The Next Big Web3 Trend Wasn't on Stage at Consensus

A Story of Missed Opportunities

During the recent Consensus conference, thousands of blockchain enthusiasts gathered together to showcase the latest and greatest projects in the decentralized space. However, while many amazing projects were on display, one important trend was missed entirely. The focus was largely on the technology behind Web3, rather than on the burgeoning trend that could fuel its growth. The Web3 trend that was ignored at Consensus was the rising interest in decentralized social media networks.

Real-life Examples

While many decentralized social media projects are still in their early stages, there are already some notable examples that point towards a trend in the making. Steemit, for example, pays its users for creating content, resulting in a platform with a loyal and active user base. Minds offers users the ability to monetize their content and interact with an uncensored community. Diaspora is another decentralized social media platform that allows users to own their data, keeping them in control of their own privacy.

Main Companies Involved

• Steemit
• Minds
• Diaspora

Conclusion

1. The trend towards decentralized social media is gaining steam, and could be a driving force behind the adoption of web3 technologies.
2. Projects like Steemit, Minds, and Diaspora highlight the potential for monetization, user-driven content, and privacy on social media platforms.
3. Despite the lack of attention at Consensus, the decentralized social media trend is one to watch in the coming months and years as it has the power to truly revolutionize our online interactions.

References and Further Readings

• The Next Big Web3 Trend Wasn't on Stage at Consensus
• Steemit: A Social Media Platform That Pays You For Your Posts
• Minds: An Open-Source Social Media Platform for Freedom, Privacy & Monetization
• Diaspora: A Decentralized Social Network