Too many people look at Steemit as a reflection of STEEM. It is wonderful that Steemit.com is growing. However, it is imperative to remember it is simply an interface into the STEEM blockchain. STEEM is the currency that is used on the blockchain of the same name.
Steemit is not STEEM and STEEM is not Steemit.
People seem to want to let their view of STEEM be isolated by what takes place on Steemit. While it is the first app designed on this blockchain, it is still just that: one app. There is so much more to this.
Of late, I posted the Alexa ranking of D.Tube to show how much that is changing. While the app is still working out some of the bugs, the development team over there is doing a great job. Nevertheless, I posted these rankings about 9 hours ago:
This is the ranking as of now:
As I have repeatedly mentioned, what is most interesting about this is not the ranking as such but the pace of the growth. Looking at the chart, it is almost a straight up path. Over time, we should see this level off a bit yet it is impressive how that site has moved considering it is a little over 3 months since it first ranked.
D.tube was helped out great by a delegation of 1M SP by 
I bring this point up because Steemit.com is in the process of powering down. It has received over 5M SP out of the 71M it will receive over 13 weeks. This is a major move of which nobody from Steemit is discussing.
https://steemit.com/steemit/@preparedwombat/more-about-the-huge-steemit-power-down
And if you go to https://steemworld.org/@misterdelegation and click on the Delegations (Out) tab, you’ll find a 500,000 SP delegation to
that was done today. As well as several large delegations to
,
, and
all done exactly a week ago, not long after
’s power down started.
So Steemit, Inc. is delegating lots of SP to these, much like it did a bit earlier with
This is wonderful news for those who are holding STEEM. Again, it is easy to forget there are many other apps on this blockchain that have the ability to attract users. These users do not have to be on Steemit for us to benefit. Their presence on the blockchain means that STEEM will be more valuable.
Let us take a look at some of the other rankings:
Dmania.lol
Dsound.audio
Once again, the rankings might not be that impressive but the pace of growth is. Look at Dmania,it has a growth curve similar to D.tube in October and November...straight up. And Dsound, after a pullback, seems to have regained its footing.
And now it appears they are getting delegation from
It is easy to get caught focusing upon the application we all utilize daily. Nevertheless, this is just a small piece of a much larger entity.
Think of it this way.
Android Operating System
Apps:
Gmail
Chrome
Maps
Drive
YouTube
Hangouts
Steem Blockchain
Steemit
Dsound
D.Tube
DLive
Steepshot
Zappl
Dmania
While not a perfect comparison, it illustrates the point. Thinking of Steem as Steemit is akin to identifying Google as only Gmail. It is only one piece.
There now appears to be a major push to lift some of the other apps to prominence on this blockchain. Remember, they are all part of the same entity in the sense that the value is in the blockchain, not the apps. Holders of SP will benefit by the advancement of any app(s) since they are all part of the same ecosystem. The same will be true for all tokens created using the SMT protocol.
Over the next couple years we are going to see hundreds of apps added to this blockchain. Some are going to be wildly successful, others not so much. Nevertheless, all will benefit the holders of STEEM.
I hope this helps the next time you get down on Steemit about something. Looking at this through that lens is missing most of the picture.
If you found this article helpful, please give it an upvote and a resteem.
To receive the free basic income tokens you are entitled to and help end world wide poverty, please click the following:
Pictures by Google Images