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RE: Community Brainstorming: What is Steem's biggest strength?

in #steem5 years ago

In my opinion Steem has three biggest strengths. I know that three isn't anymore "the biggest strength" but ranking them seems impossible.

  1. It is the ONLY working product on a large scale in crypto. Other projects are only selling dreams. EOS and Tron and other coins seem great because they haven't experienced what it's like in reality. Steem, on the other hand, has had every single problem that you can imagine and is still working great. A lot of us might be afraid that some competitor like EOS will create something that works better, but the truth is that the steem community and steemit inc have so much experience already that is almost impossible for a competitor to catch up (if we stay on this track). Also, our main competitors are general purpose blockchains, which have bigger concerns than creating social dapps. It will be harder for them to compete with Steem on the social aspect, because Steem has only one focus while they have many priorities.

  2. Steem is a great innovation. I am talking about the "upvote" feature. This is already being used in extremely useful ways. Just to site a few: advertising(vote selling and bid bots), Steemhunt (and all other platforms where you are rewarded for finding good deals), musing (and all other forum type apps where you are rewarded for answering questions), and of course, all dapps where you can reward your favorite creators (steemit, Dtube, DSound, etc...).

  3. Finally, the third great strength of steem is that although it is a great working crypto, it also has a LOT of potential. SMTs will strengthen what is already happening on steem, by making communities feel closer. I predict that in the next bull market for crypto, many, many websites that have nothing to do with crypto today will incorporate SMTs in their websites. It will allow their users to feel part of a community, and be rewarded for their effort.

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Adding to number 2, don't forget @cleanplanet and all the possibilities that incentivizing virtue brings!