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RE: Advertising Revenue and Distributions on the Steem Blockchain

in #steemit7 years ago

Yes. This should totally happen. I can tell you with certainty that there are many companies that want to participate in this. The exposure and seo are potentially huge.

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I don't know if there's a lot of demand for it now, but if the active user base can continue to grow and the site can be further developed, it will likely happen eventually. Companies advertise where the people are. If there are millions of users here, then business is likely to follow.

Of course, this also depends on how cryptocurrencies are treated by law, but big business has lawyers and accountants to sort out that stuff.

Yes its chicken and egg a bit, but with explosive growth (which I believe will happen) it will become a virtuous circle. Savvy marketers will see that early (which is now)

Yeah, I hope you're right. But we all know what happens when the STEEM price drops. The user base and activity shrinks. We might see that happen again as the price continues to slide like it is now.

Good point. I see this as weak hands leaving though. I want users committed to the long term success of Steemit here,because for sure we will encounter tons of volatility as we grow. We cant let a little price fluxuaction rattle our conviction :)

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