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No its will be built using a SMT ontop of the steem blockchain. It will have curators for each of the trending categories who are voted in by the users and they have delegated power (like steem power) from the platform so they can up and downvote content on the trending. Addresses a lot of the issues here. Similar to what ONO is planning on doing (ONO will be built using a token ontop of EOS). APPICS will be good for steem price still as they have to hold steem in bond to obtain bandwith on the blockchain.

Very interesting stuff! You are far more knowledgeable in these matters than I am :)

Do you hold any EOS tokens? I wanted to buy some last year but I couldn't figure out how to do it.

So, once EOS launches, Steemit is finally going to have some competition. That's probably a good thing.

I don't hold any EOS; but competition is always a good thing.