Is crypto-powered social network a trend?

[DonFacundo]

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.

[ned.ryerson]

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

[TheGreatPython]

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.

[Nihyfehmih]

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

[passwordnow]

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.

[deodivine1]

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.

[Rexler]

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.

[mrdeposit]

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.

[Suharti12]

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.

[alyssa85]

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.

[kawetsriyanto]

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.

[LbtalkL]

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.

[shinratensei_]

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

Let's see the fact.

Mostly people are still using popular social network platforms like 0x platforms.
Remember there were a lot of social network projects in the cryptocurrency too. Crypto has a large number of users maybe millions of users but the problem is the project that focused to develop crypto powered by social network is not focusing on platform development.

As far as i know when we back again to the era when steem became a very popular social network in crypto and you will know if that's ever happened with crypto.

People these days are looking for utility usage from the token combined with the platform. Crypto social network doesn't need a large number of users to be a popular platform. That just need to be a trusted and a good platform.

[passwordnow]

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.

There should be a continuous development not just for these browsers as you have given as an example. It's fairly enough to start rewarding users so that they can continue to contribute to each other. Users contributing to the platform, while the platform rewarding the users as sort of recognition for their users. But this kind of business model wouldn't be taken by the old type of social networks because it's kind of hard for them to adjust if this is going to be their case.

[NathanJB]

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.

There should be a continuous development not just for these browsers as you have given as an example. It's fairly enough to start rewarding users so that they can continue to contribute to each other. Users contributing to the platform, while the platform rewarding the users as sort of recognition for their users. But this kind of business model wouldn't be taken by the old type of social networks because it's kind of hard for them to adjust if this is going to be their case.

If the kind of browser that is started by Brave will become the trend nowadays especially in this age of cryptocurrency, other browsers must have to think of ways to compete or else they will follow the footsteps of Yahoo when Google, Mozilla, and other players came into the game. Google has generated billions of profit out of it and they did not even reward a few cents to the users. Brave is earning the support of many because of its reward system.

[Bim abk]

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.

in the competition the social media industry is indeed difficult to compete with popular social networks, because they already have many users. and some crypto social media currently have a lot of users, I think it will be difficult for a new project with the concept of social media to compete in the market

[Doell]

method of using social networking crypto allows users to get crypto for free but if the family of friends in other social media ,like Facebook is something that will make you lazy because you have to switch from this website then that well the longer user will be upset and will choose the crowd a family

[jootn2kx]

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 think that they may be underdeveloped still, I have an account on Steemit, but I only made a couple of posts before I gave up on it. The experience felt relatively limited. They might be a thing in the future, but for now, I don't think I would switch completely.

[adzino]

You should create this thread in the altcoin services section, I'm used to Facebook and don't think of switching to crypto-paid social networks, I have a Steemit account and several other crypto paid social networking accounts, but now I never use it again because I'm not very comfortable with paid social networking, anyway the pay is not much, because I will not sacrifice my pleasure just for a little money.

How is using a crypto based social network going to be a sacrifice of your pleasure? You can enjoy it as you usually do, but instead of getting nothing, you will at least be getting some coins. That is even more fun/pleasurable experience!
You waste your time in social media site, then why not just waste it in some other platform while you manage to earn something?

[cosmofly]

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 can not. Currently facebook is an indispensable thing for me because I have many friends there and need to contact them every day.
That's why I can't give up on Facebook just to go to cryptocurrency-powered social networks. It will be very boring when people are just trying to make money instead of providing funny entertaining jokes.