Is The End Of Facebook Coming Soon? Is That Good For Steemit?

Recent site statistics released show that Facebook is on a decline, but is this rare or just the start of a major shift to platforms like Steemit? 

Facebook started on February, 4th 2004 and has grown to over a billion active users a month. It is incredible to see how far the site has come, but we may have seen the peak.

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Recent numbers released by Parse.ly on external referral traffic shows a sharp decline on Facebook. Down almost 50% since last year. See the details here.

We already know that many millennials use Facebook, but are not limited to Facebook like most of their parents. There is another unique trend happening though. Generation Z, children born fro 1995-2000's are not turning to the platform. Instead they are gravitating to other social media. 

Facebook has become a cesspool of political discord and advertisings for training classes. The Facebook has come a long way, and maybe it's heyday is behind it.

If it's best days are behind it, then that creates a major hole in the social media marketplace. In the future, people will spend more time online, not less, so what will take its place?

Of course places like Instagram are seeing a bigger spike, but what about the next age of social media? Places like Steemit and Appics? Not only do the blockchain social media offer a chance to generate income off of your posts, but they are also much less invasive and much more private.

Privacy is going to be more important to each generation as the dangers of being online increase with the technology. It makes sense that people will drift away from Instagram too for similar reasons.

As the old model of social media dies off, the new model that will replace it will be Steemit... at least I hope so. I can't say for certain, but I hope that the idea behind Steemit will fuel the next gen social media. Meaning, you get paid to post and curate, it's done on the blockchain and the information isn't sold to other businesses.

Personally I do think we are in a social media shift and I do see a decline coming from Facebook. It will be interesting to see what comes next and where those people go. I'm hoping they can find a great place like Steemit.

*Appics is a new ICO launching in March that is a social media platform built on the Steem blockchain. More info here. 

I appreciate you taking the time to read.

What are your thoughts? Do you think Facebook is declining?

Let me know in the comments below.

Thanks for reading.