Hey guys, I know it's a frequently asked question but I cannot find a clear answer. I discovered recently the concept behind steemit and said to myself: "OMG. This is so great. I can earn money by writing posts. Even by commenting other posts!"" It's the first point in the Steemit FAQ btw: "It is free to post, comment, or upvote all content on Steemit.com. You might even get paid for it!" But then, I wonder: "How the hell does Steem generate revenue ?"" So I read a lot of articles, but still cant figure out.

My understanding so far:

It's free to publish and you can earn money. The money comes from the STEEM token value. The people behind STEEM has a great portion of STEEMs. So if the value increases (because of the hype, because of the increasing adoption of steemit), the staff can redistribute money to publishers... And so on.

So basically, if I can be paid by writing, it is because someone else has invested into the platform, and he can expect also a ROI if a lot of people publish great contents on steemit. Because the value of the platform will increase.

Am I right ? Wrong ?

Thanks for your comment, I will really appreciate !