Is Steemit the solution to Facebook Monopoly? (2)

in #busy6 years ago (edited)

Facebook is undoubtedly the king of social media and will remain so for a very long time due to its huge user base (1B+) with many dedicated daily users. On the other hand, will this monopoly last forever? Or will another smart player like Steemit, with its reward system take some market share from Facebook-especially good bloggers who see that steemit gives them the opportunity to earning a good revenue from their talents and hard work. Will this result to a duopoly or oligopoly due to other top players?

Here are some few points:

Pic Source

Community of great bloggers: steemit has certainly attracted great bloggers from Facebook to its platform due to the afore-mentioned benefit: financial reward plus the chance to interact with other great writers by joining steemit writing groups, making great friends, competitions and steemit meet ups. All these are not offered on face book hence why steemit will continue to tap into and appeal to top bloggers from Facebook.

Change of interest: For those who are active in Facebook before joining steemit, you will notice that you spend less time on Facebook since joining steemit meaning that steemit platform is more appealing due to the ability to earn a good income here and learn about great things , for instance Cryptocurrencies- which is not the case in Facebook. Imagine millions of Facebook users learning about such opportunity? What will happen to Facebook market share and subsequently the size of steemit users and steem price? The simple answer is that we will see huge increase in user base and steem price .

Censored vs uncensored: Moreover, those who need to control what they post or talk about -will leave Facebook for steemit due to censorship at Facebook. In fact, the platform controls what people say or write and will delete an account (without warning) if someone goes against their interests.

Quality of posts: Facebook is undoubtedly the king of selfie pictures, baby pictures including friends / family members sharing pictures and will remain so because there is no space for such segment in steemit. Steemit, on the other hand, will take over the segment of mature and intelligent bloggers, great community interactions and top video content creators (remember Dtube) . This will undoubtedly, make it possible for steemit to tap into millions of Facebook users , however it will take some solid marketing and community members making positive noise for this great platform.

Now is your turn, do you think that steemit will attract some Facebook members? Send in your comments, upvote in order to send in your support and resteem for others to join.

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I rarely went on FB before steemit. The drama was enough to suffocate a normal person...

Steemit, on the other hand, will take over the segment of mature and intelligent bloggers, great community interactions and top video content creators (remember Dtube) . This will undoubtedly, make it possible for steemit to tap into millions of Facebook users

AND this... is huge for me. I came to steemit in July looking to renew my writing and blogging career and quickly found out I was a perfect fit for steemit.

Good point, you nailed it well...

Not enough money in the world to get me off steemit.. or back to FB.

same here my dear one..steemit till the end of time...

I could never, ever, get into facebook. There was nothing I liked about it.

The only thing I like about it was to see pictures of my grandchildren (as I haven't seen any of the five little ones in person for a couple of years), but I have asked my kids to text me pictures now. I just have no use for the drama there.

hi all, first of all tank you @charles1 for posting, i think that we must be very very thankful to satoshi nakamato, in general this technology of blockchain will do great for humanity and centralization problems

Good point, Bitcoin is and will always remain the father...I am so grateful

Not unless the team starts taking Steemit serious instead of worrying about SMT's.

I agree with you @hilarski , good point

Lets hope it is. One way to plug Steemit is to share your blog posts from here on facebook etc. With a little blurb about Steemit. That gets more people to come take a look. I am new and still learning and I was a little frustrated at first. Now I am starting to enjoy it. I think that is a big obstacle for facebookers is its not quite as user friendly as facebook or what they are used to. I miss and I don't miss all the notifications. Its nice not to be notified every time someone farts in the wind. However if you write what you feel is a good post you want to know how people are responding so when you get a notification you go and check. No big deal though for here you just go to your feed or blog and look at replies. Anyway that's my take from a newbie.

Good point, am sure that you will be a success here. Patience , hardwork and great contents are key to success.. see my older posts for more details

Am new here on steemit since i joined, i hardly visit my facebook page,i don't think facebook can be compared with steemit because intelligent writer are here and we still make money with our writings.keep steeming.

Same here , steemit is the new vibe isnt it? more success

Steemit, on the other hand, will take over the segment of mature and intelligent bloggers, great community interactions and top video content creators (remember Dtube)

I see this to be a very real possibility. And with twitter also.
( I have never returned to twitter after joining here - the depth of conversations just can't be had on that, as a platform)

Leaving the 'selfie heaven' lot on Facebook, and intelligent bloggers and posters on here, seem kinds perfect, tbh !

When newspapers were the medium of the masses, there was a definite split between tabloid readers and the broadsheet readers...

Very good comment, I agree...thanks.

I think it's a use case problem. The current UX of "Steemit" is very similar to Reddit, where the community is formed around topics of interest. On the other hand, FB is meant to be the place to passively see content from friends and family (at least the feed part). I could see Steemit replacing FB Groups, if more functionality were implemented, but not FB proper as most people use it.

Good point, I agree...this will lead to gaining some market share from FB isnt it?

I came here mainly because of frustration with facebook. It became impossible to reach my own followers, even paid ads were not performing and I couldn;t even promote my prints with paid ads because their "system detected too much text" in the images of my prints - the only text was the title of the print,my signature and website along the edges of the print... I hope to learn how to use Steemit, it's quite different, but I think I'm starting to get the hang of it slowly! lol

I had the same issue with FB buddy hence why I was happy that I found steemit and loving it daily..at least I can earn something here daily without throwing money to facebook ads and geting zero ROI...see my older posts for ways to succeed here. Success to you.

Awesome I'll check them out, anything that helps me learn to better navigate this new platform is super appreciated lol

Very practical and true article . I upvote and follow you. I am new in steemit . support me .

you are welcome to steemit...

FB is now a lot of grannies, aunts, and family photo share. STEEMIT is def hipper and more alternative. That niche is plenty strong and when you include a whole new global audience of developing countries, the potential for beneficial synergies is off the map ! Peace

Good point, I agree...steem on to more success.

I dont connect on Facebook anymore as much as I am on steemit..
I will not bother myself anymore with something that will result nothing.
I am trying my best lately on steemit.

good point and am sure you are enjoying the learing opportunities here isnt it?

I don't think Steem is the best comparison to Facebook. I think it's more similar to Reddit.

Good point, however you can compare it to Facebooks posting and blogging segments isnt it?

I think steemit is certainly better with rewards system cause it replaces the ads which Facebook utilizes. But thr quality of posts on Steemit is around the same.
The thing is that Steemit is still a new social media and people will more likely stay with big media like Facebook, so getting Steemit to mainstream is an obstacle

steemit need more time to grow, however I see better quality here than facebook

The short answer?

Yes.

Yes it will.

Good point, hope you are enjoying here

Not much of a point I guess, I was just answering the headline question.

Trying to be funny, but humor rarely gets over with text.

Yes, I'm enjoying it on Steemit. It's a learning experience, but I'm starting to get it.

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We need success cases, when someone from steemit had sex, got pregnant and make a new family after joining community) How people use facebook, and why?

There are many success stories here,,,I guess that you are new isnt it?

Yes, I am about "success" that TWO steemians get laid. )) Did you read posts about this? How did you make so many comments? It's because of activity below you posts, or you made it through search of interesting writers on steemit?

People tend to comment on interesting posts isnt it? followers are also key

Where are you finding interesting posts?

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Thanks bot

Steemit over FB anyday !

Hahaha same here too

Nice to meet you. Welcome to Steemit.

why? did you read the post?

My first thought was that these are two completly different platforms, but now i think that u may be right

They are quite diffrent however with many similarities isnt it?

steemit is as like as magician...! I'm started here only 2 months. within short time I'm addicted to @steemit. forget it that when I last time use facebook...!

same here , I wish you more success here.

Sadly, I can't fully join Steemit as long as the methods of both discovery and immediate communication are so underdeveloped.

Steem needs two important features:

  • instant messaging integrated

  • a recommendation system

Out of the two, the latter is the tougher because it has to be accurate AND unbiased in order to keep aligned to the fundamental values of Steem.

Good point, I think that you should send your suggestions to the team and see what they think. Moreover , Hardfork 20 is coming with many new features...see my older post for details.

I afraid that I wouldn't be enough on my own. And spreading the word isn't super effective for m on Steem so far.

I don't want another facebook
I hope steemit does not becomes facebook!

I'm glad I've listen to videos and channels like We are Change and X22 report and I made myself a steemit,
But yes hopefully Steemit is will become a great substitute for many on facebook

I agree, steemit will not be another Fb rather a better substitute -hopefully.

Nice point of view! May have a huge impact on FB income

Absolutely a win win for us

Yes, Yes, Yes to all your fantastic points. Facebook offers nothing. I use it for a Social media connect and stepping stone but really has not done much for me and my marketing. I discovered Steemit in June and it has been slow but well worth it. I have met a lot of great people here and love the interaction.

Same here, I agree with you

I am a blogger who has given up on facebook. I have promoted my blogs on face pages groups paid advertising and it seems that all the traffic or a lot of the traffic is from click farms. Seems like I was pouring my money down a blackhole. Facebook is just not worth it anymore its getting harder and harder to get human eyeballs on your content so I came to steemit to see whats going on here. This is my second day being active I was approved christmas eve. Lets see what happens.