I'm pretty sure musing would still thrive even if that happened. Yes musing and Quora serve the same purpose, but they are built on completely different platforms. Musing already has its own following and brand and I believe that when the next hardfork comes out, it's going to make it so much easier for people to join musing.
As far as I'm concerned Musing can only get better from this point.
Yeah musing.io will still really thrive because this platform is built on the steem blockchain and we steem
as rewards,,steem is a cryptocurrency that will also have a great feature and would enable users of this platform to be able to keep earning money,,but i also feel it would
be very wonderful if this platform can create their own token so that they can also benefit from the SMT that will
be lanched during first quarter of 2019,,but i am sure that if quora creates its own ICO it will not stop musing.io from being successful continously....
This is an interesting question and I think the actual outcome would be dependent on a few different scenarios.
1. Would Musing survive if Quora released it's own Crypto on Ethereum or another blockchain?
In the scenario where Quora released their own cryptocurrency on a blockchain that wasn't Steem I think then it's highly likely/guaranteed that Musing would survive, I believe currently that Musing's user base is quite different from the Quora user base. I believe both platforms would exist in the same way we see now, you would use Quora if you currently use Quora and you would use Musing if you currently use Musing. Some Musing users may go and try an earn Quora too, but I think overall a lot of users who currently use the Steem blockchain would prefer to stay using Musing.
2. Would Musing survive if Quora released an SMT?
Putting aside the massive rewrite Quora would need to do in order to work on the Steem blockchain and overall huge changes to their user experience. If Quora were to create their own SMT I believe that it would be harder to predict if Musing would survive, this is because Quora could easily become the go-to question and answer platform on the Steem blockchain overnight, their current user base is already huge and they would be able to onboard thousands of people to the Steem blockchain almost instantly. The big question would be how would Musing differentiate themselves from Quora, currently Musing doesn't show ads and everything is immutable. We would assume that Quora would do the same if they released an SMT.
I think the hard part going forward would be on-boarding new users, I believe the early adopters of Musing would stay, but I think it would be harder to onboard new users with such a big, well-established competitor. Of course, Musing may still tick along and have enough users to keep moving forward, but I believe the overall growth of the platform might be somewhat compromised in this scenario.
As a venture capital backed company it is highly unlikely that Quora could possibly ever consider tokenization. Not unless, first, they would convince the board of directors to dilute their holdings or alternatively buy back all shares.
Many companies in a later stage of evolution, and thus finances, have not always sufficient shares available to raise more funds and need to create new shares. This can only be approved by the Board of Directors, many of which also are often larger shareholders.
The biggest question to be asked here is “How much shares, thus tokens, could Quora issue and at what price, in order to satisfy its existing investors?”.
That would be one of the largest ICOs yet because Quora is currently valued at $1.8bn. Obviously, that valuation is what existing investors would expect to see in the ICO - and preferably even more - in order to be satisfied with the operation. Yet, at that point they enter a volatile market, a market which so far hasn’t yet proven any genuine valuation mechanics beyond BTC dominance.
If you look round you will note that many investors do not invest in tokens, but in teams. They invest in a company, and that company may hold tokens (which may even be defined in the term sheet) but the more traditional - and larger investors - will not invest by buying tokens. Instead they will give the company money to grow and scale. So-called runway.
The cryptomarket is still too volatile and unregulated for investors to touch it, especially considerations that most venture capital funds are not the money of the investors themselves. More of than not they are managers of funds, funds provided by backers. Many funds on Sandhill Road are backed by for example the country of Norway as well as private rich people and also hedge fund managers, who back the VC funds with funds they manage.
Would Musing still thrive?
It’s slightly too early to say that because Musing is too young and while it already has momentum it’s definitely not yet at the level of “thriving”.
The thing about Musing.io is that it is one of the many platforms and applications built on top of the Steem blockchain. The more Steem grows the more Musing grows, and as we all know Steem has so many potentials to go big with all the dapps and platforms being built on top of it almost weekly.
If ever Quora releases it's own ICO, that token will only be used solely for Quora. Sure Quora has many users as of now compared to Musing, but when Steem starts to gain momentum and starts to gain mass adoption because of how apps are interconnected to each other through the power of blockchain, users can just easily go back and forth between apps and platforms including Musing.
So yeah, Musing will thrive even if Quora came out with its own ICO.
I'm pretty sure musing would still thrive even if that happened. Yes musing and Quora serve the same purpose, but they are built on completely different platforms. Musing already has its own following and brand and I believe that when the next hardfork comes out, it's going to make it so much easier for people to join musing.
As far as I'm concerned Musing can only get better from this point.
Yeah musing.io will still really thrive because this platform is built on the steem blockchain and we steem
as rewards,,steem is a cryptocurrency that will also have a great feature and would enable users of this platform to be able to keep earning money,,but i also feel it would
be very wonderful if this platform can create their own token so that they can also benefit from the SMT that will
be lanched during first quarter of 2019,,but i am sure that if quora creates its own ICO it will not stop musing.io from being successful continously....
This is an interesting question and I think the actual outcome would be dependent on a few different scenarios.
1. Would Musing survive if Quora released it's own Crypto on Ethereum or another blockchain?
In the scenario where Quora released their own cryptocurrency on a blockchain that wasn't Steem I think then it's highly likely/guaranteed that Musing would survive, I believe currently that Musing's user base is quite different from the Quora user base. I believe both platforms would exist in the same way we see now, you would use Quora if you currently use Quora and you would use Musing if you currently use Musing. Some Musing users may go and try an earn Quora too, but I think overall a lot of users who currently use the Steem blockchain would prefer to stay using Musing.
2. Would Musing survive if Quora released an SMT?
Putting aside the massive rewrite Quora would need to do in order to work on the Steem blockchain and overall huge changes to their user experience. If Quora were to create their own SMT I believe that it would be harder to predict if Musing would survive, this is because Quora could easily become the go-to question and answer platform on the Steem blockchain overnight, their current user base is already huge and they would be able to onboard thousands of people to the Steem blockchain almost instantly. The big question would be how would Musing differentiate themselves from Quora, currently Musing doesn't show ads and everything is immutable. We would assume that Quora would do the same if they released an SMT.
I think the hard part going forward would be on-boarding new users, I believe the early adopters of Musing would stay, but I think it would be harder to onboard new users with such a big, well-established competitor. Of course, Musing may still tick along and have enough users to keep moving forward, but I believe the overall growth of the platform might be somewhat compromised in this scenario.
They would need to raise an additional round to fund the creation of all those accounts if they were to launch a SMT. LOL
As a venture capital backed company it is highly unlikely that Quora could possibly ever consider tokenization. Not unless, first, they would convince the board of directors to dilute their holdings or alternatively buy back all shares.
Many companies in a later stage of evolution, and thus finances, have not always sufficient shares available to raise more funds and need to create new shares. This can only be approved by the Board of Directors, many of which also are often larger shareholders.
The biggest question to be asked here is “How much shares, thus tokens, could Quora issue and at what price, in order to satisfy its existing investors?”.
That would be one of the largest ICOs yet because Quora is currently valued at $1.8bn. Obviously, that valuation is what existing investors would expect to see in the ICO - and preferably even more - in order to be satisfied with the operation. Yet, at that point they enter a volatile market, a market which so far hasn’t yet proven any genuine valuation mechanics beyond BTC dominance.
If you look round you will note that many investors do not invest in tokens, but in teams. They invest in a company, and that company may hold tokens (which may even be defined in the term sheet) but the more traditional - and larger investors - will not invest by buying tokens. Instead they will give the company money to grow and scale. So-called runway.
The cryptomarket is still too volatile and unregulated for investors to touch it, especially considerations that most venture capital funds are not the money of the investors themselves. More of than not they are managers of funds, funds provided by backers. Many funds on Sandhill Road are backed by for example the country of Norway as well as private rich people and also hedge fund managers, who back the VC funds with funds they manage.
Would Musing still thrive?
It’s slightly too early to say that because Musing is too young and while it already has momentum it’s definitely not yet at the level of “thriving”.
yeah quora and musing.io have some similar features
but musing.io is a project on the steem blockchain and users will be rewarded if their questions or answers are
well good enough according to the curators of the platorm,if quora should come out with their ICO well it
will really make quora to become more effective but that will definitely not stop musing.io from thriving....
Musing.io have its own unique features that will make it thrive and whatever happens to quora will not stop
musing.io from thriving,they both have their own lovely plans and if quora decides to create their own token it
will not disturb musing.io from becoming more successful because musing.io is also a wonderful
projects with wonderful team behind the success it is experiencing and will still continue to experience...
The thing about Musing.io is that it is one of the many platforms and applications built on top of the Steem blockchain. The more Steem grows the more Musing grows, and as we all know Steem has so many potentials to go big with all the dapps and platforms being built on top of it almost weekly.
If ever Quora releases it's own ICO, that token will only be used solely for Quora. Sure Quora has many users as of now compared to Musing, but when Steem starts to gain momentum and starts to gain mass adoption because of how apps are interconnected to each other through the power of blockchain, users can just easily go back and forth between apps and platforms including Musing.
So yeah, Musing will thrive even if Quora came out with its own ICO.