It depends..I think he/they/EOS will probably look at steemit and try to correct some of the things that they view as flawed. I'm not going to get into that. But since Dan created Steemit and Steem he knows how to do it. So it could be a platform that can be up and running surprisingly fast IMO. Steemit does however have first mover advantage and a pretty huge following..but, competition is always good. I think its important to follow that project closely..