How to motivate people to buy STEEM - one more idea from papi | club75

in WORLD OF XPILAR3 years ago (edited)

Intro


In the next month, we will see the STEEM and SBD losing value drastically. Only ten biggest power-downs (zinasura, upvu, enki, photoholic, project7, yh70, goodhello, tipu, kiwifi, and alwaysgrateful) will flood the market with 2 150 000 STEEM for sale. There are over 1 000 power-downs in progress (5 with more than 100k SP, 39 with more than 10k SP, 187 with more than 1k SP, 591 with more than 100 SP, other is just plankton).

I believe that even if it is a dangerous situation (because it is - on Hive they already talk about which refugees from Steemit should be allowed to join the platform and which not), it could be also the opportunity to heal Steemit. We don't need users who are powering down. In fact, that's mostly the bid bots or Korean cheaters who were delegating 100% of their income to upvu or tipu, so getting rid of them is like healing from cancer.

The low price of STEEM will make it more affordable for the users. If @steemitblog would announce the temporary program that would last for a month, or better two, people who are valuable for the platform could buy that STEEM preventing the platform from disappearing and increasing the value of bloggers accounts, lowering the sum of money that goes to the bidboters. It may not prevent STEEM from losing its value but it will help to keep the price at a decent level.

source



Imagine that kind of scenario:


@steemitblog announces (the sooner, the better) that in January and February those of us who are in club5050/75/100 can participate in a new initiative. The requirement is that they never powered down nor delegated to bid bots. We could make a hashtag just for that occasion like #clubdolphin. For example #buytonotdie (Nah, kidding, something less dramatic :D )

Everyone who will buy 100 STEEM on the market, transfer it to Steemit, and power it up, will receive a 10% upvote from SC01 (something similar to the initiative of @steem-agora, but only for selected ones and with bigger rewards). The cost of 100 STEEM is 40 USD now, but in January it will be probably around 20 USD. 5% of the upvote from SC01, sort of refund for the powering-up STEEM is around 25% of the cost of the investment. If someone would buy 500 STEEM, they could get a 30% upvote, which is 60 USD now (maybe 30 USD in January - 30% of the cost of the refund). The upvote would have to be guaranteed, not like with all the clubs where you may or may not get the money.

The power-ups would grow rapidly. Not only all the bought STEEM would have to be frozen in SP, but as it would be the program exclusively for club5050+, at least 50% of the upvotes from the SC01 rewards will be changed into SP as well.

Sure, I'm not a big fan of paying for the power-ups, that's why I suggest that this program is limited in time and last only for a month or two, as the airbag that will prevent us from the lost related to putting on the market extra 2 million STEEM.


Tell me that it's not cancer of this platform - three words, not even smart, and the income worth as much as 100% upvote from SC01. I know there is no will to fight with bidboters, but if that won't change, the platform will not survive


That idea will work only if it will go with further improvements. I believe today we can see that bid bots are destroying this platform and should be delegalized or at least their activity should be limited. If we won't do it by setting the rules or powering down bidboters, the situation will repeat soon again. The communication with @steemitblog has to be increased too, the initiatives of the community have to be respected, the misterdelegator and SteemitInc team should skip voting on their own witnesses, finally, some improvements on the website has to be done, but about it all, we were talking before a lot. Without it, the platform is dead. To talk about the long-term problems, at first, we have to defeat the fire which is in the next room and do something with that 2 million SP that will appear on the market soon, so today let's focus on the suggestion that I described above.

I'm very curious about your opinion, especially steemitblog as well as those of you who think it's a bad idea (why?) or have any doubts (what doubts?). Let's try to figure out together if it would be a step in the right direction or if it's just the fantasy of one guy who cannot have a chance to work.

CC:
@steemitblog
@pennsif


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Just on a couple of other points...

What do you mean by this?

the initiatives of the community have to be respected

Any particular initiatives you have in mind?


Regarding this 'some improvements on the website has to be done' - we are looking forward to seeing what @xpilar, @starlord28 and @the-gorilla develop.

We are ready and waiting to support developers as we do for example with @etainclub.

Traditionally the large majority of new development on the Steem platform has been led by the witnesses and community developers.

Thank you

Any particular initiatives you have in mind?

No, I'm not saying about the particular initiative. Most likely my vocabulary was not the most accurate. What I meant is that I was missing exactly that thing which we are doing right now. Debating, brainstorming, responding for the ideas of users.

My impression until now was that the team is ignoring in some way the most of ideas shared by Steemians. Sometimes simple "thanks, we will think about it" or "great idea, you can count on our support" or "interesting, but we doubt it will be possible to introduce now" would give us (or me - I can't talk for others) that feeling that we are heard.

Honestly, I am very positively surprised you replied for that post because I didn't expect it. I know Steemit Inc team has a lot on their plate and not always have a time to write comments, but still, when you do it, it's a great sign for the community - sign that you are listening us with the open mind.

Regarding this 'some improvements on the website has to be done' - we are looking forward to seeing what @xpilar, @starlord28 and @the-gorilla develop.
We are ready and waiting to support developers as we do for example with @etainclub.

That's great. That's exactly what I needed to read and I didn't find that sort of declaration anywhere. You see, that sort of messages can calm down the moods and I think it could be one of the things that you write in your steemitblog announcements. Then the community know that Steemit is not giving up. Otherwise some people think that Steemit is a bit left alone.

Traditionally the large majority of new development on the Steem platform has been led by the witnesses and community developers.

I know the idea is to have decentralized platform and we will reach it some day but for now... We are not there yet. You are the leader with the resources to sponsor those developers and decisions who will be sponsored and who not. Mentioned witnesses are mostly chosen with misterdelegator vote and the users who earn 300 usd from bidbots for spam, so voting for the witnesses is a bit of illusion of the democracy for me. I'm sure it will change while some of the users will grow big enough, but for now it is what it is. That's why your declaration that Steemit team is opened to sponsor developers, including mentioned three users is making me so happy now.

 3 years ago (edited)

I'll be releasing a new DApp on new year's eve or sometime this weekend. I'm slowly getting into react. So, would be able to help out with the changes in the condenser sometime in 2022. Exciting times ahead!
We BUIDL together!

Good day @papi.mati and @steemcurator01. My name is @greatketty and I've been on steemite for over a year now. My main focus is marketing. I've run a lot of contests on steemit, created my SteemFamily community, but now I've drastically reduced my activity.

History
My activities on the platform are almost completely unsupported by curator01. You are only aping a select circle of individuals, which I am not a part of. And these people often do not run contests, and their posts are not distinguished by originality or any usefulness. The steem-family community has also been ignored by you since its inception. As a result, authors don't write to the community much, they write to where they can get a big apa. The community is on the verge of extinction. The best communities this year have been the ones you already support, which is not surprising. The rich get richer, the poor get even poorer.

Present and future tense
I was aiming for a long-term partnership and was willing to put my skills to work to develop the platform. But apparently I was the only one who needed it. Now I am wondering what to do next, because I spend 3+ hours a day with almost no benefit to myself.

I see the development of steemite as creating a large marketplace where goods and services would be available for steemite: https://tilda.cc/page/?pageid=23803740&projectid=4875371. I've created an easy test site and written about it. However, this proposal was not supported either. Nevertheless, this idea remains the only valid one for long-term development. The authors would be interested in not taking out steems to buy goods and services, but buying them directly from the domestic market. This would attract new authors and keep the price of stims at a good level. But! This is only possible with a lot of support from the platform organisers.

One-off incentives can only have a short-term effect and will not lead to big growth.

In the meantime, the trend is for strong authors and wealthy investors to leave the platform. I'm sorry, because I genuinely love Steemit.

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It's about time the community steps forward and builds it together. I don't think powering up would solve this issue. Yes I know It's quite disturbing to see these whales powering down but then again what exactly did we gain from them in the first place? Like you mentioned:

three words, not even smart, and the income worth as much as 100% upvote from SC01. I know there is no will to fight with bidboters, but if that won't change, the platform will not survive


It's about time the developers on this platform step forward. I am talking about taking revolutionary steps. We need new DApps, NFT marketplace, games and a makeover of steemit.com itself. I don't know anything about coding but I am willing to help in anyway to build steem again. I have been powering up 100% of my earnings for quite some time now but I don't think even if we all stake all our steem, it will bring a big difference. Yes, it will help stabilize the price for a short period of time but we need long term planning. We are standing at the edge right now. If we all don't work collectively towards the development of steem, I don't think there's any backup coming to save our ass.

Interesting ideas - but difficult to implement and police.

How would we know if people actually spent fiat to buy STEEM rather than just moving back STEEM they were holding on an exchange?

And how would we stop people cashing out again as soon as they got the vote?

And surely it would only be relevant for people on #club100?

If they are on #club5050 or #club75 they would still be cashing out some of their STEEM which would just reverse the benefit of buying the STEEM.


We are always open to ideas if we can find robust and failsafe ways to implement them.

Let's see if we can work this up into an actionable plan...

I'm sorry I've read this great post, and I'm sorry I've given you a personal response, a personal idea. This is the idea of a person who is not familiar with the current situation, but this is only an opinion.

You have the ability to encourage users to buy steem in the market, you can give encouragement to those who are able to make a simple contest buy steem from the market, no matter how small they buy, and you provide reasonable support. This long time becomes something interesting, getting used to buying steem from the market and increasing investment. Even more amazingly, each community has one steem buying contest on the market. Contests that are done all the time, just one contest, so that able users always try to invest money even a little, how much they want and then post it. Buy steem contests on the market, one of the interesting little things to try.

 3 years ago (edited)

First of all - thanks for the answer!

How would we know if people actually spent fiat to buy STEEM rather than just moving back STEEM they were holding on an exchange?

Good point. Even if part of the users will do it, I don't think it's so bad. When that program will be introduced exclusively for club5050+ members, and when one of the rules will be that all steem from the market has to be powered-up, we are pushing users to power up as much as in club75 or even club100.

If some of them will be collecting 50% of the rewards in binance and instead of withdrawing, after a few days/weeks they will transfer it all to Steemit to power it up, they basically are participating in sort of "delayed club100", which will boost the value of the coin anyway.

You are right though that people from club5050 could do it more often than people from club75 and club75 more often than club100. There are two options:

  • as you say, it could be introduced for club100 members only. Advantages: steem would have to be bought, cannot be transfered between the account and market. Disadvantages: there is much less users who participate in club100, so the project will protect STEEM value in a limited way. Joining club100 is taking three months, so let's say me, willing to buy some steem, couldn't do it until March when the impact of those 2,5 million SP on the market will be (hopefully) far behind us
  • the value of your upvote could vary. It could be different for those who are in club5050, different for club75 and finally the highest for club100. That way more steem will be powered up than in option a, and it will still be fair for those of us who are in a higher club than the others.

I disagree with the reply of the friend above. I mean I believe the minimal sum of Steem bought on the market should be set to avoid up-voting millions ofposts per day. Crypto Academy and up-voting bloggers cannot suffer because of that project.

I think it would be good to make two levels: lower, for those who are struggling with their financial situation (majority on Steemit), let's say 100 STEEM (40-45 usd) and higher, with higher upvotes, for those who want to truly invest in the future, like 500 STEEM (200-300 usd). Your upvote would have to be attractive but not too high, not 50% of the value of the bought STEEM price. I was thinking about 15-25% of the value while someone buys 500 steem. Maybe 10% for the club5050, 15% for club75 and 25% for club100. With 100 steem it could be 5%, 10% and 20% of the price of STEEM

Unfortunately not been able to work this into a robust and manageable process yet.

Honestly, if we will consider how much SP was powered down recently and how weak (still) is BTC, then we have to admit that STEEM and SBD are doing quite fine. I expected a much worse situation, so maybe at the end of the day, that idea can be skipped. It was suggested as a temporary way to deal with the crisis, which never grew up as big as in my predictions.

Now, it all depends on some projects of the steemians and the future value of BTC, but I believe it will be very fine soon and STEEM will reach 60-70 cents again in the nearest future.

PS: Thanks for that comment. I want to say that I see the big difference in communication with the SC team and I truly appreciate it.

 3 years ago 

We are always open to ideas if we can find robust and failsafe ways to implement them.

Sorry, I don't like bothering you with comments because you read a lot of spam every day. But since you said you were open to new ideas, I kindly ask you to consider this: https://steemit.com/hive-185836/@papi.mati/r4c5yc#@o1eh/r4h894

Thank you!

Estuve notando en el grafico, que este año el precio del Steem va cerrar muy por arriba de años pasados, eso tiene que ser algo positivo. Luego concuerdo contigo que puede ser una gran cura que todas esas personas se marchen y que por parte de Asia se esta haciendo un gran desangre de Steemit terrible. Evitar los apagones es una medida que podría contribuir muy bien. Buen Post!

As always, you have proposed another great idea that could really help steemit. I hope the steemit team actually considers this one. It will at least absorb a fraction of the impact of the 2M STEEM hitting the market...as bad as this huge powerdowns are, it actually really is good because the bots are leaving and we can actually start building something out of steemit(or what's left of it lol) again. I hope we make it through this. We all have a lot to lose and a lot to fight for.

Nice idea.
What we have to do is to attract more users om steemit. Those who doing power ups should be promoted and curated. Power up contests should be implemented.

But #club100 .. Would it work ? I personally Myself have not cashed out any steem for the last 2 months but would everyone work like that ? No ? Why will they be on steemit where they are earning but can not cash it out.

My opinion is to allow users to cash out a little portion of their earning. May it only be 10% percent of their earning. So they will find Steemit useful and continue to support it.

New idea as steemit becomes viral. I have read the post, the comments and other proposals made by people that understands this platform better than I do. I am more interested in the power up aspect because this initiative has helped a lot of people to grow and before then, the introduction of club5050 really spice the whole with support coming from all angles but nowadays no support, power ups becomes difficult but I think immigrating to club75 and club100 is a nice idea but how people can avoid that at the moment.

congratulations! :)

 3 years ago 

BTW, on my opinion, your idea would not work at all since steemcurator01 neglects even Dolphins - you can check my the Double Dolphin post - steemcurator has ignored it, as well as all my #club5050 and my #club75 posts.

Could I excpect his even one upvotes now and in the future? Nope...

So, if steemcurator01 disrespects his own promises and steemeans, then why we should follow his ideas to save his business?

Hmm, interesting. I'm trying to figure out why you wasn't upvoted.

You are delegating 90% of all you have to tipu - did you make that delegation recently? If not, no surprise that SC was not up-voting you. Bidbots disqualify from any support from SC team, no matter if it's club dolphin or club5050 posts.

Congratulations on the milestone reached but you delegate your sp to tipu and to get vote from sc is very rare because sc doesn't like sharing.

 3 years ago 

I need to ask: what is the difference between gelegating to any coo and tipu?

I don't see much difference but SC is not in support of people that delegate to any bot.

 3 years ago 

buy tipu curates not only for money but also quality content for free

I just went through your blog, you gotten the double dolphins vote from SC, once again, happy new year from my end.

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