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RE: Steem inflation: A tool to create demand
I have 46000 Sp and I earn around 100 steem per week with curation, Do you think I would buy another 46000 to earn additional 100 per week ? No way !
I have 46000 Sp and I earn around 100 steem per week with curation, Do you think I would buy another 46000 to earn additional 100 per week ? No way !
I'm not sure how your comment relate to my post.. But why would you not?
The idea here is to increase the value of steem, so those 100 steem per week could be worth a lot more in the future.
My point is that so called big investors will not come for just idea to increase value of steem. They are not stupid. They know the math and know how to do business. They want ROI and don't care about moderation, curation, etc. They don't have time for this. But all those masses we waiting to come are broke anyway. So my question here is: who want to buy steem right now and why?
ROI in crypto is usually in the form of value increase.
Why do you think all these investors are buying bitcoin? What is the ROI?
Also in what I proposed, 50% of the pool's money would be redistributed to investors ( moderators and curators) which is a real ROI. Usually this goes to miners, there are basically no crypto where 50% of the inflation is redistributed to all share holders. As an investment steem could be made very attractive.
Thanks for your time to explain to me. I'm not familiar with technical points here. I'm just average Joe, so my opinions are more amateurish. Sorry . I can't argue with you. Thanks anyway. But 99% people on steemit are average Joes like me. Take that in account.
So a New Company being in the Crypto or Non Crypto field could use steemit as a marketing and advertisement campaign? Possibly buy Steem Dollars (SBD) to promote a product or message about there New Company. Now buying larger amounts of STEEM and SBD would generally keep that marketing and advertisement cost lower.
Am I the only seeing this?
Frank
Buying steem power to get visibility is a failed concept because you need so much of it to get a post trending that it would make no sense.
But a model like the promoted feature on steemit make sense. I also proposed a similar idea where advertiser would pay to have their ad on a specific user profil. https://steemit.com/steem/@snowflake/a-twitter-like-revenue-model-could-be-applied-to-steemit-busy
Thank you snowflake for the link.
So lets say all the people working for Nutella had steemit accounts which also has plenty of friends and family as followers that may or may not have steemit...yet.
Wouldn't that at some point start to trend even with not that much SteemPower (SP) needed and they all just voted, commented, resteemed, and possibly click the PROMOTE post tab? Eventually other steemit users who may happen to see it will chime in, vote, comment, tweet, fb, etc...
The reason why I feel this way is because I do not really use any other social media but steemit. This is a platform which maybe an idea is created underground and eventually hit mass adoption. Just my two cents worth.
Frank
The goal is mass adoption. The most difficult part is to bootstrap the platform so it becomes big enough for advertisers to be interested in it.
This is why it's so important to align incentive with people who will help bootstrap it ( early investors)
So start ups would benefit using steemit for their employees before they become massive with little investment?