Is Reddit and Noise Social Websites a Threat to the HIVE Ecosystem?

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When your community has more general stores, the profit rates for all of the merchants will be shared. This is due to the fact that customers will select general stores based on their requirements and interests. However, only that general shop will be more successful in attracting people by offering high-quality things at low prices. The same is true for social media platforms, where everything is dependent on the quality and advertising tools.

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REDDIT AND NOISE CASH SOCIAL CONTENT WRITING PLATFORM

Small social content writing platforms like Reddit and Noise cash are not too challenging, but they can cause problems for larger platforms like Hive, Steemit, and Blurt. Why is this so? Because there is no such thing as a quality post criterion, and you don't even have to count the number of words, and individuals who enjoy micro blogs will favour social platforms that allow mini blogs while also offering money.

However, they will never compete with HIVE because there are more possibilities for material with a fair reward that consumers can receive. This ecosystem is quite large to use, and there are several posting methods available. They give you with hundreds of communities where your daily posting would be most appropriate. However, there is none in noise or Reddit, and they are severely constrained because they cannot afford such updates and other features. People who use hive and steemit are also using reddit and noise to earn a small income from mini blogs.

The advantage of the hive ecosystem is that it has its own native coin, HIVE, whereas Reddit, Noise Cash, and other social sites do not. One of the main reasons they won't compete with hive is that there is no proper investing system and no proper revenue system. All earnings are based on donations, which are difficult to obtain, but there may be users who are unaware of the hive ecosystem.

Proper advertising may contribute to the success of the HIVE ecosystem. If proper advertising is done, there is little doubt that we can compete with Facebook and other well-known social media platforms. When I mentioned the Hive ecosystem to my society and community members, they were still clueless and did not know about this blogging platform. However, when I asked about Facebook, Twitter, Whatsapp, and other social media, they were well informed, which is a good example of proper promotion.

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UNDERSTAND THE IMPACT OF ADVERTISEMENT

I persuaded them to join the Hive bloggin platform and told them that instead of doing posts on Facebook for free, it is better to join the Hive platform, which would pay you when you complete your articles. They became interested and asked numerous questions about it, so I invited them to organise a meeting so that I could better explain the ecology. That is to say, excellent advertising has tremendous power and can transport you from the ground to the sky.

If proper advertising continues on the other side while we do nothing on our end, the hive ecosystem will face difficulties. It is preferable to publicise the hive platform in your community and start a trend. If doing so benefits all HIV patients. The more users there are, the lower the price will be, which will benefit all of us.

That is my attempt to present you with some differences and essential aspects regarding various blogging and content creation platforms. I hope you find this post instructive and useful. If you find the content useful, please reblog it so that it reaches as many people as possible and that they may benefit the most. Also, remember to upvote, which will help me monetarily and expand my account. Please feel free to ask any question, and I will do my best to answer it.

  • NOTE: PICTURES ARE TAKEN FROM CANVA AND EDITED IN CANVA.

DISCLAIMER

Please keep in mind that I am not a financial advisor. Never, ever take anything I say as financial advice. Conduct your own research. Before making any investment decisions, consult with a professional investment advisor! My posts are strictly for entertainment purposes!!

Thank You!
Best Wishes.

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