Steemit vs Folkd

Struggling to choose between Steemit and Folkd? Both products offer unique advantages, making it a tough decision.

Steemit is a Social & Communications solution with tags like blockchain, cryptocurrency, social-media, content-creation, rewards.

It boasts features such as Social networking platform, Content creation and curation, Cryptocurrency rewards, Decentralized blockchain architecture and pros including Get rewarded for creating and curating content, No censorship due to decentralized nature, Transparent rewards system, Low barriers to entry.

On the other hand, Folkd is a Social & Communications product tagged with bookmarking, discovery, recommendations, social.

Its standout features include Social bookmarking and sharing, Content discovery and recommendations, Browser toolbar and browser extensions, Integration with other social networks, User profiles and activity streams, Tagging and categorization of bookmarks, Search engine for bookmarks, Bookmarklets for easy bookmarking, and it shines with pros like Discover new and relevant content, Get personalized recommendations, Easily share links and bookmarks, Integrates with multiple browsers, Active user community and discussions.

Feature	Steemit	Folkd
Overall Score	N/A	N/A
Primary Category	Social & Communications	Social & Communications

Product Overview

Steemit

Description: Steemit is a social media platform that runs on blockchain technology and uses its own cryptocurrency called Steem for rewarding users. It allows users to post content and get rewarded in Steem for their contributions.

Folkd

Description: Folkd is a social bookmarking website that allows users to discover, share, and track web pages and content. It functions like a personalized recommendation and discovery engine using social bookmarking features.

Key Features Comparison

Steemit Features

• Social networking platform
• Content creation and curation
• Cryptocurrency rewards
• Decentralized blockchain architecture

Folkd Features

• Social bookmarking and sharing
• Content discovery and recommendations
• Browser toolbar and browser extensions
• Integration with other social networks
• User profiles and activity streams
• Tagging and categorization of bookmarks
• Search engine for bookmarks
• Bookmarklets for easy bookmarking

Pros & Cons Analysis

Steemit

Pros

• Get rewarded for creating and curating content
• No censorship due to decentralized nature
• Transparent rewards system
• Low barriers to entry

Cons

• Volatile cryptocurrency value
• Potential for abuse and low quality content
• Complex user interface
• Steep learning curve

Folkd

Pros

• Discover new and relevant content
• Get personalized recommendations
• Easily share links and bookmarks
• Integrates with multiple browsers
• Active user community and discussions

Cons

• Heavy reliance on community participation
• Potential spam in bookmarks
• Toolbar can be intrusive
• Many inactive user accounts
• Limited compared to full social networks

Pricing Comparison

Steemit

• Free
• Open Source

Folkd

• Freemium