Notice how it says that this blockchain is generating roughly $4M a day based upon the current pricing of STEEM.
I think your math is wrong. That’s the size of the reward pool rather than how much is generated per day.
If there are currently a bit more than 260 million Steem and the Steem inflation rate is just over 9% per year, that works out to ballparkish 65,000 Steem per day.
For Metcalfe’s Law, the value of Steem might rise as the square of the number of users. More ballparkish numbers, let’s say 500,000 total members nowish going to 5,000,000 members at some point in the future, a 10-fold increase. The square of that being 100, that would put the value of Steem at $500 at around the 5,000,000 members level.
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