Steem

Steem's users have value!

I've just been digging into the numbers lately considering the tremendous growth that the Steem price and market cap have seen lately, and I came across some interesting findings. If you compare the market cap per active user of Facebook and Steemit... Steemit's is 150 times greater than Facebook's!

Steem's market cap: $129 million
Steem total weekly active user accounts: 4333
Steem's market cap per active user: ~$30,000

Facebook market cap: $338 Billion
Facebook total monthly active user accounts: 1.654 Billion
Facebook's market cap per active user: ~$200

Note: I couldn't find weekly active user accounts on Facebook. Also, Steemit has added a lot of users in just the last few days, so the real result should be somewhat less than 150x.

Facebook has 500 million mobile-only users. We need a mobile app.

One other thing that was glaringly obvious from looking at some statistics for other social media platforms is the sheer number of users that are strictly mobile-only. There is on the order of 500 million to 1 billion people that are strictly mobile-only users of various social media platforms. It is absolutely important for us to develop a mobile platform for Steem, as this will open us up to a tremendous amount of new members.

Best,

Trogdor :)