Vlog 383: The state of Steem.

Yesterday I was on the State of Steem forum.

I thought it was very up lifting.

There is enough talent and expertise on this blockchain to make it succeed outside of Steemit inc. (if that would be needed).

Also, the realisation is hitting home now that for the STEEM token to go up besides the markets (a.k.a Bitcoin, that we don't control) we have to start monetising the blockchain by generating revenue outside of the reward pool.

Which means finding ways to create demand for people to buy STEEM.

Steem Monsters has shown how it can be done by selling packs in exchange for other crypto or fiat.

It can be done with subscription models for apps (Partiko, Steemify, Esteem), Advertisement with possible kickback programs to content creators that generate the most revenue ect. ect.

I talk about it more in my vlog.

ps. I start the the video with a shoutout to Evelyn. Hive account@mattclarke's daughter.