Blockchain-based social media platform creation is an excellent idea. I think it fits the spirit of Blockchain.
Although Steemit was the first pioneer, he faced some problems and gradually began to lose his old importance.
In recent months, Steemit has launched a new campaign called #Newsteem, for resurrection, but I have questions about how well this campaign has gone.
Frankly, I would like people to abandon centralized social media applications like Facebook and Instagram because these companies have been repeatedly proven to steal user data, which is not pleasant.
There are too many blockchain-based social media apps around, but I think none of them sounded like Voice.com. I am looking forward to this application designed by the EOS team, which is still in the project phase.
Steemit is a good project. I think it's a good idea to "resurrect" it. I kind of think that whole thing should be started afresh especially now that market is abit stable.
Some things need to change to make Steemit more appealing to more people like facebook. It should be easy to use too. There should be great ways to promote it to the grassroots with little budget considering it's not really a profit driven thing.