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RE: Huge Powering Down Proves SteemIt Lacks Transparency. Can We Still Trust SteemIt?

in #busy7 years ago

What i am trying to say is that what they are selling is not so innovative as they would like one to think

The big innovation is the monetary rewards for posting and curating.

The rest is fairly standard, but that's a big draw when compared to other "social media" platforms.

(That said, I hate when people compare it to social media... it's a blogging platform plain and simple. It's much closer to Medium than it is to Facebook, but for some reason everyone likes to say this will kill Facebook...)

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True. The monetization sets it apart from the rest. Lets hope it won’t kill Facebook. There is enough low-quality content already. I’m not very familiar with Medium, so I can’t Really compare. I think people consider it to be ‘social media’ because commenting and Connecticut with other people is such an important part of the entire ‘SteemIt experience’.
Maybe we should call it a social blogging platform :-)

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