Facebook is the giant that is conducting social media, and with a billionaire Revenue since it's launch, and with all the aggregate companies, Instagram, WhatsApp producing also Billions of Dollars, the Empire don't see to reduce the Growth.
Despite having trouble with the US regulators concerning breaches and leak users info and paying billionaires sums in dollars resulting from the scandals, the company isn't showing signals of recession but it's more stronger than ever!
It's notorious the Battle to impose their crypto project of stablecoin, the Libra, but with all controversal ideas and regulations fight to release it, seems that the project still marked to be live yet this year.
The world is concerned with the huge userbase from the giant Media Firm, but the users (potential customers) are quite interested to see what that project of stablecoin, will bring new to the world.
No one until now, seems to dethrone Facebook and lately many Blockchain based social platforms launched their projects but, the necessity of first, get people the conscience that, their data is valuable and despite being stolen and sold to third parties, they can earn money from it and create a complete decentralized way to become the social media more fair to all.
Its clear that, Blockchain companies who are entering into social media may first become decentralized, giving users the power to decide what is good for them!
Am hoping one day to see a company who can dethrone Facebook and become the new social media king!
**Image from pixabay.com
