Why Synereo couldn't achieve Steemit's success?
Hello my dear Steemians! You probably already read my ReddCoin vs. Steemit analysys. Today we are gonna share a few words about (a platform that you probably haven't heard about before) Synereo and why it couldn't achieve the level of success Steemit already enjoys.
Let's have a look at Synereo's intro video from 11 April, 2015...yes, 2015:
An outstanding introduction to Synereo, right? They propose to create a blockchain based social platform where everybody owns it. Well, we are already on August 2016, guess what? It's NOT about just about having a great idea (or rethinking a great idea) and marketing. You actually need to work on the idea and start it, don't matter if not everything works "perfect" when you start.
Steemit is already up and running and is not just about the technology or the inherent economics of its ecosystem. That's what Synereo guys didn't understand. They just wanted to stay on the "let's think about our great idea" stage... for ages.
Any system is "ideal" when it resides only on your mind, but for actually achieving your idea you need to get things start at some point, taking risks. That's what Steemit dev's did and what Synereo dev's refused to do.
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I also invested in Synereo. Seems they are still working on it and it seems like forever. Things move fast in the crypto space. Not only is Steemit already out but there are multiple other competitors. I'm not advocating rushing things (like the DAO) but you can't leave things too long in this space either. Crypto time moves way faster than regular time.
what are Steemit's other competitors that are out already?
There aren't any:) I doubt the others will ever come out anyway. Akasha is an ethereum project I think so will likely be delayed due to the ether war that is currently ongoing. The Synereo people seem really smart and talk a lot but have been doing that for over a year without anything useable to show.
I actually got reminded of https://www.yours.network yesterday, that might be comparable. though they haven't launched, so don't know too many details.
first discovered it on Medium: https://medium.com/@McKie/how-yours-can-empower-creators-curators-from-all-over-the-web-3ae67d45c0e6#.2ve6ds50d
hasn't been any more news since May, though - so they may have missed the boat...
I've just posted a follow-up with a proposal for Synereo dev's to avoid their disaster:
https://steemit.com/steemit/@argsolver/my-proposal-to-synereo-dev-s-relocate-your-base-to-steemit
Thanks for the post!!
Thank you!
Hi! This post has a Flesch-Kincaid grade level of 13.5 and reading ease of 27%. This puts the writing level on par with academic journals.