STEEM is doomed because it's the 12th century Feudal System meets the Hunger Games...
Where 50 Lords For Life toss crumbs to a horde of starving Serfs.
No amount of lipstick on the STEEM pig will matter.
At least COVAL is a rebranding of RibbitRewards...
So it has a very experienced team and, probably, your typical alt distribution.
A rethinking of the billion $$$ rewards industry is a home run waiting to happen.
That could be said for all projects.
Take project abc that has 1 million coins. If only one person buys a coin at $10, that projects market cap will be $10 million...