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RE: What Do Investors Look For and Why Do They Invest? How Does Steemit Relate?
Hehe, I didn't apply everything to Steemit, such as the "secret sauce" is not missing since chainbase is pretty unique, the fastest blockchain out there, no? Success can indeed and does happen without "passing" all of the above for sure! Thanks for the feedback and upvote.
The graphene blockchain code is open source and can easily be copied. At least one if not more than one other blockchain has been launched since Steem using that code. Moreover there are other blockchains out there that are close enough (for example lisk has 10 second blocks).
Furthermore 'secret' doesn't apply since the methods being used are all public and can be copied if there were a demand for it (the aforementioned Lisk being an example of something using similar methods)