Key Social Media Platforms Enabled by Decentralized Blockchain Technology

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Social media emergence is enabling to monitise the attention economy. Facebook, Twitter, Whatsapp, YouTube, Instagram etc are pioneer that have emerged over last 10 years. However, content creators get none to very little and all the benefits is hijacked by platform providers.

Not Any More.

Decentralized Blockchain Technology is enabling to distribute the value generated to all stakeholders i.e. content creators, content consumers, platform developers, and investors.

In last two years several innovative ideas have been launched. They are in different stages but it is worth to keep tracking their development and progress. Below is the list

1. Steem
2. Sola
3. Sapien
4. Indorse
5. onG.Social
6. Props
7. Kin
8. Lunyr
9. earn.com

All these apps are trying to use different approaches and targeting different user segment. Among all of them Steem, Sola, Lunyr, earn.com are functional. Out of all these the best so far is Steem. Others are way behind in attracting users.

And remaining are in various stages of developing a viable product.