SNAC vs Steemit — Who Will Stand Tall Among The Blockchain-Based Social Media?
While blockchain was once known merely as the building blocks used to make bitcoin, it’s now being hailed as a world-changing technology. The past year has seen a huge rise in companies using the blockchain to form innovative, decentralized businesses. However, one of the largest trends we’ve seen is the prominence of blockchain social media apps.
Steemit — a blockchain-based blogging and social website, was the first one to take the leap and opened up new horizons for developers and crypto lovers. It calls itself as ‘a social media platform where everyone gets paid for creating and curating content’. Steemit was launched in March 2018 but by the mid of July, it became a sensation for the crypto-enthusiasts. After all, it was the first time people were seeing a platform where they could earn bucks (in the shape of Steem tokens) for creating content. But do you know:
Uploading an image on Steemit requires somethimes a short command that can be found by clicking down on the right corner named “ Styling with Markdown”.
The command looks something like: ! xxxx [ ] xxxx ( )
Steemit could only attract the people who already had the basic know-how of crypto and blockchain. Thus, it couldn’t achieve its ‘blockchain mass adoption’ dream. To tackle this issue, many other DApps were rolled out like Akasha, Sapien, Dtube etc, but most of them died before they even got attention within the blockchain-community.
Here are a few of the main reasons why Steemit couldn’t move the
1 — The Features
Ok well not everyone talks about it but let’s be honest: Would you compare Steemit with Facebook or even with Instagram or Twitter? No, right? As many others would call Steemit as a ‘Reddit on Blockchain’ or the best alternative to Medium for crypto lovers, it surely doesn’t fall into the social media category where Facebook and other giants stand. And one of the reasons for this is the limited set of features that it offers which we will talk about in details in the infographics.
2 — The Complex Rewarding System
The second problem is that people who are new to Steemit.com think that writing compensation will be given in proportion to the number of votings, but that’s now how it works. Steemit.com’s writing compensation is not necessarily proportional to the number of recommendations. So, to understand this, you have to explain it using very difficult mathematics, and most of the time they don’t understand and you also don’t fully understand (neither do I while writing this blog post), even if you explain it. So, most of the early users say, “This system is like a #%$#.” And then he leaves Steemit and does not come back.
Same goes with the way people upload photo and videos. Just try it yourself and I bet it would take you at least half-an-hour before you figure out how to upload the image.
3 — The Interface
Steemit is a blogging platform so it doesn’t have the basic SNS features like real-time chat, group/communities, customized stickers etc. Above all, it is not even available on the mobile devices.
Due to all these issues, within less than an year, Steemit lost its popularity and it was reported that Steemit laid off 70% of its staff.
To tackle these issues and to bring blockchain to mass market, Sigmachain launched their first DApp called SNAC that has already achieved a big success during its early beta phase.
What is SNAC?
SNAC is a blockchain-based social media that rewards both of its content creators and content consumers. With a beautiful UI/UX, and available on cross platforms (phone, desktop, and web versions), it is revolutionizing the way content monetization works.
SNAC allows its users to post text, photos, videos and stickers to create various kind of engaging content and share it with their family, friends, colleagues, and communities. Using SNAC, anyone can get rewarded in the cryptos for the quality content they create and for actively engaging with the community.
You can sign up on SNAC through the website: http://snacpia.com
Or download the SNAC App on iOS App Store & Google Play.
Unique features of SNAC
- Rewards: Share your content with the world using text, photos, and videos on SNAC Feed. Users get rewards for the contents they upload.
- Chat: By using the real-time chat feature, users can upload photos and videos within a 1:1 private chat or a public group.
- Wallet: On SNAC wallet, one can easily view transaction history and exchange/transfer coins.
- Betting: High-quality contents are selected based on the number of ‘likes’ and ‘votes’. Rewards are given to the respective content creators, voters, and bettors.
- Fork: Fork lets users gather people’s opinions and turn the collected data into useful insights for better gains. Fork Participants are also rewarded with tokens.
- Game (Let’s Go): Features exciting games that users can immerse in. Compete with other gamers & get extra rewards in accordance with the ranking.
Details of most of the features can be found in this article and here are the 3 ways how SNAC takes the lead in the blockchain-based social media war.
TLDR; No doubt Steemit pawed the way for developers to build applications on blockchain, the non-friendly and complicated nature of Steemit are the main hindrances towards bringing blockchain dapps to the mass market. SNAC, on the other hand, is the answer to all these problems and is the all-in-one DApp that everyone must-have. Having features of Games, Real-life chats, Groups creation, Content Betting, and many more, it is by far the best blockchain-based reward sharing DApp.
Sign-up right away on SNAC and start earning crypto-tokens.
To know more about SNAC, read this article and if you have any questions, don’t forget to join our Telegram:
