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RE: "TOP SECRET" by Craig Grant - STEEM report August 16, 2016

in #blockchain8 years ago

Something interesting to note also is that Steemit is growing extremely fast even by social media standards. In 6 months we could have over a million accounts, whether or not they are active is another matter. Assuming only 200,000 are truly active which is about 20% of the million, and assuming only 1% are truly talented developers, that is 2000 developers who could be heavily motivated to improve Steemit.

That is probably more active developers than Ethereum has right now if I had to estimate. And Ethereum has a billion dollar market cap from mainly developer interest. So I think Steemit has a very bright future if the community comes together to continuously improve on it over the next 6 months.

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only active accounts with more $50 in steem power are relevant to stemit growth, that number is about 3000, and not growing

Bummer :* I think I deserve some power

So it's official. Steemit.com represents zero growth? Not a good sign for a social media platform.