The Social Media Universe Is Too Big For BCH Powered Platforms
I came across an interesting review of the Social Media Universe, and I realized that the BCH powered platforms are too small and limited. One after each other, noise.cash, read.cash, noise.app and cashrain didn't managed to have a breakthrough when it comes to utility.
The Meta Galaxy (Facebook, Instagram, Messenger and WhatsApp) are true titans in the Social Media Universe, with competition from LinkedIn, Youtube or WeChat. The scale of Meta’s platforms are dominate thanks to their global reach, but there are a number of smaller projects gaining market shares.
I am going Beast Mode in 2023 and some of the things that kept me busy last year will not make the cut. I am sentimental and I find it difficult to quit, but it feels pointless to try to educate people about crypto and blockchain when no one reads me. The truth is that once the free money stopped, the hype was gone.
Facebook has 2.9 billion users, followed by Youtube with 2.3 billion, then three more Meta Platforms are filling the Top 5. YouTube is the only true competitor for Meta's reach, and one of the platforms that embraced the creator economy.
None of noise.cash or noise.app managed to rejuvenate the BCH community, even if the innovating tools brought an onwards movement. I honestly like the way noise.app filled the gap, but it's hard to keep posting crypto staff when the focus is more on flowers and trees pictures.
The same goes for read.cash, where I kept posting every day even if Rusty retired for months. I said I will write until my last fan will give up, but it looks like I am alone in this ghost town.
This is not a good-bye, as I don't quit. This is just a "you will see me less often, or maybe not at all"! Is it the same thing? Don't think so! However, I let stats speak for me, and $1,005 worth of BCH shared in the last two years. As the last crumbs of Bitcoin Cash were shared to those still alive, I don't see any light at the end of the tunnel.
Kim Dotcom managed to create new dynamics when he launched the Beta Version of CashRain, a community-driven media platform that rewards community members with rains of Bitcoin Cash. The tool aims to connects content creators from mainstream social media and streaming platforms with their followers and subscribers.
CashRain is powered by Bitcoin Cash, allowing the creators or Twitch/Youtube streamers to share $BCH to the community members. I joined a bit late but I was quickly amazed by the efficiency of the tool and the ability to boost the followers pool of all type of creators.
As always in the Cryptoverse, everything goes on fast-forward! The members of the Club1BCH shared 0.57 BCH, but then I couldn't create any new cashrains. This was a bit odd as I always paid the active rains and the content was always crypto related.
I didn't give up and created the "DeFi and Stuff" community, which grew slower then the Club1BCH one. The hype was gone and cashrain is now infested by scam tweets, NFT projects that don't make me feel they are real and big value cash rains that never get paid.
It's the people that ruin the tools, or the tool's lack failing to tackle bad actors? Not using the above platforms will probably save me 15-20 minutes per day, which is a considerable amount that will add up in the weekly balance.
Efficiency is the key and can't go Beast Mode without moving forward. The Social Media Universe Is Too Big For BCH Powered Platforms!
Residual Income:
Hive Blogging - LeoFinance, Peakd, etc
CakeDeFi $30 DFI for new users
The fountains: PipeFlare ZCash & Get.ZEN
Publishing bundle: Publish0x, readcash, noisecash, LBRY & Presearch
The "fear" of adopting a new platform and tipping currency (cryptocurrency) is probably the main reason. Most people loved BCH airdrop rewards and joined ReadCash and NoiseCash out of "greed." In the absence of airdrop rewards, most people left.