Despite the announcement of SteemFest 4 later this year in Bangkok, Thailand, the team at Steemit is seemingly concerned about the mass appeal of the platform.
In a recent post, the team behind the Steemit platform seem to be taking the user-onboarding process more seriously than ever before. The post details the root causes behind the platform’s initial rapid adoption and also address some of the potential issues that may be hindering its further growth.
Bold Additions Are Coming
According to the post, the developers are working on implementing a few crucial feature upgrades simultaneously. One is the addition of ‘Communities’ onto the platform. The other is a new type of token dubbed ‘Smart Media Tokens (SMT),’ which would be used by the new Steemit communities to provide an incentive to valuable community members.
Along with these two gradual upgrades, there are also talks of ‘Light Accounts.’ These accounts are essentially wallet addresses that would be handed out for free to new users and then, later on, be selectively upgraded.
However, despite all the optimism expressed through the post, the team has allegedly skid past the real issues plaguing the Steemit community.
One user, Rowan Joyce, also known as Steemit user raj808, has raised some strong points in the comments, highlighting his opinion on why Steemit’s growth has slowed down as of late. He pointed out that despite Steemit’s all-inclusive policies, the team behind the scenes have done nothing to address the unjust abuse of power that some early adopters of Steemit are engaging in.
Rowan expressed his disdain with the following statement:
“(new users) become disappointed within a month of joining that quality of content isn’t any indication of how they will be rewarded.”
He further explained that there is a large discrepancy in the distribution of stakes and that some notable early adopters of the platform are openly using bid bots to either promote content they like or even suppress authors in which they disagree.
A Division Amongst Steemit Users
However, it seems that everybody doesn’t share this view. Speaking to BeInCrypto, Steemit Influencer Hatu had the following to say:
“While Steemit’s audience has seen a bit of a pull-back, it’s worth noting that the audience hasn’t left the STEEM ecosystem. Instead, they’ve adopted other STEEM UIs like Busy, Partiko, or PALNet, which are only a few of the many UI options. Audience traction is becoming more competitive within the STEEM ecosystem—this is a good thing.”
In any case, if Steemit is to grow beyond its native niche of cryptocurrency users and become the revolutionary content distribution platform that it was envisioned to be, then the team may need to risk potentially irking its early adopters by cracking down on any abuse of power.
However, whether or not they are going to take that risk in such an unstable economy remains to be seen. Meanwhile, the price of Steem is close to its lowest value since December last year, indicating faith in the cryptocurrency is dwindling.
What is your opinion on the Steemit platform? Let us know your thoughts in the comments below!
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