I know at times I seem like a STEEM cheerleader. Certainly, this could get irritating at times. However, I want everyone to know this viewpoint is a result of delving into the information available. In other words, it is a well thought out conclusion.
Through my writing, I hope I can educate some and convey what is really taking place. It is easy to get caught up in negativity especially as price action is red for weeks on end. Since the middle of December, the price of STEEM has gone flat to down. Nevertheless, the activity on the blockhchain is upwards.
The Leading Blockchain
Steem is by the leading blockchain. People often look at the number of transactions done here on a daily basis as one of the main reasons for this conclusion. Another aspect to this is the fact that it is also technologically superior to many of the other blockchains. Both of these are true.
Nevertheless, one of the biggest advantages that Steem has is that there are real world applications.
At present, there are close to 3/4 of a million users on this network. We see close to 70K on here each day. These people are posting, commenting, and upvoting content hundreds of thousands of times in a 24 hours period.
Steem is not some far-fetched idea. It is operational with more being added each day. Many of the other blockchains, especially those ranked in the top 20 by market cap, cannot make this claim. People are speculating on the tokens in hopes that the developers accomplish what they set out to do.
On this network, we are past that. Applications are up and running. These real world uses inserted Steem at the head of the class.
The Larger Vision
When it comes to setting a goal, there are a couple questions that come to mind. The first is how big is the goal and the second, how attainable is it?
That is why this blockchain aims to accomplish. To me, I would say that qualifies as a pretty big goal. But is it achievable?
There is one advantage this project has over many others. The Internet is already digitized. There is little change from what is already in operation in this regard.
This is much different than, say, digitizing the art world where tokens are created based upon the value of a painting enabling many to enjoy partial ownership of that asset. While this is a viable route for many physical assets in the future, it is a radical change from what people are present use to.
Change Where People Go
People are already accustomed to going to websites for different things. We log onto social media sites to post, comment, and upvote content. This has been on the Internet for years and billions are doing this each day.
It is said it is much easier to change where people do something as opposed to trying to change what they do.
This is the position Steem is in. Since the Internet is already digitized, we are not creating something that is unfamiliar to people. They also do not have to change how they go about things. The only difference is the name of the website they log into each day. Those who once used Facebook or Reddt now enter Steemit.com (or one of the other apps) to do the same thing. It is the where not the what.
Build It And They Will Come
Steem is a decentalized blockchain and some are just getting the insight into how powerful a concept that is. I stated that blockchain is 100 times more powerful, disruptive, and society changing than the Internet was. The reason for this is decentralization.
On Steem, there is a platform that is operational, advanced, and, basically, "state of the art". The development team keeps adding to it in an effort to improve some of the flaws (Hard Fork 20). This provides creators with the foundation to put up what they want AND what is needed.
We have a handful of applications on this blockchain at present. This will only grow in the future. Over the next few years you are going to see a multitude of web applications created on here. Basically, if there is something you can think up, there is a developer out there who, if he or she is not already doing it, can create it.
Because of the content/reward system built into the blockchain, it is possible that you eventually see everything that is on the Internet on this network in some form. Steem was designed to enable websites to ingrate right into it and utilize all that is on the blockchain. Think of all the different types of sites out there where content is created and users interact. All of this can be tokenized.
What better place to do that than Steem?
These are some of the reasons for my excitement with this blockchain. Being open source, anyone with the ability can come on here and add whatever he or she desires. Throughout the course of this year, I believe you will see many applications emerge which are modeled after other things on the 'Net.
Steem-azon anyone?
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