We all know steemit,but have you heard of TARINGA,OKWAVE and ZAPCHAIN?
Personally i am n love with steemit and since i am a huge fan of research i ve been looking into the GIVING BACK platform idea a closer look.
I dont doubt that STEEMIT does it the best,but there were other before steemit.
- ZAPCHAIN : According to Matt Schlicht the founder there are some communities within the site that receive more than 100.000hits per month and people get tips in Bitcoin.I know there is a difference between tipping and getting paid,but still,Zapchain says it is giving back thousands of $ in BTC everyday to people who start the most popular posts(if i got it right)! Still,sooner but worse than STEEMIT.
- TARINGA : a 75 million user facebook copycat in Latin America.That one is another deal.Taringa gave 195 BTC in the first six months of it's "reward" program. Head of PR and Communication at Taringa, Agustina Fourquet claims that after the program began the content creation increased by 30%. Personally i think that this is a good user tank,steemit has to target.
- OKWAVE : Third completely different concept.OKWAVE is more of a Q&A platform than a social media one.It also rewards users who contribute valuable content using BTC
Couldn't STEEM be used by those platforms instead of BTC?
Steemit.com began with a magic 10% (1.3m) giveaway to early adopters and developers and now sits at the 5th place on coinmarketcap.com in terms of market cap which is at $ 146,432,516 .
It flew by the third place at some point but it was too early to support it.
It now has a price of $ 1.20 and it reached 4.00$ at some point.
1.20$for a coin that is about 2 months old is a pretty good price and a decent market cap. The steem tokens have to stabilize their price before people actually buy them as a tradeablecoin.
I am talking as a STEEMIT user but also as a TRADER.
Personally i think that in about 4 months time the STEEM tokens will worth about 5$ so i am holding all my steem but i dont know hamy people think like me and are willing to wait for months while price is dropping daily.
My personal opinion is that STEEMIT need to be Financially supported in order to stabilize it's token's price and then be promoted in order to bring in more users,more everyday users and not Crypto-savvy users.
Steemit will soon have competition and need to be prepared.
I guess i dont know what is being done and i would think that ned and dan have already thought of all that but i feel user education is very important.
I would also like your thoughts on this effort i am making to educate a market that may be small but it is enough to jump start a wave of Steem education STEEMIT.gr
Thanks for taking the time,if like my posts follow me 