The social media platform on Steemit will never go anywhere. I'm not sure how long you've been here but you'll figure that out before long. To give you a hint, it's a terrible experience to go to a site that rewards content because it's creator has money in the system, rather than rewarding content because it is good. If you think the "best" content rises to the top on Steemit you are very mistaken. I mean, have you seen the Asian girl making hundreds or even over a thousand dollars for posts on food? Come on. That can't last. It's not real. It's a manufactured result.

Add to that the spammers that are stealing money and the bots that rape the reward pool as well (and the fact that those bots could be being run by the sites owners - who better to know how to scam the site?), and you'll soon understand that Steemit simply scams on the little guy for the benefit of the Steem-Rich.

Steemit's only chance to be something was going to be via making tokens for other companies but with the Steemit social networking platform as it is, that's never going to happen. No company is going to want a bot infested, spam riddled, reward shit content system for their community platform. And it especially won't happen when a company like Simple Token (and there will be others) is going to do it tens times better.

I said it over a year ago I think, that another company was going to come along and do it right and that Steem was missing an opportunity, and now they are here. Too bad, but at least we now have better options for our money. :)