Interesting question and article.
I do not think the vast majority of people care if a social network is placed on a block chain or on a traditional cloud-based storage system. What people care about is about being social, ease of use, and features to help them tell their personal stories.
Yes the idea of getting paid to tell your story is also fantastic, there are other ways to do this besides just giving a share of crypto. There could be revenue models that get built in. Imagine if Facebook paid you a fraction of a cent for every ad they displayed on your page when someone viewed it, or sort of like how the brave browser pays you to show you ads... I think I would take a lot of away from the development of crypto based social networks.
Moreover I think one of the reasons why block chain networks are growing is just because the revenue model. If you remove the revenue model, there are other platforms in place that have a wider user base and more developed with features and usability.
I don't know what the future holds, but I do know that steem has more going for it then just a social network and that's why I'm invested on the platform!
Hello dear @jacuzzi, thanks for coming, welcome once more. How are you?
In agreement! Obviously the main reason for the growth and income that you can achieve, that is why many of us are here (myself included). I must say that the discovery of this type of networks is helping us in Venezuela and that is very good for us.
Yes, it is very difficult to know what we will see later but while steem continues to improve, growing and giving us satisfactions I will also continue investing here.
Thanks friend, great contribution once more.