There's only one failure referenced towards STEEM, and that too at something specific: content strategy That is evidenced by Steemit's MoM traffic drop:
Not long ago, the visits were 50M+.
MoM heavy visit falls and a strikingly high bounce rate are not good. The reasoning for that IS that trending is usually full of nothing but dev posts. Acceptance of problems are the first step towards their resolution.
I even cited that most of STEEM's traffic is from search engines, ergo people who do not use it at present. Showing them that this site has nothing but its own dev content is absurd. It's the equivalent of a search-sourced user completing a Medium article and then subsequently being led to a series of Medium's dev updates.
Lastly, I don't give two-bits about your downvote. I wrote this to offer you some insight, which you probably aren't interested in, but could be beneficial to other onlookers.
RE: New Content Platform: ex-Netflix & -Amazon Video Team turns to Decentralization