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RE: We have 35 Whales, 285 Orcas, 1788 Dolpins and 8823 Minnows
Exactly. Steem is first and foremost a social media. A lot of people cannot leave facebook/Instagram because of the level of engagement there. If we can get that, then the money may not even be so relevant
The new apps need to help people connect with people they are interested in also.
Hmm, isn't Steem first and foremost a cryptocurrency blockchain with a heavy emphasis on stake? Hard networking can overcome many of the limitations of unluckily coming with a small stake, but I'm not sure whether investors are coming here for the promise of profit or for the promise of having a place to share things.
Pointedly not.
Though it would be more accurate to say that the steem ecosystem is first and foremost a set of social media platforms with a common "scorekeeping" device which is implemented via the medium of a public blockchain which happens to have a heavy emphasis on stake.
It is pointedly not a cryptocurrency. It's a crypto-commodity, and the commodity is – theoretically – the valuation/quality of content in that social media ecosystem.
Which is appointed problem when there are no people generating serious quality content for that social media ecosystem. The commodity is valued marginally. It has nothing to offer people.
If people engage with the system, the commodity grows in value. If they don't, the commodity has no value.
People are not coming to the steem ecosystem for the promise of having a place to share things. There are lots of places to share things, most of which have a better UI, more attentive developers, and frankly a better community. Most of the people who show up are here looking for the promise of profit, and even those people are being diluted thanks to the fact that Minds is now mining the same vein.
Offer something people want and they will come and get it. Fail to offer something people want and people have no need for your commodity.
This is a harsh truth.
the harsher truth though: not only fail to deliver what was offered or implied ("promise of profit") - but even make them PAY for each and every basic trivial action. :D
from registration to just simple post Editing. as you said:
have to add to that and emphasize: "and where they do not have to pay to share things, but can do all those actions for free" (nor are told to Invest / Lend into ecosystem if they want to raise those limitations)