Threads, a Twitter competitor of Meta Platforms, attracted 100 million sign-ups in just five days of launch, according to CEO Mark Zuckerberg, ousting ChatGPT as the fastest-growing website to accomplish the feat.
Since its Wednesday launch, Threads has had record-breaking
user growth. With the addition of celebrities, politicians, and other
newsmakers, the platform is considered by observers as the first significant
competitor to the microblogging service owned by Elon Musk.
In a Threads post announcing the achievement, Zuckerberg
stated, “That’s mostly organic demand, and we haven’t even turned on many
promotions.” The app reached 100 million users significantly quicker than
ChatGPT, which is owned by OpenAI and broke the record for fastest-growing
consumer app in history in January, roughly two months after its release,
according to a UBS research.
Threads still has to make up some ground. In July of last
year, as per the company’s most recent public statement before Musk’s
acquisition, Twitter had close to 240 million monetizable daily active users.
In response to the introduction of Threads, Twitter issued a legal threat
against Meta, claiming that the social media giant had utilised its trade
secrets and other sensitive information to create the programme. Legal experts
assert that it may be difficult to substantiate the assertion.
Many other social media platforms that have emerged in
recent months as users have chafed at Musk’s administration of the service have
a striking similarity to Twitter, including Threads. It accepts links, images,
and videos of up to five minutes in length, and postings can be up to 500
characters long. Additionally, the app does not yet include a direct messaging
feature or a desktop version that some users, such commercial organisations,
depend on.
Additionally, it does not yet have hashtags or keyword
search features, which restricts its usefulness as a platform for users to
follow real-time events like they regularly do on Twitter as well as its
attraction to advertisers. However, experts said that Twitter’s unrest,
particularly newly enforced restrictions on the quantity of tweets users can
view, might benefit Threads in luring users and advertisers.
The Threads app does not now have any advertisements, and
according to Zuckerberg, the business won’t consider monetizing until it is
obvious how to reach 1 billion users. Adam Mosseri, the president of Instagram,
stated last week that Meta was not attempting to take the place of Twitter and
that Threads was intended to concentrate on light topics like sports, music,
fashion, and design.
He admitted that politics and controversial news will
eventually appear on Threads, which would be difficult for the app that bills
itself as the “friendly” alternative for online public dialogue.