Oh my God. How i wish i am also at the steemfest also because i have been hearing a lot and lot about this steemfest. I must surely try to make it next time

intersting 

Great vlog to see to get all the updates in depth thanks for sharing :)

Hi @exyle. SteemMonsters : what a great success in just a short period of time – a great duo behind this and they have been smart to build a self-sustaining business model with zero need for delegation.  I wondered if you had managed to speak with @starkerz at SF3 about the sustainability behind @Oracle-D – potentially huge amount of revenue from external sources. I agree the seed finance/ incubator zone which is experienced under delegation is useful for building the community and app – and the projects will need to be thinking about multiple revenue streams and de-risking their business. Thanks for sharing your views from Krakow.

I left my opinion about this on your post yesterday. One thing important to mention is that any type of business that depends on a small amount of investors is already half way close to die.

Looks like we have a new idea for a show... instead of "Shark Tank" or "Dragons", we should definitely create some better conditions for projects to captivate the right persons to delegate SP.

always real and insightful. thank you

Hi @exyle I really wanted to come to #steemfest but then I had to work again now I can stay home another 2 months. You can rent steempower for 1 week to 12 weeks? At minnowbooster if you have a company that needs funding, you delegate your steempower to that company for 1year 2 years for a price at the end of the contract. 

 it's the same as a company with a board of investors? But the company needs revenue yes to exist to grow otherwise the board leaves and the company dies. That's why the sales are pulling leads stand on beurzen(Yeah dutch) it isn't just here is a website and we wait till someone is knocking at your door. 
Look at me I'm still single 😂🤣😂🤣I also don't go out on a hunt. 

Oh idea maybe we gonna rent a tent at campzone Holland next year and call it the monsterbunker just playing steemmonsters for 2 weeks making events with prizewinners. 😉

I think I mentioned this to you yesterday. But if you want a real world example of how @steemmonsters is going to be huge for steem. 

We saw a teenage user join SteemMonsters on Thursday morning...He hasn’t stopped playing it since!

He’s not about delegation. Doesn’t care about the ‘blockchain’ per se...He just loves the game. That’s the future. 

Great message and video man as always! 

Posted using [Partiko iOS](https://steemit.com/@partiko-ios)

The new ICO model you mentioned is so genius. I knew that SP delegation is not sustainable for businesses because people can just take it away. However, the positive side of that is that people aren't giving away their bitcoin or ethereum for something that will probably become a ERC-20 shitcoin. SP delegation doesn't cost the investors anything and it also allows a business to get on its feet with an incentive to actually deliver something.

Every post you make about SteemFest makes me sad that I wasn't there.

I can't wait for Steemfest 4!
😀

Amazing video like your  vlog place.

@steemmonsters has definitely been ahead in the game here and will be an example to be followed for those entrepreneurs seeking success here in the ecosystem.  However, SP delegation will continue to be a key factor given it is also the fuel for the future SMTs that will be issued.  I think the missing element is an onboarding for potential investors for that purpose solely as many are still criticized because they seek to generate returns with no engagement in most cases (not all).  So they trend to go to delegation to bots or vote selling at this point.  Projects will need to compete with those models for a fair share of the investments available.

The developer should invest in their product, not wait for a handout.  If they invest, put their money where their mouth is, then it might be safe to match their investment with delegation, to help.  Then, once they are established with a proven business model, it's safe to pull the plug on the delegation.  I'd prefer to see people fully invest in their product though, without needing help.

It seems like you frown upon bloggers/content creators.  I don't get that.  Content creators generate revenue for apps.  They play a critical role, if the app is content based and offering rewards as an incentive.  

I said for months, "I hope those Dtubers are powering up their earnings.  If Dtube loses it's delegation, the place is finished **unless the content creators have enough skin in the game to help keep it afloat.**"  Handouts lead to more handouts and of course that's not sustainable in business.  It's irresponsible.

Here's where the 50/50 split comes into play.  If a developer invests, they earn rewards that way, through curation.  People don't seem to see the potential.  I don't understand that.  They say people won't want to produce content for a 50% share.  That's ridiculous.

![Screenshot (504).png](https://cdn.steemitimages.com/DQmYkVueXoJcUsep8GqkRse5o57FHPVaQdVK9nzzbsnWkLf/Screenshot%20(504).png)

and

![Screenshot (507).png](https://cdn.steemitimages.com/DQmWHV473YT1tqVugQAwBn3HqoTFyhVUQ2w1PkH68mD8iDQ/Screenshot%20(507).png)

I apologize for being hard on you the last time I left a comment here.  It's nothing personal.  I simply don't agree with some of the things you say at times.  I'd like to see everyone working together, not against each other.

Excellent review and hopefully it will have a significant positive impact! Thanks Mark

I can see the risk if a dapp is relying on a big delegation from one entity but isn't that mitigated if they have lots of small delegations from many different people?

hey if you ever wanna do 'steem dragons' -- a dragons den setup, i'd help out with the video and streaming! :)

Hi @exyle, you should have a look at the funding model [eosBLACK](https://eosblack.io) is proposing. I was researching the project this week and the model is quite unique in creating a platform for DApps to be funded by the community. A similar model could potentially be used for STEEM DApps too.