I woke up to Miley Cyrus’ face in my 10 Things You Need To Know This Morning email. “What are you doing to the technology world this morning, Ms. Cyrus?”
Turns out she along with many other celebrities made the news this morning because of their membership to the latest social network: Pheed. I know what you’re thinking. ANOTHER social network? Um ya, pretty much.
Forbes says to think of Pheed as “Twitter, but with a business plan”. In terms of business, I agree because users can decide to charge a premium for their “subscribers” (equivalent to fans or followers) to follow their account or if you’d rather keep it free you can charge them for individual live broadcasts.
But I don’t think think this is comparable to Twitter. At least not what Twitter’s main mission is. On Pheed, you can create a “Pheed” (equivalent to a status update) with up to 420 characters of text and attach different pieces of media like audio, video, and photos that actually live on the network rather than a 3rd party platform like most cases on Twitter. You can even copyright one of your Pheeds if you want… for whatever reason you might have. I haven’t quite figured out that significance yet.
Of course, I had to join this morning to figure this thing out so you’re welcome to see what a Pheed looks like with some of my updates. It’s funny because if we want to compare it to anything I would say it’s like the Subscriber option on Facebook. Photos and video are HUGE and you can comment and “love” a Pheed if you want.
You also have a button we’ve been dieing for on the ‘Book. And that’s the “I don’t love this” button. Heyo! It’s about time. And also a great way for artists to gauge whether their exclusive content is being well-received and should be shared with the world outside of Pheed at all. Very interesting.
Last of the buttons if the “Keep this” button. You can star anyone’s post that you want to refer back to in your “Keepers” timeline. Cool idea if you liked someone’s new song or latest video and want to find it easily later.
By the way, Pheed is all about you sharing your updates to Twitter, Facebook, and Google Plus with easy to access share buttons on the social network. Yeah. They’re ready to take those guys down.
What I like best about Pheed is that they’re not scaring everyone off with requiring a subscription fee and they’re giving content creators a way to make money on social network with their value products. None of it is required for anyone and that’s why I think membership if going to be pretty high in the initial stages. We’ll see if it holds up long term.