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CryptoSML
Feb 2, 2024

Hello BBSers GM 
Today i was going through Dapp Radar (a platform to research and see different DApps built on different block chains) to see where does BBS Platform stands according to various metrics and analysis done by DApp radar specifically in (SOCIAL MEDIA) Category..

As i searched Social Media Category DApps built on all across all chains i found out that there are total 460+ DApps built in SocialFi category across all blockchains..

https://dappradar.com/rankings/category/socialhttps://dappradar.com/rankings/category/social

i have given the link above incase if you want to check by yourself as i saw that there are already 460+ DApps out in Web3 Market although there are few projects which are not listed yet on DApp radar so the number could be well above 500+ imo 

In Social Media Category according DApp Radar data BBS Market is placed at 183rd position out of 460 based on last 30 days UAW 

and if we specifically see EOS blockchain Social Media Category BBS is placed at 8th place in Social Media projects built on EOS blockchain..

As you all can see that the competition is getting bigger and bigger and the Web3 Social Media market is getting launched new projects every other week.. There are 460 Web3 Social Media projects listed on DApp Radar across all blockchains and there are few more which are yet not have launched their token or listed yet so the market is already saturated and the audience has been divided most of the SocialFi platforms i have been through or have used to do research one thing i found common that is only the early adopters and early birds who got a bit incentive in early stage are still active and using those platforms on majority of platforms while the new users inflow is not that much on any platform... 

With this many projects already out in Web3 space it is surely a need of an hour to market your product with different mean and stratergies to reach to masses and attract worldwide audience without marketing there is no way to be known in Web3 space now and i firmly believe a team that is more pro-active,catching and utilizing every social trend and be a trend setter in this evolving space, take step to be a leader in Web3,communicate with Web3 audience across platforms  will gain significant audience and i think which ever platform be able to incline all the above mention points that platform will succeed to get larger current Web3 active audience to their platform..

sitting quitely and putting everything on HOLD is surely hurting the project and all the active members mostly the late 2021 & early 2022 audience are here still using the platfomr in a long time we havent seen any new users joining us or contributing,engaging on this platform and METABBS has been a dry place lately..

With all of us now waiting for the partnership announcement that has been in works from quite a few months now i hope the partnership and marketing finally starts on this platform and it doesnt disappoint the members who are all waiting in anticipation from a long wait now and we finally see this platform thrive and maybe we reach to the Top of DApp Radar Social media category by the year end of 2024? who knows?Its all in hands of the team and the CEO how they market and what they do to make BBS a known app to worldwide audience.. 

What do you all think? will BBS bounce back post BTC halving or you dont seem to see any possiblities how we can bounce back and actually flourish like old days?
let me know your view and opinion in comments..

- BBS Soldier πŸ‘¨πŸ»β€βœˆοΈ

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