There is a Silver lining for the Steem blockchain, I still be blogging and following my community here

in steem •  5 years ago 

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There is a Silver lining for the Steem blockchain, some believe, it was best for them to move forward and that within their right. We should respect people decision as its their right, nonetheless, I have made the decision that I would continue to blog here and continue to share this platform with as much people as I know are interested in alternative social media.

I wish those in the Hive community all the best but I hope it does not result in a case where one tries to sabotage the other. I like to make some suggestion to Justin Sun and his team going forward that I think would have an overall positive impact on the platform. These are some of my suggestion

  1. Identify a list of manual curators encompassing and covering a wide range of topics with priority areas that likely to galvanize interest. These curator where possible should be delegated Steem power to help incentive and grow quality work within that community. This can be taken through a Twitter target audience, as an example, we are now in a CovID-19 pandemic, targeting researchers to share their content and rewarding them could be one way forward. The idea behind this approach is creating "niche" that would eventually sustain itself as readers would likely want to support researchers and generate enough interest from readers that are likely to comment.

  2. Engage exchanges to consider a $Steem futures market, Binance and other platforms with futures market would work well for this product. Once that is done, have periodic trading competition, this would help galvanize enough traders to bring much needed liquidity to the Steem ecosystem.

  3. Identify Steem ambassadors across different geographic regions, they are responsible for organizing Steem related events and ensuring Steem has a presence. Steem ecosystem could do really well in Asia and Latin America, I believe its two key geographic location that it can outperform the likes of Twitter or reddit and further grow the blockchain adoption that is taking place in those regions.

  4. Turn SBD from a pegged currency to a floating currency, with a floor of 0.90 - 1.00 USD and unlimited upside potential. Also recommend taking the debt-burden from 10% to 3%, ensuring that the blockchain isn't carrying to much debt and scarcity aspect attracts traders/ speculators. This would add a money-flow dimension to Steem ecosystem as SBD above 1 USD, can then be used to buy Steem on the internal market further reducing its supply. Given SBD past performance, with hodling and market dynamics, with time, this should positive impact the overall market and have upward pressure on both.

The general principle moving forward is to ensure that the platform is a place where content creators want to be, those with other interest have moved on, its now Upward and Onward. "Steeeeeem OOnnnnn"

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