Wild Spark by Synereo Review Analysis

WildSpark is a Chrome extension that lets you upvote YouTube videos and earn AMP tokens. It's simpler than Steemit, has a $25M market cap, and pays curators with apparently unlimited rewards. The speaker sees potential for early adopters but warns success depends on user growth and content quality.
Chapters
Hey guys, we're gonna talk a little bit more about WildSpark today by Scenario. And you know, so far Scenario, some who thought it might challenge, you know, applications or platforms like Steemit and some others emerging on the scene, you know, so far it's early days for WildSpark and And I want to talk about, you know, some of the, the uses of WildSpark, what I think the future might hold for WildSpark, and if, you know, WildSpark is going to be a good platform and be a contender, you know, to sites like Steamin and the like. So first I want to say is that, you know, with WildSpark, what we're getting is we're getting something that's very closely tied to YouTube. I mean, it pretty much just runs on YouTube so far. Now, as I understand, they're going to be building other applications on top of Scenario, like the WildSpark application here. But so far, this is what we get. We get, you know, basically where you can, in a sense, curate upvote videos, bring to attention videos on YouTube, and the community can basically amp up the video. And, you know, you get to share with the content creator and for finding the video, things like that. And so in that sense, what you have with WildSpark, a very simplified easy-to-use platform, very quick. And so it's kind of different from what you might get at Steemit, in which Steemit, you know, they're basically writing blog posts, finding really good content through their curation process. And this is creating value for the network. Those posts are also indexed by the Google search engine, and so Steemit is getting a lot of traffic this way, hence building value to the site. And Scenario is based on something totally different, uh, where they're, you know, indexing these YouTube videos. But also Scenario is, um, uh, you know, basically a very small-cap, uh, coin. It's only about $25 million valuation, I think, at this point. Uh, so some of the pros I like about WildSpark is that it is really easy to use. It's not time-consuming. You don't have to be a genius to use this. Probably for a person who is not well-versed with cryptocurrencies, Scenario or WildSpark is probably a good way to get them in a lot easier because there's something they can very simply do Simply Understand. And whereas I think Steemit has created a masterpiece of many moving parts that kind of, you know, form this harmonious platform in a sense, not without its problems, but so far the best we've seen, you know, of this nature, you know, although it has all that going for it, You know, I think Steemit relies on quite, you know, relies on things such as complexity of understanding the cryptocurrency world. It's a lot of stuff going on with Steemit. It's probably gonna rely a lot on good content creators and writers. And if you're trying to pull in, you know, use social media as a way to kind of pull people into the cryptocurrency world and you get these people in, you want to be the next big thing, thing. Well, a lot of people who use social media, you know, aren't going to be good content creators. They aren't going to be artists or create value in that way. But through them using the platform, it's going to create value. So I think one, one good thing about WildSpark is it does do this very simplified thing to get people involved where they can build value using the platform, get them trading cryptocurrency coins and things like that. And so it, it might have a very easy accessible. And that's another thing, it is easy to get at, you know, access to WildSpark so far. You know, it's, you know, you pretty much are in as soon as you register. You know, it's like pretty much an instant thing. Wasn't that way earlier, but it's become that way now. And so, you know, I think those are some good things. So I think it's just kind of gonna be a toss-up, you know, with how people are gonna view WildSpark. You know, I think the camp's gonna be kind of divided into do we want a system that kind of works more like how a Steemit system works, in which you get, you know, a lot of quality content, a lot of information, a lot of great artists and writers, and, you know, you get this and Some of them get rewarded properly, others don't. So do you want a kind of that system, or do you want just a very easily mechanized system where you just kind of upvote and post and stuff and moving on? And I think, you know, we got kind of people in both camps, you know, in that situation. You got people who are more the speculator investor who just wants to move the platform along, wants to move money, wants to make money. And then you got people who are more so want to grow the site, use the value of the site, create this quality content, create this value in the coin, which is, you know, which is a great plan. Uh, you know, also with the Scenario platform WildSpark, they're going to be other things built on. I think they're going in the phases and did various stages where next they might try to build some type of social media platform on top of the scenario, on top of scenario, much like what they're doing here with WildSpark. So I think this is the beginning of it. Very simple to use. I don't think it's a lot of money moving on WildSpark because it's in this beta testing mode. But do I like WildSpark? I do. I like WildSpark. I like it because it's simplified. But my fear with WildSpark is going to be in attracting people. It's not really much here to do, uh, you know, or see. People are just, you know, posting videos and up, you know, they pay an AMP to, you know, upvote their video or to place their video, and then people come in and they can follow and they can do various things. And it's a— they use a Chrome extension So it's kind of, uh, interesting. Uh, how successful will it be? I don't know. Um, but you know, there are some attractive qualities about it, like getting in early. You know, it is at very early stages. The price is at a very early price. So if you're a person who's trying to be an early adopter to the system, you want to use the that opportunity to maybe be at the ground floor as it grows. You know, obviously you're going to get more opportunity here on WildSpark because this is just pretty much starting off and, you know, it's early days. Whereas Steemit now, it's been around, still early days for Steemit too, but it has established its power players, right? It's established its whales, it's established its community. So Like I said, I'm gonna be kind of a toss-up with it. I'm gonna continue to use WildSpark and Steemit and, you know, other sites that do similar things in the cryptocurrency world because I'm just a believer in the safety of having, you know, various platforms, you know, for the end user, you know, as well as the invest in various investors to diversify their investing across various networks. And the competition— strong believer in competition— that, I'm sorry, competition creates better products. When you're the only person doing something, you're the best at it, you can kind of become stuck in this rut where you don't have to improve upon it, where, uh, you know, people who are fed by the system don't think they need to change anything. They're happy with things how they are. But then things can happen where those things change because the system isn't going through an evolutionary process, because the system isn't being improved upon, uh, at the rate, at the scale that perhaps it needs to be. So that's my thoughts on WildSpark, you know, so far. Not a lot. It's early days for WildSpark. I do like the ease of use of WildSpark. But, you know, besides that, guys, it's just, you know, it's just posting videos on YouTube, kind of upvoting the videos, and you basically, you know, and, you know, basically, you know, getting, sharing the rewards, so, you know, posting these videos and there are some great tutorials exactly on how you receive the rewards. Another good thing I do like about the WildSpark system is there doesn't seem to be a limit to receiving, you know, rewards from the videos. I think they can just run the duration forever. So that's something that, say, a site like Steemit, I wish would have incorporated into its platform. But, uh, right there, this is what we got so far, guys. But anyway, guys, uh, if you like content like this, don't forget to like and subscribe. And until next time, guys, take care.
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