The Future of Steemit

Source.

Recently @xpilar in his post raised an interesting topic of the future of Steemit. In the comments under the post, a whole discussion broke out, which was even more interesting than the post itself. There was one thing in common in these comments, no one knows what the future holds for Steemit. And no one has seen any published statements from the owners for a long time.

So I decided to do a little research on this topic. Although I'm scared to explore something. My previous research hurt me because steemcurator01 reported that I no longer meet the requirements of #club100 because I use bots. I tried boomerang and some other bot to find out how they work for my post on the economy of Steemit. Being too interesting is bad :) However, let's move closer to the topic.

It so happened that the most important statements of figures in the field of crypto-industry are spread on Twitter. So in my search, I first went there. There is an advanced search function, so you can search for exactly what you need and, most importantly, from whom you need it. Justin San's latest post regarding Steemit was:

And after that nothing, absolutely nothing.

The same complete silence from the Tron Foundation.

In my search, I did not stop and started searching on Google, using an advanced search. And again complete silence. The only thing that prompted me to write this article was Justin Sana's interview for CoinDesk, published in June 2021 and updated in September 2021. In this interview, he spoke honestly (?), in particular, about his failures. This is the only article that focuses on the topic of Steemit.

And here are a few quotes:

Western communities can accept a drop in token price, Sun said, but they want projects to deliver on their promises and implement their ideas.

“Chinese communities don’t care about those as much, everything is good as long as the price is going up.”

Western developers value open-source projects but that would not necessarily draw Chinese developers to contribute; they need to be paid, Sun said. That is why western projects tend to be more decentralized than some Chinese projects such as Tron and Binance Smart Chain, which are led mostly by just a few developers, he said.

Another big difference is that western developers have a culture that encourages open-source projects. On the contrary, most people in China work for money, the open-source spirit is not enough, and few people would be willing to contribute to a project without being paid, Sun said.

Here I want to emphasize this remark:

most people in China work for money

I think with these words Justin Sun subconsciously told us that he is no longer interested in Steemit, for him it does not exist. And he will not sell it, because such an agreement will simply record his losses. He will not be able to sell Steemit even for the same money he bought it for.

Therefore, in my opinion, now we are our own masters here. Attracting investors is our business, filling the platform with quality content is our business, the development of Steemit as a platform for communication is our business.

In my opinion, Steemit, despite all the problems, is evolving. All thanks to communities such as WORLD OF XPILAR, Steem-Travelers and several others. New initiatives by steemcurator also gave a positive impetus. If the development continues, maybe Steemit will be interesting to someone, but now we are on our own.

After all, what we have is very good. Steemit is a great platform. But if it does not develop, it will be bypassed by competitors.