It's not that I'm anti-social-media, I just don't like your socialistic media platforms

in #intro7 years ago

The problem with all popular social media is an illusion that they're free... when they're really not.

They are just marketing companies with: commodity ⬄ product ⬄ account ⬄ user ⬄ person

What's the value of such product?

I'm not sure - but lets look at just 2 Facebook transactions:

  • 19 billion USD to WhatsApp for 500 million users.
  • 1 billion USD to 30 million users.

let's round to $20 billion for .5 billion users.

Thats $40 each user.

How long will it take for a Steem user to make that much? It depends on how much you contribute to the project.

Steem is really the only Social Networking application that I know of - rest have turned to Social Media companies.

SteemitVsFacebook.png

Sources:

http://time.com/3477028/facebook-whatsapp-19-billion-dollar-deal/
https://dealbook.nytimes.com/2012/04/09/facebook-buys-instagram-for-1-billion/
http://steemwhales.com

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