I think what they have is enployees who can work on different things. Not everyone is capable of making SMTs, they probably leave that to Vanderberg and one or two other devs to do once they are done with MIRA.

The rest will take care of steemit.com. It’s not only important because it generates revenue, but because it’s the flagship of the blockchain.

We have hundreds of Dapps on steem, but for outside investors (retail), they link steem and steemit.com together. They like the website, they buy the coin. They don’t like it they don’t. Same for swing traders, and maybe some big investors who look at steem as an altcoin to diversify into and potentially make crazy gains (without too much research).

Steemit.com needs to be the “hype” of steem. It’s our marketing. We don’t have a Justin Sun that can bring investors with litterally nothing, so we need a strong flagship. It has to push up the price of steem, and with a high coin price there is no limit to what steemit, inc can do.

They have 25% of the supply, this is huge. At 5$ their holdings were worth about 400 million usd

Posted using Partiko iOS