One of the main reason why we should even powerup. First to market, strong team and miles ahead from the competition
Steem is the first blockchain to rewards it's user for creating content. There has been a lot of growing pain and lessons taken in the past 2 years. But it's already at the scaling stage with #HF20 coming soon. If a competitor were to come in, there would be a lot of catching up to do to compete successfully with steem.