Not sure why you think companies won't purchase Steem for sponsorship or ads in the future. The ad model will be different than traditional online advertising, but imagine any company can buy $1 million worth of Steem, probably be able to payout a few hundred a day a day or $100k/yr in rewards as blogger sponsorship or to promote their own posts. That's valuable. We're also not even including the payments/commerce part of the ecosystem. That's valuable too as well as the network effect.
RE: Where Does the Money in Steem Come From?
You are viewing a single comment's thread from:
Where Does the Money in Steem Come From?
Yes that's more logical and I mentioned that. However, I don't see doing that myself if I was the head of marketing of a company, it's very risky to say the least. I wouldn't expose the company to downvotes from whales (1 million worth of Steem is a lot but a real whale can downvote your post in a second).
The only real option I see is integrating ads with a deal. Instead of paying with US dollars, they buy Steem (not SP) to keep the platform running.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think the problem with many of us who are investors is a lack of direction in regards to monetization from the Owners. What you just mentioned sounds interesting but I have never seen an article or monetization plan from Ned and Dan. I would love to invest more but I can't just invest on a hope and a dream, we need to see the future vision to earn money. All we are seeing is how to give it away and dilute our investments thus far.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
In fact, it is already happening. A week ago, I covered it in a piece - Demand for Steem is increasing among Online Advertisers.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit