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RE: An Open Letter to the Steemit Powers that Be

in #steemit8 years ago

This hints on what I believe is Steemits biggest problem right now. It is a market with lots of sellers, and no buyers. That's the opposite of healthy business.

Everyone wants to come along and be a successful blogger, but few members are truly consuming the content in a meaningful way. What Steemit desperately needs, is to attract people to become members because of the content, and because of other factors which may need to be introduced.

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Thanks for taking the time to read and comment.

I think the idea was, when "celebrity" writers like the dollarvigilante came on board, they would bring in a massive, built in audience that would be energized and would stick (hence the large number of anarcho-economic focused users and new content). I get why it was done.

The problem is, I am not 100% sure they are consuming content outside of their celebrity writer. The content generated by those who are energized from the built in audience, does not appear to be garnering the upvotes and rewards they anticipated. So, I think the attrition rate of that audience is alot higher than anticipated.

Also, longer vote periods discourage engagement. It's a Ron Popeil world with upvotes, "set it and forget it" by using a bot to clone what the whale upvotes. Until that changes, the social component of engagement will suffer and everything cascades with it.

Engagement encourages consumption an one small change can make a world of difference.

Yeah. A few more celebs would definitely help, but regardless, I do think it needs to spice up its image to appeal to a wider audience. Even with the money thing, there's still nothing particularly cool or sexy about Steemit.

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