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photo credit Lance Koonce Twitter feed.

Yesterday @ned, Steemit CEO, was part of a live panel at the Consensus event, debating various aspects of social media and monetization. By watching the live blog feed of some of the participants, I isolated a few key points, which I'll try to summarize below:

• @ned thinks distribution of crypto assets by using social media channel is an accelerator for the value carried by these assets
• cryptocurrencies are a new type of commodities, something that "was never offered to people before"
• Steemit was the first platform to distribute cryptocurrency "just like points on Digg"
• the most important thing is the platform, not the app (obvious hint to Smart Media Tokens)

Here are a few excerpts from this Twitter feed:

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If you want to follow @ned on Twitter, here's his handle: @certainassets. The presence of @ned at Consensus is the second biggest marketing activation during the last ten days (if we don't count the Korean tour) after the recent Bloomberg feature.

The markets didn't seem to price this in yet, but it's still way too early to evaluate the impact. Big players usually calculate their entry for many weeks / months and when they do it, they want to maximize the benefits (i.e. we shouldn't expect a sudden spike after Consensus, but rather a slow buildup for a few months).

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I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.

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