“Granting the lost respect for contents” : Heads turned to Steemit, PIBBLE

Hyungjoon Yoo
PIBBLE
Published in
2 min readApr 1, 2018
Public ICO has started!

Facebook, one of the largest social network service provider in the world, is reported to have been profiting by utilizing contents and information of users. Due to this incident, people have started to look for SNS that can replace Facebook. Especially, “Steemit,” a platform that promises to respect and reward people for their contents and “PIBBLE,” an image version of Steemit are few of the highly anticipated cryptocurrencies that has the potential to replace Facebook.

Facebook’s reported sales of last year’s fourth quarter is $ 12.95 billion. This is a 47% increase compared to the same period two years ago. The key to this growth was advertisement. In the fourth quarter of last year, 99% of the revenue, or $ 12.78 billion, was generated from the ads. Facebook uses its users’ content to generate massive advertising revenue but it has no intention of paying the fair value of their content.

Steemit and PIBBLE started from the same grounds that is very different, if not opposite, from Facebook. Both platforms provide instant rewards for posting creative works such as writings or photographs. Also, the more “likes” you receive from other users, the more rewards you get. This is to motivate users to provide real and helpful contents. However, if Steemit is word version of this, PIBBLE is the image version of this.

(Translated from Korean to English)

Original article: http://www.ekn.kr/news/article.html?no=35283

There was a positive article about PIBBLE which was worth sharing.

Our Public ICO has started by the way! Participate quick if you want to :D!

Official website : pibble.io

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