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RE: Competition for Steemit? New Platform Crowdsale!

in #beyondbitcoin7 years ago

It will be interesting to see how this site goes.

I am sure steemit will see an increasing range of competitors and copy-cat sites. Hopefully these will keep steemit on their toes and they will continue to improve the steemit site and not be too distracted by their SMT developments.

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Interesting to see what they say about steemit in their white paper...

Steem is a Reddit-like social network in which content creators are rewarded
for their publications, but users usually don’t create news stories and the platform is
hardly used by mainstream users
.

Yeah, I am very excited for blockchain social media platforms! Steemit seems to be the most all-encompassing site so far (like Reddit), but I don't think it will necessarily be harmed by the emergence of specialized platforms.