Are social media apps relevant at the moment?

Question

Social media

I remember watching a report in 2009 where young developers were encouraged to focus on developing social networking applications, as it was the easiest and cheapest way to get the audience they needed.
Since then: mobile phones have become the main platform, a lot of applications have been developed for their stores. But are social media still a good way to release your app?

Answer 1

Obviously, it is necessary to release Android iOS VK for three platforms for Runet and Odnoklassniki if the users are old