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RE: Steem Experience Hangout: Let's Talk about Paid Voting Bots...
advertisement is what it is.
If "Time Magazine" established themselves on STEEM blockchain, they would have to advertise just like any other magazine, video-channel and etc... It is what it is.
I've seen this argument time and time again and find it to be lacking. The problem is at first glance users don't know the difference between an advertisement and an actual post that has been upvoted organically. The payout number on the post is misleading indeed. Furthermore, there are more nuances concerning curation.
If I wanted to "game the system" as many profiteers have no scruple doing, I could just set up a bot with an algorithm that would monitor paid votes and undercut the bid bots with the highest bids for pure curation rewards. I, unlike many of the "leaders" of this platform, have a little thing called ethics that deter me from such a course and understand it is not viable for the long term. I'm sure some greedy asshole is already doing it and it is indeed tempting for the sake of fighting fire with fire but I am playing Steem the long game. I want it to succeed and am not thinking about lining my pockets from a short sighted perspective. We truly need to make it meritocratic in terms of rewards and get as far away from "pay to play" as possible. No, I don't want Coca-Cola, Deja-Blue and Gatorade circle jerking each other up to Trending. People are going to bail when that shit happens. If you want a corporate echo chamber, go for it but I will power down long before that shit becomes a reality.
Your equivocating bid bots to simple advertisement is an analogy that is sorely lacking. It's a tired anology that need to be laid to rest. If you want a commercial, there is a place for that. It's called the promoted tab.
I say as I have said before. Do we want to increase the value of Steem? We create art. We create beauty. We don't create a GLORIFIED BLOCKCHAIN BILLBOARD.
Nobody looks at the promoted tab, what's wrong in advertising our own content?
Exactly, because we don't want to see paid ads.
Believe me, if there was an option that I could use to filter all paid content out, I would click that checkbox in a second.
Nothing wrong with advertising but paying for votes is another matter entirely. Not the same thing.
In that case, I believe you always ignore hot, trending and promoted tabs and just read posts on your feed?
Not really. But I do ambition to create a front end that will do as I have said. It's on my todo list. People just might go for that sort of thing. I know I would.
Total agreement! Bots will kill steemit! I am here for 14 days... there is no way that the valuable (at least in my eyes) content I want to share with the steem community will get more than 10 views as it will just disappear in nirvana covered by voting bots, voting pools and funny cat clips... I am starting to believe that even FB would be better in delivering my words to the world...
The initial free market quality system based on monetization is great but its put upside down by abuse of bots...
Welc9me to our world
Thx for your reply.. I hope that at the end the big whales and developers will have the same view and change either the system or their behavior for the better win win situation style
Yep, thats why we discussed marking them as ads like google does.
I thought that is what the promoted tab's purpose was. Guess they are ok with Steem becoming a billboard. Whatever.
This is not advertising. The promotion tab is advertising. In order for this to equate to advertising, you're saying the whales own that spot at the top of trending, it's theirs to sell, like a radio station's airwaves, or a newspapers column inches. That's not true at all.
Bingo. The bid bots = advertisement is a excuse for bid bots. Notice the one making such an argument. We've heard it before and the discerning reject the false equivalency.
Yep, I think so too, but until that idea reaches witness level and they decide to take action, it's not going to change.
ye marketing is a great idea same as a referral program, word of mouth is a great and powerful tool. I think not having ads on steem is amazing however allowing them could create money to promote the blockchain and share the profits.
nice.
Yep, and it gives you train wrecks like Top 40 music & Reality TV. The quality of content is now moot with paid votes. It just doesn't matter. Just because it's advertised doesn't mean it's good. The trending page is evidence of this. There's not really one thing on the trending page I care to read. #rewardpoolrape