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RE: Announcing the eSteem Token: ESTM

in #esteem5 years ago (edited)

This is actually interesting in this sense because so far most of the tokens are still very content essential and there has to be a way to fully utilize it (for it is valuable) in the future.

As a person learning to be both content quality poster and learning entrepreneur, a token will need to be much more than to just gain audience exposure. Bread and Butter is still needed on the table and tokens can't feed empty bellies with only itself.

I am looking forward to see what is at hand and excited to see how ETSM will evolve, as I try to look at other ways to find more meaningful ways to make steem valuable.

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You understand that the entire STEEM blockchain is content essential, it was built from the ground up to reward content. It even states in the WP that the tokens built off of STEEM are for the purpose of communities rewarding their top content creators and for staking the token in a similar way to SP .. so, STEEM tokens are meant for exactly the purposes they are used for today. The STEEM blockchain values content and tokens on the blockchain inherent the use of valuing content. You have to think about them within the STEEM ecosystem - the ecosystem they are being used in, instead of comparing them to other tokens on blockchains with a different use case entirely.

Yes I understand it is content essential, then what next?

Are you going to keep staking and staking and staking until the cows come home?

Looking at the real world context, no. People need to eat and survive.

So my point is that what's next?

It's not that I don't appreciate the rewards of content. But rewards earned and sell off (instead of staking) if they are not received by someone else who values them, STEEM itself will devalue by the day, because it is not taken into consideration of its value.

To make something valuable is to show its potential.

The last 3 years steem blockchain has been appealing to only content creators but there isn't an outlet (besides staking and support other content creators) that will be able fully see its potential to the point it will attract even more people to hold onto the value of steem

Except games, which includes collectibles like Steemit monsters, which is great.

And that's where I am interested to see the more developments of estm itself. Look outside the box so that content creators and curators will have more meaning besides supporting the essential content creation.

I hope you can see the potential to expand the ecosystem in this way.

Unless you are perfectly comfortable with this tiny little bubble of rewards, stake and curate?