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Re:A Social Network Doling Out Millions in Ephemeral Money by Kiro on Thursday October 05, 2017 @04:55PM (#15412510)
What's the MLM component exactly?
Re:A Social Network Doling Out Millions in Ephemeral Money by ojosilva on Thursday October 05, 2017 @08:12PM (#15413541)
A network where participants are only interested in profiting from its networking effects.

The Steemit frontpage has many self-referencing articles and self-serving, monochromatic content.

Similar to Herbalife which is mostly made up of entrepreneurs selling entrepreneurship to the unsuspecting. There is no product-market fit. When there's money being made and no market fit, suspect MLM.