RE: Too tired to post (and other fallacies)
In fact they continue creating great content (educational or entertainment value wise) and it tends to improve, all of this is caused by sucessfull busines models of course, because one can only endure on ideological motivation for a limited time (pain tresholds are different).
The other thing is life span of a content from a business perspective. Let's say you are creating videos on YouTube. They continue to get views over time and results in synergy (viewer that watched your photoshop turotial might watch one or few of your other videos) and there is whole algorithmical logic implemented in it to keep user on a platform for as long as possible. If your content is discovered after a year it still pays you.
On Steem your content is monetizable for 7 days. That's it. It sounds almost biblical :) You must be a beast to pump quality content at a rate that will make your effort economically viable time verse. I am not even talking about production value and associated production costs that come with it and currently there is no possible way, to be economically viable on steemit (or spinoffs)
Steem as it is now might only be good for reposting allready created content for additional stream of revenue, but even that is broken.
The only way i see it work, steemit and current business model is good for written content. In this sence if fits perfectly well, blog or journalistic style, that is censorship free. That's a real use case, but... with the current content discovery mechanics it looses all of it's appeal, users fail to generate traction and enjoy just random whale votes on articles that are discovered by bot algos (containing certain ammount of written text, number of uploaded images) and that get on a voting trail (just think about this phenomenon that illustrates how content discovery works on steemit, it works automatically!!! lol)
Or... i could dump a few k Eur into steem token and start receiving upvotes from people expecting a vote back (that's how human psichology is wired and that's why circles form). Seriously, try powering down for six months and you'll see what impact it has on your payouts provided articles you write stay of the same quality.
And again do not get me wrong, i'm not ranting, i study blockchain, tokenomics and new possible business models. I could powerup to 100k SP if i wanted, but i know that i'll suffer from public ignorance and would think that everything is cool with the system.
My goal is different, i study the phenomenon, think of new ways how token economy could change current , faulty and centralised business models, that would benefit the community and encourage creation of quality content be it educational or entertaining. I think of the ways to add utility i.e. value to the token.
Just Steemit and spinoffs at a current stage are not what we need. STEEM as a blockchain is a completely separate thing, but just for me and you. For the majority though it's one and the same thing. And i'd hate to see STEEM die just because of skewed perception when put on one plate with the test bloging plarform steemit.
That is sadly severely broken as of now.
I am on a train in the Netherlands so will get back to this later. When it comes to the 7 day payout, that is only on Steem, a different token can behave in an alternative way. There are technical ways around the 7 day payout on Steem too I think.
Oh yes, definitely so, that's why i stressed the difference between steem blockchain and steemit. You can actually code to repost parent post every 7 days and allow it to continue receiving rewards infinitely.
But here you must think of possible malpractices looking forward and make sure that one parent post can be upvoted by the same user just once.
Posted using Partiko Android
As soon as value of some kind is available, people are going to try and game it. This is why many of the interfaces are at least partly centralized in their policing.