Facebook is undeniably the biggest and most popular social media site in India. There has been an exponential rise in users from India on various social media websites across the world in the past year. A year ago Facebook had 213 million users from India and this year we're a lot higher and have overtaken USA. It's only a matter of time when we see over 300 million users from India.
Steemit has paid out more than $20 Million dollars in 1.5 years through it's upvotes system and community based curation of content. How much has Facebook paid you for your content and profiteering off your personal data? Steem currency has risen at a stable rate after the massive dumping ended earlier this year when hyper-inflation was brought under control.
Huge potential from for Steemit from India
There's a lot of room for Steemit and other applications built on the blockchain to grow in India and benefit from onboarding users from India in the long run.
- India is the 2nd largest english speaking nation in the world.
- Over 300 million smartphone users are online and signing themselves up on social media platforms.
- YouTube has found a great potential and has been marketing it's social media platform in several ways.
- YouTube's mobile watch time is growing at 400% annually from India.
- There's a massive upside in bringing India's rural population to the internet.
- Huge untapped potential in e-commerce.
- Easy to start online businesses and a fast paced economy.
- Huge demand from brands for strong online presence in India.
- Social media influencers are high in demand amongst brands and PR agencies for promotions and marketing.
- Cross platform marketing potential.
- Huge potential for targeted marketing campaign for signing-up users from India.
Steemit Education
- Steemit has quite the learning for anyone new to this platform and education is key.
- India Steemit Accelerator was one of my initiatives to take Steemit forward in India.
- Current users can easily on-board new ones and help them with the basics of the platforms.
- Videos, podcasts, posts etc whatever it takes to help new users to understand the use of the platform allowing it to scale.
- Steem is one of the fastest blockchains out there today. This needs to be marketed as well.
- Marketing the Steem blockchain to the masses across the globe. Teach people how it works, it's use cases and potential to build apps on it.
Reduce Mis-information about Steemit
Talk to people and point them to the correct information. All the information that you need to know about the platform is available on this and other social media platforms. You can do your due diligence to find the truth about how this place works and if it's real or not.
People are coming to Steemit from all over the world in many different ways. Yesterday I posted a thread sharing my story about how I discovered the platform, hundreds of users of the platform posted their own stories in the comments. You can read the post here!
Investing In People!
Growth in cryptocurrency adoption from India will signal a massive movement towards these new protocols and technologies in the next few years. It would be wise for developers and marketers to look at India as a huge market for Steem based applications. Starting now and continuing their efforts well into the future, might just pay off.
As you know greater adoption of the Steem blockchain and cryptocurrency can possibly lead to a greater demand and better price for one of our favorite cryptos. I hope Steemit and various other platforms continue to welcome users from India and the Indian sub-continent.
If you like my work kindly resteem it to your friends. You may also continue reading my recent posts which might interest you:
- Steemit Mentioned In: How to File Tax Returns in India for Your Bitcoin Profits—My Latest Feature In TheQuint!
- 4 Tips For Steemit Account Recovery & Wallet Security!
- Let's Talk—How Did you Discover Steemit.com?
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