Steem Current
Market Cap
$400,979,233
150,179 BTC
Volume (24h)
$9,423,310
3,529 BTC
Circulating Supply
234,227,787 STEEM
Total Supply
251,201,881 STEEM
My favorite Crypto Currency for 2017 has to be Steem. The team is doing amazing things in the social media space with it's Steemit.com platform and the 3rd party Busy.org arriving soon. In 2016 its flagship social media network did not launch without controversy but the fans have stood alongside the founders Dan and Ned and have built an amazing community. I am a proud user of Steemit and the Steem currency.
Steemit's Roadmap contains a bucket list of potential. It mostly centers around scaling, introducing rich new features to attract more users and developers to the platform. In other words, growth is the focus of the document.
The Roadmap proposes faster delivery of services and implementations, in regards to feature upgrades and server speeds. Early adopters of the platform know the server issues we experienced during the massive user influx end-July, experiencing server drop-outs, and so, server upgrades are great news.
New features, such as the introduction of achievements for users, and a status bar for each person to record their progress, are worth the excitement now being expressed by the Steemit community. Adding to that, a new post-sharing reward scheme will be introduced, which gives people rewards for referring posts to others. Steemit's on referral system.
A key feature proposed, at least to me, is the introduced of sub-steems. Although not expressed that way in the Roadmap, Reddit users know exactly what I'm describing. Steemit will be introducing communities for certain topics; dedicated hubs moderated by chosen users. This will allow user to network more with their preferred niche, instead of being lost in the mixing pot Steemit currently is.
If you're less interested in end-user features, then you'll be pleased to hear new developer tools being introduced. Third-party application integration, user account sign-up authentication, side chains for testing blockchain upgrades, and as a pat of decentralizing the @steemit accounts stake, sponsoring Steem-application developers (something we already see being done with projects like busy.org).
Developers will also be interested to hear that, the steem.io site will be getting an overhaul, which will include developer documentation for individuals and businesses that wish to create their own applications on the Steem blockchain. To me, this is one of the standout points of the white paper, being that I am already working toward creating my own third-party application on the Steem blockchain.
All of this, and more, will pave way for the release of Steemit 1.0, which is mentioned once throughout the article like an Easter egg for those of us that really care.