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RE: Does the 7 Day Payout Period on STEEM Still Make Sense?

in #steem6 years ago

I think you have a great point! I think that you’re right that very good content is timeless, and blogs like waitbutwhy and others that do long-form content as well as musicians and filmmakers do deserve a way to monetize in the long run. But maybe it’s wrong to look to Steemit for a solution. Every social media encourages a certain kind of content- Twitter very short and quickly consumed, Facebook a little longer, Quora or Tumblr longer yet. What I sometime picture is something like an embed button you can put on everything that lets you monetise all sorts of content. Kind of like Flattr was trying to do years ago but in a tokenised system. Anyway... nice to see another Copenhagener on here!

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Thank you for your interesting thoughts. I do find the idea of combining different approaches from different platforms particularly interesting. One of the main advantages of blockchain is the decentralized architecture, so it should be possible to tie different economic mechanisms with corresponding lifespans together into one integrated platform.

Maybe you’re right. It seems like a big challenge though. Another thought is to pay by consumption rather by upvoting. Seconds seen in a video, scroll-spying etc. What kind of content do we incentivise with a upvote-system, and is it the type of content that we really need?

Oh and likewise great to see other Copenhageners around here. We should organize a meetup or so soon 😊 @meanmommy33 is working on this with @copensteem

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