So, if you are OK with the concept of premine + ICO, and if you value having a development team funded by capital appreciation, and if you value having a team do the best it can to insulate itself for burdensome regulations, then you can appreciate what was done with STEEM. If you don't like 'games' then blame the government for their rules, don't blame the people who play by them.

That pretty much sums it up :)