Given Bearshares was a scam. I’m dialing back my efforts on the other two Steem alts Weku and Whaleshares. They have problems of their own too… Weku has had issues with people illegitimately using their bonus and selling Weku since it’s not in exchanges and there is only one witness leaving it very vulnerable and somewhat centralized. Whaleshares has had different issues. Their witnesses were the only ones controlling bid bots (which seemed to be a conflict of interest) but was much worse was that they stopped supporting them after awhile. You had to buy their bit assets for their witness and then send them those coins for votes. The problem is they stopped accepting them without notice or stopped selling them. The main issue I had the biggest issue with was with the FSTFST coin or fiatsteem or “The Goon” on Discord. After purchasing a sum of his coin, he stopped supporting his witness account and I was left dumbfounded. I thought for awhile there must have been a mistake, but after seeing others complain and being ignored for a very long time by The Goon who I was previously in contact with. I’ve concluded that Whaleshares and Weku are not so ideal as once thought. Better I go through this experience and then share it with you rather than you having to though.

If Whaleshares cleans up its witnesses and Weku gets more, we could see major improvements on both platforms. Share and spread the awareness!

This was just a quick update because I’m almost done my massive comprehensive platform review and am mainly focused on that, but wanted to get this out promptly. Let me know what you think in the comments below!


🙌 You can also follow me on:

Twitter –

Facebook –

Instagram –

LinkedIn –

YouTube –

Steem –

Minds –

Whaleshares –

Weku –


BitTube –

BitChute –

Soundcloud Podcast –

You can support me via:

ETH: 0x3fcb3018cbd53e0a6c93048eb5c7199487d7b7fe

Your Remaining Votes (within 24hrs) : 4000 of 4000
9 votes, average: 5.00 out of 59 votes, average: 5.00 out of 59 votes, average: 5.00 out of 59 votes, average: 5.00 out of 59 votes, average: 5.00 out of 5 (9 votes, average: 5.00 out of 5)
You need to be a registered member to rate this.
(1352 total tokens earned)


  1. VG

    I tried creating a Weku account but it wouldn’t accept it. Kind of happy about that now. Never tried bearshares or whaleshares but I think I’ll stick with Trybe for an alternative to steemit. Don’t see that platform lasting much longer either. The circle jerk at the top can only last so long without new accounts being created.

  2. James Diegel

    Thanks Scott… for sure good info to bank for future references. So many social media platforms out there that its hard to know which ones to trust & which ones to beware of, and reviews like this are helpful to say the least 😉

  3. Yandot

    Bearshares is scam ? I dont know about that but they still active on the blogging , Weku and whaleshares is same like steemit, Only whales can rule there without thinking about how new users can get no support! I prefer the Trybe system which cannot be in power even though they have many tokens because the maximum rating is 200 tokens! Thanks for sharing your mind !