I don’t think it will. People don’t tend to hold Steem as liquid Steem, it’s usually powered up or held as other cryptos. The vast majority of contributions are likely to come in btc or eth.
Actually, I believe that there will be a direct impact on Steem, as lately the STEEM token is promoted as an SMT on Steemit. APPICS is introducing a new token, named KYC, a direct competitor to the STEEM. With APPICS being a better way of implementing social media on the STEEM blockchain, the impact will be major!
I’m not so sure. The whole concept of having new super bloggers join steemit won’t help the price as they will withdraw their earnings as they use it to make a living. This will put downward pressure on Steem.
I don’t think it will. People don’t tend to hold Steem as liquid Steem, it’s usually powered up or held as other cryptos. The vast majority of contributions are likely to come in btc or eth.
Actually, I believe that there will be a direct impact on Steem, as lately the STEEM token is promoted as an SMT on Steemit. APPICS is introducing a new token, named KYC, a direct competitor to the STEEM. With APPICS being a better way of implementing social media on the STEEM blockchain, the impact will be major!
I’m not so sure. The whole concept of having new super bloggers join steemit won’t help the price as they will withdraw their earnings as they use it to make a living. This will put downward pressure on Steem.
I thought KYC was the Know Your Customer process?