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RE: Cross-Blockchain competition and SMTs
Steem has a combination of three factors going for it: a large existing user base, scalability and a history of over two years of use to work out the kinks.
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Do you think it is possible that it will attract some ERC projects in?
Actually there are currently several platforms similar to Steem(it) being launched/in the pipeline who still are banking on ERC-20 as their network.
Let’s see how scalability works for them and how long before they consider a SMT instead, both thanks to already existing userbase and plug-and-play mechanics.
Certainly some but what Steem lacks is smart contracts. It has smart contracts specifically for token creation but no virtual machine of any kind. EOS is the general decentralized computing platform. Steem is perfectly fine for storing digital assets as JSON data that don't do much like SteemMonsters. Steem occupies a specific niche: media content. That's by no means small at all. :)
This is what I was saying about chains for market segments and catchalls. The content sector is a large part of the internet obviously. I also wonder if large enterprises will utilise a number of chains to fit their diverse needs rather than just one with multipurpose.
Hmm...I think that would depend on the details such as the cost of app development, security, stability or price and so on. What's great about Steem is the fact that it is battle-tested and already has a large community. There are over a million accounts. As soon as some media outlet announces monetization by Steem they will already have an existing additional user base in existing Steem users who will not have to learn all the ins and outs of Steem from scratch.