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RE: Discussion - What are reasons investors avoid STEEM?

in #steem6 years ago

Why steem isnt doing well in terms of perception.

  1. Most description of Steem in the wider internet never did steem justice. Investopedia still calls Steem "a cryptocurrency ... used to power the Steemit platform"
  2. Outside of steem Dapps. There are no other communities in the internet. Reddit r/steem is nearly lifeless other than a few steemians and post promoters.
  3. There is no concerted marketing to advertise steem, At all. I get that steemit.inc made themselves clear that they wont do any martketing but please.. at least a "steem foundation" or something?? there's no doubt many decentralized initiative that tries to market steem but everyone seems to be going in all directions that the community as whole ends up going no where.

I haven't met anyone with the money to be potential investors, I also don't think I'm the best person to pitch steem to investors. But If i must try i would say something along the lines of;

  1. Tapping into a talent community and utilise their creative talent without potential needing to pay them in dollars.
  2. ROI positive content marketing when done right, literally.
  3. ability to "invest" in creative talents via curation and actually make money on top of steem speculation.
  4. Be an early adopter/investor in the Tokenized Content Web. The future of the internet.
  5. Opportunity to see Ethreum level type growth of value when SMT comes online.

I get that investors are all looking to make as much passive income doing as little as possible.But My beef is that the current rent-seeking businesses built atop of steem is hurting the whole ecosystem as a whole.While investors still make money vote trailing curators and let them find great content on steem, why do that when pumping money into a bidbot makes more APR?

It's a hard discussion. People will hate my opinion and defend vote-commoditizing / rent-seeking to the death, Im just a minnow. I dont matter.