Steemit is a social media platform based on blockchain and can receive virtual currency (Steem) in return.
Compared with other social platforms, outputting high-quality authors can yield huge benefits (some people get the equivalent of tens of thousands of dollars of virtual currency).
In terms of the value of steem itself, it went from the first few cents to the highest four dollars to the current 10 cents or so.
But steemit mode itself is a very innovative mode, and the person who came up with the idea is a genius, and that's right, Daniel Larimer, the founder of Bitshares.
All the holders of steemit shares have the corresponding voting rights of the shares, which can be upvote posts (sp is shares, STEEM is currency, there is difference).
The stockholder cannot trade sp for steem token for two years. So all the shareholders are the reviewers. The posts are approved by everyone, and shareholders can get extra rewards. The shareholders will want steemit to be good, so they will not upvote at will. Players will need to buy steem token out of their interest in power or the need for promotion of soft text, which will promote the price of steem token. Do not buy steem token to keep, investment must be replaced by sp, the total amount of steem token doubles every year.
So, I think so.
