You might have noticed it says “beta” up in the corner. For now the price point that people are willing to pay for steem more than supports it. Our ups and down are like any cryptocurrency in months leading up to August first and the optional risk that bitcoin faces.
Steem is different than most cryptocurrencies because of the way it allows communities within it to build themselves up. You will notice when looking around there are a lot of different kinds of projects some of them heavily supported by the community and other not so much. This makes the platform extremely flexible. It empowers the user to go out there and build a reputation for themselves with the support of Steem. This in turn causes people wanting to invest and support it. More importantly it creates word of mouth promotions of Steemit.
Have you ever heard of a Bitcoin Park? Yet our community made a steem park.
https://steemit.com/steempark/@hitheryon/steem-park-the-first-public-design-project-funded-by-cryptocurrency-press-release
With how flexible it allows people to be it’s the perfect place to launch cryptocurrency projects. Ever heard of #steemgigs most people have not. I consider it to be very early in its development so far. Check out that hashtag and you start to see projects and even company starting to use Steemit among its many users. Check out there page.
@Surpassinggoogle is a very interesting person behind a lot of projects here including things like steemgigs. This was his recent thing he is working on. No big deal he just talk with a company in Dubai about why they should invest $1 million into Steemit. He simply wants to create a market place.
Steemit is cryptocurrencies social media platform. A lot of people in youtube, Instagram, twitter, an all the “normal” social media platforms are hearing more and more about Steemit. They are coming over here and starting to share their content here as well. What does that mean for Steemit? Well naturally these people will want make the most out of their situation. Which means brining on board the advertisers they are already working with to pay them even more to advertise on Steemit. That only helps bring the name into even more boardrooms around the world.
Dose Steemit have everything work out iron-clad sealed and delivered? Heck no, not even cryptocurrency as a whole has that sorted out yet. I’m sure you have noticed cryptocurrency as a whole was able to shed 30 billion in marketcap rather fast and then regain it back. With all the mess bitcoin been as of resent it just shows everything is still growing.
The most interesting thing here is the currency itself. The people you see “draining” the system that you are trying work out if you should invest in or not that you are viewing as “a threat” are just a small amounst. A couple of days ago you could buy steem at $1 it’s already averaging out at $1.50. It has its ups and downs just like everything else in this market.
At end of the day it’s up to you if you feel you want invest. That will require you to do a lot more research then the little bit I have added to your blog. Dig into some wallets https://steemdb.com/accounts/steem do researches get to know people. It’s the only way for you to ever see if this is something you want to be involved in or not. hey you might even start to notice those “advertisers” you seem so attached to are even hiding among us.
@enjar
Thanks for your reply.
sorry but I did not understand is there any advertisement protocol/plan on steem platform for future(after beta).
if yes please share me the documents that I can research on this protocol.
Thanks
Nothing public with a hard outline. Are you looking to invest advertisement money into a platform? We really don't tend to be a place that has a lot of rules. A standard advertisement relationship simply does not fit their current business model. They don’t want be the next YouTube or Twitter where companies pull advertisement money out and force that company to “fall back in line” to get the money. People value free speech more than anything else here. If you are expecting “YouTube level of advertisement friendly” then this place is far from it, and its best to look elsewhere. People in general do not want ads running alongside/on their blogs. Besides that an old business model that will die off from better ad blocking measures.
If you’re looking for rules and regulations for paying a blogger here to advertise then I do not believe there is anything in that regards. We are more of a “does the blockchain allow it” place. Therefore, if you choose to pay a blogger here 20,000 STEEM to promote your new line of shoes then by all means go for it. We are not set up with a marketplace that handles the legal agreements for that. That would have to be something creating by a member of the community who choose to run it and gain trust worth reputation. A major project like that would require the backing of a few witness who put their trust and name behind such an endeavor. For anyone to trust it.
Without advertisers burning Steem to get their content in front of Steemians there's little to no value proposition for investors. There is only value being sucked out from content creators. Many don't invest and just constantly power down. Steem needs to focus on getting advertisers in ASAP! I am only talking about no invasive ads like at www.coinmarketcap.com Just giving a cool place for bloggers to come write stories does not bring value into the system. Yet again, Steem INC. does not get it.
@hedge-x
on below blog:
https://steemit.com/marketing/@steemitblog/the-2017-steem-growth-plan
Nope, it’s you not getting it. Its ok, there are things money just can’t buy you in life. Like understanding the true value of human capital and how that impacts things like this site. Steem at a $402 million market cap. Don’t need advertisers on this site now did they?