Pheed: the future of monetised social media ? | Public Relations & Social Marketing Insight | Scoop.it

Pheed, the new monetised social network, takes off. It combines aspects of Twitter, FB, Youtube, Instagram and SoundCloud. ...

 

Already believed to be the social media event of the year, the team at the head of this new network hope to attract at least 10 million users worldwide. Pheed social networking is on the rise and many are beginning to wonder: will it prove to be competition for the two giants of social media, Facebook and Twitter?

 

In support of this thought, the Pheed app is currently downloaded more than Twitter or Facebook from the Apple iStore. However, this statistic may appear inflated as many users have already Facebook and Twitter applications, and do not need to « redownload » it. Download figures of Pheed mean little therefore, but the buzz is growing, especially amongst youth who are seduced by the concept....