The #STEEM Blockchain with a Market Valuation over $500 billion in the next 5 years
+100,000 Entrepreneurs coming onto the #STEEM Blockchain
Picking up from the short video published by Ned last week, I wanted to share with you my thoughts on what Ned has said and explain why my Target Valuation of $500 billion for the #STEEM Blockchain is now probably light..!!
For the ones that may have missed the video Ned put out, here is a link.....
#Steemit: 2017 & 2018
Credit: #Steemit
Why I am sticking with my Market Valuation for the #STEEM Blockchain at over $500 billion
With over +100,000 Entrepreneurs coming onto the #STEEM Blockchain in the next 5 years, I am once again sticking firmly with my Market Valuation for #STEEM at over $500 billion.
Capital Structure of the #STEEM Blockchain in 5 years
In the video above, I explain the Capital Structure of how this may look and set it out as follows:
100,000 Entrepreneurs each with an average of $1,000,000 / account = $100,000,000,000.
200,000,000 Users each with an average of $2,000 / account = $400,000,000,000.
Total #STEEM Market Valuation = $500,000,000,000.
Please note, the 200,000,000 Users also includes those users that come under the banner of the Smart Media Tokens and at 200,000,000 is most likely to be on the conservative side.
Fraction Banking, Capital Reserve and DEBT
As explained in the video, the #STEEM Ecosystem is the polar opposite to the existing Global Banking and Market as we know, in as much as there is NO Fractional Banking, Capital has to be HELD on Reserve and more importantly, there is NO DEBT.
When you take these 3 three important ingredients into consideration, the Capital Model for the #STEEM Ecosystem is completely different from the existing Financial Market we are currently in.
Huge #Steemit Shout Out to Ned and the rest of the Development Team
Though Ned talked about the successes and failures of 2017, for me there were NO failures, just successes.
No one said it was going to be a walk in the park and that the #STEEM Blockchain would go from Zero to Hero overnight.
From what I have seen in the last +18 months, the growth of the #Steemit Community and the #STEEM Blockchain has been damn near jaw dropping and breathtaking to witness develop..!!
Video published last June
For the ones that may have missed the video I published last June, here is the link....
Why I strongly believe that the #STEEM Ecosystem is set to become a +$500bn Powerhouse..!!
Thanks for reading and thanks again to everyone around the Globe who has got behind and supported the #Promo-Steem Marketing and Promotional Initiative.
You guys are simply Awesome..!!
Stephen