The concept that @steemhunt introduced is different and is making a lot of people talking about it. I still think that blogging will be viable, 2 years ago you would receive hundreds if not thousands of STEEM in one post, now it is dozens, and sooner will become 1-2 STEEM but the "value associated with it will be the same".

What I´m trying to say is that STEEM blockchain might change a lot, but Steemit and other projects based on the same concept will emerge.