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RE: Monetization of networks and networks based on blockchain

in #blockchain6 years ago

Great post and nicely presented. I think monetizing social networks is pretty tough and is a long term goal unless one is willing to invest in Ads.

I'm equally finding difficult to monitize my content on Steem, changing strategies from time to time but it is not always working.

About the blockchain social network, I do not know about CBNT and I will check it out.

Whaleshares is already a FAILURE. It was created to solve the flaws of Steem but today, it is more of a cross posting platform with lots of tokens that are mostly given out for discord show attendance.

Will they surpass traditional networks?

In all, I do not see any of these blockchain social media to surpass the likes of Facebook and the rest. If we may one someday see one, then I believe it will definitely be created from a perspective different from Steem and others that currently exist.

Thank you for a great piece of article.

Do have a great week!

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Hi dear @akomoajong, thanks for joining this conversation, you are welcome.

In all, I do not see any of these blockchain social media to surpass the likes of Facebook and the rest. If we may have someday, then I believe it will definitely come from a different perspective from Steem and others that currently exists.

According to you, I think that it is very difficult to overcome these networks right now and I do not know if they ever get it, but if the cryptography continues its ascent, we have to wait for the future.

Thanks for comment.

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