A few months ago Steam it laid off 70% of their employees as the company is struggling to meet their financial goals. We all know its dead. Is there any better alternative? And do you think such alternatives can survive?
It is normal for the market to go down. They have to do it to balance their finances. Any project, any company must do so when it is difficult, not just Steemit. The market going up will make them come back stronger
I agree with you, the time they laid their staff of was when most projects were still having issues due to the bear market, and I am sure that things would have been picking up for them already. I still registered someone who was interested in earning some free coins on Steemit recently and their site is working perfectly and their response to enquiries still swift.
If they were dead, would they still be in operation? Steemit has never come out to declare they are liquidating and I wonder why someone will just wish something that is not happening for them. The fact they laid of staff could just be a way off cutting cost.