There are more posts appearing how MEOS is going to destroy Steem and Steemit. Now we are starting to see the idea that STEEM is going to zero.
Of course, there is always that possibility, as with any investment. The issue I have is that it is not going to be because of another application.
So what is MEOS going to be? It is a question none of us can answer for sure other than Dan's tweets that it is going to be a "Steemit Killer".
Does this mean it is going to be a social media site? A blogging site? Which do you think Dan is going to go after?
If MEOS is going to be a social media site, then he needs to give up on the holy grail: quality content.
There is a simple fact that few people want to acknowledge. The Internet, especially social media, is not filled with "quality content". This is a situation that is backed up by numbers.
What are the largest social media platforms?
Here is a list that I found from August 2018. A bit dated, I know but most of them hold true.
https://www.dreamgrow.com/top-15-most-popular-social-networking-sites/
The top 3 are no surprise: Facebook, Youtube, and Instagram. The next two I am not familiar with but 6-9 are Twitter, Reddit, and Pinterest.
Now I ask you, which of those sites, which account for of the top 9, are filled with quality content?
https://www.dreamgrow.com/top-15-most-popular-social-networking-sites/
Going a little further down the list we see Tumblr, Flickr, and Google+. In fact, while looking at blogging stats, Tumblr was listed as the top blogging platform with over 350M "blogs". Anyone who spent any time on that site knows most of the "blogs" are nothing more than pictures that people find around the Internet.
So let's see what these sites are (I will list the ones I know).
Moving to the bloggers, here are the results of some research that was done. Again, it is a bit dated so we can alter the numbers a bit upward.
https://blogging.org/blog/how-many-websites-and-blogs-are-on-the-internet/
According to this, there were about 20M bloggers in 2016. Even if these results are low, let us five fold that. Even if there are 100M, that is a drop in the bucket compared to the entire Internet. With over 3.5B people online, there are a lot more non-bloggers than bloggers (less than 1%).
So is Dan going after the blogging community or is he going to set up a social media site? If it is the later, kick the "quality" idea to the curb. This actually isn't a bad idea since quality appears to be a holy grail on the entirety of the Internet. There is not a lot of it out there in comparison.
Maybe it is reflection on humanity but this is what people would rather post.
It is interesting to note that Stan Larimers project, Ruon, notices what the trend it. It caters to millennials and how they use the Internet.
RUON AI is a highly sophisticated, next generation Artificial Intelligence social media, chat, banking and entertainment mobile application built on Sovereignsky, space-based blockchain technology, created to help eradicate global extreme poverty.
RUON is the only social media app that allows you to earn real money and app coins for posting videos, pictures, comments and MyVideo stories. Expertly designed to reward you for the number of shares, likes and posts that you contribute to the network.
The trend is clear: more mobile, quicker content, more frequently.
This is where the activity is which means value. Anyone who wants to see the network effect take place, this is where it is at. Blogging platforms like Medium and Blogger are nice but they are not where the masses are.
The industry would be well served to learn this lesson.
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