Don't Sleep on Steem: Better than EOS!

in #steemit5 years ago (edited)

Today I want to share 6 reasons why Steem is actually the most exciting cryptocurrency, and why it blows me away that so few people are talking about it.

First let me say, it seems like every crypto Youtuber covers Bitcoin, but beyond that the focus is limited to one or two top 10 coins. Therefore, it is very infrequent that any of the biggest voices in this space even mention the Steem blockchain. What does this mean?

Does it mean Steem is irrelevant? No, it means people are sleeping on it.

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Don't Sleep on Steem:

"Sleep on":
To ignore, overlook, forget or disrespect someone or something.

Without further ado, here are my:

6 Reasons Steem is BETTER than EOS or ETH

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Summary:

In summation, Steem is my favorite decentralized application platform, and I believe in two years’ time we are going to be blown away that each Steem token was only 0.28 USD. Though my argument would take hours to flesh out fully, I have summed my main points up here as follows:

  1. The developers are genius: Dan Larimer & Ned Scott.
  2. The Steem platform is ready today, not tomorrow.
    a) There are many successful Dapps on Steem today, and more to come. (Steemit, Busy, Dtube, Dlive, Steepshot, Partiko, Zappl, Actifit, Steemhunt, etc)
    b) Steem has over 1 million unique accounts, with over 100,000 new posts daily, meaning it well exceeds the most successful Dapps on EOS (PRA Candybox 11k/day, and EOS Knights with 5k/day).
    c) Steem is Delegated Proof of Stake, making it scaleable.
  3. Steem is decentralized, which means it is:
    a) Permissionless
    b) Censorship resistant
    c) Secure
    d) Open & borderless
  4. Steem's price is 0.28 USD, and though it could fall lower, the downside risk is greatly outweighed by upside potential, in my opinion.
  5. Steem's low price makes easy for developers to acquire, which enables them to incentivize their community with upvotes on the Steem blockchain.
  6. Delegation of Steem Power offers a unique way for developers to fundraise their operating budget. When you "delegate" SP, you lend that power, and the Dapp can return the favor by upvoting you, earning you a SP payout, while also earning themselves a "curation reward". So in this way, the Steem blockchain has a unique fundraising opportunity within their Smart Media Token system, which can and will excite new developers as we move into a new bull run.

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Bonus Round:

This is just a few, there are so many more great reasons why to believe in Steem:

  • Steem must be staked to earn, that locks up supply, causing price rises.
  • It is free to set up an account. EOS charges for account creation…
  • The low price of Steem means that active users are receiving greater number of the coin, during this bear market, as compared to when the crypto is priced higher. So now is an awesome time to be posting, commenting and earning.

Conclusion:

Do what you want with this information, but recognize that this platform represents and interesting, exciting and unique opportunity.

I know I believe in Steem, do you? Why or why not?

That's all for today, thank you so much for your time and attention, have an amazing day and God bless.

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Hello friend, I like to say hello, I hope you and your family are well and blessed, you have a lot of reason in your content, it is a great platform full of benefits, great knowledge and most importantly, I'm glad to read you blessings for you and your family.

I was just thinking about you! I havent heard from you in a while. I hope all is well with you too.

My family is happy and VERY healthy lately. Baby Lumina is gonna be 3 years old this SUNDAY! 3 years old!

Most of the kids who have her condition dont live to 3, sadly.

My older daughter is gonna be starting kindergarden in September.

How are you?

Thank you for your continued support of SteemSilverGold

Hi @infidel1258!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 2.457 which ranks you at #17257 across all Steem accounts.
Your rank has dropped 23 places in the last three days (old rank 17234).

In our last Algorithmic Curation Round, consisting of 257 contributions, your post is ranked at #205.

Evaluation of your UA score:
  • Only a few people are following you, try to convince more people with good work.
  • The readers like your work!
  • Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

Feel free to join our @steem-ua Discord server

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