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RE: Is Steemit in Trouble? (new ICO)
I think steemit has the first mover on the matket advantage. Combined community, working beta, even Dtube quality network. Steemit really beats out other project hands down tronix- media protocol etc.. are necessary competitors as the market grows or narrows....
You're making a great point that Steemit has the first mover advantage against other platforms. But MEDIA Protocol itself isn't a competitor; it will be turning other platforms into competitors of Steemit. So as far as individual platforms go, the market is about to become cut-throat once this project lifts off.
So your saying media protocol is more open sourced and Steem is seen as more legacy based software.
I do want to see Steemit 1.0 if it has any major changes when launched.
Thanks again hatu!
MEDIA Protocol can be seen as a Steemit-builder. Turning anything else with a URL into a content hub similar to Steemit. So, I guess you can saying it is spreading the legacy of Steemit's finctionality across the web.