Growth Ideas - This is either a very good idea or a really stupid one...steemCreated with Sketch.

in #growth-ideas7 years ago (edited)

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Hello Steemians!

This morning, while eating my breakfast, I had an idea. I tried, by myself, to figure out if it was a terrible idea or an amazing one.

I figured that the best way to see all the different pros and cons of this idea would be to present it to the community.

Background of the idea

Since the last hardfork, steemit has gave developers a way to monetize their app right out of the box via arbitrary rewards.

I believe this is an amazing idea that will fuel a lot of development on the steem platform.

Why stop at devs?

Fairly soon, communities will be introduced into steemit. From what I understand, communities will be user generated and will function pretty much like a subreddit.

What if we incentivized communities by giving community leaders a % of all rewards within their communities? (e.i 0.1%)

That way, rather than spending money at creating new advertising campaign, we would give community leaders an incentive to build their community on steemit. The bigger it gets, the more rewards comes their way.

Community Leaders Bring Value to Steemit

Devs create a lot of value to the network, that's for sure. This is why Steemit has a reward mechanism for them. (through Hardfork 17-18)

Why not apply that same idea of arbitrary rewards to people who build healthy and large community in our ecosystem? The infrastructure is already built into the code, it's way more simple than creating a referral program and the development cost would be minimal.

If that's possible, could each platform, if they use the community feature, decide for themselves how much rewards community leaders get?

Good Idea or a Really Stupid One?

I've just created a SteemPoll. You are welcomed to vote!
https://steemit.com/steempoll/@steempoll/is-rewarding-community-mods-creators-a-good-idea-2017424t144439921z

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Yes that is 1000% right,

Sounds good. Would be even nicer in my opinion if communitities could decide the % and who/what they went to. This would spur competitiveness and allow diferent types of communities to form, function, and thrive.

10/10

I like the idea. One thing that I'm worried about is people highjacking a big community like "technology" or "science" and imposing 100% reward to themselves.

True. It could impede things. Or it could mean that different groups form, such as A-NEWS community and B-NEWS community who both post same but different news type content competing for views and upvotes. Increasing the overall quality of posted News.

Perhaps we would need a basic set of community pages run through community consensus. Then other SubSteems can be created which have alternative functions.

It would be interesting to see what type of institutions might appear out of these SubSteems given enough funding and man power.

That is definitely a valid concern that would have to be pre-addressed and some sort of check and balance built it or rather coded in that could be (re-)voted by others somehow maybe potentially. hmmm...

Interesting idea. I am more of a community person that a witness and feel such a thing would benefit me greatly as well as many other individuals and communities!

A genuine community would attract more users from other parts of the sites. And it'd encourage more groups to form.

I totally get it. 100%. Stephen

Thanks! I've just created a steempoll, do you care to vote?

Somehow i was under the impression that SP can be delegated to communities.

You're saying communities should be able to allocate more % to different individuals within communities? Well I'm kinda at a lost with this

Not sure to understand. Can you elaborate?

From what I understand, community namespaces are based on something similar to our usual accounts. @communityname . So the SP delegation should work similarly like how we can delegate SP to other accounts now. I'd assume there are functions to sub-allocate to community members. Not sure if this is how it works though haha..

I'm digging this idea!

Thanks @slickwilly

I can't say that I have a grasp yet of how the communities are going to work, so I also cannot yet say if this seems a good thing to put into practice. But I will certainly follow the discussion until I do understand better and I thank you for putting the idea forward!

It's not a stupid idea, but I don't think it would be good in practice. It would incentive the creation of a ton of small communities that nobody uses, rather than organize well people would probably chase the extra rewards. IMO.

It might work if communities elected the leadership like we elect witnesses.

I think the solution to this is that communities should not be free. That's the only way to stop spam communities and to prune dead communities. There should be a formation fee in Steem, as well as upkeep fees, and possibly upgrade fees to give your community better tools & cosmetic options.
Total SP of all community members could also be used for badges, awards, priority in search results. Basically, I think a lot of community structure could be modeled off guilds in the online gaming community.
Community leaders should be able to set the rewards of content posted within the community to take a small percent in order to pay fees, advertise, and make a business for themselves.
I absolutely agree with this idea and always hoped this was the direction communities would develop in. It creates a de facto referral or affiliate rewards system for community builders.

That would creat more demand for steem if the price was low.

I'd hope so. What could be done with those fees is up in the air. I'd imagine they'd either be burned like promoted posts do now, to bring down the available supply and increase value, or they could fund a continuing development pool for Steemit Inc, or even a community crowdsourced marketing pool.

wow, you took that one to a whole nutta level. @andrarchy ?

Interesting idea. Thanks for the input!

Now this idea makes a lot of sense. Fees to form communities would indeed discourage the issues I was concerned about.

exactly.. tons of small communities and a lot of clutter.

What if a community has to achieve a threshold and maintain it to keep their percentage.

how is it not going to get cluttered anyway? if there is a price for building a community + rewards only after a threshold, I don't see how that would be a problem.

The infrastructure is already built into the code, it's way more simple than creating a referral program and the development cost would be minimal.

I like the idea but it is not a replacement for a referral program.

Community leaders are moderators/organizers. So your proposition is good to reward these people to build their communities, create events,etc...

A referral program is important to bring influencers to the site, there is a distinction to be made between influencers and community leaders.

yes we need influencers before community leaders.

Hey, @cryptoctopus please share in what cryptocurrencies you invested?

P.S it's very interesting to know where smart people invest.

I'm not smart when it comes to crypto, I have BTS and STEEM and banked everything on the growth of them over a 5 yrs period.

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