Demand for future Steem that will be produced in next 15 years

in #palnet5 years ago

Steem will reach its lowest inflation rate of 1% in 2034 at current policy. Its inflation rate will on par with both BTC (0.5%) and LTC( 1%).

However, in between another 300M Steem will be produced. If we consider all the Steem that will be produced in future, then at 640M Steem will have marketcap around $250M at current price of Steem. It will be ranked 38 in the current CoinMarketCap.

However, if Steem can acquire 10X more accounts or 13 millions, then inflation will not be an issue since new accounts will consume them.

If on average each account held 50 SP in 2034, it will require 650M SP in creation more than it will be produced.

In case of 100M accounts, the number would be around mere 5 SP per account, let alone few 100 million liquid Steem in the market.

steem_vs_btc.png

Steem's goal would be to acquire 100M accounts in next 15 years (2034) which is not far fetched since Steem has achieved 1.3 millions in three years.

However, for that to happen onboading needs a big change-over. Currently on-boarding is fast with payment but it is quire slow for free account. Steem's account creation rate is very slow in this bear market.

However, it can change when top DApps decide to onboard users with their own RC. For example, a DApp with few millions SP can create few thousands new account for free and then they can use for onboarding. We have some popular DApp in @steemhunt, @steemit, @palnet, @actifit or @dlike. We still don't have the killer DApp that can bring another million or 10 million users.

@dtube could have been a killer DApp, however, they are switching to their own blockchain. However, there are still options to put videos on Steem through @dtube frontend.

Until few DApp arises that can bring in millions of users, STINC and community's priority would be the ninja marketing. We can see that new ICOs are lunched in a month or two with hyper-promises and they ranks above Steem. For example, V-systems, Holo, Cosmos etc. Their promises are mostly hyper bole or potential scam (e.g. ABBCoin), and may not have ever MVP.

On the other hand, Steem has one of the best MVPs but nobody is aware of that.

Therefore, one of first SPS project should be the raise fund for ninja-marketing of Steem blockchain. The investors don't have to create content. They can just buy and hold similar to other cryptos. Or, if they have time, they can curate to earn more. The new influx of investors will consume the Steem created out of inflation.

It will help to create network-effect to create next 100M users for Steem.

Peace
@dtrade
Cryptominer, trader and blogger since 2013

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