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RE: About the 7 days payout and Content Creators attraction (again)

in Project HOPE4 years ago

The 7 day window is a problem .. and then again it's not so much of a problem.

As the SMTs start to roll out there can be experiments done with changing the payment window and likely will be. I might also note that only on a platform like Steem can you earn multiple tokens at the same time during the payment window.

I write on another platform where people can earn on their articles for life. And it does attract a lot of professional writers. They find that for the most part, their articles have about a 10 day earning window unless they get lucky and something sparks renewed interest.

What many writers there were doing was they are unlisting their articles and then republishing them to gain more attention for them. The platform has recently outlawed the practice. The only way you can get around that is to delete the original and substantially rewrite the new one.

So, the reality is for the most part, you're maybe losing 3 days of income on Steem. I find most of my posts have about a 4 maybe 5 day window where they actually receive upvotes on Steem.

The content remains yours to do with as you wish to you can repurpose it elsewhere. I think that changing the 7 day window to longer or life would be more a mental benefit than a real benefit and it will invite abuse of the system by sock puppets as you've already noted.
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I agree that change the 7 day window could bring a lot of other problems, but there must be other ways to earn for longer for your content.

When you talk about contact that have a +- 10day window on other platforms is more related to content that is consumed only one time.

But when we talk about high quality content, nothing stops people to come back to it, or new people discovering it a long time after it was published.

There is guides, reviews, videos, an all sort of content that have a way bigger lifetime and will keep bringing revenue to it's authors.

A lot of times googling I find article about something that is 1-3 years olds and still useful for me.

Yet, it is a problem, and solutions must be discussed.

I'm talking about content on the other platform that can be consumed multiple times, in fact has to be in order to earn. The content is high quality content as for the most part it is written by professional level writers.

The people who have tracked the earnings on their individual posts have found that beyond 10 days they only rarely receive even a few more cents. So the effective life of a post is 10 days for earning.

Evergreen content, even on Steem, will continue to be found even with the 7 day upvote limit. A savvy content producer will figure out how to monetize even when it can't be upvoted. Anyone running their own blog has to do so as they don't have the upvotes to pay them.

As much as I prefer to see good content producers able to continue to earn, the disadvantages of allowing abuse by leaving posts earning forever offsets any benefit.

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 4 years ago 

I write on another platform where people can earn on their articles for life.

what platform is it @shadowspub?

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