RE: RE: Steemit Enterprise Ad Platform: A solution to vote bot abuse
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RE: Steemit Enterprise Ad Platform: A solution to vote bot abuse

RE: Steemit Enterprise Ad Platform: A solution to vote bot abuse

I am so absolutely floored by this post that I'm not even sure where to begin! Never before have I read a post that so exactly mirrored my own thoughts and ideas and, as someone who deals primarily with content promotion on Steem, I have a lot of thoughts and ideas on the matter!

This project, if successful, could single-handedly drive up the value and price of STEEM.

STEEM is primarily a utility token, however, like every other utility token hardly anyone actually buys it for its utility. The price of the token is completely driven by speculation and the fact that we're in a cryptocurrency craze.

The utility of the STEEM token is, very simply, promoting posts on websites built on top of the Steem platform. SteemIt.com could bring in tens of millions of dollars a year in advertising revenue based on its current size and usage (there's sites where you can look this up).

The reason it doesn't do that is again because the price of STEEM is being driven up by speculation so it doesn't need any actual revenue coming in. I think most of us take that for granted, but it may not last forever - or even for much longer.

If actual corporations (or "enterprise partners" as @zthomas puts it here) were buying millions of dollars worth of STEEM each year to advertise on the platform, then STEEM would be the first utility token to actually be used for its utility in any meaningful way.

I believe that the entire cryptocurrency community, and perhaps even more than that, is just waiting to see when or if these things will actually start to have a real-world use. If STEEM can be the first to do it in a meaningful way it will skyrocket the valuation of the token.

I believe that is very possible, and what is missing is a project like this. Once something like this is built, then the entire Steem community should become the salespeople for it. The more money we bring in to USE Steem for its actual purpose the more the price will rise, benefitting us all.

My hats off to you @zthomas! This post deserves to be at the top of the trending page in my opinion. I've bought a nice upvote for it from a voting bot and I will share it and encourage everyone to upvote it.

Please let me know if there is anything I can do to help you make this project a reality!

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