BLOOMBERG REPORTS: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

The NEWS GIANT Bloomberg reported on April 10, 2018 and our STEEM, STEEMIT AND DTUBE were making HEADLINES!!!
“With blockchain, people will finally have the chance to be rewarded for their time, attention, and data. No longer will their valuable data be controlled by a few giant companies.” -Dan Novaes, co-founder and CEO of Current.

The less centralized platforms keep more power—and potentially, privacy—in the hands of creators and users, says Ned Scott, who runs the Steem-based social network Steemit. In lieu of ads or selling user data, sites such as Scott’s rely on user growth to make their digital tokens ever more valuable. “The whole experience is more transparent,” he says. “There won’t be many single authorities dictating how social media operates.” Two-year-old Steemit has about a million accounts and added some 120,000 last month, according to Scott. Rival LBRY has about 600,000 registered users.

Please read the full article here;
https://www.bloomberg.com/news/articles/2018-04-10/youtube-and-facebook-are-losing-creators-to-blockchain-powered-rivals

Source of images: Google Images.