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RE: Some thoughts about projects on Steem

in #steemthoughts6 years ago

I see the biggest problem with most of the projects on Steem being their reliance on the inflationary funds (reward pool) as part of their business plan. IMHO, we all look at Steem too much as being free money vs Steem being an alternate currency. We need to take advantage of the current low prices and start onboarding businesses with actual goods and services with no dependency on the reward pool.

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Agreed. This is @oracle-d's plan, hopefully they are making progress, I believe they are. Typical though, that at the best time for these businesses to gather a stake, they are the most reluctant to do so.

Please check out https://steemba.com for more info on bringing in and supporting businesses on steem

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