Yes, I believe Steemit will still be here in the next five years. There are two reasons for this.
First, unlike other cryptocurrencies that have no real products outside of the cryptocurrency, Steemit is already a functioning product based on the Steem Blockchain. It has a significant amount of active users and there are a number of apps and platforms being continuously built alongside it, like Musing.io. These apps and platforms can only help the blockchain attract new users and investors. So, Steemit will not only be strong enough to survive in the next five years, but also thrive.
Second, the upcoming launch of Smart Media Tokens (SMTs) will create massive opportunities for growth in the upcoming years. Once SMTs are finally launched on the blockchain, it will provide the opening that Steem and Steemit needs to facilitate mass adoption through tokenization. What the ERC-20 tokens did for Ethereum, the SMTs could potentially do for Steem.
It is because of these reasons that I believe Steemit and the Steem Blockchain will still be here and thriving in the next five years.
I personally do think that Steemit, the blogging platform will still be here in the next 5 years but will be overshadowed by other Steem platforms.
The next 5 years, DApps like Dlive (The Twitch of Steem), DTube (Youtube of Steem), DSound, Steepshot, Musing (Quora of Steem) and games like Steemmonsters will dominate the Steem blockchain and the internet.
One problem I see with blogging platforms is that not everyone has the time nor the patience to write medium to long articles. People only want to enjoy a platform and blogging/writing is kinda like a job and we know people hate putting even a little effort on anything. Plus, not everyone is confident in writing especially formal english. So DApps who works like the current social media platform but instead of getting pure-likes people get rewarded for posting their content will be a big hit. If all goes well, the next five years, Steem will overtake at least half of what the current social media platform it is now today.
Yes, I believe Steemit will still be here in the next five years. There are two reasons for this.
First, unlike other cryptocurrencies that have no real products outside of the cryptocurrency, Steemit is already a functioning product based on the Steem Blockchain. It has a significant amount of active users and there are a number of apps and platforms being continuously built alongside it, like Musing.io. These apps and platforms can only help the blockchain attract new users and investors. So, Steemit will not only be strong enough to survive in the next five years, but also thrive.
Second, the upcoming launch of Smart Media Tokens (SMTs) will create massive opportunities for growth in the upcoming years. Once SMTs are finally launched on the blockchain, it will provide the opening that Steem and Steemit needs to facilitate mass adoption through tokenization. What the ERC-20 tokens did for Ethereum, the SMTs could potentially do for Steem.
It is because of these reasons that I believe Steemit and the Steem Blockchain will still be here and thriving in the next five years.
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View this answer on Musing.io
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I personally do think that Steemit, the blogging platform will still be here in the next 5 years but will be overshadowed by other Steem platforms.
The next 5 years, DApps like Dlive (The Twitch of Steem), DTube (Youtube of Steem), DSound, Steepshot, Musing (Quora of Steem) and games like Steemmonsters will dominate the Steem blockchain and the internet.
One problem I see with blogging platforms is that not everyone has the time nor the patience to write medium to long articles. People only want to enjoy a platform and blogging/writing is kinda like a job and we know people hate putting even a little effort on anything. Plus, not everyone is confident in writing especially formal english. So DApps who works like the current social media platform but instead of getting pure-likes people get rewarded for posting their content will be a big hit. If all goes well, the next five years, Steem will overtake at least half of what the current social media platform it is now today.
Steemit is really here to stay because they have
created a lovely structure on the steem blockchain
and they keep attracting more users who want to
benefit from the goodies attached to the platform,now that SMT will soon be launched even makes it more
interesting for steemit users because they can now have the chance to get more opportunities to make money from their contents on steemit...
View this answer on Musing.io
View this answer on Musing.io