Thanks @nitego, You are appreciated for the nice feedback.
I don't have a deep understanding of EOS, but I think EOS will compete with Steemit and the whole Steem blockchain. SMT is a project that lets the people to Monetize their websites like Steemit based on the Steem blockchain. I read some posts about EOS that being said, Dan Larimer (The Cofounder of Steemit and also CTO of EOS) come up with the idea of EOS to overcome some of the Weaknesses/issue of Steemit. I think, there should be some competition between Steemit & EOS because this way both companies will serve the community well.