RE: Steem is a cool idea. Here's how it could become really BIG!

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Steem is a cool idea. Here's how it could become really BIG!

in steemit •  8 years ago 

The vision of Ned and Dan was to build a social news network, that is the place where high quality content is rewarded by Steem. This will make Steemit to a better Reddit or even a better Facebook. As a side effect it will create a new cryptocurrency called Steem. In my understandin Steemit was never designed to be a service like Flattr.

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Thank you for your opinion. I think a lot of Facebook's success is explained by the Like button. They have developed into a kind of "web standard" with this button that appears on most websites today.
A Like button for Steem would be automatically a service like Flattr, because upvotes carry "money" with them. So, why not explore the content monetization business in depth? It could let explode the user base.