RE: The STEEM Ecosystem: Is the allocation of Delegate STEEM Power to the Technicals being made at the expense of the Commercials and Monetization of the Ecosystem? 5 Minute Short Video. (Apologises for the wind noise).
Good video Stephen. For me, as a business developer and economist, I wonder how so many crypto-projects (not just on Steem) can justify their market cap when there is no real business model behind them.
I think the ruthless correction we are seeing atm has a lot to do with the air flowing out of projects that have very little adoption and near no ability to pay dividends to stakeholders aside from printing them more tokens which again have no value as long as the two above fails.
I think we need to demand more of a public strategy from DApps on their business models and ideas to create revenue streams that can pay dividends to stakeholders (whether it be to SP holders who delegates to them, or to those who invest in their SMT in the future). This, we could then have an open project similar to utopian to reward contributions made to give new ideas to their business models, test their assumptions, market their product and engage with their customers/users.
I would be more than happy to support such a project on Steem and would also love to be a first user with @steempress.
Thanks Fredrikaa. These last 7 weeks has completely opened my eyes since I launched #steemtalent. I am getting so much feedback from the real World it's unbelievable. What worries me, and this comes from +30 yrs experience with a Commercial and Technical background, is that STEEM runs the risk of being so powerful and technically brilliant, that it's just too powerful. I guess what I am trying to say is if to much attention is focused on building a powerful system, it will be a bit like handing out bunches of keys for a load of Ferraris to people who can't even drive..!! If STEEM is not careful it could end up simply being too complicated. I learnt something a very long time ago that I strongly believe in. That is, give the market what IT WANTS, not what you think IT WANTS..!! Thanks for the comment. I appreciate it. Stephen