I wonder why people aren't seeing the value and potential in Sphere Social platform. The team has a lot planned out for the project. I'm afraid the poor funding might hamper the progress of the project. The team would need huge funds for marketing if they want to be of interest to users of existing social networks. Anybody knows If the project will continue regardless of how much is raised?
Social media is a common niche, and there are a lot of competitors, so this is actually a tough competition and i hope the sphere team have planned some good new innovation and ideas for the platform.
We cant expect there will be many people come when sphere's progress is still small and its still a basic social media.
But they already hit the softcap anyway.
Well the future will show if they can get a major share. At least in crypto they will have good chances but for the regular users we will have to wait if the word will spread enough.
Social Media is a saturated market whether it is done through a blockchain or not. Even Facebook is losing users in drove. If Sphere doesn't pitch more on the virtue of their trading platform, it will not gain too much momentum.
To attract new users you have to come up with something unique and be one step ahead of everyone.
That is unfortunately true. But facebook and Instagram for example are losing people, especially professionals, because they change the algorithm too often. This could be a chance.
Social networks have always been on the rise. As long as the team keeps the project standing, Sphere has a lot of chances.
People were skeptical at first with any of the networks, and as long as others lose people, I think Sphere will be an opportunity.
I think everything starts from the team, and us. If we can convince our family or circle of friends to go to Sphere, maybe they will do so as long as they feel good and safe here.
I think that their strong point is the security of the data. That's a huge advantage compared to others if they know how to promote it.