You are viewing a single comment's thread from:

RE: Steem.DAO UI Live on SteemitWallet

in #steemdao5 years ago

We will not be selling any STEEM this month. We have continued to improve revenue generation through ads while lowering our expenses, but we are still a long ways from covering our operating costs 100%. That being said, we have put ourselves in a position where we can pause programmatic selling, as we are this month. This is a very important benchmark for us because it was not something we were in a position to do just a few months ago.

This is cautiously bullish. I wish you success.

Sort:  

This is good news, but better would be if we had a plan to actually raise the value of Steem. So far they are cutting costs but not increasing the price of Steem. Cutting costs stop the bleeding at least but I hope with Steem DAO it is used in a responsible profit driven manner rather than to just throw money at code.

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 76095.48
ETH 2918.89
USDT 1.00
SBD 2.65