Anyone who knows what Steem is will agree that it holds lots of promises. For instance, Steem is one of the fastest blockchains in the world. Also, Steem has a zero transaction fee.
On top of that, Steemit, the most successful dapp in the world, is built on the Steem blockchain. Soon, when SMTs come on board, it will be possible for what seem like permissionless ICOs to be done on the Steem blockchain. What more can we ask for?
Unfortunately, we have quite a number of tokens which, due to hype and marketing, are priced more valuably than Steem. Well, time will tell the value of Steem.
This video explains some of the ongoing development happening on the Steem blockchain and makes a case for why Steem could hit $50 in the coming years.
The presenter talks about the classic dapps built on Steem, about its scalability, and the potential of SMTs when fully launched.