▶️ Demystifying Blockchain Social And Identifying Red Flags | EP#258
There are so many blockchain social platforms these days that it can be overwhelming to try them all out to decide. Here are some red flags that I look for to save myself a lot of time in deciding if I want to use it and more importantly, recommend it.
These are the red flags that I look for in a blockchain social platform to determine whether I would recommend it to others:
• Too Niche
• Lacking Media Functionality
• Mainly Messenger Based
• Too Much Resistance For Joining Or Usage
• Not Working/Lacking Users/No Engagement
• Invite Only
• Requires Download
• Requires Spending Crypto To Interact
• Non-English
• Requires Verification / Verification Doesn’t Work
• EOS Dapps That Don’t Work
• Not Really Blockchain Or Crypto
• Not Free To Use
What do you look for in a blockchain social platform or better yet, what do you hope not to find on a platform? What do you think of the red flag identifiers I use? Am I missing any and or do you disagree with any choices and why?
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One of the things that I find a real turn-off is if the potential users, including myself, are treated poorly for just asking simple questions.
If I ask how easy it is to convert their token back to FIAT or another crypto, I shouldn't be called a "dumper". I am not investing in something where I cannot easily trade back and forth.
Then they scratch their heads wondering why their token is suddenly worthless.
Yeah definitely agree. You shouldn't be ostracized for asking questions, that's a poor representation of the community
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