Vlog 310: I think in the future Steempower held by investors will be used to fund individual projects instead of individual content creators.
Lately I have been thinking a lot about where the blockchain is going in the future.
And I had so much fun this morning reading the blogpost by @andrarchy here.
Talking about the blockchain of opportunity! My goodness! From joining Steemit as a content creator to Content Director for Steemit 18 months later. Well done!
It also reminded me of Steemfest 1 where I briefly met @andrarchy for the first time. (Not sure if he remembers that because I was a totally unknown back then).
How things have changed around here since Steemfest 1 is hard to explain to new Steemians.
Development has been going at rocket speed. Not only with the blockchain itself but also in 3rd party development (dtube, dlive, steepshot ect...).
I feel that now we are standing on a crossroads where things will change a lot again.
I think in the future Steempower held by investors will be used to fund individual projects instead of individual content creators.
Steemhunt is just the first project that is doing this, I expect more will come.
The individual projects will then fund the individual content creators. (Which dtube, dlive and now steemhunt are already doing).
I talk about it more in my vlog.
I am a witness with our developer group @blockbrothers for the Steem blockchain. If you want to support us I would appreciate your vote here.
We build Steemify a notification app for your Steemit account for iOS.
Get it Here:
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I think voting power must remain tied to the steem power a user holds. the whole reason independent artists got excited about steem it is the hope that one day, after a lot of effort and work, we can be independent to the point where we can generate a base level income and them help other creators and our readership grow. also equalizing the votes will increase the spambot problems and at that point why not just pay out each post automatically?
sorry to go on a rant on your page, do you know a more a productive forum where I can discuss this?
Mark @exyle as I mentioned yesterday it was because of you mentioning @steemhunt that I decided to become a delegator of some of my SP. I think once People do get there head wrapped around what this can do more and more people will consider how valuable the STEEM they Hold is going forward..............
As you know I have delegated as well. I like their funding model. I'm following the project with a lot of interest. And again there is almost no risk to investors besides the lose of ROI on SP because you can take it back at any moment. It's an extra incentive to keep progressing and do a good job.
The funding still comes from. Investors propping up the price of steem. At the end of the day, your projects can't get money if steem isn't worth anything, and the only thing steem is worth right now is the attention of its own users. It's a catch 22.
Those outside projects will need to liquidate their earnings in order to operate, so in that sense, I don't think you are correct. You need such large capitol to operate, and having it come directly from steem would mean that you cant rely on it in a large scale.
Indeed...Lot of development happening on this great Blockchain and true, Steem is a technology that will be a paradigm shift for all content creators and Steem power will be definitely used to fund individual projects.
Many project are coming and some are place on hold pending on the release of SMT. Steemhunt is a cool project, i just like how it been run.
i will also like to introduce #oracle-d to you which was create by @starkerz
The people holding there steem there i see great future ahead the bolckchain and the moon light out.
Some will agree to the direction where the steem blockchain is headed while others will disagree for their own valid reasons too. Its an ongoing argument. I always enjoy reading both sides of the argument. Only time will tell which direction is best.
u r right
I wasn’t born yet as a steemien, but I can imagine. Since last December I can already see huge progress. I can clearly see the right direction steemit platform is heading to. I’m not even sure “huge” is the right word. I know that steempower will be used in multiple contents including outside of this platform. Paying for services, projects...I noticed Steem holding strong, even climbing when everything else selling off. Steemit is e “real” future!!!
@exyle,
Yeah SP will be the precious investment for the future! We all know, now it's harder to make STEEM as content creators! Within 27 years from now, we can have only 2 times of current STEEM SUPPLY! So it makes senses!
Cheers~
That's great because these individual projects the investors could be most interested on are going to fund the individual content creators anyways, bringing them more tools for content development. With more tools we can do more, we just need to adapt an develop ourselves. But we need a culture of powering up too to be someday investors ourselves, we need vision.
Projects are definitely the future on this platform. As a matter of fact I am contributing to several projects at @steemromania, one of them involving traveling. It's not nearly as high a profile as steemhunt but we try our best with the modest amount of delegation that we have :)