Ethereum co-founder launches Steemit competitor - AKASHA. What can we learn?
AKASHA, a next-generation social media network powered by the Ethereum, IPFS and pays in Eth?
For the past year we have worked on AKASHA, a next-generation social media network powered by the Ethereum world computer and the Inter-Planetary File System. Today, May 3rd, we celebrate World Press Freedom Day by unveiling our project to the world at large and opening the signups for the alpha release.
The blockchain social media scene is heating up!
AKASHA certainly seems very similar to steemit:
- Content published on a decentralised blockchain
- Vote for entries
- Good content is rewarded with Eth
- Open Source
What appears to be quite different though is in how it's being presented to the world - as a means of enabling unfettered freedom of expression.
There is no doubt steemit now has serious competition on the horizon, but steemit is here now, it should be able to capitalize on this first mover advantage, while also learning from AKASHA.
What can we learn from AKASHA, how can steemit pivot to ensure it's differentiates, in what looks like will become a crowded market?