Over the last few days, Steemit.com the social site, Steem and SMTs have been in the news quite a bit.
How much have they been in the news you might ask?
Just off the top of my head I think I have seen about 10 different sites picking up the SMT announcement that was made last week by CEO Ned Scott.
In fact, I took the liberty of compiling said links here:
- http://blocktribune.com/steemit-bring-cryptocurrency-blockchain-mainstream-media/
- http://observer.com/2017/10/steem-basic-attention-token/
- http://www.the-blockchain.com/2017/10/01/steemit-introduces-new-way-monetize-media-publishers-blockchain-trailblazer-enables-cryptocurrency-powered-alternative-content-hosting-paywalls-subscription-fees/
- https://www.wired.com/story/the-social-network-doling-out-millions-in-ephemeral-money/
- https://mybroadband.co.za/news/internet/230789-the-social-network-that-pays-users-in-cryptocurrency.html
- https://www.cryptoninjas.net/2017/09/28/steemit-introduces-new-smart-token-protocol-website-app-community-monetization/
- https://www.econotimes.com/Steemit-to-launch-new-product-to-bring-blockchain-and-cryptocurrency-to-mainstream-media-928225
That is at least 7 different news outlets/websites picking up the SMT announcement. Including econotimes, and the observer.
Feel free to read through them as they each seem to offer their own flair and their own take on the recent developments regarding Steem.
There were even a couple web sites/news outlets that mentioned Steemit just in passing, but it was mentioned in pretty positive terms never the less:
- https://cointelegraph.com/news/tokenization-the-force-behind-blockchain-technology
- https://arstechnica.com/tech-policy/2017/10/explaining-the-new-cryptocurrency-bubble-and-why-it-might-not-be-all-bad/
- http://www.huffingtonpost.com/entry/4-ways-blockchain-is-rapidly-revolutionizing-the-gaming_us_59d3e353e4b0da85e7f5ec5c
*Pay special attention to that last link, you know the one written by the huffingtonpost. The one about gaming and blockchain coming together...
The gaming industry is projected to be a $109 Billion dollar industry in 2017 (that's Billion with a "B"), according to Newzoo's Global Games Market Report. I don't want to throw any projections or numbers out there, but imagine would that could mean for Steemit.com and Steem if it were to eventually capture just 5% of that market, or say 10%?
I am not sure if you have noticed, but some very big "gamers" are starting to show up on Steemit.com, and they are starting to bring their followers...
But shhhh... don't tell anyone. I'd like to get some more cheap steem first. ;)
In all, Steem and Steemit were mentioned in at least 10 different news articles or websites within the last week or so.
Is this much different than before?
Yes, by a wide margin.
For comparison sake, Steem and Steemit were mentioned about 3 times in the last 2 months prior to this SMT announcement.
In short, this means Steemit.com is getting a lot of press right now and most likely a lot of new eyeballs.
All this, and the Steemit.inc team hasn't even really begun to launch an advertising campaign yet.
For anyone that might be nervous about Steem's future, all I would like to say to you are two words (well one word and then one statement).
The First is:
SMTs - "Move over Ethereum, Steem is about to monetize the whole internet."
Then:
Image what will happen when Steemit/Steem actually launches an advertising campaign, you know one that is well funded and well targeted...
Basically when you combine the above developments, I think there is a very good chance that we are about to see some major fireworks in terms of price over the next 6-12 months.
I am getting my popcorn ready, are you?
Stay informed my friends.
Image Sources:
http://activerain.com/blogsview/4291481/extra--extra---read-all-about-it---let-s-dish-activerain--tabloid-
http://www.huffingtonpost.com/entry/4-ways-blockchain-is-rapidly-revolutionizing-the-gaming_us_59d3e353e4b0da85e7f5ec5c