Will Steemit Be The New Facebook - And If So, What Will Happen?
Facebook has become the world's largest social network worth 520,000 million dollars using advanced psychology. "How do we consume as much of your time and conscious attention as possible," founding president Sean Parker remembers the thinking of the people who designed the site that went online in its earliest version in 2004. "This thought process went into building these applications."
The result of Facebook's research was simple, and made Mark Zuckerberg the second-richest person on earth: "We need to sort of give you a little dopamine hit once in a while, because someone liked or commented on a photo or post or whatever. " And then, Parker says, that's going to make you contribute more content, and is going to get you more likes, and comments.
How much stronger will the feedback loop be?
What's the difference to Steemit? Steemit gives you one thing more: money.
So the two-and-one question: How much stronger will the resulting feedback loop will be?
And what will that mean, in drawing new users into the network currently valued at 220 million dollars, the size of a small cap company at the stock market? What do you think?
I really hope it becomes the next Facebook. I'm so sick of that social media platform and it doesn't provide any benefits!