Too bad. I thought it would have been a great product. Maybe tweak the idea a bit and still charge $50 so that people who only have fiat and zero crypto can quickly get on the platform, then delegate the STEEM Power for 90 days to limit your risk of chargeback. At the end of 90 days, revoke the delegation and transfer the STEEM directly to their account as STEEM Power.
You would also manage their account recovery if their account is ever compromised.
Seems like a fair deal to me. I know you probably didn't have a complete picture of the competition out there and you let everyone intimidate you into dropping the idea. That doesn't mean it was a bad idea.
There's also this knee-jerk, anti-capitalistic reaction of, "OH MY GOSH, $50?? YOU GREEDY BASTARD!" They don't understand that prices are set by the amount market can bare, not your costs. I suggest you ignore those jackasses.
RE: I Am Sorry for My Last Post!