The Number Of Use Cases For STEEM Are Expanding

in Threespeak - OLD4 years ago (edited)

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Initially, there were two choices: hold STEEM (power up) or sell out.

Now, we are seeing many other options. With the opening of marketplaces, people are starting to be able to buy digital goods and services. We are seeing games that enable people to buy assets for the game. Certain applications are gamifying their systems, meaning buying the token might be a smart idea.

I discuss what this all means in the video.


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Even more to that are some tribes token like @reggaesteem token #jahm which you can use in wide range of ways if you ask @crypticat @dmilliz @donald.porter and the likes.

Steem has really gone far beyond hodl or stake.

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man, you are light years ahead, i think you 'get it' 100%

Some days back on Twitter, I saw an hotel saying they have included 'book with Steem' option.

wow that is cool...

Posted via Steemleo

maybe this is the reason for the current bull run on steem??

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Yes I had seen that. It is in my post this morning.

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Summary: In this video, the speaker discusses the expansion of utility and use cases for Steam, focusing on different projects and games within the Steam ecosystem such as Steam Engine, Splinterlands, Steam City, and Holy Bread. The speaker explains how tokens can be bought and used within these projects, highlighting the gamification aspect that allows for the purchase and exchange of tokens using Steam. The video also touches on the potential for more users to join these platforms, leading to increased utility and transactions involving Steam.

The speaker begins by emphasizing the evolution of Steam's use cases from being primarily acquired for trading or selling to now being utilized within various projects and games on the Steam ecosystem. The speaker introduces Steam Engine as a platform that enables the purchase of tokens representing different projects. These tokens allow users to be involved in and support specific projects, showcasing a shift towards utility and engagement within the Steam ecosystem.

Additionally, the speaker mentions Splinterlands (formerly Steam Monster) as an example where players can acquire cards through various means such as earning, winning battles, or purchasing. The scarcity of early cards within these games leads to their increased value, with Steam being the primary asset for acquiring them. This concept extends to other games like Steam City and Holy Bread, where in-game assets and items can be bought and sold using Steam, enhancing the overall gaming experience.

The discussion further delves into the concept of a Steam Engine store marketplace, allowing users to create their own stores and incorporate their tokens. This marketplace aims to facilitate transactions using a variety of tokens alongside Steam, contributing to the gamification and utility of the Steam ecosystem. The speaker underlines the significance of these developments in enhancing user experience and creating more opportunities for rewards within different projects and platforms on Steam.

Overall, the video underscores the growing utility and transactional capabilities of Steam within various gaming projects and platforms on the Steam ecosystem. The speaker envisions a future where more users engage with Steam, leading to increased transactions and utilization of Steam across different projects, ultimately enhancing the overall user experience and potential for rewards within the ecosystem.

the more steem holders that we have then the more steem will keep rising..

Posted via Steemleo

for example the shop.steemleo.com which enables people to buy and sell products and services with the LEO token is one of the example of uses cases of steem because to buy the LEO tokens you will need to have steem and that means there will be an increase in demand for steem if the shop.steemleo.com if the platform continues to become more successful...

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the expansion of use cases of steem may be the reason why the steem price is currently rising...

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obviously it is among the factors responsible for the current bull trend on the steem market...

Posted via Steemleo

no...i think the reason for the rising price of steem is that we now have more steem investors...

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