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RE: Facebook Nags Businesses to Promote Posts. Is this in our Steemit Future?

in #advertising8 years ago

It's difficult to balance the needs of advertisers and users. Their aims don't necessarily conflict, but usually do in practice.

But with Steem we upend the entire attention economy. So we have a freedom to operate here that others don't. Let's model this out:

Users want great content that's worth their attention.

Advertisers want access to users who could potentially give them money.

If we can construct a system (and I'm 100% certain we can) that brings value to both parties, then we've got our solution, and we've got a clear value proposition for holding Steem as well. These are discussions we should be having.

We don't necessarily have to implement this system after we finish designing it; Our focus must be on a great product and strong growth. But by having that system ready to go for the future, we're sending a signal to the community that we mean business, and that there are very strong, tangible reasons for holding Steem.

So please, by all means, keep thinking. Because promotions has a future on Steemit, we just have to decide what that looks like.

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Thanks for chiming in, Mitchell. I agree we are in uncharted waters here and there's a great opportunity to do something new. I really hope the marketplace for SBD products gets built out at some point. Dan's original vision of world domination (boot strapping a currency to eventually have a bootstrapped marketplace) is what got me so excited about this place. We can create a new paradigm for peaceful, voluntary, mutually beneficial interactions without violence. It's a beautiful thing. :)

Yes, we're definitely going to h ave a lot of fun with all this.

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