One of the main attractions to this blockchain and it's related projects is the promise of decentralized social media. Or as the cool kids might call it, Web 3. And about a year or so ago, the #ProjectBlank project had everyone talking...
Twitter, on chain!
We were all pretty excited and still are. The Leo Finance community started referencing a project that captured the essence of Project Blank, however it wasn't on a blockchain and you were rewarded in Bitcoin Cash for being an active member of the community.
I was excited to poke around, because I'm a raving fan of Twitter and couldn't wait for Project Blank to launch...So I took the advice of some folks on Leo and started poking around.... Noise.Cash!
What is Noise.Cash?
It's a privately funded social media platform that's the short form version of the popular Read.Cash blogging site. Keep this in mind, it's privately funded. It's not built on a blockchain and there is absolutely no delegated proof of stake mechanisms in place to create reward pools...It's all out of the pocket of a few BCH whales, that hoped to raise awareness for Bitcoin Cash.
When I first started posting, it was great! You had some fantastic engagement, the community really seemed fired up and heck, I even earned over a full BCH in about 10 months of using the platform regularly. Free crypto for adding value to a platform!!! I loved it!
However over the past few months, things have seemed to slow down quite a bit...And a few warning signs that started to pop up that have hurt the experience...
First ...They would run out of funds! They never tried to ad monetization to the site, even though it was at one point one of the most visited sites online. So all the BCH that you would get to 'tip' others, was all out of their own pockets.
Second, this was a VERY pro-BCH platform. If you mentioned Hive, or gasp Bitcoin itself, you didn't feel that welcomed at first. They slowed down with the 'anti-any-other blockchain' stance after a while, but it was still....A pro-BCH platform that never really felt like home for different crypto.
Third, the eventual lack of updates from the owners of the platform. About a year ago, they showed up daily and were working on developing the platform to make it better. But now it's been...Crickets...
This is what hurts me the most...When Noise was crushing it, these guys were making improvements all the time. They stacked win after win, however now it just seems like no one is home. Which brings me to...
Fourth, the tips are really drying up. There is no rewards pool / inflation to earn from and it's not on a blockchain that can even build one. Maybe it can, but from what I can see, there is no desire to even think about building something that is self-sufficient.
And sure, we can tip others out of our pocket and I've done so quite a bit over the past year of being on the platform...But generally, if you don't have a way for people to earn in this new model, they won't stick around.
Engagement is down and sadly...While I used to post daily on Noise, now I might post a pic of my gecko once a week....
I was a massive fan of this platform. We even added it into our training at Start Earning Today, and I grew my followers pretty quickly. It captured everything we've been raving about for 'crypto' related social media and made me even more excited for the future of this stuff....
However, Noise just seems to be a sliver of what it used to be and what it's potential could become.
I hope they turn it around.
I really do.
It's such a clean and easy to use experience, actually it's one of the best I've ever had when it comes to any social media platform. But without any updates from the dev team and a community left in the dark...
Something needs to change!
Will it return to it's former glory and make some more 'Noise'?
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