You are viewing a single comment's thread from:

RE: Going Social.

in #socialmedia6 years ago

Right now it seems the economic incentives of Steem have made it such that there isn't really much demand for content at all, at least not via the reward pool. Not social nor long form blogs. Or more accurately the share of the reward pool going to this is low, and so is the reward pool itself (it's about $30,000 a day now I think among 15,000 active daily authors (and some of that is curation). If you're making $2 a day on Steem you're doing well, comparatively.

I have been skeptical of SMT's but there's a possibility Ned's GPT token could turn it around, depending on how it's done.

Sort:  

I try not to let the price of Steem affect the quality of my work but it seems the quality of what I read affects the quality of what I create 🤦🏽‍♂️. That was a scenario I should have thought of and dealt with appropriately but it’s too late now.

The idea of treating Steemit as a true social media perhaps gives some sort of relief an feeling that “I’m probably not doing a bad thing” whenever those short form posts are put out.

I should check out the GPT token; been out of touch with happenings lately.

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.029
BTC 62907.73
ETH 2531.30
USDT 1.00
SBD 2.62