If Steemit Inc do not care about user retention, onboarding or developing the Steemit interface - where do you think their revenue will be coming from?
There is little point expanding and developing the road unless the government is footing the bill or users are paying a toll.
Somewhere along the line the app and blockchain developers are going to need to introduce external revenue streams from advertisers etc. SMTs and side chains are good - but we can't print ourselves into prosperity.
Steem (the decentrised blockchain) has a lot of potential - the question remains how developers, including Steemit.Inc can generate income from it outside of the reward pool - though Steem Monsters is giving it a good crack.
SirKnight.
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Steemit did just delegate 2M SP to Oracle-d, which is one group looking to bring investment into the ecosystem.
This is good news - thanks taskmaster.
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@SirKnight,
If your have been reading steemit posts you will be told ad nauseum that:
what matters seems to be the number of transactions so that the blockchain can prosper and not the community that the blockchain is built upon. now we have several sub-communities that are trying to retain users but their problem is the same as that of Steemit!
i agree with you that a philosophy of "build it and they will come" is wishful thinking. Better for Steemit to have focussed on a single dapp to begin with and make it wildly successful
If they said this it was probably in relation to newbies with no SP leaving due to RCs. I agree with this part of it. Afterall, McDonalds doesn't give away its burgers for free.
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