Steem Is A Lot Stronger Than Two Years Ago

in #hive-1679229 months ago

In the early part of 2018, the cryptocurrency world was on fire. We were not far from the all time high and optimism was over the top. It was a sign of times to come since over exuberance usually means a bear market.

Fast forward two years and we all know what happened. Bitcoin went from near $20,000 all the way back down into the $3,000 range. Our beloved STEEM took a 97% hit which was par for the course in the Alt-Coin world. Carnage is everywhere with a FUD campaign that even surprised the biggest conspiracy theorist.

Yet here we sit. On this date in February 2020, Steem is still here. In fact, it is much stronger than it was two years ago.

Yesterday, I came across a post explaining another game that is on Steem. I guess the motto is "another day, another game".

Here is the article about it:

https://steempeak.com/steemquest/@simplegame/steemquest-beta-bucking-mule-part-1

Steem is starting to see some progress on what is rolling out. After a number of years, @steemhunt rolled out their updated platform. From what I can gather, this is going over very well with users.

Splinterlands keeps forging ahead while a newer game, HolyBread had over 1,500 players in a week.

This is all good stuff.

It is important to maintain perspective when viewing something like Steem. Using a bit of common sense, one of the main questions to keep asking is "what is being offered"? This is vital since it is what applies to users. What is on this platform?

Here is where I see the major difference between today and two years ago. Back them, Steem was basically a blogging platform. This was functional however, my view, was that it targeted to small a market. Blogging is big yet still only a small part of the Internet.

We did have D.tube which allowed for video content (vlogging) but that was going through some growing pains. Splinterlands was Steemmonsters and was still laying the foundation for the game.

There were two tokens, Steem and SBD, that were distributed. For the most part, it was tied to blog posts with anything outside of that being targeted.

That said, there was nothing wrong with the point we were at. Development was taking place. Things were starting to change and the next couple years, in spite of the bear, proved that.


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Today, we are much further along as compared to when the market was at its peak. The Steem ecosystem has a lot more projects that people can utilize. Hence, the offering has expanded. We are seeing the ability to cater to a great deal more interests than before.

We also see a completely new reward system in place. Whereas before the payouts were in two tokens, we now see hundreds. From what I can tell, there are a handful that people are gravitating towards which is giving them value. Of course, the original reward system is still in place since payouts of STEEM do occur each day.

Smart contracts, token creation, NFTs. They are all a part of the Steem platform. Gaming seems to be taking on an added dimension as more appear. With the JSON traffic increasing, it is evident these are making up a bigger share of Steem activity.

As the old saying goes, "Rome was not built in a day". With any new technology, there are always challenges. The fact that cryptocurrency has a market leads people to focus upon that. Nevertheless, as Tesla's stock is showing of late, the market movement is often not reflective of what is going on with the company.


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I continue to focus upon the development because that is what is behind all technological success. For a platform like Steem, the key is to keep bringing out new projects while advancing the older ones. This is how things progress. Newer technologies usually lag behind the old in the early stages. Older technologies are usually better whereas the newer ones have the ability to disrupt.

Presently, I believe we are in that window. Most of the DApps cannot compete with the present applications out there. However, the potential they hold, especially in the form of innovation as it comes to a reward system, is tremendous. Over the next couple years, the gap between the two will close, meaning things are heavily favored in the direction of the DApps.

Just the other day we received an update along with a road map for another Steem-based game, CryptoBrewmaster. This is slated to go live in April. What I find interesting about this project is they intend to target the microbrewers of the world. There are well over a million of them. While it is not the biggest market in the world, it most likely is a dedicated group. From some of the plans, it sounds like these could be loyal people to bring on board.

Here is that announcement:

https://steempeak.com/cryptobrewmaster/@cryptobrewmaster/cryptobrewmaster-concept-arts-for-an-alpha-release

There is a lot going on that can change things. We are still early in 2020 and look at all that took place already. Certainly, a much of this was in the works long before this but that is the point: there is a lot going on behind the scenes right now with projects that will be announced throughout the year.

All this adds up to a platform that is much stronger than it was a couple years ago. Markets go up and down yet steadily development moves things forward.

It is going to be very exciting to see what else rolls out this year.


If you found this article informative, please give an upvote and resteem.

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Posted via Steemleo

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I joined Steem with the promise of weath and cryptocurrency via blogging. I stuck around because of the community. Seriously, Steem has a seriously awesome community here, even if we can never agree on anything.

Yes we can.

no we cant

Posted via Steemleo

or maybe we can, im not sure

Posted via Steemleo

maybe :)

I actually started steeming for the same reasons; money and crypto. But it turned out harder than expected to make either (money &/crypto) so I'm here mostly for the backlinks, linkbacks and the community...I guess😁

I look forward to the app that makes our blog look more like a webpage making our old posts easier to find.

It would be super useful for starting a niche blog.

I would pay for that service too. Why pay bluehost, when I could pay steemhost?

Posted via Steemleo

I think some started a project for that on steem

I would love to hear more about it.

I am back after a 2 years break of cryptoverse. Cryptos made some buysignals lately and that is why I checked back to my favourite cryptoproject steemit. One should never forget, that a project is only as good as its community and a real use case. And Steem has both :) That's why I start to accumulate steem on a monthly base again and I am curious about the future. Steem on mates!

very true, i saw the ATH in jan 2018 and the subsequent dip in btc and alts like steem, but the blockchain is going from strength to strength.

I agree with that. Looking beyond price reveals a different story.

Posted via Steemleo

STEEM is a beautiful blockchain... I love it.

Agreed, but the whiny screams and screamy whines of the Elmer FUDs are still something I have to shrug off on the daily :)

I just sent 5 BEER to @steemcityevent and paid for a beer festival, which delivered a +84 boost to my city's popularity for 24 hours. So these games can choose to accept each other's tokens and NFTs. Cross pollination :)

You have less than 20 comments on this post, and its "trending", are you sure about that?

Oh oh weekend at bernies is back 😮

this is insightful and informative...

Posted via Steemleo

This is a very good analysis.
Since market fluctuations cannot be avoided in any market, surviving and making an overall profit, even small, in the long run, should be the ultimate goal, I believe.

Congratulations @taskmaster4450!
Your post was mentioned in the Steem Hit Parade in the following category:

  • Pending payout - Ranked 2 with $ 61,32

What I like about Steemit isn't the idea of earning a few cents from blog posts, but rather the decentralized nature of blogging.

Creating something controversial on Medium or Facebook has the chance of it getting deleted. On Steemit, the only risk really is getting downvoted and a few nasty comments.

I still see a lot of potential for independent journalism or small businesses to utilize the platform, even if the currency itself isn't so strong.

Bitopian

I agree. I think steemit needs a more attractive interface or at least more options to customise and personalise the layout. I also think that steemit rewards should be permanent rather than expiring after 7 days.

It's stronger now than ever.
Together we're here and we'll be forever!

with love, your wordly friend @spellmaker

I absolutely agree with you, I think Steem has a great future ahead with all of the DApps and other great developments 🙌

It's really getting better.

Thanks for the kind mention! We pushed our sps! Would u give us a vote pls! Cheers 🍻

Posted using Partiko iOS

Love microbrews, so looking forward to what you're bringing to bear!

👍👍 Thanks!
Where are you from?
You can join our Sicrord server for getting the latest info faster
https://discord.gg/CVhUnp

Cheers and have a great day! ❤️

Greetings, @cryptobrewmaster, and sorry for the delay . . . I initially saw your reply on my phone and for whatever reason it wasn't allowing me to respond.

Our mini farm is in Middle Tennessee, on the Highland Ridge of the Cumberland Plateau, roughly midway between Nashville, Knoxville and Chattanooga.

We moved here in 2011, and one of our eventual goals is to start a microbrewery of our own, along with a micro winery and distillery, though that is on the back burner at present.

My husband is originally from Poland, and has been distilling and brewing since long before we met, which I can't wait to get back into, even on a small scale. In the meantime, one of my own specialties is making liqueurs, which will hopefully ultimately provide us with a stream of income, once we make our way through the legalities involved. For now they're strictly for our own use.

So what kinds of microbrews do you make, and how did you get into brewing?

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