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RE: STEEM Receives First Wave of Investment [Global Blockchain Technologies Investing $20M into SMTs]

in #smts7 years ago

A question for the group... what do you think about this investment? What might it trigger within the entrepreneurial Steem ecosystem? If anyone has additional information about this announcement, please share!

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Hmm @voronoi, I think the best part of this investment is that the platform gets more visibility to the public. As mentioned by @dollarvigilante in his talk at Steemfest, he cited that Steem/Steemit needs a better advertising strategy & innovations on its technicality.

Hmm, I will be more happy if a celebrity starts blogging in Steemit! Then shares it to her facebook, instagram & twitter. Haha.

Hey Jassen! Definitely, the visibility is great, but I think it also has big implications for the platforms to-be-built off of SMTs. Personally, I don't think Steemit.com is designed or intends to compete with a Facebook. BUT... with attention snowballing like this, SMTs could become a default third party token for ALL social networks online.

2018 will be an exciting year :)

I think it provides resources for development. Ultimately, past the hype, a blockchain's value comes from the development. I am guessing this leads to a ton of it on here.

The next 6-12 months will see a large number of apps built upon this.

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