Steem has the qualities to be on the moon

I have a friend that says the real value on crypto is about the ones that actually are about blockchain technology, companies that works into improving, deploying and more applications for this tech, paying attention to the ecosystem they are built in. I mean, is not the same trying to deploy a dapp on ethereum blockchain to using a more scalable platform, or a cheaper one, or a new one. 

The current panorama on the cryptocoins goes at the path of a rollercoaster, with tons of project coming out every month, the explosion of Initial Coin Offerings got slowed down by the regulations and numerous scams coming to the media attention. Now, is a well know are of finances, still trying to prove its value to traditional investors and trying to outline the fraud and scamming ideas from a multi billion dollar environment. Now going back to the idea of the blockchain based worthiness of these crypto assets, this might be the projects we should trust the most when thinking where to put our money. Beyond the speculation of the x times fold opportunity, there many things to learn from these times where the bear attacks seems to flood the market. 

I was reading about the challenges to foresee the future of the crypto business with so many ICOs going on, mostly for regulations, and the difficulties into classifying utility tokens vs securities. This last property is becoming an interesting way to analyze the future of a business projects, right from the beginning we can spot the business model according to what kind of product you are investing on, securitie vs utility. The way the company is structure, the legal power, reach, and how envisions the role of the investor in the project, thus what is the role of the money in the entire idea. This led me to this comment from Storj co-founder, Shawn Wilkinson explains:

“For many companies, utility appears to be an afterthought, but for a token to be successfully adopted into the community, it is the most critical component. With the amount of tokens on the market today, and new ones being launched every day, it's clear there is a bubble, though the size of it might be debatable. When the market slows, the tokens that have no utility will ultimately not have any value at all.”

If Ethereum has created value from the ability to be the platform for the creation of new businesses and applications, in the end is just the property to be a platform for others to use it and build something from there on. So, how is that much different from what the steemian community had created and offers at a technical level? The Steem blockchain supports the scalability that has been pushing back current leader Ethereum, and now has offered an ecosystem to bring other ideas onto it. Like steepshot, dmania, dtube, dlive, among other. Now the Steem Blockchain is open as a platform for even more development, and for a dime of what the current competitors cost. The appearance of the SMT as a technical environment to use by anyone, we see the second and definitive steep to be among the top, not as a coin, but rather a value ecosystem, a proper blockchain design to support ideas and evolution. 

I truly think that Steem's blockchain has the capabilities to be a platform to build the future social media in many ways and dapps. This subsequently means more value for the STEEM and SBD tokens, and a place among the top platforms for crypto business applications. The value in this community, plus the technical specs and the experienced Steemit financial system could put Steem as one the top at CoinMarketCap in the soon future. I encourage you all to intent any kind of development for this platform with the right presage to say here is where the value is. 

Thank you for reading.

Cheers!