I have heard a lot about Props from the very early stages, I immediately understood that their existing audience would make them a real powerful contender for the future of social networking but I didnt personally invest because I was already deep into the Steem train.
I think they can co-exist, because as I understand Props is really just a social networking, chat app, that enables content sharing in the form of small snippets, which are then either "liked" or not, and the likes garner their new crypto token.
That will do well but my attention and time is so focused on the future of this platform. Steem can really be gigantic.
I was posting today about how 3 months ago we had 300,000 fewer users on Steemit, from about 450,000 to today 775,000-ish. In that time we have seen the price of steem move from 0.80 cents to $4.20 USD. that is about 5 times the value, and that value increase coincides with a user increase of about 60%.
What will Steem be worth when we get another 60% increase in users, 1.25 million users? $10, $15?
Exciting.
Yes I believe they can co exist as well, I see steemit more as a written content platform and Rize as live video streaming, chat rooms, and short video clips platform. The future of social networking is definitely growing and the new decentralization standards will allow many different platforms to flourish instead of the same 3-4 who are currently controlling the narrative. Information and user created content will be more transparent, available, and powerful in the next coming years. Thanks for your thoughts.
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I like your writing. Have an awesome night!
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