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According to StockApps.com, Odysee is the number one decentralized social media platform in 2023, with monthly active users reaching 5.3 million.
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The site’s financial analyst Edith Reads comments, ” Decentralized networks have garnered significant traction over the years, becoming viable alternatives for centralized media. It’s no surprise that they are defining future tech considerations, as data privacy proves to be a major turn on for users.”
In terms of users, decentralized networks have to put in a lot more effort to catch up to centralized media. Centralized social platforms like Facebook, YouTube, and Instagram have built up popularity over the years and have gained incredible user support. As of 2023, the three platforms have an impressive MAU of 2 billion each. Platforms like Twitter and Reddit are behind, each with roughly 500 million monthly active users. The full story and statistics can be found here: Odysee’s MAU of 5.3 Million Makes It the Most Popular Decentralized Social Media Platform in 2023
According to StockApps.com, Odysee is the number one decentralized social media platform in 2023, with monthly active users reaching 5.3 million.
The site’s financial analyst Edith Reads comments, ” Decentralized networks have garnered significant traction over the years, becoming viable alternatives for centralized media. It’s no surprise that they are defining future tech considerations, as data privacy proves to be a major turn on for users.”
In terms of users, decentralized networks have to put in a lot more effort to catch up to centralized media. Centralized social platforms like Facebook, YouTube, and Instagram have built up popularity over the years and have gained incredible user support. As of 2023, the three platforms have an impressive MAU of 2 billion each. Platforms like Twitter and Reddit are behind, each with roughly 500 million monthly active users. The full story and statistics can be found here: Odysee’s MAU of 5.3 Million Makes It the Most Popular Decentralized Social Media Platform in 2023
