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RE: Steemit Engineering Update: Continued Progress on RocksDB, Condenser Split and More

in #steemit6 years ago
We have also signed an advertisement agreement with a major crypto project. We believe that steemit.com should be a welcome home for all projects that share our goals of accelerating the adoption of decentralized and public blockchain technology and are excited to help other projects leverage our platform to increase awareness about their efforts.

This is fantastic news. I don't think most Steemians will find such ads annoying in the slightest. And ads are a necessary part of a profitable front end going forward.

Coingecko created a Steem account of its own (@coingecko) for marketing purposes a few months ago. Coingecko bought 3 BTC worth of STEEM and powered all of it up. They did not do this to make money. They wanted to spend money to make themselves better known among Steemians, an audience very interested in developments in the crypto space in general. This sort of thing is exactly what Steem needs! What we should do is market ourselves as a platform frequented by tens of thousands people, most of whom are keen on hearing about new products and developments in the crypto space. It would be very desirable to have many crypto businesses of all sizes come and buy STEEM and power up. That's how you will begin to achieve a high and stable value for STEEM. From what I can tell, Coingecko has conducted itself in an exemplary manner and is a great model for other corporate accounts to follow.

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