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RE: The Case For Advertising on Steem-Based Websites
Yes, I guess to make a sustainable buisness out of steemit.inc they need to sell ad space. In your example with the 300K ad revenue the biggest portion would go to Steemit.inc to finance there buisness costs and therefore is no direct benefit for Steem Price.
Because the Steem get bought for the Ad and than sold again for the buisness costs. But if a portion of the revenue would go to some kind of Steem buy back program, Steem-burning pool or whatever that boosts price of Steem, than that would be a great benefit for all of us, and makes clickin ads more enjoyable.
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Well Steemit, Inc already sells a ton of STEEM on a regular basis to fund their business operations. So if they were to even earn USD from advertising then they wouldn't need to sell as much, or maybe any, STEEM which would also really help the price by reducing supply on the market. At the end of the day, money coming in to the Steem ecosystem will help the token price one way or another.
I agree, good point. I hope that the right decisions will be implemented soon!
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I think that will also make more people willing to join steemit as it would become known as the platform that is truly able to self sustain by having other sources of revenue...That has got to attract savvy investors.