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RE: Steem Ninja - INVITE Token Review - Mining Accounts for Mass Adoption
Thanks for putting this review together, @raj808! I've been meaning to read up on the Invite tokens, and you've answered a number of the questions I had about the whole process. I'm feeling very bullish about Steem at the moment as well, and I think this next HF might be the thing that lights the fuse on the rocket ride to the moon!
Glad the review was of some help Traci 🙂
I'm also hopeful about the future of steem... but I think it's only going to go moon-wards with radical changes.
HF21 might be the answer, but I honestly think it might take a bit more than that. I'd tentatively say HF21 + SMT's + Blockchain level community functions might be the catalyst for a whole new steem that really empowers different content communities while the main Blockchain's utility shifts to smart contracts (token-omics). I could be wrong, but I don't think many people will use steem for rewarding content in the future. I'm starting to see it's potential to be like the Etherium of Blockchain social media. Steem as the core Blockchain that a bunch of other soc media/blogging/video platforms are built on, and even private company reward networks. That's why I think account creation tokens could be lucrative in the future, if businesses want to build reward communities and they need steem accounts to build the infrastructure 👍
We shall see. Thanks for checking out my post 🙂
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Definitely food for thought, Rowan. It will be interesting to see how things go on the blockchain over the next few weeks and months. And you're very welcome. 😊