Hello Steemit friends,
yesterday i asked the question "Exponential growth of STEEM is over?" and also looked on predictions like $10 for STEEM in the next 6 months. Now i found a chart with other well known social media platforms and their monthly active users and researched a similar number for Steemit in a near timeframe.
What is monthly active users?
That are unique users who used the platform at least once in the last 30 days. In other words that are also active users in comparison to the user accounts which are regularly much higher in numbers than the true active users who contribute to the platform. It is possible that active users must post something and that there many more who just upvote, delegate SP, doing just invisible things in the background. But also if there are 2 or 5 times more in the chart below it doesn't matter if we look at the numbers in comparison to other platforms today.
What's the importance of monthly active users?
They show the adoption of a platform. For a new platform this number should constantly growing and the strength of growth is a indicator if there is a competitive advantage or moat.
Now i come to the chart for Steemit in comparison to well known platforms, and yes it's surprising if you're active in this ecosystem:
sources: https://techcrunch.com/2017/06/27/facebook-2-billion-users/
https://steemit.com/statistics/@arcange/steemit-statistics-20170830-en by @arcange
If you look at the 27,000 monthly active users on Steemit (Sep 1 2017) and compare that to the smallest entry Snapchat in here the monthly active users are about 9,400 times higher for Snapchat! But even crazier is the relation to the number one Facebook which has 74,000 times more monthly active users! Steemit is simply not yet visible in the chart.
Steemit is simply not yet visible..
But if we look back to last year on August 14th @mata published a post where we see 64,381 registered accounts and about 5,000 active accounts which is about 5.4 times higher than last year. If this continues we could see about 150,000 active acounts in Sep 2018 and maybe over 1 Mio registered accounts. Today i think we are near 300,000 registered accounts (about 1/10 of monthly active users), which is about 5 times higher than 2016.
5.4 times higher than 2016
If my numbers are true based on the statistics of @arcange and @mata, then there is such huge and unbelievable potential for Steemit it's just staggering! I looked at possible outcomes of current developments or events which could happen in the near future and hope that will. The next months and years should show a massive growth if Steemit is a competitive platform in this field because it can grab huge market shares easily with a more attractive solution than others. Going mobile is one important step with ease of use in daily life, also the desktop useability with SteemConnect2.0 could be a catalyst.
It's just the beginning!
If we look back when Facebook was founded in 2004, it's now 13 years ago. Steemit exists just since 2016. In the Whitepaper we read..
Steem aims to support social media and online communities by returning much of its value to the people who provide valuable contributions by rewarding them with cryptocurrency, and through this process create a currency that is able to reach a broad market, including people who have yet to participate in any cryptocurrency economy.
Exciting times ahead for us!
STEEM ON!
visit SteemConnect2.0
Introduction SteemConnect2.0
visit with Steemit profile
Also read my post about my experience with SteemConnect2.0 from a user perspective.
visit DSound
Introduction DSound
Listen DSound
also read my post about my first experience with DSound
visit DTube
Introduction
Watch DTube
👍 If you like the read please follow me, vote me up and resteem! 👍 Thank you !👍
see also my other posts
EXPONENTIAL GROWTH OF STEEM IS OVER.. AT LEAST FOR NOW! - LET'S LOOK FURTHER
ODD CATEGORIES IN STEEMIT - WHAT THEY MEAN AND WHAT'S THEIR IMPACT OVERALL IN CURRENT STATS?
Exciting times ahead steemit friends!
3D animation steemit created by author
Please click my referral link to Steemfollower
Thank you!
Don't forget to vote for up to 30 witnesses to maintain the greatest social platform STEEMIT!
unmarked pictures/animation from giphy.com, pixabay.com
Steem has potential to grow more than what it is now the only thing is steem should be promote on other platforms such as Facebook, Instagram because steem is the only platform which pays you for the amount of time you spend on steem by upvoting, curation, commenting..... Steem is definitely the best
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That's a good point i though about several times and i'm lookin' for ways to improve the visibility of Steemit. @jerrybanfield is a pioneer in this field to catch attention of users from other platforms. I think today it's much about convenience. The major platforms are fully developed and fit perfectly in daily life of people where Steemit is like an alien at the moment although many things are already strongly improved since the beginning.
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Yes by 2021 steem will be highly rated just like youtube !!
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Good encouraging analysis for all stemmers
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Thank you for the motivation, i was surprised by myself what huge gap is between Steemit and the established platforms. A bit like Tesla who was ridiculed for many years by big companies.. now they are running to win the race.
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I am on Steemit daily and never did I thought we were around 300k. Thought more like 100 million, lol. Must be because I keep reading a lot on Steemit.
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Yes we have a market cap of about 300 million for STEEM but the user base is still small and that's the beauty for me, it just starts and many things are in pipeline. Thank you for your comment!
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@votes+Comments Please back me in my blog posts thanks and I follow you and you follow me/////......
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Dtube is awesome!
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Yes, i think it's a wonderful satellite in the Steemit ecosystem. The beauty for me is the integration like DSound. Each app is like a brick on the Steemit platform. Thank you!
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Some good info here! Thanks for putting it together.
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Thank you, i'm learning more each day and i'm glad if you can use the info for yourself!
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VERY ENCOURAGING. NOT GONA GIVE UP. PATIENCE IS A KEY
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Yes, thank you, STEEM ON!
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I agree, @Steemit is still in its infancy but it is during this time that it will carve out the trajectory it will follow. I really hope that the crypto components assist in maintaining quality and integrity on the platform. Thanks for sharing this post, will follow you account to see what else you have written.
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We'll see however steep the curve will be i think it's poised to go up. Thank you for encouraging words! I'll look into your blog!
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A really excellent summary of information. Highly appreciated. Upvoted and resteemed.
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Many thanks for resteeming and your motivation!
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Very cool insight. Thanks for sharing. I'm one of those new comer to the platform. Only 4 months in, and I just took out money for the first time in Laos, a country neighboring Thailand. Very revolutionary. I'm happy to be part of it. Great post my friend! Keep up the good work. Up-voted and following!
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Great news to use STEEM in such a way, never heard of that before. Thank you for the encouragement, good travel! upvoted you exciting post and follow you now!
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Awesome! Thank you so much!
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Thank you for a interesting post :)
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nice if you get something out of it, thank you!
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This post was resteemed by @resteembot!
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This post was resteemed by @resteembot!
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Steemit Bank invested in your post.
Follow Steemit Bank
Support the project by upvoted the this comment.
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I do not want to profit on Astmnet I want serious advice, my friend
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Excuse me, please explain?
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