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RE: How Will Steem Cope With EOS? How Steemit Inc. Might Take Advantage of Their Head Start over Competitors on EOS.
Employ a support team
I can only imagine the price of STEEM if there was actually a Team that was supporting it and marketing it close to what LiteCoin or TRON gets.
I have no idea why this hasn't been done beyond the idea of 'leaving it to the market' or some such bold agenda. When I have worked in launching projects like this before, support staff is one of the earliest considerations and is factored in to the early cost projections.. Here.. not so much!
They actually had a mention for a team in the white paper update. I posted that somewhere. Anyway, they are supposed to start getting things done in 2018. I'm guessing the closer to the launch of SMTs.
The big thing with any coin/blockchain is having the working version out there first and getting people to accept it. Of course, there are opportunities to come in late and then take over.
Just like anything else in tech.
This is, I have actually already gone through the process of designing and making a social network from scratch - with no funding - which then got some help from big money people.. (I left, maybe for similar reasons to dan). My point is that we got further with finding a support team in 2 weeks than Steemit Inc seem to have done - even though we had almost no money and no working prototype. Social networks require a strong social capacity.