Thought Experiment: A dream Steem based company NewEon Inc. with 20 Million Steem Power, a competitor to Steemit Inc. It will require $10M only!

NewEon Inc. will buy up 20M liquid Steem strategically from the Market (OTC, exchanges), or even from Steemit Inc. and early whales who are looking for an exit.

The NewEon Inc. will start with a working capital with $10M. It will cost at 30 cents (average) x 20M= $6M to buy up 20M Steem and the remaining $4M will be kept as cash balance for future buy back and other strategies. Or, $4M will invested in low risk annuity type liquid stocks such as PHK which return $40K per month that will provide maintenance cost for NewEon Inc full nodes, offices and employees.

It will be headquartered in Malta or Estonia to get tax advantages and friendly regulations.

It will hire remote devs from all over the world, mainly active devs on Steem blockchain. Very few employees will be hired full time and stay at headquarter.

It will pay its employees a part in NEON SMTs/ERC20s/Steem-side-chain TOKENS (whichever is convenient) and also, pay to their blogging posts by voting, similarly through @utopian-io.

It will delegate 10M Steem to 1000 people/projects who actively curate blogs or contents, develop projects of different variety. Their compensation will be curation reward and full self-vote on maximum two blogs/content per day.

NewEon Inc will post one update daily on its current work and self votes for further funding. Also, updates will be re-posted on twitter, FB, reddit, medium etc.

The CEO, CTO and CFO or top executives will continuously travel to attend conferences, workshops and meet regulatory bodies or investors. They will have significant presence in twitter, facebook and medium, regularly troll crypto big shots such as Vitalik Buterin, Dan Larimer, Charlie Lee, Justin Sun, Roger Vers to be limelight.

It will have a dedicated executive to pursue new exchanges to add STEEM/NEON token even with remuneration. Also, responsibility will also include listing of Steem/NEON in all crypto listing/aggregator websites.

A scientist will be hired to publish papers in Crypto/general conferences using Steem data, on protocol upgrades and performance data in collaboration with heavy Steem users.

A top social media executive will take care of online marketing, SEOs and public relation to media. Regular news and update about NEON/Steem will released to media.

NewEon Inc. will initially crowdsale NEON SMT/TOKEN to bring up funds from retail, angel and venture investors. However, co-founders will bring a big portion of its initial capitals. NewEon will regularly buy up Steem/NEON and sell to make some profit or stabilize Steem price in stealth fashion.

It will regularly buy back TOKENs and STEEM from the advertising, trading and other investing profits.

If NewEon makes big success financially, it will acquire or collaborate with small and large DApps/websites with millions users to bring them to Steem blockchain.

It will fund/delegate very innovative and interesting projects on Steem blockchain.

It will organize campaigns to win variety of contest in coordination with community leaders to incentivize and inspire community to participate similar to @netcoin contests.

If you can brainstorm more ideas about your dream Steem based company, please comment in below.

Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.

Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.

Thanks for reading.
@riseofth
Cryptominer since 2013, occasional trader and tech blogger