I noticed that there are quite a number of crypto-powered social media popping out in recent years. I believe the most successful one is Steemit, which most of us can agreed on. There are also other social network platforms like Appics, Uhive and etc. I am curious to know if anyone of you is willing to switch from the daily social network app like Facebook, Twitter and Instagram to crypto-powered social network. And if you could, do share your reasons for doing so.
There was a lot of everything. Different projects used ICO as way of easy crowdfunding. They could do it without any regulations and there was at least in 2016 and 2017 a lot of stupid money founding those project that would never get any normal investors.