Post
Topic
Board Altcoin Discussion
Re: Synereo
by
DecentralizeEconomics
on 05/04/2016, 21:53:27 UTC
So the users have the ideological motivation, but when it comes down to it, they prioritize what is convenient, efficient, and serves real needs they have, such as contacting mom and cousins on Facebook. That is the hurdle the the irrelevant income offer doesn't solve.

This is where we differ.  You think people will perceive the income as irrelevant where as I do not.  Even if they earn enough money to purchase a few meals out a year,

Seriously I've learned the hard way several times in my life with failed projects that humans prioritize their important desires and needs. That income is absolutely irrelevant and worse yet is an insult to many people (which is why ChangeTip must die).


Well, I think calling it an insult is a little severe.  Most people would welcome any money they could earn off their online participation.


I think they will be motivated to join and retake control of their personal online presence.  Most people do not solely rely on Facebook to keep in close contact with their family members.  It is more of a causal liaison point for posting pictures and such.  Imo, changing over to another social network isn't that big of a hurdle for most users, especially when they will be transferring their information not only to a social network, but a social sharing platform which will host not only Synereo, the social network, but also a plethora of other online social software.

Afaics, Facebook is for sharing/interaction/feed amongst strangers, friends and family, with more emphasis on the first two than family.

If the "other online social software" has some compelling features, then they may adopt. I have not yet seen a list of these planned features and an ETA on their implementation.


The technology stack which Synereo utilizes and is built upon is an open source platform which any other type of social interaction software can use and build off of the existing softwares' userbase.


Users have a finite cognitive and time resource which they allocate to the highest priorities in their lives.

How do you explain MySpace losing market share to Facebook?

MySpace was mired into a static page model and failed to innovate and most especially around the network effects of feeds, social updates, apps and games (which is precisely what I realized is the niche I need to go after to challenge Facebook in the long-term but the cases which require a decentralized protocol):

http://techcrunch.com/2011/06/28/sean-parker-on-why-myspace-lost-to-facebook/
https://www.quora.com/What-could-MySpace-have-done-differently-to-avoid-losing-to-Facebook/answer/Edward-King <--- read this
http://www.forbes.com/sites/adamhartung/2011/01/14/why-facebook-beat-myspace/

Facebook is in a similar but worse situation as MySpace was back then.  Not only does Facebook not see the need to adapt to a decentralized setup, but they are in fact, structured in such a corporate fashion that they are unable to do so.  Such a decentralized arrangement would cause massive, if not complete, revenue losses for any centralized social network, which would cause the entire corporation to go bankrupt and cease to be.