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RE: Steem Bot Colored Dreams - 50/50 to Save Steem?

in #steem5 years ago (edited)

Cheers for the feedback @starkerz

It's encouraging to see that you recognize that the system is not functioning effectively. I'm impressed you've managed to realign to function under the vote buying economy, and sell steem to investors.

I feel like my point about audience in this article is key. If we had a larger, more diverse, more satisfied audience of creators/consumers on steem it would make it a much easier to sell steem as an investment to larger businesses. It's simply a question of numbers. Eyes on message! I worked in marketing for a short period. I know that if I had a budget spend for advertising, I would be trying to spread it out based on two factors. Eyes on message... and the right eyes on message. At the moment on steem we're simply loosing people with eyes to look. Bots don't buy products, services or ideas.

I appreciate that it's sometimes a case of working with what you've got in this world. But I personally would like to see steem succeed as a true content reward platform, both for my own personal dreams of writing for a living, but also to see steem value grow for everyone. I really don't see the two as being mutually exclusive as I've heard others say it is. Leveraging the potential audience to investors/marketing agencies based on their interests is of huge benefit to steem. But vote buying sends most intelligent, accomplished content creators running a mile which stifles the platforms growth.

Anyway, I've pretty much said all this in this post already lol. It's something that I've talked about a lot in the past but I'd given up on. This post by steemit.inc opening 50/50 up for debate woke me up 🤣

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Either way, we have attracted several hundred thousand of new money delegat d to us by our clients, and we maintain it by creating free content for them. It costs to get it to trend. Basically, Steem works as long as there are more comments on Treading than if u don’t pay for trending. As long as that happens, we can still provide value to clients, even if that is done by paying Steem holders for their vote while they do no tangible activity to add value. We do this at our risk however, since if the trending page is abused or becomes unpopular, the Steem mechanism essentially is finished. So basically Steem holders have decided it is better to place all their eggs on the trending page and be able to earn high inflation passive returns for adding zero value to the eco system instead of choosing to have trending page + organic content discovery but have to work hard or pay money to set up systems to ensure organic content discovery flourishes on Steem. It’s short term over long term, sustainable thinking... or maybe in other words greed over wisdom. We will keep doing our best to change the culture on Steem. It MUST change. There is no other choice

It’s short term over long term, sustainable thinking... or maybe in other words greed over wisdom. We will keep doing our best to change the culture on Steem. It MUST change. There is no other choice.

Spot on!

IMO, how the long term value of steem can be built and solidified is to find a way to appropriately reward/encourage/retain quality contributors, which will build a more attractive audience for investors. Especially targeted content marketing, which I know is part of what you're doing. It's a no brainer for me that vote buying needs to be squeezed out as it's skewed as a form of economy that takes much more out than it brings in. The only benefit I can see in it is keeping passive investors in steem who may have left without that delegation model.

Anyway, thanks again for your perspective.... I'm off out for a bike ride now to blow of some steam

We are doing exactly this with our new platform 3speak.online, which is in final alpha phase. Ur welcome to check it out

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