My Proposal for Increasing The Use of Steemit Platform by Enabling EVM Compatible

in Steem Alliance2 years ago (edited)

Hi All.
How are you? I hope you're fine

My name is Fathur, I am a project manager of Gitshock Community. I've been in crypto Industry since 2019. To be honest I am amazed with the activeness of this platform. I hope HE @Justinsun, the founder of Tron DAO, will be taking Steemit Platform to the next level.

But to be honest again...
I want to submit my own opinion about steemit contents and community.

Is Steemit is For Steemians only??

I've read few of articles/post in this platform and I see there are lots of proud stemian wants to express their pride of being steemit users. I know it is not a mistaken activity, but based on what I read from Steemit Whitepaper Page 12, it is stated that the vision of Steemit is to become a currency community. I think this means, that Steemit must also invite other crypto projects to build their community here and allow Steemit to give rewards in their currency. We have seen that the interperability of networks is possible by enabling bridge feature across two kinds of different blockchain. For example, the interoperability between Assets in Binance on Cosmos based chain and Binance Smart Chain. This will make binance users double and be granted by both network's ecosystem and community.

We have seen the development of new cryptocurrencies and their community too lot, and we know they need a community platform to keep in touch and communication purpose.

What to Do Next?

Based on the case I stated, I want to propose my different idea for steemit team and community,

What if we Wrap $STEEM for EVM based blockchains?

We know crypto community right now are pushing the adoption of crypto by using Web3 browsers. This will allow the wallet to interact with token and apps. If we wrap $STEEM token to Binance Smart Chain BEP20 (for example), than we will be easily create post chat and do more with steem.

What if we have our own EVM based co-chain?
If steemit has its own EVM compatible blockchain which allows other crypto currencies to migrate their tokens to Steemit EVM, this will open the gate for them so they can build their community in Steemit platform and use their own token to govern and reward their community.

I don't know it is easy or difficult tasks for Steemit developers, but I this these idea will be too innovative to be real!!, just Imagine if Shiba Inu Community has $SHIB on Steemit Blockchain to reward and govern its community, I think we must adapt.

Benefits for Steemit Platform

If we can have our own EVM we should be granted several benefits such as;

  1. Adding More Steemit Community, from EVM community
  2. Adding value to STEEM token, as it became the only govt. currency on the new EVM blockchain.
  3. Get more users as it became a dapp which compatible with Metamask and Trust wallet app.

Benefits for Other Projects

  1. The can purchase Steemit Name Service as NFT to create their DAO (or it can be free).
  2. They can use their token to govern based on Standard Effectiveness of Steemit
  3. They will be happy as the community became more active with tipping features.

proposal.png

This what it will look like, if we have Steemit EVM Version;

stm1.png

This is my original idea for Steemit Development idea, Hopefully we can make this happen soon, I am so excited with community building, EVM and building usecases.

Thank You for Reading !
Leave a feed back for further discussion :)


M. Fathurridho

Let's connect!! My linkedin

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