I personaly think this is a Great Project with Good bussiness plan for social media industry keeping new and community in touch also
the nature of decentelazied social media platform will keep safe users private data from hackers .
User data security is a section where most of the other social media are making money privately by selling them. Every Giants do it for money these days. Sphere got good potential and I think it'll succeed.
Problem are not the hackers which want to steal the private data. Problem are the platform like Facebook which works with your data to create a profile of you. And sell the information. That's the big advantage of decentralized network like sphere
Its not only about selling your information. Social media companies also use your interests/likes to discrimate you (eg by limiting/blocking users). This is getting more important as large companies get even larger and cover lots of areas in life (think google and amazon).
Mark Zuckerberg has already realized that such obsessive advertising which is made up on the basis of personal preferences is very irritating - as we see that to save the migration of users, he was forced to stop this advertising tape and Sphere can be great alternative.
Yeah, since this platform is decentralized, it will surely have great benefits over its competitors and I hope users will finally realize on what decentralization could offer to them.
It is true that many of the benefits of decentralization of most services are not known to some users, Sphere will have the role of bringing knowledge of this concept to everyone, Time has acted to expand People's knowledge about its Platform, and we see a growth satisfactory of the project so far