Why Steemit is the Key to Steem-blockchain's Success

The success of Steem is tightly attached to the success of the Steemit platform. And steemit's success lies on each one of us ,Steemians. Basically, Steem-blockchain's success lies on every Steemians.

On the off chance that Steemit figures out how to hold its market-driving position as a get-paid-to-post content production platform and informal community, at that point the estimation of its cryptographic money can possibly increase by a different of what it is worth at this point.

Steem are utilized on a chosen few different applications, for example, Steepshot, Busy, Esteem and especiaaly Steemit. Should more online networking platforms receive Steem as a reward money, at that point the estimation of the advanced cash would likewise incredibly increase.

Be that as it may, since its dispatch in 2016, under five platforms have received the advanced money. In the event that anything, it is more probable that web-based social networking platforms will make their own particular advanced tokens as opposed to embracing Steem.

Thus, the achievement of the Steemit platform will be the key driver of Steem's cost in the future.

Joe Lee, CIO of digital currency trading platform Magnr, told CoinDesk

Investment and more transactions

If you believe in the future of the Steemit as a content publication and social media platform, then adding some Steem into your crypto asset portfolio makes sense. However, because this altcoin relies on the success of one company, such an investment could be classified as risky, a classification that is common to cryptocurrencies.

The more a cryptocurrency is utilized and has exchanges the more probable is the cost to increase. Steem has favorable position contrasted with different altcoins because it has Steemit, an online networking stage where individuals can win Steem while blogging or remarking.

So if you invest more to Steem, then the Steem supply will increase and also what you invest will have interests so it will grow bigger. Probably, with more transactions and investments, the Steem cost will increase.

Making Quality Content

Making Steemit a successful site with quality content and an incredible group will make the money Steem substantially more profitable soon.

Why? It's because if this platform will have good quality posts, many people would be interested and chances are some of those people are investors and they might invest in Steem. Another is that having quality posts will make this platform and the Steem blockchain more popular to the world. Eventually, some people will donate money here that can add to the Steem supply. Also, some developers will know about this platform and Steem-blockchain and they might make their own Steem-blockchain applications .With more online networking platforms receive Steem as a reward money, at that point the estimation of the advanced cash would incredibly increase.

Finale

Nobody knows for without question what will happen yet the signs are generally showing a brilliant future for Steem.

We as a whole can contribute, at the level we are at, to make Steemit a decent platform so everybody can see their investment in Steem increase in value.

Steemit isn't just a blogging site, it is based on Steem-blockchain and clients like you and me can make applications over its blockchain. This is one great explanation behind Steemit to wind up exceptionally fruitful later on and as the client base develops, the Steem value will likewise increment.

Generally, "Steemit's success is Steem-blockchain's success"
Let's make this community successful.

"The best person to act is us and the best time to act is now".
-@jason04

What you wish to do with this post and how you value this is dependent upon you. I would be grateful with knowing your considerations in the comment section below. Thank you for reading. Have a nice day ahead everyone!