Steemit Featured in Cointelegraph About 100k Users and the Price Downtrend

Ned was interviewed, and was quoted emphasizing the attention economy direction Steemit is heading in for a price trend reversal:

“All we can do is focus on growing a thriving social network, and along with that design, a platform that creates an attention economy, in which STEEM becomes a currency for buying user attention on the social interfaces" ... "Attention economies, in our view, represents the first opportunity for cryptocurrency to be part of an actual circular economy rather than the strictly speculative economies we see today, and further more, they’re a paradigm in which the value of online contribution can truly be returned to the users doing the work for the community.”

We can expect the attention to be monetized, i.e. ads, as has been talked about more heavily in the recent week or two. This will be a good thing overall.

Ned also mentioned improving profile pages and more modification of posts. I wonder if that means longer edit times? And possibly the long awaited profile picture? Can we dare dream the time has come? Hehe...

The short article closes mentioning a beta phase for Steemit into 2017. I guess that's good news for plans to develop more features and get things working better over all.

The next few months should see some welcome changes. Looking forward to it. How about you?

Here is the article: Steemit Exceeds 100K Users, Plans to Expand Saving Steem

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[Image source: 1]

[Source: 1]