Differentiate and Win!
Refocusing steem!
We have to focus on how we are different and how we are the best. That's how you win!
What we should not be: Blogging site
What if I said I was creating a site where experienced writers were paid to write content on a wide variety of subjects and paid on views.
Boring! Seen it before everywhere. Not new, not innovative all that matters to getting more writers is to pay more.Fail* but wait you don't even get paid in dollars you get paid in a new declining currency! not a winning mission strategy
How about get paid to vote on content and comment?
Wow, never been done before! I can be an editor, my voice matters ? Where can I do that? No where but steemit. I can make a few bucks wasting time on the internet! Tell me more! Oh I get more credit for voting by buying little of this steem power thing? Sure I'll do that.Winner! New Different, hard to copy, no one else is paying voters and commenters.
Winning companies focus on where they are new and different!
Lets reorient in that direction
- more voter rewards
- more commenting rewards
- market to voters no writers
Curation can be rewarding, but you do need a dolphin level account to make a decent amount of SP.
Maybe not that high but the more you put in the more you make. My votes are worthless so most votes get no sp. Getting paid $1-2 bucks a day to read on the internet is nice. You don't need to get paid more than that. You might get that from $500 invested.
Part of the reason you get no SP is the code was changed to not pay out any rewards less than about $0.02 in order to reduce transaction count. I disagreed with this, as I feel we should reward even entry level users as much as possible, especially early on when the transaction load is small. If necessary a cutoff could be introduced later to reduce load, but it isn't needed now. What is needed is rewarding more users!
The other part of the reason was cutting everyone's curation rewards in half and instead boosting rewards to authors by 50%. That hits those at the bottom even harder because more fall below the cutoff and get no reward at all. I also disagreed with this change.
Ah, I noticed that when it happened. I thought the author rewards had changed but didn't realize there was just a higher cut off. That makes more sense. That happened in early August I think?
It's funny how so many of the incremental changes in July-September have made people not want to power up.
I think the small curation rewards make you start thinking maybe I should put more To get bigger rewards.
Authors that do well in every post are the ones that take steem out of the system. It's not worth it to take small change out so small fry curators leave it in.
Early August sounds right, but I'm not sure.
Agree, that was mine motivation in the first instance )
Me too. I voted and received no rewards then started asking people how much I needed to get rewards.
Unfortunately, sort of to much
A good curator can make about 1% of SP weekly, so to make 200$ a week one have to invest 20 000$ ( let's assume prices are stable)
Suppose I want to start career as Uber driver - I wouldn't have to buy a 20 000$ car to start, there would be lot of companies around willing to provide a car for me and share the reward, I probably would have to invest about 1-2 thousand $ only.
This idea that steem is a career is silly. There are no numbers there. Think about Uber riders that's what we want. One ride a day. We should recruit riders and then we will end up with writers (drivers). But it will be easier to get riders (voters commenters) if the bar for writing is lower. So get rid of these writers that need $100 a day to be happy. They'll come later if we have an audience. More audience makes the steem value higher and will allow the firm to sustainably improve its writing.
Could not agree more. The rewards should be viewed as a bonus and incentive (and possibly as investment income), not a salary.
It's really innovative as investment income. Totally agree.
Why author rewards may be viewed as a salary, but curation rewards shouldn't ?
Curation rewards are intertwined with the investment you make. More steem power more rewards. People with same steem power can get different rewards but the dominant variable is how much steem power you have. For small investors curation could never be enough to be a salary. Authoring rewards of $30 apost for 2 post a day 7 days a week could pay $400 a week which is. A decent salary for writing in some geographic locations. If they pursue this they are likely to be large net sellers of steem.
Yes, from the technical point of view you are right ,of course.
I just had impression that @smooth had expressed some ethical objections to it.
If you are referring to my comment about it being a bonus or reward and not a salary, that was not ethical just practical. In addition to the comment about curation rewards being tied to investment (in effect a form of return-on-investment), curation rewards being cut in half while author rewards were boosted by 50% by as part of a hard fork further contributed to the disparity.
The ROI model makes some sense too. When companies provide a car to you, they expect a return on that (plus a car is a much lower-risk investment than tokens in an unproven crypto blockchain, so the expected return is also lower).
It is possible to submit curation suggestions to Curie in exchange for a finder's fee or to make other deals with larger SP holders to curate for them. That is closer to your model of driving for a living without owning a car. That said, I'm still not sure there is enough money in curation given how things are structured and the price of Steem for too many people to make a living at it any more.
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