The Future is Bright for Steemit – Ned Scott’s Interview Revealed
I recently listened to a great interview with Ned Scott, one of the founders and CEO of Steemit. The future is bright for Steemit and I’ll reveal some of Ned’s insights in a moment.
The interview was done with fyrstikken, a self-described conspiracy theorist and Youtuber somewhere out of Europe. Conspiracy theories aside, it was a great interview.
The big topic of discussion was on meta tokens. These are tokens that can be issued on Steemit blockchain similar to how Ethereum issues ERC20 tokens.
Per Ned meta tokens would be a natural fit for the Steemit system. They can be designed like Steem with reward pools. This is important because funds don’t come directly from the user’s wallet. It also eliminates the friction that come from micropayments and rewards. So Ned sees meta token as a viable way to build the communities in Steem. He said they could even be used to pay dividends (but didn’t really get into the mechanics of how that might work).
The big opportunity with meta tokens is with B2B (business-to-business). It would work hand in hand with the meta tokens. Eventually businesses will be able to integrate with Steem, issue their own meta tokens, and create widgets for engagement on the platform.
According to Ned the key is to have an out of the box solution for businesses.
In another exciting development Ned said the mobile version of Steemit should be out in the near future.
So how long before meta tokens and Steemit B2B? Well Ned was coy about an exact date, but the wheels are in motion.
One key is to have the infrastructure ready. To this end Ned mentioned the sign up process as a current bottleneck. But once the infrastructure is ready Ned and team plan to go out and get all the top influencers to join the Steemit community.
I saved the best part for last. Once the infrastructure and meta tokens are ready Ned said, ”This platform will blow up overnight. One million. Two million. Three million signups. These are not hard numbers to get to a platform if you do it right.”
Steem On!!!
(You can find the full video here)
Thanks for sharing! A link to your post was included in Steem.center wiki page about Ned Scott. Thanks and good luck again!
Awesome, thank you!
This sounds lovely, I completely agree that this platform, once smoothed out is going to explode with interest. Its very nice to know that they are aware of this and making the proper adjustments. I really like the idea of tokens for buisnesses, bringing in small and large digital andvbrick and mortar store fronts is going to be a major key too sucess and its good to see there are very inclusive plans being made for this potential sector. Love it! Thank you so much for posting!
You got it... should be interesting to watch.
Everyone wants Steem to explode tomorrow, or even better yesterday... but you got to think in the long term.
I could not agree more! I would love to have a bit more time to buy up at this price! I do belive that the healthy view for this platform is keeping your eyes five years out as apposed to today ajd tomorrow, its going to be big, plan accordingly. ;-)
Nice, super stoked to check out the video, thanks for bringing it to our attention! Steem on!
Thanks for the link will go and watch.
steem on and bring on the meta token-i am aussie and found you on team aust and am now following you and upvoted this post --keep well -David
Thanks!