Where are they (Bitshares + Steem) now, you ask? At a much much lower market cap (price) than EOS, despite it not even being out yet.
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Where are they (Bitshares + Steem) now, you ask? At a much much lower market cap (price) than EOS, despite it not even being out yet.
But the vision for EOS is much grander and the potential is greater. Dan will have learnt a lot from the process of creating his other projects and I'm sure he will apply that to EOS. Also they have more than 1 billion dollars to invest in Dapp projects. It all looks very promising, but we will see...
Yeah, we will see ... my point was just, if you're saying "look at the success of Bitshares and Steem" as a predictor of success here, then it's worth noting that if you're looking at Bitshares and Steem in terms of marketcap success, then actually, it's not so clear that they are successful enough to warrant anything near EOS's current marketcap .... (and actually, because I think these two projects are more successful than their marketcap indicates, I hold both).
My other general question/concern is - what is the reason for creating EOS, rather than just improving say Bitshares with the new technology? i.e. what does this tendency for Dan to (by the looks of it) always jump to a new project, say about the prospects long-term of these projects? Is this perhaps why the marketcap for Bitshares is strangely low, given how promising it seems? I'm raising this more out of curiosity than necessarily as a criticism ....
I was referring more to the functionality of the projects and their actual usage rather than their market caps, which I agree, are lower than they should be. On the point about Dan jumping ship, I think EOS is a more ambitious project as it's aiming to be a platform that many other projects can run on top of it. If you were in his position and thought you could make a project on the scale that EOS is aiming for you would do it right? Why stick with STEEM when you can make a platform that could have thousands of STEEM-like projects running on it and make an absolute fortune doing so.