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RE: Is Advertising The End Of Steemit?
It hasn’t bothered me at all. I’m glad they went with the implementation that you don’t see ads when logged in. I do think that should be advertised as a “selling point” for creating an account to go ad free.
I do wish they’d partnered with a crypto friendly service like Anonymous Ads, or fully revamped the official blockchain promoted system as well, so that we users could get in on advertising opportunities that broadly distribute the value to all token holders. Integrating Basic Attention Token as it develops would also be intriguing.
edit I also like the ad model you describe and see it having great potential. I believe https://oracle-d.com is tackling just that angle.
Well they'd better scrap their entire whitepaper then, because it goes against everything Steemit stood for in the beginning.
I too would love to see some cross-blockchain collaboration happening; together we are stronger!
Cg
The white paper may have been a little naively idealistic in that sense, but I think it’s also important to note the nature of the blockchain. We all know our content posted to Steem is completely open & permanent. Hundreds and thousands of sites could potentially pull your content from the chain, slap ads on it and monetize your work with no compensation other than exposure. Steemit holding out against that would be a moral point alone, and of course some folks will purposefully choose front ends with no ads so their inclusion has to be a measured business decision.
On the plus side of the equation, as you noted... it’s pretty much “dumb ad” systems due to the fact that Steemit isn’t engaging in much more in depth data collection/brokering/targeting like the closed systems of normal social media. I do feel more comfortable about that.
Steemit Inc. also does suck at transparency so we’ll probably never know, but it would be nice if this ancillary ad revenue was targeted for specific purpose. If say, it covered all hosting & server costs with a remainder going into marketing & outreach, I’d feel like the value was still staying within the community and not destroying the spirit of sharing the value either.
I can say with 100% assurance, that absolutely zero will go on marketing. The day I see Steemit market, is the day that @ned leaves the company.
I saw a quote the other day from @dantheman saying he was really disappointed that even though things were in place, most of his original dream has not come to pass re Steemit.
He also said he was pushed out...
Cg