It has a potential to become a very large social network just like Instagram, Snapchat, YouTube, Facebook, etc.
It is the only one which uses blockchain technology and allows speculators to trade its cryptocurrency on various exchanges.
SteemIt can work great with web apps and turn into a blockchain based social network with apps of all kinds.
SteemIt rewards the users who add value to the network directly through networking, influencing, curating content and creating content. So, if you think you can add value to the network, you can get rewarded for it.
It gives you the freedom to create any kind of content you prefer.
As users, we engage with each other and create value on the Internet all the time. Most of the time, some advertisers use that engagement to benefit, but most users hardly get rewarded. SteemIt rewards the users directly.
The question arises, advertisers have real money. It's not true. Advertisers don't have real money either. They get their money from the profits they make. They make the profits out of sales. Sales come through engagement of people. Ultimately, it is the engagement of a large number of people which is valuable which converts to sales, profits, and revenue of advertisers. People are the real money themselves.
So, how will users and people on the network get the real money for their contribution? Right from the source advertisers get it, investors. Investors who invest in Steem. As the market capitalization and number of users of SteemIt will grow, so will it value.
Also, we can expect a lot of advanced development happening in this ecosystem as it becomes more valuable. First one, a lot of apps integrated into the system.
This network and ecosystem is highly disruptive.
Please share your views on the network. I have shared what I feel about the network.