SteemFest to Bring ‘Steemians’ Together in
Amsterdam
The Steemit platform , which rewards users for
posting content, has gained a lot of attention over
the past few months. Steemit users and its
creators believe the application’s growth is a
revolutionary factor, changing social media as a
whole. Roeland Landegent wants to leverage the
rising popularity with a three-day event in
Amsterdam, Netherlands.
Landegent believes the event will succeed
because “Steemians” are a diverse crowd with
similar goals. The Steemit developer explains
that, since the platform started, “blogging has
become the new mining.” Landegent also details
the purpose of the event during the
announcement, stating:
“The purpose of SteemFest is to
leverage the incredible vibe of
Steemit and create an environment
in which a group of diverse
thinkers, technophiles,
libertarians, crypto enthusiasts
and creative people can
congregate. We will be able to
nurture new relationships, learn
from each other and discuss the
endless possibilities of the
Steemit blockchain for blogging,
apps, business, and development.”
Steemit Has Gained Quite a Bit of Attention
A lot of the attention surrounding Steemit
focuses on the significant amount of money
people have received for blogging. For instance,
Landegent’s post about the conference got over
600 upvotes, earning $11,000 USD. Additionally,
many well-known libertarians and cryptocurrency
industry innovators have joined the platform. This
includes Jeff Berwick, Charlie Shrem and Lyn
Ulbricht.
Steemit also has a first-mover advantage, and
proponents like Landegent say the sky’s the limit
when it comes to Steemit’s future. Landegent
explains, “the potential of the Steem blockchain
is truly limitless; this is what we want to
celebrate while also thinking of ways to enhance
further mainstream adoption and modernize the
way people can gain more for their community
contributions.”
The Blockchain-Based Social Media Founders
Will Be Attending
SteemFest will award all attendees 1,000 Steem
Power just for coming. Steem Power — a
cryptocurrency — adds weight to the voting
protocol. The more Steem Power a user has, the
more significant their votes become. Additionally,
the Steemit founders Ned Scott and developer
Dan Larimer will attend the three-day festival.
CEO of Steemit Ned Scott explains that he’s
thrilled to see events like these surround the
Steem community, stating:
It’s amazing to see so many
people from around the world
using Steemit and organizing
events on their own initiative –
that’s the power of
decentralization. It is critical that
we incentivize those doing their
part in growing what we believe is
the future of online social
economies. My co-founder Dan
Larimer and I will be proud to
attend, and we look forward to
meeting some of our European
community in November at
SteemFest Amsterdam.
Competition Entering the Market
Steemit supporters believe the platform is the
next step for social media. However, it will soon
have competition with the Yours network and the
Synereo community. So far, the blockchain-based
blogging application has done well for itself. But
some have also questioned if it can be
sustainable, or if it’s just a fad.
Steemit has proven the public’s love for the
attention economy, and there’s no doubt social
media is moving in the direction of
decentralization and rewarding great content.
Whether or not Steemit will continue to lead that
trend remains to be seen.
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