It's do or die time for Steemit. Communities and SMTs should be finished and released. I'm sure the Steemit team is working hard on it, but the current momentum brings a little pressure.
It's a free market at work—is the winning argument.
That's not a winning argument at all. It's just @ned's argument. I heard him say this as an answer to a question at Steemfest2 in Lisbon (the question was much like your post here-above). My jaw dropped and I couldn't believe the CEO of Steemit does not care one bit about growing the community, focusing the reward system to incentivize quality and engagement, but would rather just focus maximalising investor returns.
As a community, we should simply do what we can. Act like we would want others to act. Help each other, foster a positive growing environment open to new members and rewarding quality. If it fails we will try again.
Probably on a different DPOS based blockchain.
However, if Steem survives this year, we might be looking at a $50 - $100 Steem valuation. That's not impossible, I think.
@fitzgibbon steemit Inc is not concentrating there efforts to make steemit better busy is doing it for them.
There main focus is SMT development.
In the future other social media platforms(quora,medium, Reddit etc) will launch their own smart media tokens and steemit will be just like any other social media platform.
Steam inc is trying to tokenize the web and they don't care if steemit fails
Steemit is a proof of concept indeed. SMTs will certainly be a major focus area in the future.
Yes you are right steemit has been in beta for a long time now and Steemit Inc has been using all their resources to develop SMTs.
It's funny when people here say that steemit will over take all other social media platforms let's be honest the big companies have nothing to fear from a company which doesn't have a marketing department and their platform that has a very bad UX design.
You said it! But we're miles from doing this. Many of us have tried and are continuing to do our best.