Steemit Wins Best In Class During Research Project

in #money7 years ago (edited)

Vilnius Industries wrote an article on Seeking Alpha on January 6, 2018 where they reported on research they just finished on the current trend of Blockchain and Social Media Currencies. They looked at 4 websites in the space and Steemit was the clear winner. I wrote a summery of the article and put a link to the article if you want to read the report.

After conducting analysts on trends in social actions, Vilnius Industries concludes that social media sites and cryptocurrency combined with social interaction will be a growing trend.

Steemit was the only blockchain-based social media platform that appeared to be working without needing to add funds.

This token based social media business model is not yet known to most analysts. We might see a trend of IPO's on the New York Stock Exchange in the next 36 months, with a business model of rewarding the user base, it sure has a chance to grow for years.

https://seekingalpha.com/instablog/38159176-vilnius-industries/5095436-social-media-tokens-research-report

Current price

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As you well know @arthursen. The Steem price now is just a normal pullback after all the big gains recently.
Only if it started closing below $3.50 would I have any concerns.
It will soar soon to $10 dollars. It is going to happen. And I believe soon.
jmht

Francis

It's very exciting, the wikipedia page for Steemit says they have 500,000 users as of December 2017, when more people find Steemit it will go to $10.00 like you said.

upvoted and followed.

Nice post!

Got you here, thank you!

10 bucks then forward we go

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