here's a video we gladly share and introduce to watch first:

and there are still confusions and doubts about this business plan that works well on a social media platform:

but here's the quote:
“The latest to hit the social scene is a platform called Steemit, who’s CEO Ned Scott, calls it an incentivized social media platform that pays its users with the digital currency Steem to post blogs on their favorite subjects”

this common quesion of "where does steemit get money to pay users for posts?" doesn't make sense anymore as new advanced business plans and ways of advertising and dealing with big data to get advantages, are not easy and straight forward.. the same questions were asked when "google" got enormous but users wondered, how is that? we use google services free of charge and still this company has this huge income? where does the money come from?

An Incentivized Social Media Platform

that is what steem really is...this plan works on new technologies that for example government recommends people to use in transportation, but public can't understand the value..so there should be some incentive based advertisements and make it a win-win game.. because for instance using a platform and a gadget on cars (even free of charge) can avoid incidents, injuries, roadway kills, and this way even government can save a huge amount of money...

your assignment:

search about ponzi scheme as a fraud on internet
search about a currency or platform like bitconnect and how it works (lending services)
see the sympthoms of ponzi existed in bitconnect and why you should be skeptical about this service
compare steemit (as a full service social media platform dealing with data and ads) with bitconnect (as a lending service)
get to this conclusion that steemit has greater potential to be a gamechanging platform in currencies and social medias competeing with facebook or twitter

there's still a risk management tip

don't get emotional and don't invest huge amounts of money on steemit cuz it pays you in a certain amount of time. start engaging as a user first, invest like you do in other currencies, earn some, be a viable user, take time, and lets see how does it evolve, if it's not a fraud, it should expand, get bigger, evolve and come up with new and more extended tools and services..if it doesn't and stays the same in a long term period, you should gradually become skeptical about its trustworthy of being a viable service.

Steemit VS facebook, game changer currency, how much do you engage?

An Incentivized Social Media Platform

your assignment:

there's still a risk management tip