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Social Media on the Blockchain
One of the hats I wear is that of a writer, which means I am always on the lookout for new ways to share my words, so I am naturally fascinated by the new social media platforms that have been emerging over the last couple of years or so. Some of these are built on a blockchain and are aiming to bring a less censorship driven and more egalitarian approach to things (suspect that might turn out to be more tricky than people are hoping). What’s more, some have introduced their own tokens, providing a means for creators to get paid for sharing their content. Interesting, thinks I…
The ones I have been looking at recently are (Publish0x aside!) Uhive, ReadCash, Subsocial and HiveBlog. There are others on my list, but I’ve not had the time to get to these just yet.
I’m looking for two things when assessing these platforms, namely somewhere I can grow my readership and some means of being paid for my content. Ideally, when it comes to being paid it will be in the form of crypto.
ReadCash
Today I’ve been getting to grips with ReadCash and so far things look positive. It seems to have a decent size community, with plenty of blockchain enthusiasts, a rewards mechanism whereby readers tip articles and a decent enough editing tool. I did find one oddity, which requires that any post has to be made within a community if you want to get access to rewards, but I suppose this helps to match up posts with interested readers. Rewards are made in points, then converted to Bitcoin Cash. I like what I’ve seen and have now started up a blog there.
Subsocial
I have also been experimenting with Subsocial, which runs on the Polkadot blockchain and styles itself as the next all-in-one generation of blockchain-based social networks. It’s still early days for these folk so no big surprise their user base isn’t any too sizeable right now. Having posted a couple of items and commented on a couple more, I can see it’s going to take some getting used to, being charged to do all these things. On the other hand, I’m definitely attracted to the facility to set up and offer your readership subscriptions. Things are quite different on Subsocial and I definitely need to spend more time on the platform getting to know more about it.
I know I’m going to learn more about the pros and cons of all these platforms over time and I’ll return with more in-depth thoughts on them at some point in the future.
Twitter Feed
Apart from exploring these new social media sites, I’ve spent ages of my precious time catching up on the Twitter feed. So much useful content from the world of the blockchain gets posted here and I try to check in at least once a day, but on this occasion, I left it for three days! So many incredibly enthusiastic blockchain communities on Twitter. They’re a joy.
Moonbeam
Finally, I managed to find a little time to take a closer look at the Moonbeam project on Polkadot. I’ve been trying to focus my attention on projects that offer both real utility and interest me personally. This one does and it’s one I aim to support in the upcoming Polkadot parachain auctions, which seem to be building up a frenzied head of steam right now. Got myself pre-registered for their auction crowdfund, so good to go.
Until tomorrow…
Renaissance Man
– Earn free PRE crypto when you search.
Why this Diary?
I thought it might be an interesting exercise, as much for myself as anyone else, to keep a diary of my interests and activities in the land of the blockchain and all things crypto, so I’m going to give it a go at writing a short diary entry each day for the current month, November 2021. It will give me something to look back on and assess and it might offer up some entertainment and topics of interest to anyone who happens to read it.
The Usual Disclaimer
Please don’t take any of the above as financial or investment advice. It is intended to be nothing other than a little entertainment and information sharing. Always, but always, do your own research before committing your money to anything.
A version of this post originally appeared on my READ.CASH blog and may also be found on other similar sites.
