So.... Steemit in 2018

Source

Steemit Inc have hired new people to make the company a bit less dysfunctional, and have admitted to some major failings. One of the failings Ned took on the chin was the lack of delivery as per the road map. And that's fine, they were a little over-ambitious, we move on. But the problem I have is that they have ditched a timeline all together just leaving people wondering what they are going to do and when. WE have no idea if HF20 is coming Q1,Q2 or ever. The company would be much better off if they announced a rough guide of what they intend on doing to give us users and investors an idea of what we can expect and roughly when.

Ned has also finally admitted that their communication has been shit house over the past year. But instead of putting someone new into the role, he has stuck with the same twit who never communicated before. I'm hoping that we see weekly updates, blog posts, twitter posts, basically anything that shows the community that they are working over there. As I've said before, all it needs to be is a twitter post showing something happening, or Beers with the Boys after a hard week etc. We don't need a press release every week. This is where other companies such as EOS, Powerledger, Tron etc all have a major advantage, they build a community of hype masters that are super excited and promote for them. At the moment all we have is Hive account@stellabelle and her band of merry warriors spreading the word of Steemit on Twitter.

Lastly, Hive account@ned touted the success of Delegation. I'm in 2 minds as to the success of this. On the 1 hand, we have it as a tool for people to reward their community and to operate successful businesses through the likes of delegation leases and upvote selling. But on the negative side, we have the greed factor where assholes such as Hive account@haejin who rape the reward pool for tens of thousands of dollars, while the little guys get mere crumbs. They almost need to invoke a rule that no 1 user can redeem more than 1% of the reward pool to limited the instances of reward pool rape that are going on thanks to blatant delegation abuse.

So I think Steemit is generally on a good path to deliver some good results this year, if they can address the major concerns of the community with regards to real communication and abuse I believe this place will easily be a top 10 currency by the end of the year.