Crypto Briefing put out one of the best cryptocurrency reports I have seen to date.

Steem was featured in the latest Crypto Briefing digital asset report and they actually got a lot of things right.

If you are not familiar with these reports, the Crypto Briefing digital asset reports are some of the best in the business.

Very informative, very in-depth, and they actually get most of their facts right.

Which is something a lot of these crypto reports fail to do.

The report in its entirety can be seen here:

https://cryptobriefing.com/steem-digital-asset-report-token-review/

An example of what's covered:

The report talks about some of the issues steem has faced thus far, mostly related to steemit.com not doing what many thought its intended purpose was; reward quality content.

However, it also goes on to show the market potential still in front of steem if they can right the ship with steemit.com by comparing it to other popular social media sites in terms of active users:

(Source: https://cryptobriefing.com/steem-digital-asset-report-token-review/)

For comparison, steem surpassed 1 million users in May of 2018.

The report went on to state that the size of the social media market is expected to grow to $39 billion by the end of 2019, leaving quite a runway.

Steem currently has a market cap of $151 million.

This was just one area they focused on of over a dozen.

Final Conclusions and Ranking:

Per the report:

"Initially Steem as a blockchain was built with a clear use case and by introducing Steemit, achieved good results. The platform attracted authors that could start receiving cryptocurrency for their works, generating good profits for some during the bull run. The platform was also successful in attracting outside developers to build on Steem.

However, after the market turned red, some of the issues that were neglected when the cryptocurrency prices were high started to hinder the project’s development. STEEM Power centralization led to a decrease in the quality of the content, and authors started to leave Steemit. In addition, the company that supports the development behind the project has faced financial problems and had to lay off nearly 70% of its staff, shifting the team’s focus to cost reduction.

The current prospects of Steem are questionable. Therefore, due to the above risks, it is graded with C."

Final Verdict: Steem gets a C rating.

Which is actually about right where I would rate the project as well. Tons of potential, but has lived up to almost nothing thus far.

Check out the full report for an interesting read folks.

https://cryptobriefing.com/steem-digital-asset-report-token-review/

Stay informed my friends.

-Doc