RE: What is the #1 change needed for Steem - Win $20+ upvote
I don't see greed. I see opportunity, trapped in a comfort zone. Entrepreneurs afraid to make the next move. Arts and entertainment combined with the information age and advertising generates billions yearly. These folks only know crypto, tech, and money, so we can't expect them to realize the true potential, because it's not their field of expertise.
The business model caters only to amateurs with high hopes but doesn't perform in the long run. Established folks in this industry are already set up to earn, so they snicker at this approach here with purchasing fake reward in order to earn. The entire view/like buying strategy killed the potential of established networks already, so this method is already behind the times. Tried, tested and failed. Those pushing this approach are amateurs and never studied what works and what doesn't. Copycat artists. Can't think outside the box.
True, what Steemit fails to have, which hurts us the most, is some form of marketing. @ned didn't do his job from the gate and @jerrybanfield made the place a laughing stock. We need to recover from these two fuck-ups and get some real marketing done.
@ned should be using his stake and that of @steemit to push good content up and bad content down.
It's too early for marketing. The place isn't ready for millions of contributing members.
The current internal advertising system (boosting posts to trending) only has 20-30 slots. If there were millions of people playing this game, their posts would last an hour tops on the leader board, then the slots would become so expensive, nobody would be able to afford it, or want to pay for it.
Jerry wasn't marketing Steemit, he was marketing himself, using his audience and numbers to help push him up the witness ranks. Many of the people who came because of him were not successful, because of him.
Ned isn't the enemy. He just needs to put the foot down.
I'd love to see more than 40 people paying to be at the top of trending. It is the same people every time, let them pay MORE. If it is all about "advertising" let them pay more to play.
I know Jerry wasn't marketing "Steemit" but that would have been a great use of ninja mined Steem to bury that trash.
This is like anywhere else, there are investors and platform users. I wonder what would happen if the system just paid out SBD on a post and all steem had to be bought and turned into Steem Power.
I change daily between this place is a madhouse to it is a funhouse, or I am so "mad" I find it fun.
BTW, I need my pants back, kool-aid has worn off.
I'm suggesting the current trending page advertisements and promoted posts get moved over to a new section (Market), then bloggers choose from a list of those posts and include them as ads in their posts, simply because 40 slots for ads is a useless waste of time when there are thousands of blog posts published daily. Put the ads inside those thousands of posts, then these promoters and those promoting have a larger venue that can handle eventually thousands of promotions per day. Plus the content producers can earn ad revenue and a share of the hopefully successful promotion rewards on top of their potential post payout. More posts being curated organically means more eyes on the ads and promotions as well. Plus there would always be a demand to buy STEEM which is needed in order to promote, so the value slowly rises even while others cash out. This also creates a new method of distribution.
Everyone who plays a role in this current mess still gets their money, except it'll be worth more, plus everyone, no matter which role they play, stands a chance to earn more.
The trending page isn't enough to handle the demand for promotions and should be given back to the content producers who will then host the ads within their posts. Posts that could potentially trend. Since not many look at trending, this gives those who promote a chance at far more potential views than they'd ever get under this current model.
I could talk all day and explain this but I don't even think anyone is listening or even reading this far.
And would you have been happy if on your blog you were advertising Jerry sucking his own dick?
Nobody in their right mind would select a post like he did that day. That's the reason why I'm suggesting people choose from a list of promoted posts. If this idea was in the works, he'd never get eyes on that shit and those who promote that junk on their blogs would ruin their reputation with their following.
Right on, I missed where you said we get to pick what we feel like promoting.
I thought you meant whatever was trending just went on our pages. I was getting ready to tell you that you were cut off from the kool-aid.
It wouldn't work if spam showed up inside our posts on it's own. I mentioned in the post I wrote about how clicking the banner link to these promotions doubles as a vote to the post hosting the banner and explained the logic behind that in the comment section. Since we'd be selecting from promoted posts, we'd want to select something we know our followers might enjoy, because if they click, we earn. We'd also have to be careful because I mentioned how competition will mean incentives, so if everyone gets lazy and selects the top ads in the list out of convenience, their share of the ad revenue when the promoted post pays out would be far less than if they curated quality ads found further down the list. You know how some DAPPs take a 25% cut? This Market DAPP could do the same, but disperse the 25% to those hosting the ad on their blog. So there's two ways to earn ad revenue now as a blogger, plus the promoters earn more, and those promoting get far more potential eyes on their promotions; and to top it off, the trending page goes back to the legitimate content producers instead of being hijacked by unmarked and misleading advertisements. Every post that uses bots is a form of paid programming. It doesn't matter what's inside the post. The bots are used for promotion, they say, so therefore the posts become promotion, advertisements, and paid programming. Naturally, that sort of material receives low ratings, which is why people can't seem to understand why the trending page now is in such rough shape. Every newspaper has a good cover, with actual content. Turn the page, find more content and ads within. This model works for Youtube, magazines, newspapers, television; everything. Steemit is the only place doing it backwards.
Sorry for the wall of text, I'm on a tight schedule.