Unless they bring something truly sustainable, it will implode.
Well I am not going to stand idly and wait for that to happen. I am doing my best to try to release a competitor asap in order to accelerate the implosion of Steem, and replace it with something that is sustainable and good of us.
I worked out much of the design already in my head. I am exhausted right now (age 51!) from an intense, nonstop 3 hour gym workout (8am to 11am), so I will take a nap. Hopefully feel good later today and can begin coding.
I am not forking nor reusing any code from Graphene, Steem, nor Steemit. So I have no idea how long this will take. I'll see as I dive in.
It's not an easy task, indeed. But if the service is sustainable and solves real problems, there will be interest. Good luck.