The idea of a blockchain-based social network is very attractive in terms of openness, lack of censorship and content monetization without any middleman. For this reason, a number of projects have been announced in the last few years which could be potential competitors to Steemit.
A recent Nasdaq article mentions a few active projects (Steemit is mentioned first!) One of them is Akasha.
Their team has strong credentials (Vitalik Buterin is an advisor). Some time ago I did download an application containing their Alpha release. To me, a non-technical user, it feels bulky and slow. You need to download a client, then synchronize with the blockchain…argh! Let´s say that they are not ready yet to compete with Steemit…
Synereo is a similar story... great ambitions, great technology, but…not there yet. They recently announced Qrator. Very nice on paper…we'll see how it goes…
Yoyow is a China-based project which was announced recently. According to them: “Yoyow will become the Blockchain version of Facebook, Quora and Zhihu …Compare to our competitors (steemit, decent etc.), yoyow has many advantages: Firstly, the yoyow Blockchain is built on Graphene framework that provide fast confirmation speed, and use a new consensus algorithm – PoF (proof of flow)”. Clearly, it sounds interesting.
Last but not least, I've come across the Ubermensch project, which seeks to build a “decentralized LinkedIn” aimed at the crypto business community. They propose, among other things, to decentralize business processes by performing e.g. collective due diligence on new projects. Needless to say, this also sounds quite interesting.
Steemit is well-placed to capitalize on its incumbent's advantage here, coupled with possibly the best blockchain technology around. As long as sign-up bottlenecks are kept at bay, I believe Steemit is here to stay and rule :-)
So important steemit keeps moving forward and keeps ahead of the trend. Hopefully we will be out of beta soon and can see a slick looking website. Functionality is absolutely key of course but we really need to tart this baby up now!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's simply that Steemit is much more than a common social media. Or just a blockchain social media. It's potential is endless.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Akasha might have a good hold in the market. Vitalik Buterin is an Advisor to the Akasha Team. Always bet on a good Team.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Check my post out, I have an idea that I want to develop, I am trying to get the attention of potential developers/ programmers, could you resteem this post and upvote it so I can get some developers on board. Here is the post https://steemit.com/crypto/@daudimitch/exchanges-continue-to-fail-during-peak-hours-traders-ponder-and-here-is-the-solution
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanx for bringing awareness of these projects. gonna take a sneak peak at that last one you mention to see how it works out.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice! Out of the projects youve mentioned - Which do you think will progress the most and why?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's a very difficult question. I would just say that the last project is the one I am most curious about. ..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for sharing!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why do people say that Synereo has "great technology?" Their technology guy left like 6 months ago.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This this post out and let me know what you think about the idea https://steemit.com/crypto/@daudimitch/exchanges-continue-to-fail-during-peak-hours-traders-ponder-and-here-is-the-solution
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for the roundup, did anything become of taringa's btc reward system?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Never heard. ..I'll google it...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I do not doubt the potential of Steemit, however from a trading standpoint
Synereo AMP is interesting to watch
I would not be surprised to see it going x10 in the next few months
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Maybe. ..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It'll probably be hard for competitors to overcome Steem's advantage for being the first of its kind. (think BTC)
Region is also important, there is enough world for more than one Crypto social network.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Maybe one day other social media will also follow the steemit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
First of all, thank you for letting me know of the other related project out there and where they are at, development wise. Next I would like to echo your last statement. I concur: Steemit has a great design fundamentally and it has already proved that it works. It's the best system for constant value creation and sharing of the value as well. Also the best place I know that let's people exchange ideas and gain value for them.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good overview and review of the competitors. More and more will come. Steemit proves that it is working.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm looking for an alternative too. Feature specific, it MUST be EXACTLY like Google Plus. I'm referring to the "Collections" feature.
In a nutshell: Visit a Steemit user's profile and be met with a feed of random posts that you have to dig through. It's very annoying. Tags won't help in this situation, that's only useful if you're using steemit as a search engine, not for those you've subscribed to.
On G+, all you had to do was click on a collection and find all like posts. I had about 4 collections on my G+, Nostalgia, Bitcoin, Things I Hate, Saturn Matrix. Collections are kinda like books. Open one up and be met with a continuous feed of progress on that collection. I'm going to have to rummage through some of the ones in this article too, but if anyone knows of one that is like steemit and G+ mixed.
I'm told that steemit atm, is not doing anything to implement new features, update or improve its current state. There are whales threatened by this type of change, especially since they rely on the tag system. It's terribly broken here and it either needs to be fixed ASAP, or I need to just hope there's a good alternative that fits these needs :/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit