Size of the Market The long-term market we are aiming for is:
SNS (Social Network Sites): Based on publicly available data up to 25 January 2021, at least 17 social media platforms have 300 million or more monthly active users
Facebook has 2.740 billion monthly active users.
YouTube’s potential advertising reach is 2.291 billion
WhatsApp has around 2 billion monthly active users
Facebook Messenger has around 1.3 billion monthly active users
Instagram’s potential advertising reach is 1.221 billion
WeChat (inc. Weixin 微信) has 1.213 billion monthly active users
TikTok has 689 million monthly active users
QQ (腾讯QQ) has 617 million monthly active users
Douyin (抖音) has 600 million daily active users (note: monthly active users may be higher)
Sina Weibo has 511 million monthly active users
Telegram has 500 million monthly active users
Snapchat’s potential advertising reach is 498 million
Kuaishou (快手) has 481 million monthly active users
Reddit has around 430 million monthly active users
Pinterest has 442 million monthly active users
Twitter’s potential advertising reach is roughly 353 million
Quora has around 300 million monthly active users
Archiving license for stills and videos: estimated at US $3.4 billion (global stills market will exceed US $6 billion by 2023)
Social advertising spend: US $25.98 billion
The current US$ 9.7 billion of influencer marketing will reach US $13.8 billion in 2021.
Users of e-commerce marketing In the latest statistics released by Facebook, it is obvious that this social network is losing its attraction to teenagers and young people. This has contributed to a massive growth hinder. On the other hand, newer platforms like Instagram and Snapchat see double-digit growth for this same demographic. Rising star Tiktok has also been catching up to old foundations. This shows that young users are favoring more trendy and intuitive communication platforms. We believe our crypto reward system puts us in a unique position to engage this audience.
The young generation's social network Facebook or Twitter social networks with the words no longer attract young people. Photo and video social networks became more and more popular. Reaching the younger generation is the dynamic generation that uses e-commerce to shop.
Paying for advertising through social networks to reach users has become indispensable. This type of advertising constantly sucks in the advertising budgets of businesses each year. Significant growth figures.