RE: Steem Is The Most Used And Undervalued Blockchain Of All Blockchains
Yet Ethereum is sitting at 79 bil market cap and Steem is at .9 mil (point-9%) market cap. Does that worry me? Not at all.
Worry? Hell this gets me excited.
I believe it is simply a matter of publicity. STEEM does not have the attention the other tokens have. STEEM is quietly going about its business without the media making a big deal about it. In the long run, I think this better since the apps being developed have time to work out their bugs.
SMTs are going to be a gold mine to the steem blockchain simply because they are going to garner eyeballs. Like ERC20 make ETH an overnight sensation, SMTs will get that for steem. Also, it will pulls millions onto the chain without any fees and 3 sec transaction time.