Competitors
Steemit
steemit.com
Steemit is a blockchain-based social media and blogging platform where users can create and share content, and earn cryptocurrency rewards (STEEM and Steem Dollars) for their contributions and curation activities. It aims to decentralize content monetization and community building, allowing users to own and control their data and earnings. The platform features a feed of user-generated posts, community-driven content ranking, and a system for user profiles and interactions.
Rationale
Steemit is a social media platform built on the Steem blockchain, which aligns very closely with the concept of an online publishing platform. It explicitly mentions features like content creation, community interaction through voting and comments, and a monetization model based on cryptocurrency rewards (STEEM and SBD) for content creators and curators. The platform also supports user profiles, tags, and a feed for content discovery. The whitepapers further detail the underlying technology that supports these features, including a rich text editor for posts, a distribution and recommendation engine via the 'Proof-of-Brain' algorithm, and a unique monetization model where users earn cryptocurrency based on engagement.
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