The Year 2017 has seen Blockchain technology threaten to overcome major industries including finance, communication and social media.
Social media alone has seen the several high profile decentralization projects including:
Steemit
Kik Messenger
Akasha
Lisk
Synereo is a Blockchain-based social media development platform and they have announced plans to release WildSpark, a social media platform which works similar to Steemit!
Users on WildSpark will create content and get rewarded when viewers upvote their content, discover and curating new content and also probably by commenting.
The native currency of Wild Spark is AMP.
https://www.youtube.com/watch?v=Hr1eNMq9aDI
Steemit verses Wild Spark
Unlike Steemit however, the curating system of curating system of WildPsark is more like an affiliate system where a users who upvotes a content gets to receive their own unique link to that content.
Users then promote the content using their affiliate link to the content and in turn they receive rewards for all users who visit the content through their affiliate link and upvote it.
Currently WildSpark is in development but will be released soon this year, however you can demand early access by vising the Wild Spark website.
Steemit Killer?
Believe it or not, WildSpark could become a Steemit killer. Here are some good points to consider:
Wild Spark is targeted to independent journalists, artists and bloggers, something which seem missing on Steemit. Steemit just seem to be an alt-social media platform for cyberpunks and get rich quick dreamers.
Synereo has a taste for beautiful and responsive interfaces meaning the interface of WildSpark would be better than that of Steemit in terms of design and accessibility of functions. Average users will be drawn to the intuitive and beautiful of Wild Spark than Steemit, whose interface seems too classic for modern social media.
Wild Spark could support more features such as direct user messaging, audio and video calls, emojis as well as beautiful and customized user profiles - features which are absent on Steemit.
Steemit lacks management and often relies on the voluntary efforts of members to manage it. Products such as @SteemitBoard, @Smackdown.kitty, @screename, @bestof and @cheetah are all initiatives of voluntary Steemians.
Wild Spark's business appeal could attract investors and top executives to make it become a full fledged mainstream social media, giving it a more professional structure than the casually voluntary development structure of Steemit.
Steemit is becoming too difficult for newbies/minnows and Steem Power has ensured that only whales win, whereas on Wild Spark everyone will have equal opportunity to make it.
Wild Spark could have a better marketing campaign than Steemit, which has absolutely no marketing campaign.
There seem to be no support for self upvoting on WildSpark, meaning users focus more on upvoting the contents of others as compared to the selfish culture of self upvoting on Steemit!
Steemit's main founder @Dan is now consumed with work on EOS, his new ambitious project that stuck both Gold and lightning, meaning Steemit is loosing the attention of its primary visionary.
Important questions to ask:
What do you think of Synereo's WildSpark initiative?
Is Wild Spark merely a clone of Steemit or a real thing?
Will Wild Spark take away users from Steemit and therefore is a threat to Steemit?
Has Steemit Inc. been too pragmatic in managing Steemit?
Is it time for Steemit Inc. to take a more proactive approach at developing and promoting Steemit?
Let us know of your opinions by commenting below. Follow @BlockRush for updates on WildSpark, Steemit and other exciting Blockchain projects!
Follow @BlockRush for more #Blockchain news and reports!
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Do not forget to upvote and resteem this post if you found it helpful so other can find it. If you have any opinions about this article, please let us know by commenting below.
Wild Spark is targeted to independent journalists, artists and bloggers, something which seem missing on Steemit. Steemit just seem to be an alt-social media platform for cyberpunks and get rich quick dreamers
This statement seriously underestimates and misunderstands what steem and steemit are.
Synereo has a taste for beautiful and responsive interfaces meaning the interface of WildSpark would be better than that of Steemit in terms of design and accessibility of functions. Average users will be drawn to the intuitive and beautiful of Wild Spark than Steemit, whose interface seems too classic for modern social media.
Steemit is one app within the steem economy. Steem and steemit's beauty are in it's utility, free tx's, community, growth, consensus mechanism, ability to scale, proven tech...... I could go on :) Wild Spark, as far as I can tell, does not offer a fraction of this and is reliant on existing platforms rather than it's own merits.
Steemit lacks management and often relies on the voluntary efforts of members to manage it. Products such as @SteemitBoard, @Smarkdown.kitty, @screename, @bestof and @cheetah are all initiatives of voluntary Steemians.
The steem economy's incentive structure is such that hundreds of entrepreneurs, developers and investors are building for it.....it is viral. This is a strength, not a weakness. Although Steemit.inc are doing the majority of the core development, that could change over time......steem has a built in mechanism for managing evolution and it has proven to be extremely effective, DPOS and witnesses.
Wild Spark's business appeal could attract investors and top executives to make it become a full fledged mainstream social media, giving it a more professional structure than the casually voluntary development structure of Steemit.
It's all well and good to attract businesses and investment, but if your product is not as good as the competition, network effect will most likely kill it off and you'll be building an empty room.
Steemit is becoming too difficult for newbies/minnows and Steem Power has ensured that only whales win, whereas on Wild Spark everyone will have equal opportunity to make it.
I'm sure you didn't mean it but that was rather patronising! :) There is a learning curve involved in any new technology, certainly with something as unique and versatile as steem. If you think only whales have benefited, then you haven't really looked at what is going on. Tell that to the thousands of Indonesian, Venezuelan, South American and African Steemians. Tell that to anyone with aspirations of publishing. Tell that to the flourishing artist and photographic Steemians. Tell that to everyone who got paid to do what they were doing on other social media platforms for free. Tell that to the rapidly increasing steem distribution. Tell that to anyone who was looking for somewhere to publish that could not be censored.
Wild Spark could have a better marketing campaign than Steemit, which has absolutely no marketing campaign.
Good for Wild Spark. To say that Steem has no marketing is again to misunderstand the viral and organic growth it is experiencing today. There are many community efforts to market steem and it's capabilities, I'm running one myself called Giving Steem. If you mean marketing coming from Steemit.inc, they are doing some things.....however, I hope they will do more soon. I suspect they are working on something monumental for when Steemit leave beta shortly.
There seem to be no support for self upvoting on WildSpark, meaning users focus more on upvoting the contents of others as compared to the selfish culture of self upvoting on Steemit!
Self upvoting is an artifact of the incentive structure and though it will likely always be present, it can be moderated through adjustments to the reward algos or by the evolving culture within the community.
Steemit's main founder @Dan is now consumed with work on EOS, his new ambitious project that stuck both Gold and lightning, meaning Steemit is loosing the attention of its primary visionary.
Steem nor steemit need dan to be able to develop. He has left steem in very capable hands whilst he continues, as he must, as he should, with building out the tools we all need to secure life, liberty and property for all.
I hope my feedback is of some use. I welcome competition, however, as it stands, I don't believe Wild Spark represents competition to Steem at all.