Steemit Notes 1600% Community Growth

in #steemit5 years ago

Decentralized social media platforms are gaining in popularity as of late. Steemit, a platform where users are paid to post and vote, has seen spectacular growth since launching. The overall community has increased by 1600%, indicating a high demand for platforms like these.

Although there is an argument to be made as to whether or not we need more social networks. Steemit is doing things differently. The platform rewards its users for participating, which has lead to the community size doubling week over week. Moreover, the dedicated cryptocurrency used on this platform, called Steem, increased its market cap by US$10m.

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By JP Bountix.


Let's keep the pace for a few years. That would be 16^24. Good for the market cap.