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RE: The Death of Steemit or Any Crypto Social Media Platform – Are We Killing Our Golden Goose with an Unbalanced Ecosystem?

in #dses5 years ago

Dear @dses

Great publication and solid read.

Indeed it crossed my mind number of times, that current ecosystem is simply not going to work well and it's cracking all over the place already. We're all here on Steemit heading in very uneasy direction.

current unbalanced system resulted with constantly growing supply and steadily vanishing demand for STEEM token. There is almost no incentives to stake your holdings. It doesn't allow to get more exposure, more visibility. It's only benefit is related to huge ROI. That's unfortunatelly not a very sustainable ecosystem.

Yours
Piotr

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Hi @crypto.piotr thanks so much for stopping by.

I belive the bots for a while did serve its purpose, to have more exposure through boosting the post to trending, yet oftentimes that because the post was not organically read by people here is causing the exposure limitation.

When members are driven by easy money generating, the laziness will pop in.

The interesting part with the new influx of SCOT tokens that sits on the steem blockchain appearing, you will see more and more people start to read based on their category preferences, that could resolve the exposure limitations to the right readers.

However, this does not resolve the issue when our coin and tokens' usability stops within the social media platform and the furthest, trading.

It is not recognised in the real marketplace and authors with the incentives have no where to spend it except staking or selling off for coins more tangible or fiat, to put food on the table; especially for grassroot folks who are financially challenged and they came here to find extra income.

And this missing part is crucial because to keep this blockchain alive with real exposure and authors, you will need the whole ecosystem.

Interesting authors, interested curators, and practical real world circulation, and they go hand in hand.

hi @dses

Thank you for such a prompt reply :) Amazing comment. Appreciate your time.

I wanted to make some suggestion.

My impression is, that the hardest part of attracting attention on STEEMIT is the fact, that our audience have very little chance to actually find our publications. Lack of solid notification system is an obvious issue. And regardless how hard I would try - there is very little chance I would find out about your new interesting publications (my feed is just flooded with to many posts).

Please allow me to share some suggestion with you. If you would ever publish content related to blockchain, crypto, artificial intelligence, psychology etc. then perhaps you could simply send me memo with link to that post.

This way not only I would have a chance to read your publication, but I will also upvote it right away with 20k SP voting power. If I would consider it interesting then I may also share it with wider audience.

Please let me know what do you think. This surely should sound like a interesting offer :))

ps. I also have some decent stake of PALnet tokens, so my upvotes may bring you some extra reward. Assuming that you have account on PALnet. do you?

Cheers, Piotr

Hi @crypto.piotr

It does sound like a good idea, but probably I would do that on the main account. This account I am now dedicated to send out dividends every 3 collection from the DSES steemit wallet to the delegators that you have so kindly referred to.
Meaning from this year onwards delegators from your referral will get some steem crypto instead of accumulating SP in the stake because this seems to be a little complicated with the calculations and I think your friends @boxcarcube , @majes.tytyty , @devann and @mariusfebruary will have something in their accounts once a while.

But I will definitely consider your proposal should there be crucial posts like what we are discussing and needed more feedback.

It would make more sense because I wouldn't want to waste your time reading posts that might not need more discussions. :)

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