As mentioned in the above linked post, SteemIt changed its economic model which has led to a bottoming effect in the past six months with an expected rebound. Overall, the platform has improved drastically with users like @furion creating SteemSports and also a video player that will be built on SteemIt. The user @jesta has built an experimental forum on top of Steem's blockchain as well - an experiment that may integrate well with SteemIt, especially if it answers popular questions for new users.
Overall, some users have attempted to help new members and we can see growth in the past month that may be more sustainable, provided that new users feel welcome and feel that their questions can be answered. One positive surprise I've also seen is some maturity in SteemIt's tags: one would not expect to visit Reddit and see the top 10 tags all about Reddit. On social media, I expect to see mature tags like life, photography, art, food, travel, etc as these interest people the most, not the platform itself. Most people on Facebook do not talk about the value of Facebook; this is understood since it's being used.
From OTC stocks to suspicious crowdfunding campaigns to questionable ideas - this month in Retire Early With Cryptocurrencies, we look at some possible warning signs of projects or ideas that you should consider carefully. From Kickstarter to OTC stocks, this covers some signs to keep an eye out for that you can use with everything.
SteemIt has evolved and is becoming a more mature platform. If SteemIt can appeal to marketing and advertising by offering a platform that adds value, SteemIt may become a serious social media contender.
Marketing: Let's Start With A Test
Look at the below images from FashionMia and answer this question as it relates to SteemIt: using these images and a short post, would SteemIt be an effective advertising platform?
How would a site like FashionMia sell its apparel on SteemIt? Continue reading SteemIt Evolves - Can It Win Advertisers?
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