Hello,
after I've read an article from @theaustrianguy which can be read and upvoted here, I had some thinking about the new virtual asset economy on Steem.
In the past year, the Steem economy took some major hit, like the whole crypto world. If some of the crypto world managed to recover, sadly Steem did not manage it.
From a top 10 crypto asset it dropped somewhere in the top 80. A couple of weeks ago it was in top 60, which shows us that the main theory that if you build something on the chain, the chain will grow along is not always true. Some give the example of ETH compared to Steem, where people build on the ETH chain their tokens and so the value of ETH grows with that of the tokens.
This is seemingly for Steem not true.
So, in the past year, the guys who did not want to move their asset out of the Steem world, would have kept their investment value if they would have invested on the alternative parts of the chain like in the Steemmonster cards, which can be named alternative digital assets. Had a discussion with @theaustrianguy some months ago where he stated it. I told that there have been better investments, but he said, which I agree, not better inside the Steem blockchain world.
So if you would have kept mostly in the steemmonsters cards, you would have made some profit over the past year, only by holding them. Now with the possibility of renting the cards, you can have a decent ROI on your digital asset.
Not every card is equal from value and value increase in percents as not every card has the same potential to grow in time. The cards that are not anymore produced, are very rare and are used in the game bring most of the increase and the biggest ROI over time.
I will not tell you other benefits and which cards are this, as I still try to get my hands on some. I want to invest at the moment only with assets within the Steem blockchain ecosystem, which is a little slow.
How do you see this part of the Steem economy?
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