There have been several ways discovered to fund a project or to earn STEEM on the Steem blockchain.
First it was only blogging or the creation of content for STEEM. (bloggers being the individual projects).
Then dtube and dlive did it by building a platform first and then gaining support from Steem inc (delegation).
Steemhunt took it to the next level by building a platform and then started rewarding delegators today with ERC-20 (and in the future) SMT tokens. Resulting in a 340k steempower delegation without the help of Steem inc.
(In between this also Bid Bots were discovered as a way to earn STEEM but I'm not sure where to place them on this small timeline).
All this is Proof of Brain in my opinion. But what have all these things in common?
You need to have STEEMPOWER or have access to someone who has it to be 'successful' on the STEEM blockchain.
But that's now no longer the case and Steem Monsters has proven it.
They have come up with a project that is successful while not relying on STEEMPOWER or the reward pool in general.
They have sold $10000 USD worth of cards in just over 9 days and counting!
And because their Proof of Brain idea does not require STEEMPOWER anyone could come up and build a project like this (or something completely different) while not relying on STEEMPOWER to earn Steem tokens.
I think it's genius. And should be a real eye opener for anyone.
(starts @1:00)
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
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Somehow I read it but quite not sure
the usage for it.
If you talk about, something should make sense I need to dig more for it.
Thanks for bringing it up more.
This is why STEEM will be a total success. Holding STEEM means we have the base token from which all is built. One cannot get around using STEEM no matter what they do. There is only so much of it out there. As more projects come online, more people will be looking for it.
SMTs are really going to cause the need for STEEM to skyrocket. This will make STEEM even more valuable.
Proof of Brain is putting the minds of millions of people to work. Who knows what we will see developed on here in the next 2-3 years.
This is what I find most fascinating about steem! is the the "internet of things" in its most extended sense because you literally can build anything on the top of it and it can get massive in a matter of days.
SteemMonsters is just the beginning we still will see what real proof of brain will come up with.
The breakthrough will come when a major gaming brand adopt microtransactions on the blockchain then we will see massive adoption of steem.
Steem Monsters is an awesome concept...They could easily sale $100K in next few weeks.
Hi @hms818
I have written an article @exyle, would you please check it out.
https://steemit.com/life/@syedaamir/02-exyle-source-of-complete-cryto-currency-knowledge
Steem Monsters is an awesome concept...They could easily sale $100K in next few weeks.
Mark @exyle Yes STEEM MONSTERS is Such a HUGE Idea and what that Will do to bring more people to STEEMIT may be a Very Big Deal !!!
I hope to See you doing DLive Tournaments with your STEEM MONSTERS.......
You are absolutely right on this, to earn steem one needed to venture into many activities such as making good post through writing meaning content, making a good comments and make dtube and dlive just like have said.
This is the most important accept of it, having steemPower is the father of all the process through investment or getting people to delegate to you whatever through community help or personal people who are more interested in helping.
Your opinion and observation is absolutely right. You are really a good witness we deserve on here.
very good post, this can be a very good motivation for all of us, and especially for those who just joined in Steemit. To be successful in Steemit is very difficult, if we do not have Steempower itself, because people do not want to vote our posts. But we must not give up, because there are still many other opportunities for us, because even if we do not have Steempower, there is still a chance to get vote for our article, that is through dtube project, dlive, and other projects. If we can produce good content, surely we will get vote. In essence, keep the spirit to work in Steemit, because to succeed it takes a very big struggle. And we have to start from the bottom first. Thanks for sharing @exyle, and hopefully you will be more successful for the future... :)
Combine what you just said with some of the take aways from the Witness Forum you talked about a few days ago...
I think this is an example of Ned's vision. The whole idea of having 100,000's entrepreneurs on Steem.
You are definitely starting to see it with things like Steemhunt and Steemmonsters. And I truly believe it's just getting started. I've got tons of ideas and can 't wait to work on them.
And that's what I believe the 'blockchain of opportunity' can deliver to everyone involved. Exciting times!
Yes, it's very cool to see people come up with all these new ideas and taking a chance!
That explanation of how proof of brain works was helpful @exyle.
I like the idea of buying some cards but can't seem me getting into playing games with them. Given how these things usually work, might there be some value in getting some and holding them or is the value usually in the games themselves?
The value for me is in the fun of collecting the cards and later playing the game. I'm exciting about it and I want to be part of it from the start. I have no profit in mind, just fun.
Thank you for the awesome explanation of proof of brain concept. I never knew it was possible to earn on here without the backing of high SP. As you said it is an amazing idea. Steem monsters is just one of them and I can't wait to see what people will come up with. Am going to start to think out of the box and see if I can get a good idea-you never know :)
Enjoy your improved sight!
I’m an avid Magic: The Gathering player, @exyle, and I bought my first “pack” of STEEM Monsters cards yesterday. It’s early days, of course, but I can see the potential of this project and it’s SO cool. The creativity showing up in our community is unbelievable.
Good day! Wishing you enjoyable travels today as you get new lenses in your glasses. :)
Your earlier price limit to buy STEEM was just way to low, and now you got immediately rewarded because of a great read on the market. You are a good example to be followed of a good emotional control.... made profits, take out some and keep grinding.
If you have a brilliant idea in the "real world", you might succeed, in crypto you are almost guaranteed to have success and great profits, because there isn't much here yet, and proof of brain is much more appreciated.
Steem monsters is an awesome concept .... Nice post , keep good work .
Your post is always different i follow your blog everytime , your post is so helpful . I always inspire of your post on my steem work . Thank you for sharing @exyle
I don't get what steem monsters is about or why it's popular.
Some projects on the steem blockchain I think still requires the backing of the bigwigs because of their kind sir. Nonetheless, it's not a limitation, like you said, Steem Monsters has proven it!
...some projects don't necessarily need financial or upvote support, many a times it's just moral support and attention of the bigwigs. If we must sustain the Steem ecosystem then we need to bridge the "attention" and "access" divide between the whales and minnows.
Thanks @exyle for giving us this information about this genius minds that have put their brains into action.
I look forward to what steem monsters have in store for us.
Everything you pointed out about succeeding on the blockchain is so right especially on the side of having someone with steempower or have it yourself....
With the love we have for blogging and keeping a substantial relationship lets keep kicking, earning, helping and living.
It's good to read your article. Thanks for writing this article.
Sir @exyle your writing is so excellent.
your nice inspiring so very excellent , thanks for sharing .
good post eye opener post..thank you
Really genius! But to the small people and trying to build a community to help others, it was really hard and they need the support of the big man to reach the goal and return back the gratitude by helping also the others. This is what we call community for me...
And what you said is really wow! Really great observation base in your experience... I really love to listen to any video to learn...
Yeah. They are competing. And the mindset of people is really different until they discover what is really it is. Yes, you are right about what you are saying and that is the fact!
Change your glasses! It is 2years! LOL
The power level of the glass 100% change...
I am working on growing my steem power, but its not easy due to low earning on my blog, There is much prospects for Steemit, software developers are developing apps. SMT for me should be the reflection of Erc 20 of Etherium on steem blockchain to add more value to the platform. We should all watch out and don't give up
Eagle Vision!!!
Where is the value of steem if you don't need steempower?
Cool :) We all want get big Steem bower :)
Boss @exyle visit me.
It is without a doubt that they did great and proved it as well.While they are just starting to make the way while hope many will follow their path as well.
Hello there @exyle.
I am new on Steemit, I was introduced to this platform by @mrprecious. I love the Steem Monster Community and would love to be a part of it. I am still learning my way around the website, and I hope to help this wonderful Community with my writing skill
Many Thanks
Joel Daniels
The Refined Writers Club
Proof of Brain wowww quite interesting...
@Exyle