[2018-08-11] Does the Cryptospace Need a New Social Network?

[frauswif]

"One major challenge facing any new social network is achieving success requires large-scale user adoption, but getting a large number of people on-board in the cryptospace is easier said than done."

Full article: https://medium.com/datadriveninvestor/does-the-cryptospace-need-a-new-social-network-9da5ad0ec566

[1713950291]

1713950291

[1713950291]

1713950291

[1713950291]

1713950291

[TraderTimm]

Yes it does -- news submitters and commenters that aren't shilling nutters, check this out -- https://bitcoinhackers.org

A Mastodon instance that is Bitcoin only, no more shilling bots and idiots pumping their altcoins.

Check it out.

[pozmu]

I think it won't hurt anyone to have another option, in my opinion Steemit is pretty good but it's difficult to get new users from outside of crypto world to use it, with Hilo that problem doesn't exist, but will it be engaging enough? If it will be only about cryptocurrencies then it may become one big advertisement/ billboard for altcoins and icons.

[Betwrong]

So, in other words, it's an ICO, or a future ICO anyway. After reading briefly their Whitepaper it seems to me that only those people who have never seen sites like CoinMarketCap, Blockchain, bitcointalk and numerous of other crypto related sites can be impressed by the project. I mean if the above mentioned sites didn't exist then Hilo would be a great project, but they do exist so ...

I may be wrong of course, but from my point of view it's a total fail. I'd recommend the team to abandon the project and to try to do something else as soon as possible.

[gentlemand]

I've been seeing multiple mentions of that Mastodon thing recently. A few Twitter stalwarts have made the point that by migrating there they're automatically blanking a vast proportion of their potential audience. Can't say I'm too bothered by bot hell myself.

[SoiledDove]

Does the Cryptospace need a new social network? As in, the cyberspace occupied by the cryptocurrency community? Well, according what I understand, the cryptospace, cyberspace, call it what you want, will be very different indeed. Unrecognizable in many ways from today. Our needs and wants will be totally different and communication will not be on the same level. Just take a look at this thread I found on Reddit the other day. It might give you some idea of how different things are going to be.

[TraderTimm]

I think it won't hurt anyone to have another option, in my opinion Steemit is pretty good but it's difficult to get new users from outside of crypto world to use it, with Hilo that problem doesn't exist, but will it be engaging enough? If it will be only about cryptocurrencies then it may become one big advertisement/ billboard for altcoins and icons.

Over 2,000 real accounts in the last few days, including some of the heavy hitters like Andreas, Stark, and more. If you don't try it, its on you -- lots of people there now and actively posting. Its one of the top ten Mastodon instances out there.