The network effects are great drivers of any business, as this will depend on the demand for the product or service. The more users will give, the market will, in turn, have more users and need, creating a solid community of users.

 

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The users give the value of a product or service since the increase of users increases the value of the product or service, making both new and old users benefit from it.

Advantages of the network effect

• It generates commitment among users.
• Increases demand.
• Value to the product or service.
• Increases the value of the service.
• More users.

Virality is not the same as the network effect.

Many people need clarification on both concepts. Virality is not the same as the network effect. Virality is given in a single determined time, like a video that goes from phone to phone, everyone likes it, but there comes a time when this video is forgotten.

 

 Created Canva.com

 

While the network effect does that each time villa's growing users use the service or product, it creates a commitment to its users.

Blurt can you use the network effect?

Blurt has disadvantages because its small market has few users, making it only maintain a low price.

But if we analyze in the sense of networks, let's not talk about decentralized, but those that today are centralized. So, for example, Facebook started its steps with a small student test, which in turn was even limiting because it needed an email, harvard.edu. So not everyone could enter.

Today Facebook is one of the most extensive social networks with more mobilization of users.

So Blurt not only needs to go viral, but it needs to have a network effect. It needs to have something that other social networks don't have. Blurt has no negative votes, giving the users the security to claim their rewards.

Blurt's value price is with the rise of the market.

But at the same time, it has an advantage because it also has the Blurt token that is easily accessible, making users can exchange. So it is not only necessary to virtualize Blurt but to make it something of value for each person who uses it.

Each user with #BlurtPower is like a shareholder with a voice and vote within the platform. Between them, we can support the proposals and witnesses, whether large or small, their power.

We need to Blurt to grow not only as a native token for content creation but to go beyond that to have more diverse applications, games, microblogging, and ways to attract more users to the platform.