Another very valuable aspect to this is that any developer in the world can take the code, create whatever he or she wants to, and attach it to the blockchain. This sends the innovation curve through the roof. Facebook, no matter how it structures things, without a decentralized blockchain, will always have some type of approval process. Plus, most of the programming is going to be done by Facebook employees since all the code isnt going to be out there for all to see.
This takes the innovation and sends it downward.
Totally. You can see the way this has been implemented across the Steem blockchain. Created so many avenues for growth and diversity.
And we are only at the beginning...6 months from now, I am sure there will be many other projects on this blockchain. There might be a few more tokens like Appics, etc....plus other apps could be developed.
Is there someone working on a Steem based facebook? Perhaps so.....
It wouldnt be so far out of the question....