Steem

in #my8 years ago (edited)

Steem's users have value!

I've just been digging into the numbers lately considering the tremendous growth that the Steem price and market cap have seen lately, and I came across some interesting findings. If you compare the market cap per active user of Facebook and Steemit... Steemit's is 150 times greater than Facebook's!

Steem's market cap: $129 million
Steem total weekly active user accounts: 4333
Steem's market cap per active user: ~$30,000

Facebook market cap: $338 Billion
Facebook total monthly active user accounts: 1.654 Billion
Facebook's market cap per active user: ~$200

Note: I couldn't find weekly active user accounts on Facebook. Also, Steemit has added a lot of users in just the last few days, so the real result should be somewhat less than 150x.

Facebook has 500 million mobile-only users. We need a mobile app.

One other thing that was glaringly obvious from looking at some statistics for other social media platforms is the sheer number of users that are strictly mobile-only. There is on the order of 500 million to 1 billion people that are strictly mobile-only users of various social media platforms. It is absolutely important for us to develop a mobile platform for Steem, as this will open us up to a tremendous amount of new members.

Best,

Trogdor :)

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