The price of Steem should rise as a result and the increased demand for SBD will help keep it at a stable peg to the US Dollar.
The easy-to-participate model will encourage non-bloggers to the platform to participate in games and receive rewards, thus giving positive support to the overall market cap of Steem.
What’s in store for the future?
The sky is the limit really, there are so many ways to engage with sporting communities, from merchandising currently available on cryptoiskey.com to sponsorships from sporting brands.
In terms of functionality SteemSports hopes to continuously improve the overall gaming experience, create leaderboards, user specific statistics and visualisations as well as performance improvements in interfacing with the blockchain.
Expansion into other “Coin” communities are on the cards, such as Ethereum and bitcoin, incorporating their native chains and custom-labelling the respective web-apps.
There will be an umbrella company for all the sites, bitsports.io will be used to launch our own investor token with a profit share model and we are currently looking into finding suitable ICO escrow and advertising partners in January 2017.
Conscious Life Installation Guide
Chapter 1