What is regtechtimes? Why are they becoming so popular?

in #media8 years ago

View the original post on Musing.io

Regtechtimes is better known for its steem adoption. They are paying steem currency for author contributions but there is no mechanism to generate steem rewards as of now. I find it particularly interesting as this is a demand side proposition. If big media houses start buying steem from rxchanges and distribute them for contributions, i see no reason why steem will not be on moon. But i feel There are two options why they are distributing steem as author rewards

1. They have excessive steem and instead of selling in market they find a new method to burn those steem

2. Somebody is offering to advertise in steem and they dont want to encash.