I have written in the past that the more clear it becomes where a project is going the investment will be less risky but the potential for profit will also be less because you will have to pay more to get in.

Now that it's pretty clear the STEEM blockchain is maturing, not only in development but also in price, I find personanlly more difficult to recommend to anyone to buy it. (Even though I think it will go much higher). It was just easier when it was 15 cents.

I would however always recommend anyone new to crypto to join Steemit and start creating content to take their first steps in the fascinating world.

I do love thinking about the potential of this blockchain and do that every single day.

A lot of the development around the STEEM blockchain is not just coming from Steem inc. A lot of community members build amazing tools and frontends. Some are very well known like D.tube, busy.org, Esteem and Steemify ;)

But some are not. One of them is STEEMBAY.

I have been contacted by user Hive account@pollux.one if I could shed some light on that project.

STEEMBAY allows you to have auctions, just like eBay, on the STEEM Blockchain.

How does it work?

If you want to sell an item or service on the Steem blockchain you make a post about the item you want to sell and include all the info you want to share about the item and include photo's and shipping details.
You fill in #steembay as the first tag and the language of your choosing as second tag (english is standard, "fr" for french, "spanish" for spanish, "tk" for turkish or "deutsch" for German.
After you post the steembay bot will comment on your post with instructions and you can start the auction!

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