Betting for the best on this partnership.
Besides the nice upraise on the price of STEEM following BITCOIN positive movements, STEEM is located currently in the Top 10 of Crypto by rating according to Weiss Crypto rating
We are doing greatly in terms of technology and adoption on which we get a "B" in overall but, obviously, our weakest variable concerns the Market performance on which we obtain a "D":
Worth to say that our new partner, TRON [TRX], is behind us, located at the 13th position and obtaining a rating of "C+".
However, TRON is doing better in Market performance but not excessively:
Essentially, according to WEISS RATING, STEEM technology is superior to TRX but our Market Momentum is clearly bad in comparison.
Why that?
Obviously marketing strategy is really playing a strongly role in the Cryptomarket.
STEEM has a tiny Market cap of $82,055,235 with a very tiny trading volume.
TRX has $1,499,240,576 of market cap with a Trading Volume of 10 times the STEEM one.
In my opinion, if TRX has reached this level on the market is really due to the Marketing Strategy and good decissions on Business Plan. If @justinsunsteemit applies his "techniques" on our blockchain, man, we are going to raise like a rocket here!
People still buys crypto according to the visible information and we have been invisible for too long.
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This is good news, but I just have my doubts about the “value” of these ratings. Why is the technology behinf TRX considered weak for instance?
Well, essentially TRX has been an upgraded clon of ethereum which now is trying to transform its blockchain from PoW to DPoS. Still trx has less scalability options than Steem as well it can handle theoretically less transactions per second.
STEEM keeps being one of the fastest blockchain ever created together with EOS and BTS.
But, yes, the assessment can be very subjective also.
And sun wants to transit Steem to Tron... That guy has probably less technical knowledge for this tech than I have. My hopes regarding this partnership are strictly related to advertising because his name appears in the news quite often and if Steem is mentioned as well, we can gain more transaction volume. Nothing's clear yet, but Steem seems to hold well.
Let's pray for the best
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Well, the logo is kind of an Ethereum rip off too 😏
I think it is a good bet. I have not been excited about it, but whatever. I welcome more crabs to the bucket. Lets see what this crabby does for us.
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