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RE: About The Delegation Trust Committee:

in #steem5 years ago

Good points, and I could not possibly agree more that the focus ought to be on onboarding the masses and improving user growth and retention on Steem. Having completed quite a few applications for public funding (I know you hate those, but they are common in Norway lol) on behalf of StartUps, as well as helping improve two pitch decks to early investors, I find some of the most crucial questions always asked in those applications/decks missing:

Who are your first users?
What's your plan to reach them, test if your value proposition resonates with them and that they are indeed willing to pay for your service?
And then, how will you grow from your first early users to capture an early majority?

This is so much more important than more down-the-line "extras" such as whether or not your app offers features that burns STEEM, which makes literally 0 positive impact until you have a large userbase and stake going towards your users.

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Yeah, actually I'm very much in alignment with the point of view that the target should be user growth and retention, and that the talk about burns really is on the side. It's not clear from the discussions what is being prioritized, and that is valid feedback. We've laid out a basic framework though, and there's a lot of room within it.

The next step is the rubric, though, and these points will be made much clearer then.

Sounds good! My intention here is not to criticize (I think the committee has done an overall very solid job), but more to emphasize that this is an opportunity to help projects move in a better direction. As I said a few times during the discussions in response to the question "why do businesses that are already sustainable need a delegation", the point is to improve the impact of work that has extra positive impact for Steem, and user growth and retention should be number 1 on that list.

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