How a multimillionaire like Winklevoss brothers can fix the face of Steem and how to get them?

in #steemleo5 years ago (edited)

Bitcoin had many early die hard marketeers such as Roger Ver, Winklevoss brothers, Andreas Antonopoulos, Charles Shrem, Charles Lee, Dan Larimer, Max Keiser etc. Then arrived the big shot investors such as Barry Silbert, Tim Draper, Michael Novogratz, Dan Morehead due to network effect.

Early non-profit Bitcoin foundation have worked hard to make Bitcoin a house name. Once it reached a juxtaposition, it never looked back. Now, Bitcoin is always in the news. Even POTUS mentioned about "Bitcoin and cryptocurrencies" in his recent tweet. When President of the United States does marketing for you, you don't need a marketing budget. Bitcoin Foundation have put the seeds couple of years back to see its tree's branch to reach to the white house.

Interestingly, Roger Ver, Andreas Antonopoulos, Charles Shrem, Max Keiser, Dan Larimer, @block.one CEO, Brendan Blumer all has Steemit accounts, but STINC were not able to capitalize on it. In fact, early leadership (@ned) was so much aggrandized by his own-self, he kickrd out @dan from @steemit. It is well known that how it fared for Steem's price.

STINC needs a public advisory board who are the current crypto-celebrity to improve its image. A random coin with a early crypto-celebrity in its advisory board launches its ICO, it ranks above Steem. It is absolutely ridiculous. These celebrity may like to be in the advisory board due to the large number of users in Steem and Steem's early success.

Some steemians are argueing that marketing will create pump and dump opportunity for traders. They missed the point. The whole crypto-market is speculative, right now. The best speculative coins are winning. For example, Bitcoin Satoshi Vision (BSV) is just a fork of BCH, it has $3 billion market cap since the perennial pumper, Craig Wight and controversial billionaire, Calvin Ayre are behind it. It is pretty simple why BSV has values.

Winklevoss_steem.jpg

Steem is struggling only for lack of speculation. At this early stage of cryptocurrency, only speculation is the main driver of price and growth. For example, Cardano has not released the main-net where DApps will be built but it has already $1.8B marketcap. Irony is that Cardano may never have successful DApps like @steemit or @palnet. But its investors/holders are flourishing.

The bottom line is that STINC and community needs mega marketing to bring speculation back to Steem. It will provide the growth and capital for Steem. One of the the marketing can be to form an advisory board with early @steemit adopters. For example, Roger Ver (i.e. who still post blogs in Steemit), Charlie Shrem (i.e. who is still a witness) or even Dan Larimer (i.e. after all he was a co-founder).

Imagine, how the formation of this advisory board, making a public announcement, showing their profile in Steem.com website can impact Steem's price.

Therefore, I propose to spend first couple of SPS budgets to spend to form an advisory board to drive Steem's growth. With intelligent marketing, Steem can attract multimillionaire like Winklevoss brothers and many others. Due to network effect, Steem may able to attract billionaires to stake in Steem in future.

Hopefully, thriving STINC and @elipowell will consider this idea. At this crypto-period, projects can't survive without speculators. Steem is acting like value trapped company which is just sticking around but will never flourish. STINC should borrow a page form EOS, TRON and Cardano, even THETA (i.e. an ex-Youtube founder on board) learn how to market Steem.

Disclaimer: This opinion is not a financial advice, it my personal perspective and opinion. Please seek professionals for financial decisions.

steem_speed.jpg

Image sources: Most images are open sourced (e.g. Pixabay, Wikimedia etc.) with Creative common license. Some images are used with due courtesy to respected owners.

Peace
@dtrade
Crypto-miner, trader and blogger since 2013

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Not a bad idea as influencers will be a quick way to add value in the ecosystem and attract more talent for content and engagement which could help build value over the long term.

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