EOS Blockchain).

With so many Blockchain implementations of a social network, it's becoming evident that this is the industry of the future. Of course, none of the mentioned platforms have been able to overcome Facebook or even Twitter. But the potential is there, to help change our world for the better. Still though, the number of users within these platforms are not comparable to the likes of Facebook.

Which makes me wonder, if Blockchain-based social media platforms are actually worth it? Do you think there's a future for them? Or are they just a niche? ???


Title: Re: Is Blockchain-based social media worth it?
Post by: bkbirge on August 15, 2019, 09:37:55 PM
My flippant response is no, no social media is worth it. But on second thought blockchain based social media would be a good move, if and only if the blockchain was immutable. A good thing for centralized governments to use to track people with and a good thing for doxing trolls. Yeah, I'm still not seeing the benefit.


Title: Re: Is Blockchain-based social media worth it?
Post by: bartolo on August 16, 2019, 10:47:21 AM
It's hard to know, the main difference between these new platforms and the mainstream ones is that they offer their users the chance of earning crypto by using them, at least in the case of Steem and HyperSpace, and this is what their users are looking for. They are not so interested in the platforms features or advantages, but in earning crypto with them. However, the earnings that one user can get with those platforms are currently too low, so the number of users doesn't grow significantly. My impression is that the future of these platforms will depend totally on the future of cryptocurrencies, if they become mainstream these platforms will have a chance, if not, they will stand as they are now.


Title: Re: Is Blockchain-based social media worth it?
Post by: aprilnot on August 16, 2019, 12:13:10 PM
actually feasible and this is much safer. but unfortunately everyone is comfortable with the mainstream technology that exists today such as Facebook, Twitter or Instagram. so it's hard for blockchain-based social media to develop. especially crypto is still a taboo in some countries. so the blockchain social media platform is difficult to get active users.


Title: Re: Is Blockchain-based social media worth it?
Post by: Little_king on August 16, 2019, 12:32:33 PM
Yes , the social media blockchain like foresting, steem are Mich worth and giving reward to every content and post with most high merit which signifying the best one out of all and are used to connect different people around the world with a best of encourage.


Title: Re: Is Blockchain-based social media worth it?
Post by: Nivia1st on August 16, 2019, 12:38:56 PM
for steem I think it's still feasible, but for others I find it hard to accept. even the reason why steem is worth it is only because users can get free coins every time they post. If the platform doesn't have this mechanism, I think Steem will also have a hard time finding users. anyway for what blockchain-based social media, if what is currently good. isn't that a futile development?


Title: Re: Is Blockchain-based social media worth it?
Post by: Bestmanbuka on August 16, 2019, 12:40:04 PM
I think Ethereum has much greater potential than Bitcoin in terms of sheer utility and market capitalization. ETH Blockchain to me has overrun that of Bitcoin.
think ETH is here to stay. BTC will be around as well but it will likely face a schism in the coming year or so due to mounting scalability issues and ever growing philosophical divides in its community. ETH is more reliable.


Title: Re: Is Blockchain-based social media worth it?
Post by: naveenbandara999 on August 16, 2019, 12:41:33 PM
my response is no


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on August 16, 2019, 05:48:01 PM
My flippant response is no, no social media is worth it. But on second thought blockchain based social media would be a good move, if and only if the blockchain was immutable. A good thing for centralized governments to use to track people with and a good thing for doxing trolls. Yeah, I'm still not seeing the benefit.

Well, the idea is still there in order to take the social media industry by storm. So far, neither platform based on the Blockchain has been able to overcome traditional services within the mainstream world because of they lack the adoption necessary to keep moving forward. Not to mention, some Blockchain-based social media platforms are relatively centralized (like Steem and Voice). If these Facebook contenders want to become a serious rival, they would need to improve their model/design in every way. By implementing a truly decentralized, yet efficient platform for social media content, they can present themselves as a better alternative than Facebook or even Twitter.

Right now, Voice will require users to verify their identities (KYC), while the Steem Blockchain is controlled in the hands of a few. If they stay this way, then they'll become worthless over time. Only a truly decentralized social media platform, with high performance and user-friendly features will be able to transform the social media industry for the better. Until that happens, the idea of a Blockchain-based social media platform will be just a dream.

Nonetheless, I believe that Blockchain-based social media has the potential of becoming something big in the future if people allow that to happen. The tech is still relatively new, so we'll have to wait a couple of years from now to see what happens with this space. Comparing various Blockchain-based social media platforms, I'd say that AKASHA is the most decentralized to date. Just my thoughts ;D


Title: Re: Is Blockchain-based social media worth it?
Post by: Iykecollinz on August 16, 2019, 06:17:34 PM
I have seen a lot of blockchain based social media projects and platforms, reddit and Steemit appears to the most popular among them, there are several others that had come with such high hopes of providing something spectacular and different from what we have seen but haven't delivered yet


Title: Re: Is Blockchain-based social media worth it?
Post by: mindrust on August 16, 2019, 06:21:00 PM
Blockchain based means once its on the chain, nobody can remove it which is a bad idea. Once 4chan freaks decide to abuse that platform there won't be going back. It will never work.

Forums, social media... these stuff needs to be centralized.

Centralization is not always a bad thing.


Title: Re: Is Blockchain-based social media worth it?
Post by: rosezionjohn on August 16, 2019, 06:39:02 PM
This reminds me of a project called Investfeed. It is like twitter but most posts I saw there were crypto related. They also have a tipping feature. They created some buzz in 2017 but I haven't heard of them for a while now.

I think it is worth it. There will come a time where users will no longer be satisfied with their content being used by social media platforms for free. They'll want to be monetized.


Title: Re: Is Blockchain-based social media worth it?
Post by: RealMalatesta on August 16, 2019, 07:41:08 PM
I think its a bit boring because social media requires a bit of people you know and talk and in crypto its mostly about crypto related stuff so its getting limited by two. In places like lets say instagram people share photos and strangers can see it but they have friends that see it, like it and comment on it, plus it can be picture of a cat or picture on vacation or a motivational quote, doesn't really have a limit.

In places like steem or whatever its usually you writing stuff about crypto that gets attention from strangers and that is it. If it can move beyond that limitation than it can have a bit more attention. For example a place like instagram and twitter combined (where you can share pictures and write short stuff) that can be gifted a crypto currency can get widespread attention if marketed well because that is literally what instagram influencers are doing, using social media to make money.


Title: Re: Is Blockchain-based social media worth it?
Post by: cryptonewbie on August 16, 2019, 09:23:25 PM
Any social media platform that wants to come up now needs to bring in fresh ideas that other existing platforms do not already have. That is the only way they can make any meaningful impact in the social media space. Just bringing in the concept of blockchain-based decentralization,  incentives and other mumbo jumbo in the whitepapers won't make any impact on the big competitors out there.


Title: Re: Is Blockchain-based social media worth it?
Post by: akeegan on August 16, 2019, 09:41:12 PM
I agree with people here that social media based on blockchain would be good especially to help put out premier content. I think people forget that the crypto space wouldn't have been successful wihtout social media for the most part


Title: Re: Is Blockchain-based social media worth it?
Post by: Waukeenio on August 17, 2019, 01:50:20 AM
Answer the blockchain from this topic, narrow latitude:
The problem solved by blockchain technology is the way data is stored, which is to increase efficiency while sacrificing efficiency.
Spears and shields cannot be owned at the same time.
Therefore, in terms of the needs of social media, solving the effective delivery of information is a top priority, but in some areas involving data security, blockchain technology may be used to solve it.


Title: Re: Is Blockchain-based social media worth it?
Post by: michellee on August 17, 2019, 03:56:41 AM
I don't know the truth, but it depends on the function of the blockchain-based on social media itself. So far, blockchain has been used for recording the transaction, and maybe blockchain can record the database of the user in the social media. But that is out of my expectation because I don't know much about blockchain itself. But I think we don't need a blockchain-based on social media because we want to communicate with other people and talk to them or we want to meet new people from all countries. So maybe that blockchain can be applied when the user wants to make a transaction with the website or with the members.


Title: Re: Is Blockchain-based social media worth it?
Post by: pishite on August 17, 2019, 04:39:18 AM
After Blockchain's success within the mainstream world, we've seen various implementations of it into areas of finance, notarization of documents, proof of identity, and more. Yet, one of the most exciting implementations of the Blockchain has been social media, in my opinion. The first-ever social media platform was Steem, but other alternatives started to gain traction after it. We now have AKASHA (ETH Blockchain), HyperSpace (AMP cryptocurrency), and even Voice (EOS Blockchain).

With so many Blockchain implementations of a social network, it's becoming evident that this is the industry of the future. Of course, none of the mentioned platforms have been able to overcome Facebook or even Twitter. But the potential is there, to help change our world for the better. Still though, the number of users within these platforms are not comparable to the likes of Facebook.

Which makes me wonder, if Blockchain-based social media platforms are actually worth it? Do you think there's a future for them? Or are they just a niche? ???

The blockchain is convenient for storing data on transfers, voting and storing various kinds of documents.

But it cannot be used for social networks since your information will remain in it forever and it will not be possible to change it.

If you want to get anonymity in the future, it will be impossible, since your data is already in the blockchain.


Title: Re: Is Blockchain-based social media worth it?
Post by: CLywaTeLb on August 17, 2019, 05:05:14 AM
I also do not see the benefits of such social networks. Any user will choose the social network with the most users and the most activity. Remove monetization from social networks on the blockchain, then who will stay there?

Although decentralization looks attractive in this case, blockchain is not necessary for this. Especially considering that all data is saved and cannot be deleted.


Title: Re: Is Blockchain-based social media worth it?
Post by: bitcoinposts on August 17, 2019, 06:31:30 AM
social media is fast growing and fast developing project so blockchain integrated may work in highly developed project with new innovation and futuristic development


Title: Re: Is Blockchain-based social media worth it?
Post by: Turkish88 on August 17, 2019, 06:34:52 AM
Last year i see how many social media platform failed to start good project.
I dont know technical reasons but i see how projects die with dumping price on exchanges.
Maybe our blockchains even young and slow for this type usabilities.


Title: Re: Is Blockchain-based social media worth it?
Post by: betty11 on August 17, 2019, 07:17:27 AM
Blockchain based social platforms are still new and getting people attention. Facebook has been around for a while. When people get to know they will be rewarded for just commenting or posting on social media, they will switch allegiance to money based platform. It's yet to gain a big popularity. 


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on August 22, 2019, 05:17:23 PM
Blockchain based means once its on the chain, nobody can remove it which is a bad idea. Once 4chan freaks decide to abuse that platform there won't be going back. It will never work.

Forums, social media... these stuff needs to be centralized.

Centralization is not always a bad thing.

Agree. Some things are not designed to be truly decentralized after all. A good example of this is the Internet. We cannot decentralized the web, by storing all the world's data in a Blockchain ledger. The decentralized nature of Blockchain, makes it impossible to scale towards millions of users worldwide. Either you scale indefinitely while sacrificing decentralization, or all the other way around it. The Internet needs massive scalability in order to function as intended. Which is why, the idea of implementing a social network within a Blockchain seems to be like a bad one in my opinion.

The immutability of the Blockchain ledger, will prevent transactions from being reverted at will. Imagine if someone posts something illegal or offensive, without the ability to erase it from existence. This will turn into a disaster for the underlying Blockchain ledger, turning into its demise within the long term. The attempts of Steem and Voice to revolutionize social media, might turn to become a failure in the future. It's yet to be proven whenever Blockchain could fulfill many of the tasks performed in daily life. As far as I know, there are some areas which Blockchain works flawlessly (like Finance and Smart Contracts), while in others, it's terrible (like social media, and even, Bitcoin SV's metanet).

Nonetheless, Blockchain-based social media such as Steem, AKASHA, and Voice have some interesting proposals to take the world by storm. However, it's unlikely they'll reach the same level of adoption as traditional services (like Facebook and Twitter) because they're more of the same. Innovation is key, in order to attract users into Blockchain-based social media platforms. Just my thoughts ;D


Title: Re: Is Blockchain-based social media worth it?
Post by: bkbirge on August 22, 2019, 05:22:49 PM
I envision several hundred years from now archaeologists and historians mining blockchain data to understand our times.


Title: Re: Is Blockchain-based social media worth it?
Post by: takngantuk on August 22, 2019, 05:51:44 PM
Last year i see how many social media platform failed to start good project.
I dont know technical reasons but i see how projects die with dumping price on exchanges.
Maybe our blockchains even young and slow for this type usabilities.

it's still worth using, but can't compete with social media that is already popular. although blockchain-based social media is safer, people still don't really understand how it works. so for now I don't think it will be popular but in the future maybe social media like Facebook or Twitter will be inspired by the blockchain.


Title: Re: Is Blockchain-based social media worth it?
Post by: ivaf on August 23, 2019, 12:23:45 PM
I don't think blockchain-based social networks have a future. Those networks that are now - it's just an interesting experience using the blockchain. But still, for social networks, this solution is not very suitable.


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on August 28, 2019, 02:13:05 AM
it's still worth using, but can't compete with social media that is already popular. although blockchain-based social media is safer, people still don't really understand how it works. so for now I don't think it will be popular but in the future maybe social media like Facebook or Twitter will be inspired by the blockchain.

Exactly. Traditional social media platforms are too big to fail, and very unlikely to be replaced by a competitor which makes use of an innovative technology such as Blockchain. That's because they're easy to use, convenient, and highly trustworthy among people in the mainstream world. For Blockchain-based social media to succeed, it would need to overcome its current limitations (lack of scalability and privacy) and be easy to use among anyone worldwide. The idea of Steem and Voice is great, as they'll use Blockchain tech as a backbone for security and immutability of data/content. But lacking true censorship-resistance (decentralization) and user-friendliness, will make them unattractive to everyday people.

Which is why, I believe that Blockchain-based social media will be seen more as an alternative to traditional social network platforms rather than a replacement. There's a lot of work to be done, especially within the marketing/promotion side. If we were to compare among various Blockchain-based social media platforms, then Steem would be the best one available right now. It's the one with the most number of users (despite being behind Facebook and Twitter) with potential to outpace its competitors if it improves every step of the way. As for the rest, I don't see any future for them (except for Voice) since they have a low number of people using them. All in all, we'll continue to use traditional social network platforms while leveraging the benefits of Blockchain-based ones. Just my opinion :)


Title: Re: Is Blockchain-based social media worth it?
Post by: setialovers on August 28, 2019, 07:23:57 AM
After Blockchain's success within the mainstream world, we've seen various implementations of it into areas of finance, notarization of documents, proof of identity, and more. Yet, one of the most exciting implementations of the Blockchain has been social media, in my opinion. The first-ever social media platform was Steem, but other alternatives started to gain traction after it. We now have AKASHA (ETH Blockchain), HyperSpace (AMP cryptocurrency), and even Voice (EOS Blockchain).

With so many Blockchain implementations of a social network, it's becoming evident that this is the industry of the future. Of course, none of the mentioned platforms have been able to overcome Facebook or even Twitter. But the potential is there, to help change our world for the better. Still though, the number of users within these platforms are not comparable to the likes of Facebook.

Which makes me wonder, if Blockchain-based social media platforms are actually worth it? Do you think there's a future for them? Or are they just a niche? ???

I think social media platforms utilize the size of users to develop their own cryptocurrency. For example, Facebook members are more than 2 billion and if 10% use or hold a Libra Coin worth $ 10, the money collected is more than $ 2 billion. This is a great potential for social media developers to seek profits from the burgeoning cryptocurrency market


Title: Re: Is Blockchain-based social media worth it?
Post by: SquallLeonhart on August 29, 2019, 05:41:05 PM
I think social media platforms utilize the size of users to develop their own cryptocurrency. For example, Facebook members are more than 2 billion and if 10% use or hold a Libra Coin worth $ 10, the money collected is more than $ 2 billion. This is a great potential for social media developers to seek profits from the burgeoning cryptocurrency market
In other words, you are saying that the blockchain technology is more important to those social media in the aspect of financing and not the technology itself, because to me , if I am going to get involved in any social media that is using blockchain technology, I will first need to see the usefulness of the technology to me first.

There are numerous things that blockchain is meant to assist a social media for, at least in the area of decentralization and transparency, and I think the main reason why Facebook is trying to implement the blockchain is because of its decentralization, although it would exclude the anonymous part of it, and maybe it could help them to be quite transparent about their operations that is making government keep an eye on them.


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on September 05, 2019, 06:06:23 PM
I think the most suitable use of blockchain can be really useful in financial aspect since its about transaction in a decentralized approach but since social media gaining so much attention in the modern world I think blockchain based projects that into social can be useful as long as they have new idea how to utilize blockchain into it. Im thinking Libra can be useful for facebook since its a huge network and lots of merchants and ads marketer that can benefit on blockchain as well.

Maybe. I guess we'll have to see how everything unfolds with Blockchain-based solutions in the long term as people are still accustomed to traditional services like Facebook and Twitter. Of course, Blockchain has been very useful for finance, but it can be expanded to areas far beyond reach. It's no secret that centralization has dominated the social media space for years. Many people trust big companies like Facebook and Twitter because they've been on the industry for quite some time. Decentralized alternatives like Steem and Voice are fairly new to the mainstream world. The would need to prove themselves better than traditional social media platforms by delivering true censorship-resistance, and most of all, ease of use. So far, neither Blockchain-based social media platform has such characteristics. Which is why, I believe that Facebook and Twitter will be in the lead of the social media industry for a very long time.

The idea of a Blockchain-based social media platform is good, but without ease of use or true censorship-resistance (Steem is centralized, as well as, Voice with its KYC requirements), it becomes more of the same. When we compare various platforms such as Steem, Voice, AKASHA, and Memo.cash, we notice they they're different from one another in the way they operate. Among those platforms, it seems to me that Steem is the easiest one to use yet limited by massive adoption within the mainstream world. Its model is similar to a blogging platform where people make their own articles/posts. Those that are already familiar with Blogger or WordPress will find it easy to use Steem as well.

Nonetheless, time will tell us whenever Blockchain-based social media will prove to be a success or all the other way around it. Current Blockchain-based social media platforms have a long way to go in order to compete with existent services like Facebook and Twitter. Just my thoughts ;D


Title: Re: Is Blockchain-based social media worth it?
Post by: r32godzilla on September 05, 2019, 06:28:04 PM
All of them are pretty new, in beta phase so we cannot judge whether they make sense or not.
But it is time to make a change in this industry, user datas need to be more protected. Profits from ads could be distributed equally to all users.


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on September 12, 2019, 09:02:20 PM
All of them are pretty new, in beta phase so we cannot judge whether they make sense or not.
But it is time to make a change in this industry, user datas need to be more protected. Profits from ads could be distributed equally to all users.

I believe that Blockchain-based social media still has a long way to go, as they lack a user-friendly experience unlike traditional services like Facebook and Twitter. Of course, Blockchain-based social media like Steem and Voice are much better than traditional services because they allow people to control their own data. But I believe that they're focused more on their technicalities instead of marketing/promotion and a user-friendly experience that will drive them towards massive adoption within the mainstream world. That's why neither of the Blockchain-based social media platforms have been able to overcome existent centralized services like Facebook and Twitter. These services have a huge user base, which are quite difficult to take down anytime soon.

Which is why, the term "Blockchain-based social media" may be more of a niche than anything else. In the end, centralized social network platforms will continue to exist while Blockchain-based alternatives will only consist of a small portion of people within the mainstream world. Just my opinion :)


Title: Re: Is Blockchain-based social media worth it?
Post by: Shallow on September 12, 2019, 09:28:11 PM
I think there is a future in blockchain-based social media platforms, although Steem has taken the lead it still needs more improvements so as to stand a better chance to challenge platforms like medium. The competitive advantage Steem has is, it is based on blockchain and rewards its users which no centralized systems has done so far. Nevertheless, there have been many social media platforms which had good concept at first then later on missed it entirely and are no where to be found, a good example is Enlte. So I think if really developers will stick to their main idea, there will be more and better blockchain-based social media platforms.


Title: Re: Is Blockchain-based social media worth it?
Post by: retnoanjani on September 12, 2019, 10:28:37 PM
We know that blockchain can provide increased performance, if it is associated with social media it will provide a pretty good appeal. Moreover, social media lately is quite a big impact on human life to show its existence. If the blockchain-based platform is also possible to earn money or cryptocurrency it will definitely make it more attractive.


Title: Re: Is Blockchain-based social media worth it?
Post by: Genkotsu on September 12, 2019, 10:31:13 PM
all of website you mention above, i don't one of them are social media platform, but i'm prefer to tell all of them blogging and content writer platform like Medium, because we are familiar and most users use it as a blogging platform not as social media.

CMIIW


Title: Re: Is Blockchain-based social media worth it?
Post by: chanc3r on September 12, 2019, 10:54:08 PM
Not really worth it I'd say there are already some popular media out there and creating one is not a really good idea if it can't compete with them. Most of the users that join in a blockchain based media are there for the rewards anyway they are not going to stay there forever once the rewards has gone most of the users will be gone aswell. It's like a paid member and that's not good.


Title: Re: Is Blockchain-based social media worth it?
Post by: Genkotsu on September 14, 2019, 09:28:04 PM
Not really worth it I'd say there are already some popular media out there and creating one is not a really good idea if it can't compete with them. Most of the users that join in a blockchain based media are there for the rewards anyway they are not going to stay there forever once the rewards has gone most of the users will be gone aswell. It's like a paid member and that's not good.
yeah like the developer paid member for stay in the platform.
this is a normal, because people need feedback for their activity for now, not just like poepular platform like facebook where people did't get any feedback for this platform.


Title: Re: Is Blockchain-based social media worth it?
Post by: rdewilde on September 14, 2019, 10:05:34 PM
One of the reasons why blockchain based social media platforms are yet to overtake current existing like Facebook etc is that most blockchain developers only care of profits and nothing else, which is why once they come up with the idea and manage to launch a platform they will relent. Only Steemit till date is the only platform still growing although there are challenges but it is trying its best to remain relevant; that's the type of spirit we want. There was one which challenged Facebook but funny enough it couldn't continue, wonder what happened. So in all sincerity, we need more blockchain based social media platforms like Steemit which can challenge status quo because in the future blockchain will be highly appreciated.


Title: Re: Is Blockchain-based social media worth it?
Post by: cudora on September 15, 2019, 04:58:24 PM
There are already some projects trying to get into this, I believe it is called UHIVE, a social media based on blockchain and is already operating. If it is going to be successful as Facebook or not, only time will show this.


Title: Re: Is Blockchain-based social media worth it?
Post by: bigcash2011 on September 15, 2019, 05:54:10 PM
Yeah absolutely and i think that if the top social media today like fb, insta etc do not upgrade their platforms to blockchain they have a serious threat to be replaced by blockchain based platform so basically blockchain is the upgraded version of web technology and every forward looking project has to adopt it sooner or later to stay in the business.


Title: Re: Is Blockchain-based social media worth it?
Post by: ven7net on September 15, 2019, 06:43:04 PM
It is worth noting that the same Facebook did not immediately receive recognition and became one of the largest social networks, it took years. As for the social networks on the blockchain, their appearance certainly attracted the attention of a part of the community, but not as large as there are not many people in the crypto sphere. However, it turns out that every year new people come to the crypto industry and the crypto community grows, which means that sooner or later social networks on blockchain will get more users and will probably become leaders in this direction.


Title: Re: Is Blockchain-based social media worth it?
Post by: forexandcryptoauditor on September 15, 2019, 06:56:35 PM
Truly speaking, for me as a simple social media platform user, there is no difference if its blockchain driven or not. Blockchain is all about secure, faster transactions and transparency. When it comes to advertisement or marketing part with these social medias, then there could be some influence of blockchain technology into it.
However, I see a great advantage to platform owner than its user if its based on blockchain technology.


Title: Re: Is Blockchain-based social media worth it?
Post by: landoffaucets on September 15, 2019, 07:00:04 PM
I think that only Voice could make an impact in the world. But there are so many social media platforms with billions of active users, I am pretty negative that some of them will change their favorite platforms and switch to new ones.


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on September 18, 2019, 04:40:50 PM
I think there is a future in blockchain-based social media platforms, although Steem has taken the lead it still needs more improvements so as to stand a better chance to challenge platforms like medium. The competitive advantage Steem has is, it is based on blockchain and rewards its users which no centralized systems has done so far. Nevertheless, there have been many social media platforms which had good concept at first then later on missed it entirely and are no where to be found, a good example is Enlte. So I think if really developers will stick to their main idea, there will be more and better blockchain-based social media platforms.

Agree. Steem still has a competitive advantage over other Blockchain-based alternatives. All it needs is a better user experience, and marketing/promotion in order to take the world of social media by storm. It's important to keep in mind, that Facebook and Twitter are big players in the industry with a lot of people using them. If Steem or any other Blockchain-based alternative wants to take down these giants, they need to become aggressive in terms of marketing/promotion. With an ample adoption within the mainstream world, Blockchain-based social media platforms could become largely successful.

The reward model of Steem and most other Blockchain-based social media platforms could become quite attractive for people within the mainstream world. After all, this is not present within traditional services like Facebook and Twitter. Getting rewarded for delivering good content, will encourage users to focus on quality instead of quantity. With no intrusive ads willing to steal our most valuable information, Blockchain alternatives could be the way of the future. However, everything will depend on how many people support them on top of traditional services like the ones mentioned earlier. In due time, Blockchain-based alternatives may be able to improve every step of the way until they gather a large number of users capable of competing against established players. Just my thoughts ;D


Title: Re: Is Blockchain-based social media worth it?
Post by: 10BTCaDay on September 18, 2019, 04:47:36 PM
Truly speaking, for me as a simple social media platform user, there is no difference if its blockchain driven or not. Blockchain is all about secure, faster transactions and transparency. When it comes to advertisement or marketing part with these social medias, then there could be some influence of blockchain technology into it.
However, I see a great advantage to platform owner than its user if its based on blockchain technology.
you must understand that if social networks are created on the blockchain, you will see what is happening with your data and at least you will understand how the system of the social network itself is structured


Title: Re: Is Blockchain-based social media worth it?
Post by: kidbounty on September 18, 2019, 06:23:39 PM
it's very feasible because with blockchain we can be anonymous on social media and our personal data is also safe. but unfortunately, there are already too many people who are comfortable with mainstream platforms, so it is difficult to get people to switch to using blockchain-based social media.

this is the problem now, there are many who want their personal data safe. but they don't want to use another platform.


Title: Re: Is Blockchain-based social media worth it?
Post by: bustedsynx on September 18, 2019, 06:36:02 PM
It is a niche for now. Remember most people in the Internet are used to easy usage of web services, not all people can navigate Github, lol. When the perfect blockchain-based social media comes along, it will be better than Facebook - faster, not much ads, user-friendly, without users knowing it's blockchain-based.


Title: Re: Is Blockchain-based social media worth it?
Post by: leftgirly on September 18, 2019, 07:04:54 PM
Blockchain technology and social media is certainly the next big thing in the very near future. People spend most of their free time on social media interacting with family and  friends without earning a penny. Time is changing and blockchain based social media platforms such as steemit  started the revolution to  reward users who are very active.


Title: Re: Is Blockchain-based social media worth it?
Post by: yulchatar on September 18, 2019, 07:36:50 PM
For all these blockchain-based social networks, it will be a difficult task to get such popularity among users that Facebook and Twitter have now. Since many people don't want to change their habits and preferences. One of the reasons to chang this may be payment for their labor. And maybe I agree, that Steem is the most sought after.


Title: Re: Is Blockchain-based social media worth it?
Post by: Bonwin on September 18, 2019, 07:52:02 PM
A lot of block chain based sites, which are used a platforms for communication are now coming up, but some of them do not have their indigenous tokens or coins, rather they make use of those from other blockchains. Also, it us not as if they really have their own blockchain, most still make use of ethereum block chain.


Title: Re: Is Blockchain-based social media worth it?
Post by: cryptonewbie on September 18, 2019, 08:27:23 PM
I don't think it is a question of whether it will be worth it or not. The real question is what unique value will another social media platform add that the ones (non-blockchain) on-ground at the moment lack? If you will bring up a project on blockchain then it has to be unique or at least have some interesting elements that other existing platforms lack


Title: Re: Is Blockchain-based social media worth it?
Post by: SolarWindMiningCompany on September 18, 2019, 09:29:14 PM
After Blockchain's success within the mainstream world, we've seen various implementations of it into areas of finance, notarization of documents, proof of identity, and more. Yet, one of the most exciting implementations of the Blockchain has been social media, in my opinion. The first-ever social media platform was Steem, but other alternatives started to gain traction after it. We now have AKASHA (ETH Blockchain), HyperSpace (AMP cryptocurrency), and even Voice (EOS Blockchain).

With so many Blockchain implementations of a social network, it's becoming evident that this is the industry of the future. Of course, none of the mentioned platforms have been able to overcome Facebook or even Twitter. But the potential is there, to help change our world for the better. Still though, the number of users within these platforms are not comparable to the likes of Facebook.

Which makes me wonder, if Blockchain-based social media platforms are actually worth it? Do you think there's a future for them? Or are they just a niche? ???

I think the social media niche equally needs a blockchain touch. There are conspicuous problems in social media that can be solved using blockchain. For example security of users data and then advertising right theft which can be solved using the zero knowledge technology. However, implementation is a problem and I hope that one or more of these blockchain social media platforms like Howdoo, Contentos, VID etc can solve it


Title: Re: Is Blockchain-based social media worth it?
Post by: dataispower on September 18, 2019, 09:55:09 PM
For now no blockchain based social media platform has gone mainstream, none can compete with the social media platforms everyone use on daily basis. I thought VOICE will make a difference, but right now I doubt if that's possible anymore. I think we need developers who will come up with something new and rewarding to outperform the mighty social media like facebook, twitter, Instagram etc. I do believe since blockchain is cutting across all sectors, that won't be an exception in the long run.


Title: Re: Is Blockchain-based social media worth it?
Post by: tranduong123 on September 19, 2019, 03:30:33 AM
Blockchain-based social networks are still young and I believe they will grow in the future. I don't think they can be facebook or twitter because these platforms are so popular now, moreover Facebook and twiter can also apply blockchain in their platform, and facebook is currently deploying Libra.


Title: Re: Is Blockchain-based social media worth it?
Post by: wedosgibas on September 19, 2019, 03:46:18 AM
Social media will be used by many people because there are functions and features that are easy, and of course already active with relevant topics. CBNT is the same project, now their fate is unknown, there is no latest news.


Title: Re: Is Blockchain-based social media worth it?
Post by: romero121 on September 19, 2019, 04:01:49 AM
Blockchain technology is getting adopted on all forms, social media is not an exception. Already we've got few platforms serving in this, importantly steem leads the market with its tremendous quality of work and detailing. Apart from this there is social networking based payment and transaction support from status.io, which has an easy usage interface. Maybe over the days we can expect more and more similar platforms getting into existence.

Maybe Facebook too could get into the blockchain technology as they've come up with their own libra coin which is a step forward towards the technology adoption focusing the future generations who are completely dependent on technology.


Title: Re: Is Blockchain-based social media worth it?
Post by: btcholder on September 19, 2019, 04:02:23 PM
<snip>

Blockchain technology is really awesome. They already gain their success. But it's too difficult to survive for blockchain based social media right now. I don't know about future but if there is some chance for that it need long time though. People like mainstream social media like facebook or twitter. But i won't be surprise if blockchain based social media replace mainstream social media.


Title: Re: Is Blockchain-based social media worth it?
Post by: CuriousGeorge on September 19, 2019, 04:35:01 PM
<snip>

Blockchain technology is really awesome. They already gain their success. But it's too difficult to survive for blockchain based social media right now. I don't know about future but if there is some chance for that it need long time though. People like mainstream social media like facebook or twitter. But i won't be surprise if blockchain based social media replace mainstream social media.
Lets be honest here, blockchain based social media is just really unnecessary. Blockchain is good for financial technology and other things aswell except social media.
The sole purpose of using blockchain in social media as I've observed is only to reward the writers and people to interact and there's nothing more. It is the same as paying people just to keep using your platform and they could be gone when the wallet is draining.


Title: Re: Is Blockchain-based social media worth it?
Post by: armarsterling7 on September 19, 2019, 04:45:59 PM
After Blockchain's success within the mainstream world, we've seen various implementations of it into areas of finance, notarization of documents, proof of identity, and more. Yet, one of the most exciting implementations of the Blockchain has been social media, in my opinion. The first-ever social media platform was Steem, but other alternatives started to gain traction after it. We now have AKASHA (ETH Blockchain), HyperSpace (AMP cryptocurrency), and even Voice (EOS Blockchain).

With so many Blockchain implementations of a social network, it's becoming evident that this is the industry of the future. Of course, none of the mentioned platforms have been able to overcome Facebook or even Twitter. But the potential is there, to help change our world for the better. Still though, the number of users within these platforms are not comparable to the likes of Facebook.

Which makes me wonder, if Blockchain-based social media platforms are actually worth it? Do you think there's a future for them? Or are they just a niche? ???
  I think blockchain technology will be used a lot in the future. Because now they are popular around the world, many universities or professors in information technology learn about them. so I feel that applying blockchain technology to social media is really a potential idea




Title: Re: Is Blockchain-based social media worth it?
Post by: Dread Pirate Roberts on September 19, 2019, 05:21:13 PM

With so many Blockchain implementations of a social network, it's becoming evident that this is the industry of the future. Of course, none of the mentioned platforms have been able to overcome Facebook or even Twitter. But the potential is there, to help change our world for the better. Still though, the number of users within these platforms are not comparable to the likes of Facebook.

Which makes me wonder, if Blockchain-based social media platforms are actually worth it? Do you think there's a future for them? Or are they just a niche? ???

Social media to promote crypto its a golden but as main platform to earn or trade crypto its not. because it will change the initial concept of the media itself.
not a source of content anymore. but to be a forum community it's very good. and also it will be the same blockchain platform the thing make difference only they had their own media.


Title: Re: Is Blockchain-based social media worth it?
Post by: NoirSuccubus on September 24, 2019, 02:44:16 PM
Correct me if I’m wrong, but once the world adopts crypto, there will be a real necessity for block chain social networks.


Title: Re: Is Blockchain-based social media worth it?
Post by: bkbirge on September 24, 2019, 03:51:45 PM
Correct me if I’m wrong, but once the world adopts crypto, there will be a real necessity for block chain social networks.

Why? The world can adopt crypto and use it to pay for centralized services.


Title: Re: Is Blockchain-based social media worth it?
Post by: plast555 on September 24, 2019, 04:18:15 PM
I prefer a decentralized platform based on blockchain instead of companies that have central data repositories such as Facebook and Twitter and sell these repositories to people whenever they want.
I fully believe that Blockchain has a 10-year history and can do much better over time. Before that, the spark that starts with Steemit can turn into a flame with Voice. I'm especially looking forward to what EOS will do with Voice.


Title: Re: Is Blockchain-based social media worth it?
Post by: torrantz on September 24, 2019, 05:09:46 PM
I prefer a decentralized platform based on blockchain instead of companies that have central data repositories such as Facebook and Twitter and sell these repositories to people whenever they want.
I fully believe that Blockchain has a 10-year history and can do much better over time. Before that, the spark that starts with Steemit can turn into a flame with Voice. I'm especially looking forward to what EOS will do with Voice.
Well with steemit you will still be required to sign up and fill in some of your datas it's basically the same as using facebook and Twitter if that's the case. I just don't expect the implementation of blockchain to be really effective for blockchain-based social media. I actually prefer an Internet Relay Chat-like social media that looks suitable for decentralized social media platform.


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on September 27, 2019, 12:12:08 AM
Blockchain technology is getting adopted on all forms, social media is not an exception. Already we've got few platforms serving in this, importantly steem leads the market with its tremendous quality of work and detailing. Apart from this there is social networking based payment and transaction support from status.io, which has an easy usage interface. Maybe over the days we can expect more and more similar platforms getting into existence.

Maybe Facebook too could get into the blockchain technology as they've come up with their own libra coin which is a step forward towards the technology adoption focusing the future generations who are completely dependent on technology.

Blockchain-based social media platforms could become a success if people in the mainstream world adopt them. So far, traditional social media platforms like Facebook and Twitter are still in the lead because of their ease-of-use (not to mention that most people trust them these days). In order for Blockchain-based alternatives to gather a lot of people into them, they would need to focus on user-experience, and most of all, marketing/promotion. There's no other way around it. Once that happens, then Steem and other platforms could become highly successful within the mainstream world. However, since Blockchain technology still has its limitations (mostly in the area of scalability), it may take a long time before Blockchain-based social media platforms could become a big hit worldwide.

One thing for sure, is that Facebook has started adopting Blockchain technology by devising a digital currency of its own. If it manages to transition its social network platform into the Blockchain realm, then no other competitor might be able to stand on its way. It's all a matter of which platform comes first into adopting Blockchain technology for their own benefit. With the huge number of users Facebook and Twitter have, their adoption of Blockchain technology might result in the death of alternatives like Steem and Voice. But time will tell us, what will be the fate of Blockchain's integration within social media as we know it. Just my opinion :)


Title: Re: Is Blockchain-based social media worth it?
Post by: htsy585 on September 27, 2019, 10:10:21 PM
They will be worth it in the future as adoption gains momentum. Most blockchain based social media can't be judged as cryptocurrency and blockchain remains in its early stage. The vision and mission is clear and it will only take a bit more time to materialise


Title: Re: Is Blockchain-based social media worth it?
Post by: tanjiran on September 27, 2019, 11:00:42 PM
Of course, it is a unique niche and very potential. Social media is widely used to show existence, modern people like it very much. When combined with cryptocurrency, especially with techniques and strategies that provide many benefits to its users, I think more people will be open to accepting cryptocurrency.


Title: Re: Is Blockchain-based social media worth it?
Post by: negancoin on September 27, 2019, 11:21:04 PM
Libra from facebook would remove any hope for those Blockchain-based social media to replace traditional social media, by this move we already know how giant companies will reach once Blockchain-based projects start to become real competitor for them, they will easily adopt the technology and implement it in this platforms and with all money they have, they can keep people on their website. So for me I don't any of those Blockchain-based social media taking over the market.


Title: Re: Is Blockchain-based social media worth it?
Post by: Ucy on September 28, 2019, 02:09:43 PM
I don't think it is a question of whether it will be worth it or not. The real question is what unique value will another social media platform add that the ones (non-blockchain) on-ground at the moment lack? If you will bring up a project on blockchain then it has to be unique or at least have some interesting elements that other existing platforms lack

The "non-blockchain" ones lack transparency, real anonymity, immutablity, decentralization, real incentives, resistant to censorship etc...
If those are not good value I wonder what they are. Besides, I think the Blockchain social media will do better competing among themselves rather than competing with centralized social media. It won't be easy competing with large established social media.




Title: Re: Is Blockchain-based social media worth it?
Post by: pungopete468 on September 30, 2019, 04:59:13 AM
I am actually a person who strongly supports the development of blockchain technology because it does provide benefits for many people because transparency and speed do not cost as much as is happening today in many existing systems that can be trimmed by the blockchain.


Title: Re: Is Blockchain-based social media worth it?
Post by: voltesbit777 on September 30, 2019, 07:10:06 AM
I often see Social media being used to promote Blockchain technology that is one of Facebook's, but most of the links they post to Facebook are false, almost all of them are scammers and phishing sites links are often posted , so to me it's not a good way to use Blockchain technology, though let's just say that it works.
so it's still good to use decentralized platforms.


Title: Re: Is Blockchain-based social media worth it?
Post by: meliodas on September 30, 2019, 11:30:43 AM
It is totally worth it to have a social media that is blockchain based because it will attract a lot of people to use it since they could potentially earn some cryptocurrency by just using that social media and they can also decide on what type of data or information they will share to that blockchain social media. I mean, it is a very huge potential type of thing to use a social media like facebook, instagram that is blockchain based where you can earn at least a beer money.


Title: Re: Is Blockchain-based social media worth it?
Post by: Lexurdania on September 30, 2019, 12:16:40 PM
They will be worth it in the future as adoption gains momentum. Most blockchain based social media can't be judged as cryptocurrency and blockchain remains in its early stage. The vision and mission is clear and it will only take a bit more time to materialise

Maybe with blockchain, the social media that we use will be safer from data theft. Blockchain technology is a safe technology and I think it can be used for any purpose so I think it would not hurt if there is a blockchain-based social media project


Title: Re: Is Blockchain-based social media worth it?
Post by: TGD on September 30, 2019, 12:55:54 PM
Social media Blockchain based platform will be popular soon as people were already hooked in social media sharing ideas, doing business and for some new. It will be better if thru blockchain as it will secured our data,identities and non-prone in hacking. Though there are already existing companies that are open to the idea of associating crypto in their applications, it would be nice to start to a new unknown project or collaboration of the existing social media apps to really assure the platform as decentralised.


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on October 02, 2019, 01:42:52 AM
The "non-blockchain" ones lack transparency, real anonymity, immutablity, decentralization, real incentives, resistant to censorship etc...
If those are not good value I wonder what they are. Besides, I think the Blockchain social media will do better competing among themselves rather than competing with centralized social media. It won't be easy competing with large established social media.

That's certainly true, mate. There are many reasons why Blockchain-based social media platforms are ten times better than traditional solutions. Censorship-resistance, and flexibility of user's data, are among the key features of Blockchain-based solutions. The real problem is that traditional platforms like Facebook and Twitter have many users into them. They also have a lot of money to support their operations. That's something that Blockchain-based social media platforms lack, leaving them behind the previously mentioned giants within the mainstream world.

As such, Blockchain-based alternatives may never be able to compete with traditional social media platforms as we know them. Both sides will head their separate ways over time, competing against platforms that are within their own classification (Blockchain-based/decentralized or centralized). So far, Steem is the leader of the Blockchain-based social media industry while Facebook is the leader of the traditional social media industry within the mainstream world. Of course, they have their respective advantages/disadvantages. But I believe that they'll never be able to overcome each other in the future.

Nonetheless, Blockchain-based social media platforms like Steem and Voice are truly promising. They might be the future of the social media industry, as giants like Facebook and Twitter adopt Blockchain technology for their own benefit. But platforms themselves will have their own share of the market, with people preferring one from another. Only time will tell us the fate of social media as we know it. Just my opinion :)


Title: Re: Is Blockchain-based social media worth it?
Post by: plast555 on October 02, 2019, 05:01:47 PM
I prefer a decentralized platform based on blockchain instead of companies that have central data repositories such as Facebook and Twitter and sell these repositories to people whenever they want.
I fully believe that Blockchain has a 10-year history and can do much better over time. Before that, the spark that starts with Steemit can turn into a flame with Voice. I'm especially looking forward to what EOS will do with Voice.
Well with steemit you will still be required to sign up and fill in some of your datas it's basically the same as using facebook and Twitter if that's the case. I just don't expect the implementation of blockchain to be really effective for blockchain-based social media. I actually prefer an Internet Relay Chat-like social media that looks suitable for decentralized social media platform.

Yeah, absolutely. I'm also looking forward to a privacy-focused social media chat app that offers real anonymity. Although projects like Statista, Telegram are secure, I have serious doubts about privacy. As the Blockchain community,we need to handle the messaging. After that, I think we can focus on other social media platforms.

However, projects such as Contentos and Voice will have their say as powerful blockchain-based platforms in the future.


Title: Re: Is Blockchain-based social media worth it?
Post by: aces777 on October 03, 2019, 07:16:48 AM
Giving a straight and direct answer might not be best for this question. It depends really on the project type, just like every other project, people want to see how promising it is before they can venture into it. The good side is that most block chain based social media is that it will already have all the popularity and promotion that it needs.


Title: Re: Is Blockchain-based social media worth it?
Post by: mirgo1791 on October 03, 2019, 07:55:21 AM
developer helps user with altcoin field of business works as appealing customs with reference on notables with the server of blockchain as might with the extensive work of evaluation to run of tasks with evaluation as following expends with release on supports of assessment.


Title: Re: Is Blockchain-based social media worth it?
Post by: ecnalubma on October 03, 2019, 08:14:07 AM
Social networks built on blockchain requires different approach, data security is the main issues why start-ups are pushing decentralised social networks. Blockchain opens new opportunities for new breed of social networks that offers mutual benefit between users and the company.


Title: Re: Is Blockchain-based social media worth it?
Post by: Roidz on October 03, 2019, 08:48:33 AM
Blockchain-based social media will certainly be handy for its users, of course with Blockchain social media features users can send payments and smart contracts to friends from the chat room, use the default message encryption service, use peer-to-peer protocols that don't rely on servers centralized, of course for those of us who likes to share, and write content on social media will certainly be very beneficial because that way we as content creators will be paid for the content, we produce on the social media platform, of course, with the Blockchain technology used in the social media system it certainly can authenticate content ownership from the threat of piracy


Title: Re: Is Blockchain-based social media worth it?
Post by: iamsange on October 03, 2019, 08:54:46 AM
Social media maybe something that already have it's king. I mean, not means social media aspect is not good. But there are already a lot of big social media that come and for new one, usually need something new. We can see some new site not really famous if compared with those already exist. Maybe blockchain wallet, like integrated with Visa or maybe something like Monaco, or other project that claimed connected to Visa is something worth to try again.


Title: Re: Is Blockchain-based social media worth it?
Post by: nicster551 on October 03, 2019, 08:57:48 AM
If you mean a new startup using blockchain-based social media then I dont think it is worth it, there's so many projects out there developing the same purpose. But if facebook, instagram, twitter or reddit will create its own blockchain then this will be good. They have funds for the development, for sure they will make it happen unlike some startups who wants raise more funds.


Title: Re: Is Blockchain-based social media worth it?
Post by: rocku12345 on October 03, 2019, 10:34:22 AM
Our world already has some nice start-ups of social media based on the Blockchain (https://hackernoon.com/6-social-media-powered-by-blockchain-fdc41d16cb12). Yes, this trend is still not so much in demand in society, so their popularity is quite low. In case of real use of blockchain technology we would get a real privacy for users...That`s true.
A good idea to rate the popularity and quality of the information presented in such media is cryptocoin. Each user could influence the exchange rate with his donations, thereby showing a real assessment of the project.


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on October 11, 2019, 12:27:54 AM
If you mean a new startup using blockchain-based social media then I dont think it is worth it, there's so many projects out there developing the same purpose. But if facebook, instagram, twitter or reddit will create its own blockchain then this will be good. They have funds for the development, for sure they will make it happen unlike some startups who wants raise more funds.

Agree. Social media giants like Facebook and Twitter have lot of money, compared with new startups/companies like Steemit, Inc. and Block.One which are just starting to blossom. The aforementioned giants (Facebook and Twitter) could develop a robust social media platform using Blockchain technology whenever they want to. If they do, you could expect them to become superior than many of the well-known Blockchain-based social media platforms of today. Apart from the funding they'll have to support long-term development, they already have a large user base within the mainstream world.

For such reason, I don't believe that Blockchain-based social media platforms will be able to overcome traditional services within the future. There will be a huge gap among both sides (Blockchain-based and non-blockchain-based). Which is why, I'm afraid that platforms will be able to compete against others that fit into their same category. Considering this, we could say that Steem is the leader of the Blockchain-based social media space, while Facebook is the leader of traditional social media. As time goes by, these platforms will become bigger and stronger than ever as adoption grows within the mainstream world.

Nonetheless, Blockchain-based social media platforms can have a bright future with proper funding. Without money, their options will be limited. So far, Steem's been doing great because of its economic model that will ensure it's long-term sustainability. But that's another subject for other platforms like Voice and AKASHA. Just my opinion :)


Title: Re: Is Blockchain-based social media worth it?
Post by: bitcoinposts on October 11, 2019, 05:51:27 AM
We have  seen various blockchain based social media platforms like steemit and some forums but nt all are successfull due to bear market the developments of these projects slowdown


Title: Re: Is Blockchain-based social media worth it?
Post by: metallica101 on October 11, 2019, 06:21:45 AM
After Blockchain's success within the mainstream world, we've seen various implementations of it into areas of finance, notarization of documents, proof of identity, and more. Yet, one of the most exciting implementations of the Blockchain has been social media, in my opinion. The first-ever social media platform was Steem, but other alternatives started to gain traction after it. We now have AKASHA (ETH Blockchain), HyperSpace (AMP cryptocurrency), and even Voice (EOS Blockchain).

With so many Blockchain implementations of a social network, it's becoming evident that this is the industry of the future. Of course, none of the mentioned platforms have been able to overcome Facebook or even Twitter. But the potential is there, to help change our world for the better. Still though, the number of users within these platforms are not comparable to the likes of Facebook.

Which makes me wonder, if Blockchain-based social media platforms are actually worth it? Do you think there's a future for them? Or are they just a niche? ???

I expect there might be a future for them, but platforms like Steemit allow you to actually earn by participating, which immediately causes suspicion among people. Everyone wants an easy way to earn a few extra bucks, but when it appears, it sounds too good to be true. And, as most people are lazy by nature, they don't bother with researching and seeing why things are as they are. Then, there's the fact that these social networks are not as popular and well-known. I remember the early days of Facebook, I wasn't interested in creating an account for years, simply because there was no one i knew on it. Back then, simply adding strangers was not really a thing for me. There is also a lack of awareness, definitely. These platforms must offer unique features to the user, something that Facebook, Twitter, Instagram, and that lot do not have, which is pretty difficult. And even if they did it, new technologies will make people hesitant and confused.


Title: Re: Is Blockchain-based social media worth it?
Post by: slaman29 on October 11, 2019, 08:22:23 AM

Nonetheless, Blockchain-based social media platforms can have a bright future with proper funding. Without money, their options will be limited. So far, Steem's been doing great because of its economic model that will ensure it's long-term sustainability. But that's another subject for other platforms like Voice and AKASHA. Just my opinion :)

Steemit is a funny platform in the sense to me that when a normal blogger goes onto it, the type of content there is quite spammy. I tried introducing it before and people gave me funny looks.

It doesn't help that the trending/hot articles were always crap posts which got upvoted a lot too!

But I heard they tweaked it a lot recently. That true?


Title: Re: Is Blockchain-based social media worth it?
Post by: airdnasxela on October 11, 2019, 02:52:03 PM
Arguments are being divided. Both side has their point. As for me, if someone would do it and can prove us the purpose and importance of blockchain technology on social medias, then it's good. But for now, since I am used to what different social media offers, I am already contended with it. I don't see blockchain as something necessary for social media, since socmeds can be successful even without it but it could provide better version compare to others, then it's worth it.


Title: Re: Is Blockchain-based social media worth it?
Post by: malekbaba on October 11, 2019, 04:00:00 PM
What if social media like facebook, twitter prevent you to use their platform for free? What if facebook closes all of the business groups, pages with or withour prior notice? Millions of tiny businesses, projects will be dead. That will create disaster. In my country, thousands of businesses are growing within facebook and people dont even know that their business is actually not their business. They dont have customers, viewers of their own. Blockchain based social network will prevent this major issue


Title: Re: Is Blockchain-based social media worth it?
Post by: CaptainKid on October 11, 2019, 05:56:38 PM
After Blockchain's success within the mainstream world, we've seen various implementations of it into areas of finance, notarization of documents, proof of identity, and more. Yet, one of the most exciting implementations of the Blockchain has been social media, in my opinion. The first-ever social media platform was Steem, but other alternatives started to gain traction after it. We now have AKASHA (ETH Blockchain), HyperSpace (AMP cryptocurrency), and even Voice (EOS Blockchain).

With so many Blockchain implementations of a social network, it's becoming evident that this is the industry of the future. Of course, none of the mentioned platforms have been able to overcome Facebook or even Twitter. But the potential is there, to help change our world for the better. Still though, the number of users within these platforms are not comparable to the likes of Facebook.

Which makes me wonder, if Blockchain-based social media platforms are actually worth it? Do you think there's a future for them? Or are they just a niche? ???
To be honest, I first heard about the fact that there are social networks on the blockchain or something like that, so I understand that they are not popular. I hope the developers of these social networks will spend more money on advertising so that more people recognize them and can compare them with the social networks that exist at the moment.


Title: Re: Is Blockchain-based social media worth it?
Post by: ven7net on October 11, 2019, 06:28:11 PM
After Blockchain's success within the mainstream world, we've seen various implementations of it into areas of finance, notarization of documents, proof of identity, and more. Yet, one of the most exciting implementations of the Blockchain has been social media, in my opinion. The first-ever social media platform was Steem, but other alternatives started to gain traction after it. We now have AKASHA (ETH Blockchain), HyperSpace (AMP cryptocurrency), and even Voice (EOS Blockchain).

With so many Blockchain implementations of a social network, it's becoming evident that this is the industry of the future. Of course, none of the mentioned platforms have been able to overcome Facebook or even Twitter. But the potential is there, to help change our world for the better. Still though, the number of users within these platforms are not comparable to the likes of Facebook.

Which makes me wonder, if Blockchain-based social media platforms are actually worth it? Do you think there's a future for them? Or are they just a niche? ???

Social networks on blockchain? Why not. I would like such platforms to appear, because they would be better. As for the number of users of these platforms, then Facebook did not immediately become so successful. I see only one problem, it lies in the fact that social networks on blockchain should be more convenient and safer, and their creators should actively develop them to achieve success. Then there will be progress. Let's see what happens in 5 years, maybe everything we are talking about will become a reality.


Title: Re: Is Blockchain-based social media worth it?
Post by: gaston castano on October 12, 2019, 12:21:19 PM
of course there will be a future for projects that are truly useful in developing blockchain technology.
as you said even telegrams and facebook they started making digital currencies too. this is a negative response to the blockchain even though we don't know whether this will have an impact on ALT in the future, but this will be a new era for crypto where two social media giants will join in.


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on October 16, 2019, 04:41:33 PM
Steemit is a funny platform in the sense to me that when a normal blogger goes onto it, the type of content there is quite spammy. I tried introducing it before and people gave me funny looks.

It doesn't help that the trending/hot articles were always crap posts which got upvoted a lot too!

But I heard they tweaked it a lot recently. That true?

Apparently Steem's latest hard fork (HF21) has made a few tweaks that aim to make the platform better than ever. It's meant to decrease the influence of bots, while giving more incentives to quality posters. I've noticed a slight reduction in my delgated Steem Power rewards because of this. In the bright side, the Steem platform will be able to encourage people to post more quality content over time. Still, it lacks a large user base unlike its competitor Facebook.

I believe that Blockchain-based social media platforms will simply remain behind traditional services for quite a long time. They might never reach the same level of adoption as giants such as Facebook, Twitter, or even Instagram. These companies have a large sum of money, allowing them to launch a robust Blockchain platform in the future if they decide to do so. Despite this, Blockchain-based social media platforms will head its own separate ways. Steem could remain the leader of the Blockchain space as we know it, while its contenders (within the same categorization) will remain behind it for years to come (like Voice, AKASHA, and even Memo.cash). The platform who brings the most number of users by delivering ease of use, will be the one that will stay on the top no matter what.

Nonetheless, it'll be quite interesting to see many new Blockchain-based social media platforms emerge over time. That's what we need in order to bring alternatives for people who are concerned about how their data is handled. With the power of the Blockchain, users are in control of their own data. That's one of the benefits Blockchain-based social media platforms have in relation to traditional social media platforms like Facebook or Twitter. But the limitations of Blockchain-based platforms (like the lack of scalability and the inability to remain completely decentralized) will not let them overcome the aforementioned giants. Hence, this could be more of a niche than anything else. Just my thoughts ;D


Title: Re: Is Blockchain-based social media worth it?
Post by: sandra_x on October 16, 2019, 04:47:14 PM
Most persons outside the blockchain ecosystem are not even aware that there are decentralized alternatives to social media, with all the added benefits. It will be difficult at the stage of adoption to see significant usage of such platforms. We need them in the face of ever-growing control and sensor by social media giants such as facebook and twitter.


Title: Re: Is Blockchain-based social media worth it?
Post by: arimamib on October 16, 2019, 05:09:56 PM
Most persons outside the blockchain ecosystem are not even aware that there are decentralized alternatives to social media, with all the added benefits. It will be difficult at the stage of adoption to see significant usage of such platforms. We need them in the face of ever-growing control and sensor by social media giants such as facebook and twitter.
social media platforms with a blockchain ecosystem might be difficult to use by the general public because there are quite a lot of social media users who don't know about this, coupled with considerable competition in the social media industry. but if the blokchain-based social media is intended for blokchain users it will look lonely unless the platform has features that benefit the user


Title: Re: Is Blockchain-based social media worth it?
Post by: Mike Mayor on October 16, 2019, 07:16:04 PM
I think social networks blocked by blockchain is a great idea. The problem is there are more than one of these so which do you choose? They will saturate one another. However, you can get a fairly close community in existing blockchain social networks but I wouldn't call it social networking in the way facebook is since it is more like social networking with crypto enthusiasts instead of anyone in general. So it is still very much used by people like us and not the general public. Once we see the general public start using projects like that then we can get excited and call it a social network.


Title: Re: Is Blockchain-based social media worth it?
Post by: xiboothrezi on October 16, 2019, 07:24:57 PM
If you mean a new startup using blockchain-based social media then I dont think it is worth it, there's so many projects out there developing the same purpose. But if facebook, instagram, twitter or reddit will create its own blockchain then this will be good. They have funds for the development, for sure they will make it happen unlike some startups who wants raise more funds.
With a large community, the adoption of blockchain in the platform will be maximized. We all know that social media is transformed as a need to show the existence of modern humans today. Many daily activities are shared, playing games, trading, etc. If all of those activities involve cryptocurrency in the future, for example giving rewards to gamers who are doing live broadcasts with certain viewer limits as a condition of getting a reward, it will definitely be good. And that's what I predict will happen to Libra on Facebook and other connected platforms. So the combination of cryptocurrency, blockchain, and social media is very good to apply.


Title: Re: Is Blockchain-based social media worth it?
Post by: pooh95 on October 16, 2019, 08:09:12 PM
Now there is a massive data leak, and it is not yet known what all this can lead to, a social network based on blockchain technology will probably partially solve this problem, but then all the information will be available to all participants, there are pluses, but also a lot of minuses


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on October 25, 2019, 04:49:39 PM
Most persons outside the blockchain ecosystem are not even aware that there are decentralized alternatives to social media, with all the added benefits. It will be difficult at the stage of adoption to see significant usage of such platforms. We need them in the face of ever-growing control and sensor by social media giants such as facebook and twitter.

That's certainly true, mate. Many people are still not aware of alternatives to current social media giants such as Facebook and Twitter. This is probably because Blockchain-based alternatives are not doing their duty to promote themselves to the mainstream world. There needs to be proper marketing/promotion of these revolutionary social media platforms in order to help attract people into them. Without adoption, Blockchain-based social media platforms will become more of a "gimmick" than anything else.

I believe that Steem has a better chance of becoming the #1 Blockchain-based social media platform with its economic model. Steem developers have created a self-sustainable ecosystem where people reward quality content on the platform. The vested Steem Power could be used to fund the platform itself. These funds can be used for marketing/promotion if the community allows it. With enough capital, they could spread the word about their platform attracting a large number of people into it. But it'll take a lot of hard work from Steem, if it wishes to take down already established giants like Facebook and Twitter.

Nonetheless, I believe that Blockchain-based social media platforms are still worth it since they provide people the ability to control their own data. It just hasn't found enough adoption from the mainstream world in order to blossom. If it stays that way, then I'm afraid that it'll part separate ways relative to traditional social media platforms we all know and love today. Just my thoughts ;D


Title: Re: Is Blockchain-based social media worth it?
Post by: EvgeniyLEV on December 16, 2019, 11:11:43 AM
Very important in social networks is the security of the data of their users. If social networks are built on blockchain technology, it will be very good. It will also be possible to integrate cryptocurrency into social networks, for the convenience of calculations. Everything would be transparent and safe. I think that in the future there will be social networking platforms built on blockchain technology.


Title: Re: Is Blockchain-based social media worth it?
Post by: Ken_terrance on December 16, 2019, 03:04:10 PM
Sorry to say but to me social media blockchain based is not worth it, this ain't solving any thing and the blockchain based social media projects i keep seeing are all just for the fun of it, the answer is no


Title: Re: Is Blockchain-based social media worth it?
Post by: Abiky on December 27, 2019, 05:56:44 PM
Very important in social networks is the security of the data of their users. If social networks are built on blockchain technology, it will be very good. It will also be possible to integrate cryptocurrency into social networks, for the convenience of calculations. Everything would be transparent and safe. I think that in the future there will be social networking platforms built on blockchain technology.

Agree. Blockchain technology is proven to be extremely secure and efficient for finance and other applications within the mainstream world. Adopting the same for social media could provide a whole new experience to end users. It's no secret that platforms which use Blockchain technology for their own benefit are able to maintain the integrity of data and user's privacy. Steemit, AKASHA, and even Voice have adopted Blockchain technology in order to present themselves as viable alternatives to traditional social media platforms of today (such as Facebook and Twitter). While they're still far behind the big players in terms of mainstream adoption, their technology is superior as it puts the end user first. People will be able to control their utmost sensitive information with Blockchain-based social media platforms than traditional ones we've been fond of for a very long time.

As of now, Steemit is the largest Blockchain-based social media platform that could turn out to be a viable competitor against traditional social media platforms if it continues to improve every step of the way. It needs a lot of marketing/promotion in order to attract users into it. With an attractive economic model, the Steem platform could remain sustainable for years to come. I'd be surprised to see giants like Facebook and Twitter adopting Blockchain technology someday. It would turn out to be a game changer for the social media industry as we know it. Only then, decentralized platforms (like Steemit, AKASHA, and Voice) will be able to directly compete with centralized ones. While we're still early to tell what the outcome of Blockchain-based social media will be, the space is maturing at a fast pace.

Nonetheless, the idea of a Blockchain-based social media seems to be quite revolutionary. Whenever it'll be successful in the long run, it's yet to be seen. After all, Blockchain technology is NOT meant to replace everything. Social media platforms might as well adopt cryptocurrencies for social media payments (tipping, etc) than using the Blockchain as a sort of centralized database. In the end, people will decide which types of social media platforms to use as time goes by. Just my opinion :)