According to the worthofweb.com, steemit.com has passed 1.1 million dollars in worth.
So what does this mean?
More Resources = Betterment of the Platform
The worth of steemit.com has increased immensely in the last few weeks. It now sits at $1,156,000. That's a big number for a site like steemit.com. This increase in worth was bound to happen as we have seen an amazing increase in the user-base, not to mention the huge number of transactions.
The more a website is worth, the more likely it is to attract investors. More investors means more money and resources. Resources and money result in the betterment of the site as a whole. The company seems to be going good and well on it's way to become the next killers app. With these incredible numbers only in the past few weeks, steemit.com has cemented itself to be one of the best (if not the best) crypto-coins around; if all goes well, it can easily replace bitcoin as the face of cryptocurrency.
Why is this a big day?
It is definitely an important day in the history of steemit.com as it marks our ascension into the ranks of the top-dogs. Although we are still far from being at the forefront of the crypto scene, we certainly one step ahead of many others. We have seen overwhelming support and signups in the past few weeks. It is just the beginning. In fact, steemit.com have seen so much registrations that the devs have temporarily disabled signups for the time being.
Crossing the 1 million dollars mark is an important milestone for steemit.com as it proves that STEEM isn't going to fade into background in the coming years. It is just going to keep making progress and one day, in the not-so-distant future, it'll replace bitcoin as the face of Cryptocurrency. People will think of STEEM when they think of cryptocurrency. STEEM is the future. Put your trust and faith into it, it has come to stay.