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RE: What if Proctor & Gamble came to Steemit? Build your nest egg before they do!

in #steemit • 7 years ago

I can't see the big end of town angling for 51%, simply because they'd assume (correctly) that the minnows would bail for a non-corporate competitor (or some bright spark would fork the chain from a week earlier, and invite everyone to post there instead)
I think other coins will start buying up a presence here, to shill their alts.
Then software companies, internet companies and finally physical product companies like P & G.
By then, $200 million will buy them 100,000 SP

7 years ago in #steemit by
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     7 years ago 

    Thanks @mattclarke
    You're correct. They would not want to do anything to run off the masses, when it's eyeballs that they are interested in. It's all a numbers game with those marketers. I would like to sit in on that corporate meeting to hear all the ideas!

    • Interesting that you thought of the companies that will beat the big companies here. You are correct. It was a fact that the huge corporations were very slow to act during the early days of the Internet. And they stumbled around for the most part. Throwing together a crappy web site, just so they could have a web presence. Perhaps they will be just as slow to jump on this band wagon...
      • I'm already seeing alt coins shill here. Steemit is my first crypto besides trying to game a few here and there. Steemit hopefully will be my last crypto... There is a lot of chatter here about other coins, but I'm not sure how they think they can draw any interest except from speculators.
        • So you foresee $2000 STEEM? 😎 Cool! Using the vote calculator from Steemnow, 100k SP upvote is worth 18.31 @ 2.97. @2000 that would be $12,329 * 10 votes/day = about 125K of free goodwill "advertising" (curating) per day or $45M for a year. But I could be way off, since I don't totally understand payouts and such yet. haha If I'm close, then payback on their investment would be 4.44 years. This also doesn't take into account paying for human curators or development of a bot.
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    • Past Payouts $0.54
    • - Author $0.40
    • - Curators $0.13
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     7 years ago 

    You can check at steemworld.org/@wizardave
    There's an option to punch in different SP amounts and vote strengths to see what they'd be worth.

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