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RE: Why Steem defies the incentives that rule social media

in #dtube6 years ago

interesting video. i've been watching engadget for awhile now but never heard any insight like this from someone who's working there.

i never liked cpm driven platforms. it's a murky pathway that will always lead you to an ad. it's a lose/lose situation for everybody, except the greedy platform owners themselves. every content is built around ads so nothing feels genuine. but i'm guessing steemit will eventually be in a similar position once it gets big enough.

one thing i love about steem is that it supports blogs and videos AND all sorts of other things. one of my favorites is utopian-io which is built on top of steem that rewards open-source development. it's not a household name, but developers now have a reward system for sharing code. so it's neither writings nor videos. photography you mentioned is another great example too.

i don't understand where the steem reward pool is really coming from, but for now i'm finding joy in learning about steem and other forms of crypto. being rewarded directly, on a daily basis, with all the transparency, it's so exciting to watch steemit at this point.

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It is! And while I do think that steem / steemit will encounter long-term design issues just like facebook is right now, I don't think they'll be the same (which, thank goodness haha)

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