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RE: Why Steem Monsters is Setting The Gold Standard for Future dApps
Frankly speaking, I have always been DISGUSTED by some people apparently thinking that it be possible to support the external price of STEEM with anything else than external fiat revenue streams in the long run. Steemit Inc or anyone with Steem Power can and should help promising apps along with delegations but no app can rely on a free delegation forever. A free delegation from Steemit Inc is like a government subsidy. VALUE CREATION is key. There is no other way to keep Steem from collapsing totally sooner or later.
True and interesting. and right, from Steemit inc. is centralised government subsidy. Some times it’s unfair to be judged by the government, as there are so many projects and communities have more potential than some they delegated and admitted.
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Great points @markkujantunen. I hadn't really thought of delegation like a subsidy before - but that's an interesting comparison. I imagine there is also a lot of fear/pressure around losing a delegation - and so by building a business model with more varies streams of income - I imagine it would allow the developer to move forward with more confidence too.