When Wikipedia co-founder Jimmy Wales revealed his plans to challenge the dominance of Facebook and Twitter in the space of social media with his new WT.Social, the new invite-only social media platform, little did anyone know-how internet users are going to respond to it. But within just a month of the public launch of WT.Social the platform has attracted over 200,000 active users.
The fast-growing social media platform is able to attract the eyeballs of users who are rushing to join the waiting list already exceeded 1 lakh now. Yes, you read it right, there is a long wait period for new users as the WT.Social wants to stay committed to its promise and objective – the unbiased, hate-free, ad-free network that exists for meaning discussions.
Fake news and users’ privacy is the biggest challenge Facebook and Twitter are struggling with. Despite all the claims and promises made by the management of these platforms, there have been various incidents in the past that have shaken the confidence of their billions of users worldwide.
WT.Social is trying to leverage the rising concerns of users. Similar to Wikipedia, the platform’s objective is to create a free social platform that is open and editable, besides being ad free. Undoubtedly, WT.Social seems to be a perfect alternate of Facebook and Twitter, especially for those who are concerns about their privacy and would like to engage in healthy discussions.
WT.Social: Fighting A Tough Battle Though
In spite of all the promises offered by WT.Social that address the real concerns of most of the social media users, a number of people are still sceptical about the growth of the new social platform. Though Facebook and Twitter failed measurably to solve the issues of data privacy, fake news and social engineering, the platforms are highly popular for their entertaining content that is no less than addictive as well. This has helped Facebook to acquire 2.44 billion monthly active users, while Twitter is having over 341 million users on its platform. What’s more surprising is that in spite of all the criticism faced by these platforms the user base continues to swell with each passing quarter. Hence, people believe that existing social media platforms, especially Facebook, has become too big for any newbie to compete with.
The other reason could be the failure of platforms, likes of Mastodon and Minds, who attempted something similar to WT.Social but have either failed or so far achieved very moderated growth. Minds, an open-source social networking platform founded in 2011, has only 1.25 million registered users, of which only 100k users are active on a monthly basis. The growth story of Mastodon is not so different either.