Steemit vs Upvotocracy

Struggling to choose between Steemit and Upvotocracy? 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, Upvotocracy is a Online Services product tagged with crowdsourcing, voting, consensus, prioritization, suggestions.

Its standout features include Crowdsourced decision-making, Upvoting/downvoting suggestions, Streamlines consensus process, Democratic choices for groups, Collective decision making, and it shines with pros like More democratic than unilateral decisions, Leverages wisdom of the crowd, Better decisions from group input, Easy way to get group consensus, Scales decision making to large groups.

Feature	Steemit	Upvotocracy
Overall Score	N/A	N/A
Primary Category	Social & Communications	Online Services

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.

Upvotocracy

Description: Upvotocracy is a crowdsourced decision-making platform that allows groups to make choices democratically through upvoting and downvoting suggestions. It streamlines the process of achieving consensus and makes it easy to collectively decide on anything from where to go for lunch to which product features to prioritize.

Key Features Comparison

Steemit Features

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

Upvotocracy Features

• Crowdsourced decision-making
• Upvoting/downvoting suggestions
• Streamlines consensus process
• Democratic choices for groups
• Collective decision making

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

Upvotocracy

Pros

• More democratic than unilateral decisions
• Leverages wisdom of the crowd
• Better decisions from group input
• Easy way to get group consensus
• Scales decision making to large groups

Cons

• Individual voices can get drowned out
• Popularity contests can override good ideas
• Requires group participation and buy-in
• Consensus slower than top-down decisions
• Can lead to compromise decisions

Pricing Comparison

Steemit

• Free
• Open Source

Upvotocracy

• Freemium