THELOGICALINDIAN - EOS Voice targets Facebooks amusing media hegemony
Last anniversary Block.one accepted the barrage of an EOS-based amusing network. Having purchased over $20 actor account of RAM above-mentioned to the announcement, pundits had already estimated the aggregation was up to article big.
The new amusing media platform, alleged Voice, will run on the adapted EOSIO2. Dan Larimer, architect and CTO of Block.one, has affluence of acquaintance with amusing media platforms. Larimer larboard BitShares to co-found Steemit, which abounding call as Reddit on a blockchain.
Steemit is no flop, but it’s additionally not a Facebook killer. Given Block.one’s abundant war chest and access in the industry, this may be Larimer’s adventitious to face off with Mark Zuckerberg.
The Steem That Failed
Steemit was an aboriginal success in the blockchain industry. After ablution in mid-2016, the belvedere accomplished a actor users aural two years. Its success was abundantly based on its decentralized apriorism and the disability of anyone to abridge content.
The Steemit ecosystem works by advantageous accepted agreeable with Steem tokens. While there are no ads or claimed abstracts actuality awash to advertisers, there is a amount to use it.
But in the crypto winter aftermost year, Steemit and abounding added projects fell victim to aerobatics prices. The belvedere was forced to lay off seventy percent of its staff, and has appear boilerplate abreast arduous the brand of Facebook.
Perhaps it never advised to do so. But if we are to adjudicator amusing media platforms by user numbers, Steem’s success is starting to cool. It may accept been an admirable aboriginal footfall for Dan Larimer, but with Voice anon to launch, he may end up cannibalizing his own baby.
A Voice For The Disaffected
Voice is acceptable to address to the aforementioned admirers as Steemit: bodies annoyed of the models that assignment for the belvedere but not for the user. As Block.one’s CEO said:
That affect rings accurate for Facebook and added data-sharing internet giants.
But anybody still uses them. Facebook boasts about two-and-a-half alive billion account users, and Steemit can’t authority a candle alike to abate amusing platforms. By any metric, Facebook is an abnormally acknowledged company.
Does that accomplish it undefeatable? MySpace admiral would say it doesn’t. And if any blockchain can bound Zuckerberg from the amusing media throne, EOS ability be the one to do it.
Larimer’s ability to project-jump, however, will charge to be choleric for that to happen. Beating Facebook at amusing media is not activity to appear overnight, and blockage the advance will be aloof as important as accouterment a added convenient amusing media platform.
