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10 Best Decentralized Social Media Platforms in 2023

by CoinEsper
Published: Last Updated on 4 minutes read
Decentralized Social Media Platforms

Decentralized social media platforms have gained increasing popularity in recent years due to their focus on privacy, free speech, and decentralization. Unlike traditional social media platforms, which are controlled by a single company or organization, decentralized platforms use blockchain technology to distribute control and power among their users. This allows for a more transparent and democratic system, as well as increased security and privacy.

In this article, we will explore the 10 best decentralized social media platforms of 2023. From Steemit to Sapien, these platforms offer a range of features and benefits for users looking for a more decentralized and empowered social media experience.

  1. Steemit

Steemit is a decentralized social media platform that rewards users for creating and curating content.

It is built on top of the Steem blockchain, which allows for fast and secure transactions.

Users can earn Steem, a cryptocurrency, for their contributions to the platform. Steemit is known for its strong community of content creators and its focus on free speech.

Steemit: a decentralized social media platform
  1. Minds

Minds is a decentralized social media platform that prioritizes privacy and free speech.

It is built on top of the Ethereum blockchain and uses a cryptocurrency called MINDS tokens to reward users for their contributions.

Minds allows users to earn tokens by creating and curating content, as well as by participating in the platform’s referral program.

  1. Hive

Hive is a decentralized social media platform that was created as a fork of Steemit.

It is also built on top of the Steem blockchain and allows users to earn Hive tokens for their contributions.

Hive has a strong focus on community and has implemented features such as customizable profiles and the ability to create and join groups.

  1. Mastodon

Mastodon is a decentralized social media platform that is based on open-source software.

It is not built on a blockchain, but rather uses a distributed network to store data. Mastodon allows users to create their own “instances,” or communities, with their own specific rules and guidelines. It is known for its emphasis on free speech and privacy.

Mastodon: a decentralized social media platform
  1. Peepeth

Peepeth is a decentralized social media platform that is built on top of the Ethereum blockchain.

It allows users to create and share content, as well as interact with other users through direct messages and mentions.

Peepeth is known for its focus on simplicity and minimalism, as well as its use of smart contracts to enforce its terms of service.

  1. Only1

Only1 is an alternative NFT-powered social media protocol built on Solana. It is different from traditional centralized social media platforms like Twitter and Facebook by being a decentralized platform.

Although it is a decentralized platform, Only1 uses non-fungible tokens NFTs to allow content creators to directly interact with their fans without the need for third parties. 

The app also has its own native coin called LIKE, and the coin is used to reward both creators and fans.

With Only1, users get direct remuneration for generating user attention.

  1. DESO

DeSo is the first layer-1 blockchain custom-built to decentralize and scale social applications to billions of users.

With DeSo you own your social graph. Every piece of data that is posted on the DeSo network is stored on-chain and is owned by the users.

It is also incredibly easy to port your social graph, content, NFTs, and coins between applications built on DeSo.

There are over 100 apps available on DeSo. These range from social media and NFT projects, to commerce and music.

DESO Decentralized Social Media Platforms
DESO: decentralized social media platform
  1. Memo

Memo is a decentralized social media platform that is built on top of the Bitcoin Cash blockchain. It allows users to create and share content, as well as interact with other users through comments and likes.

Memo uses a cryptocurrency called BCH to reward users for their contributions. It is known for its focus on fast and cheap transactions, as well as its ability to handle large amounts of traffic.

  1. Akasha

Akasha is a decentralized social media platform that is built on top of the Ethereum blockchain. It allows users to create and share content, as well as interact with other users through comments and likes. Akasha is known for its focus on privacy and security, as well as its use of the InterPlanetary File System (IPFS) to store data.

  1. Sapien

Sapien is a decentralized social media platform that is built on top of the Ethereum blockchain. It allows users to create and share content, as well as interact with other users through comments and likes. Sapien is known for its focus on community, as it has implemented features such as customizable profiles, groups, and events. It also has a unique feature called “Sapien Rewards,” which allows users to earn cryptocurrency for their contributions to the platform.

Decentralized social media platforms offer a range of benefits for users, including privacy, free speech, and decentralization. In this article, we have explored the 10 best decentralized social media platforms of 2023, including Steemit, Minds, Hive, Mastodon, Peepeth, Sola, Yours, Memo, Akasha, and Sapien. Each of these platforms offers unique features and benefits, and is worth considering for anyone looking for a more decentralized and empowered social media experience.

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Happy reading!

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