Narrative - a Steem Competitor - Suffers a Premature Death
Life isn't easy for most Crypto projects right now. While many of the projects in the top 100 of Coin Market Cap are nothing more than roulette chips for short term gamblers to bet on, without a project nor a team to back them up... some real projects end up facing a premature death.
Today I woke up to the news that Narrative - called by many a "Steem Killer" - is already shutting down its doors.
Reading about it, it seemed like a good competitor and competition is always good in a Free Market. It forces competitors to step up their game. Narrative seemed like a good proposition, with a lot of clever ideas and mechanisms.
However, it was very short lived. I registered at the site, just to check it out, but I didn't even tried it... and now it seems pointless to do it, since it's closing down, leaving everyone who invested in the dust.
Meanwhile, Steem is still kicking and screaming but with some of the Top Witnesses doing nothing but damage to the platform, with their crazy ideas (Free Downvotes, a SPS Funding System which doesn't really fund anything, etc...), and other Witnesses working as hard as they possibly can to move us forward, I wonder if we'll face the same destiny. 🤔
I sure hope not, since I enjoy blogging on this site and I've met a lot of cool people along the way, some of whom even help me with my adventure of learning Russian (yeah, I mean you, @apnigrich and @singa - спасибо большое за помощь). 😊
I really hope the Top Witnesses get on the same page and start working together to make sure Steem is not going to be thrown under a bus.
But I also don't like to see the competition die without a fight. Without any platform to compete with, the incentives to improve are non-existent. And that's not good at all.
I've heard that Voice is getting ready to kick off a beta version... will it be the competitor that will force us to step up our game? I'm not too confident. In fact, I'm less confident in Voice than I was in Narrative... and that one is already history.
Hi @trincowski!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.247 which ranks you at #3029 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 95 contributions, your post is ranked at #72.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
I sure hope we are here to stay :O
All we can do is wait and hope for the best.
Maybe I am !DERANGED but I do give some away too...
Yeiii! Thank you for that! 😜
Long live Stream. Hope steem will touch $10 USD mark one day. All the best to Witnesses
Posted using Partiko Android
You know how they say: hope for the best, prepare for the worst.
Thanks for your visit! Here's a little bit of !BEER for you.
Sorry, you don't have enough staked BEER in your account. You need 6 BEER in your virtual fridge to give some of your BEER to others. To view or trade BEER go to steem-engine.com
Wow thanks for the !BEER 😁
Posted using Partiko Android
View or trade
BEER.Hey @dev1993, here is a little bit of
BEERfrom @trincowski for you. Enjoy it!One steemian told me about it right before they left and said it was better than steem, I can't see how they monetised things though, I guess if you can't pay your hosting you have to eventually sunset. I really hope steem doesn't end up the same way, we've all put so much effort into building this site over the last few years
I couldn't agree more.
Steem is decentralized, even if Steemit inc shut its doors the blockchain will still run and devs will still build. I think we are in the clear, the blockchain itself has value albeit from the community. While the data is on chain, most Steem DApps render from GitHub— so we avoid hosting costs as much as possible.
Posted using Partiko iOS
I wonder how did their token economy worked @chekohler
I guess we will never find out. RIP Narrative
Cheers, Piotr
Спасибо, @trincowski, за добрые слова. Я рад, что познакомился с тобой.
Rock on!
Как сказать это на русский язык?
Жги? Зажигай?
Oh, wow, never heard of that, so never tried that. And aren't you going to use @appics soon?
Appics don't attract me very much. I prefer to use eSteem and Busy.
!SHADE 2
@trincowski you have received
2 SHADEfrom pifc!View and trade the tokens on Steem Engine.
This tip bot is powered by witness untersatz!
I registered in narrative also, I wasn't a fan of there because I don't know. It feel's like I'm not enjoying there. I shared images but after I shared it here. So sad they're closing it..