According to a statement made by Meta’s spokesperson to CNN, Meta is exploring a new standalone platform where users can share text updates. This new platform could finally be the hit that could rival Twitter’s popularity which is starting to dwindle since Elon Musk took over last year.
Meta’s spokesperson shared “We believe there’s an opportunity for a separate space where creators and public figures can share timely updates about their interests,”. This is very similar to Twitter’s mission statement.
According to previous reports, the platform is expected to be decentralized, which means users can seemingly create different servers or communities with their own rules instead of a single platform controlled by Meta. This is similar to a feature employed by Reddit and Discord, and does not conform to how the Meta’s platform usually functions.
If decentralized, this new platform would enable third parties to build apps and features into the platform, this would enable third parties to build apps and features, thereby allowing users to explore their experiences beyond what Meta initially designed.
Although, Meta has released no further information regarding the platform including the time of launch and features to be expected on this platform, according to Platformer, “the effort”, which is codenamed P92 is already in its early stage and is being led by Instagram chief Adam Mosseri.
Meanwhile, in recent weeks due to the recent Twitter struggles of outages and policy changes which have led to a drop in the number of advertisers, most startups have begun to capitalize on these struggles and attempted to take a share of the Twitter market but have struggled to gain ground.
Mastodon, a decentralized social network that was launched in 2016, grew its users from 300,000 to over 2.5 million in the final weeks which marked Elon Musk’s takeover of Twitter, but lately, its growth has begun to decline as users struggle to interact with the user-friendly nature of the decentralized platform.
However, a new platform from Meta might not face this hitch due to its larger user base from the company’s numerous platforms, including the 2 billion people who make use of Facebook.
