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RE: Explainer: Value Flows on Steem with SMTs [VIDEO]

in #steem7 years ago

Yes, I think annual membership is not viable if we are to consider members who may not be able to afford it (paying upfront). From what I remember from the white paper, it's one of the o things that Steemit addresses - Fees are a Barrier to Entry (page 20 of 32).

The way I see it is bring people in, earn value (subjectively) for the content you bring, then learn and adapt.

Bring people in and then let the community help each other learn about the system, add to that the concerned members (community) to fight off the spam.

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@eastmael With all due respect, the bottom-line for developers is the survival of Steemit with the least disturbance affecting its decentralization theme being the resulting decision.

Unfortunately, money will be the tool for keeping this ingenious platform from biting the dust. Considering it’s anti-capitalism foundation, it’s not likely WS backers are going to step in and say, here’s billions. Let the entrepreneurial spirit thrive.

Truthfully, it seems most Steemians have already begun making peace with the inevitable ads muddying the page. You know it’s a likelihood when some of the more prominent whales have already begun discussing what it will be like when….

One last thing, the downside of advertising is people will have to accept that diluting freedoms of speech come with this price. YouTube and Facebook are great examples.

Peace.

There seems to be a consensus in this great discussion (for me anyway, and thanks to all you contributors) that annual membership is not viable, there should be low fees or no fees, and the acceptance of advertising should be frowned upon. (The latter is not explicit the discussion but I ‘get the feeling’ from the remarks.) My question is this: in that combination of conditions where do you get the revenue to survive in the long term?

And the SMT proposal will not contribute to survival unless implementation rolls out quickly and SMT projects are successful quickly; because the currency is tokens. Survival inevitably gets us into needing access to fiat money, unfortunately.

If someone came along and told me that I must make a reasonable financial contribution in order to gain access to some of the content and the networking available at Steemit, I would pay without hesitation. Why is that? I have already put my hand in my pocket locked away several hundred dollars in Steem Power. I have already written off the money. If I get a financial capital gain from it I will be very surprised, so in effect that's my version paying an annual membership.
Lot’s of publishers have memberships where all members have access to ‘free’ content, and paid members get access to special content. So we could keep a strong ‘free content’ section rolling to make sure we enhance the networking power of Steemit.

SMT proposal will not contribute to survival unless implementation rolls out quickly and SMT projects are successful quickly

Interesting observation on the SMT. It seems to have cooled off since the first launch of the white paper. I agree that swift success will be crucial to it gaining traction.

If I get a financial capital gain from it I will be very surprised

I will receive as a vote of confidence that your continued investment in STEEM is your belief in its long-term success.

paid members get access to special content

Yes, paid content on some YouTube channels, seems to be effective.

Perhaps, Steemit could give a select feed to paid subscribers, of the highest rated, non-auto-vote posts by topic. This would prevent people with a paid membership from scrolling hours through hit-and-miss posts.

Thanks for your very insightful perspective.

I really love the idea of paid memberships receiving special content; while, allowing those growing the channel with consistently active posting; and, is a far-better solution than advertising.

Perhaps you could detail an original post re: your paid members’ idea. What would you consider a good base-price for annual/monthly membership?

Hopefully it will get the attention of the CEO @ned.

Thanks again.

Peace.

Thanks, and I certainly hope that the leadership looks at the comments on this page carefully and especially one mark in your response to me. In the-increasing concern about capitalizing on the arrival of quality content, it is a real source of worry that this kind of content is uploaded and seems to disappear into the ether in almost no time.

And the answer to this is not to follow particular individuals. It is at least to have a built-in bot that everyone can use to provide a set of key words that would cause the links for particular types of articles to be brought to their attention and not allowed to scroll off the screen a few minutes after their upload.

I feel we are going to have to bite the bullet on some kind of advertising and payments from people who don't feel that they need to get remunerated financially for participating. Please go here to see related discussion: https://steemit.com/smt/@lestatisticien/synopsis-of-steemit-community-members-views-on-issues-to-address-in-roll-out-of-smts#@alexmavor/re-lestatisticien-synopsis-of-steemit-community-members-views-on-issues-to-address-in-roll-out-of-smts-20171010t195321010z

provide a set of key words that would cause the links for particular types of articles to be brought to their attention...

Wow! You continue to have added insights to helping the platform grow upward.

Thanks for the link to a summation of the topic. Great work!

Peace.

Thank you, spiritualmatters, and good luck on your projects!

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