“I feel like I’m in the Stone Age when I’m on Facebook or Twitter,” Kadavy said. “They have no value without what you’re contributing to them. If Facebook doesn’t respond to this, things can change very quickly. They should be very concerned.”
On Steemit, the money goes in the other direction. Facebook, with 2.1 billion monthly users, may not even see Steemit, which says 9 million users visit each month, in its rear-view mirror. But Kadavy is just one of hundreds of thousands of people who make money by posting, playing games and viewing ads on the new blockchain-based sites and apps, where nearly every user action is linked to token-based compensation.
Please read the full article here:
https://www.bloomberg.com/news/articles/2018-02-27/websites-using-blockchain-to-pay-users-aim-to-disrupt-facebook
