yeah but on other side how should be the tech and a 200k people community be worth $200m.... then fb would be worth x100000 - and their valuation is anyway a joke with $420bn - lol
Well, for a start, Steemit.com is the world's first blockchain based social media network that rewards users to create content. Furthermore, it's just the first front-end for the publicly available Steem blockchain, which is capable of scaling to many projects, all leveraging the powerful economic engine of stake based distribution of rewards to those who develop on, and utilize the platform. It runs 3 second block times and is capable of thousands upon thousands of transactions per second. From a socio-economic perspective the difference between Facebook and Steem couldn't be more stark... From a valuation perspective, I think it's the difference between Urban Outfitters and SpaceX. Time will tell.
Of course I will give you right here in all points.... but what it is now & investments must be simple compared to real world, it is way too expensive what it is (so actual valuation).
Current valuation...? Yeah well... All the rules are breaking. What did BAT just raise, how fast? Cryptillionaires looking for a good places to grow their wealth, and finding innovation. Ordinary folks, writing, earning, holding... betting on potential.
Its like giving them away for free basically :)
yeah but on other side how should be the tech and a 200k people community be worth $200m.... then fb would be worth x100000 - and their valuation is anyway a joke with $420bn - lol
Well, for a start, Steemit.com is the world's first blockchain based social media network that rewards users to create content. Furthermore, it's just the first front-end for the publicly available Steem blockchain, which is capable of scaling to many projects, all leveraging the powerful economic engine of stake based distribution of rewards to those who develop on, and utilize the platform. It runs 3 second block times and is capable of thousands upon thousands of transactions per second. From a socio-economic perspective the difference between Facebook and Steem couldn't be more stark... From a valuation perspective, I think it's the difference between Urban Outfitters and SpaceX. Time will tell.
Of course I will give you right here in all points.... but what it is now & investments must be simple compared to real world, it is way too expensive what it is (so actual valuation).
Current valuation...? Yeah well... All the rules are breaking. What did BAT just raise, how fast? Cryptillionaires looking for a good places to grow their wealth, and finding innovation. Ordinary folks, writing, earning, holding... betting on potential.
All the rules are breaking.... haha. Yeah history never repeated :)
Yeah neither number adds up, time will put everything in its right place :)