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RE: Steemish Get New Face Lift And Website Redesign
So in essence, does this mean a complete break from the Steemit platform? I'm hoping not. I am a member on SteemThat and hope that this interface with Steemit can grow and evolve. To conflate the SteemThat experience with a new and different token sounds to me like SteemThat is biting the hand that feeds it.
We started with a simple in house rewards points system called Steem That Tokens. We originally wanted to use SMT but Steemit still hasn't released any updates about these or if they will even do this. Actually Steemish will help prop up Steem and SBD. If you get a chance to read the white paper I think you will find it interesting. SteemThat.com is a vehicle to disseminate the Steemish tokens. The more people that have Steemish in their hands the better as a general rule.
We will be investing 50% of revenue earned from Participation with Steemish or SteemThat tokens into Steem for the Curation Specialist Accounts. For those that might not know what these are let me explain. The Curation Accounts Upvote Members Of SteemThat who use the Auto Share Feature. Additionally these accounts will white list your Account once you help them grow. Being white listed helps ensure you always receive some upvotes for your posts and get larger percentages of upvotes verses free accounts... The more powerful they get the better it is for you and the community!
Our existing rewards system was not trade-able as it wasn't blockchain based. The Steemish Tokens are blockchain based and are currently trade-able P2P and eventually will be trade-able on exchanges. This give users something more than just a hope and a dream. With a limited supply and increased demand if we were to enact a membership fee at some point that requires Steemish to purchase that membership and members have the EPOS majority position then members can determine the value of the Steemish and trade them accordingly. It is truly a free market token built on the Ethereum blockchain.
As more and more platforms become decentralize and offer rewards for works done we can be more than just a platform that promotes Steemit and helps Steemians Grow. We can also find other platforms such as Dtube or non Steem blockchain platforms that reward customers and assist with various platforms all while also helping members earn some rewards that will one day help them get started on the various platforms as the barriers to entry continue to rise. Our first focus will be on Steem blockchain platforms.
https://SteemThat.com is a small community membership platform that offers 2nd tier rewards to help members learn how to grow on first tier platforms. If Steemit were to collapse tomorrow we would be up a creek and what do we offer our customers? Steemit is still in Beta and a proof of concept platform in transition. Anything could happen and I hope it shoots the moon! We have a 4 year plan of community development growth and though I would love to put all our eggs in one basket I don't think it is wise to do so.
We feel that SteemThat.com is a complimentary platform that can at some point extend its reach further if needed and capitalized. We do offer a real social media platform that is still missing from Steemit after 2 years and millions of dollars. We help real people connect with real people.
What Happens If SteemThat.com fails?
Since we have invested 50% of all earning into Steem we hope Steem is still going strong. We have produced an exit plan in the event we cannot continue due to financial or future legal constraints. In that plan, in a nut shell, We power down and divide among the members that participated according to that participation.
What happens if SteemThat.com grows too fast and runs out of tokens as there are on 10 million available or expansion is needed further?
We can take a community vote and discuss a hardfork with members where we create a new token if the majority of members approve.
@retiredinsamar I'm looking forward to hearing back from you if investing several million USD into Steem will help or hurt our relationship with Steemit? Thanks for the feedback.
A lengthy response like that tells me you have a lot vested in this project. I guess my entire issue is this - as an old-school blogger and a newcomer to crypto-based platforms, all this can be totally overwhelming. Take any newcomer who is NOT technology-minded... this all can be way to much to secure entry and loyalty, without a lengthy trip down into the rabbit hole. I made the journey onto the Steemit platform successfully only because I understood crypto's (basic) beforehand. To anyone without any knowledge of how this all works... well, it can be very intimidating.
You are 100% correct Steemit for beginners in blogging, social media, crypto currency has a learning curve so steep that its growth is slothish. It is a new space a new concept and things will be refined over time I'm sure. There are many many people that have used SteemThat.com and made friends , learned valuebale real information that has helped them grow. The new token might not be for them just yet. But for more experienced cryptocurrency folks it is a super smart move. It allows you to help others grow, help yourself grow, and be rewarded in the future also for helping both platforms. It is the first such website of its kind and time will tell. We are picking up some support now and if we can build up enough support the next time you post on steemit you will see it. The Steemish basically pays you to buy them. No matter how difficult it is people should want to ride that train. 😀
So in essence, Steemish token ownership has nothing to do with simply using Steemthat. I guess I am just a little slow in melding all this together. I'm still on my first cup of coffee for this new day also!
We will continue to encourage members to write articles on Steemthat.com that help new folks learn about Steemit.com. We built the Easy Steemit and will continue to add to it. Perhaps we need an Easy SteemThat.com now...😀