Steecky Thoughts #7: Steemit disrupts Quora [3 min]

A blog by @ooak

It's a place for me to give birth to my thoughts. Meta thoughts about "Steemit",
external thoughts about life and experiences. My aim is to bring value to people, entertain the audience and craft my writing skills all at the same time. I will write short to medium size blogs because I believe that today more than ever time is money and attention is hard to get.

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At a previous blog (HERE) I wrote that Steemit has many applications yet to be utilized. I wanted to expand upon the use case of Steemit as Quora.

For those of you that don't know, Quora.com is a social platform for questions and answers. Users can ask the community questions and receive answers from experts in different niches. It was established at 2009 and since grown to about 80 million daily visitors.

The power of Quora is in the quality of answer. It has a large user base that can contribute
insights on different niches. Niches they consider themselves experts.

The interesting thing about Quora is that the incentives to work hard and answer question is self promotion (marketing). Many users use Quora as a platform to get eye-balls at their
external sites or work (blog, product, service etc). Meaning that in order to make money out of Quora you have to write quality answers and direct users to your website funnel. It's hard to do so.

In my opinion Steemit can become the next Quora. The reason is simple and intuitive.
Steemit users already try to produce great content to get recognition and earn more money through it. It's only natural that Steemit can incentivize quality answers. It can also incentivize quality questions.
We can already see users getting value out of their comments to different topics so it's only natural that by taping to the Q&A niche comments will be more valuable. Another idea is that the user who asked the question can split the profit from the post with the best answer or the most up voted answer. This can add to the incentive of quality answers.

One disadvantage is that Steemit is quit a private. Users are not connected to profile or titles. Quora has profile and titles, so you can evaluate by yourself the level of trust you have in the user and answer. Steemit could create this trust by up votes and rewarding the best answer according to the "wisdom of the crowds".

A second disadvantage is that currently there is no ability to follow certain topics at Steemit. If I'm interested in Question about finance I can't subscribe to the finance tag yet. But when it will be possible maybe a different tag will be needed to be able to find Q&A of finance
specifically.

Steemit is still young, many use cases can rise just from the interesting financial incentives it presents to users to post quality and meaningful data.

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Shower Thought: Steemit could become the next "Wordpress", but without the hassle.

@ooak signing out…

#steemit #steem #blog #writing