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.
I believe that Mark Zuckerberg made a big mistake by banning the advertising of crypto-currencies and ICO. Now it has become clear to people what the advantage of decentralization is! With his act he gave a chance to other projects as Sphere for realization of his ideas!
yes, in my opinion he made a big mistake, he indirectly gave a hand to the projects that believe in decentralization and based on the blockchain as sphere that i think continues to gain supporters compared to other social networks...
He did what he thinks is right and I understand why. For example, how many successful ICO's will be out of, let's say, 1000 randomly selected projects? Like 10-20? That's the point, 80-90% of ICO's are garbage, and he realized that it's much easier to ban totally everything that to allow advertising of only some ICO's. Moreover, the latter some people would definitely regard unfair