cryptocoingossip

Social media platforms are very helpful for staying connected to your family and friend, making new connections and building relationships.

But the major problem is they use your details to connect with the world also to get profit for putting a smile on their investor’s faces.

This profit centrist approach making social media sites looks like advertisement billboards.

The main problem behind social media looks like advertisements junk is they’re controlled by the one single organisation whose main aim is only making a profit.

To solve this problem, Blockchain seems to be a better solution because of it’s decentralized nature.

Now there are many social media sites based on Blockchain, but there are not popular as Facebook, Twitter, Instagram, Youtube. However, they can be the next big social media platforms.

Here are nine social media platforms based on Blockchain that could be the next Facebook, Twitter.

1. Minds.

Minds is an open-source distributed social media platform launched in 2015 by Bill Ottman and John Ottman.

If you signup to the platform then it gives you the full power to post anything with zero censorships also it gives you it’s own Minds token (MINDS) as a reward to do activities like posting content, liking it, sharing it.

Even minds is an open-source platform letting users make the changes.

2. Mastodon.

Mastodon is a micro bloggng site like Twitter. Started in 2016 by Eugen Rochko.

It is an open-source platform running on independent servers.

Like Twitter Mastodon not run by the one company it allows it’s users to host the server and create their community.

You can join different Mastodon communities (called as instances) and interact with members, share your toots (post) limited to 500 characteristics with images.

To get started in Mastodon there is a public instance managed by owner address https://mastodon.social.

3. Sapien.

Sapien is a customizable, democratized social news platform started by Ankit Bhatia, Robert Giometti.

This platform built upon the Ethereum blockchain also you can get their own SPN token to reward for interacting on the platform.

4. Steemit.

Steemit is the very popular blockchain social media platform having more than a million active users created in 2016 by Ned Scott and Dan Larimer.

The platform also known as the decentralized Reddit allowing you to create, curate the content and upvote or downvote it, also commenting on it.

All Steemit users details and post data stored on the Steem coin blockchain.

Steemit uses Steem coin as financial fuel for its users who participating on the platform by posting, curating the content and getting upvotes along with comments or upvoting and commenting on other creators content.

5. DTube.

Decentralized Tube (or shortly DTube) is a decentralized platform for sharing video content.

Started back in 2016 DTube allows video creators to upload videos and earn reward from it.

To give a reward. DTube uses Steem crypto coin along with their own DTC token for uploading, curating, and up-voting relevant video content.

DTube uses decentralized IPFS protocol to store video content.

May this platform seems to you as a decentralized version of YouTube which is a #1 platform for video content owned by Google but remember DTube is fully decentralized and never show you ads based on your activities.

6. DLive.

It is a live streaming platform like Twitch launched in 2018.

DLive uses it’s own blockchain-based token “Lino Points” to give reward for streamers and watchers.

You can get Lino Points by interacting with streamers even you can earn more Lino Points by being a streamer.

At the initial stage, DLive also uses Steem as its financial fuel but later switched to using its own Lino Points but in January 2020 DLive acquired by Tron and currently changing it’s token again.

The platform created a buzz when famous YouTuber PeWDiePie switched over to DLive in April 2019, causing 67% jump in user growth.

7. Indorse.

Indorse is a Singapore based professional blockchain-based social media platform build on the top of Ethereum blockchain started in 2017.

The platform considered as the best alternative to LinkedIn.

It helps the business to hire talented individuals also if you’re the programmer having a unique set of skills then Indorse provide you platform to showcase your skills and get reward and job.

Indorse also have its token called IND, which used to reward users and that can be traded or used to buy services including company pages with validated connections.

8. Scorum.

Scorum is also blockchain-based blogging platform which main focus around the sports-based content.

They not only focus on written content, they also offer statistics centers, a fantasy sports platform, and commission-free betting. It even has support from fan clubs and athletes worldwide.

Scorum allows you to write your ideas and thoughts through their platform, but if you write about sports, then you’ll get more engagements from other community members along with reward.

If you hate writing about sports then you can get a reward from just commenting on them instead.

In 2018 they launched their crypto coin named SCR to use as financial fuel for the platform.

They charge you zero-commission if you use their SCR coins on the Scorum peer-2-peer betting exchange.

9. Memo.

Momo is a Bitcoin Cash (BCH) based social media platform started in 2017.

The platform lets you create a profile, post messages, images and videos using hashtags with the opportunity to earn BCH reward.

Memo stores all the data to the BCH blockchain and all the post visible to anyone on the BCH blockchain, with each Memo account associated with a BCH wallet address.

Recently in 2019 Memo.cash has implemented an SLP token exchange allowing people to list SLP tokens and sell them for BCH.

Conclusion.

Above are the nine different social media platforms using blockchain to protect the user’s privacy.

But as I stated above, all these platforms not as popular as Facebook, Twitter etc. Even I’ll bet you never heard some names of platforms on this list.

Because of some barriers the crypto and blockchain technology still not reached as a popular level that attracts millions and billions of people however the technology is a decade old we will hop it will reach that point in coming years.

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