Centralised vs Decentralised and why STEEMIT is Social Media GOLD..!!
SOCIAL MEDIA GOLD
Yesterday I posted a Blog titled: "....the evolution of social media and why steemit is so important..!!"
For the ones that missed it, here is the link....
Yesterday I promised that I would post a presentation on the difference between CENTRALISED and DECENTRALISED Platforms and the relationship between USER CONTENT and SHAREHOLDERS.
There are 2.6 billion people in The World that currently use SOCIAL MEDIA and it is a simple fact, "....Why shouldn’t they be the ones that are REWARDED..!!"
What makes STEEMIT stand out from the CROWD and is the ENVY of its RIVALS is the simple fact that in essence the ones that are producing the CONTENT are effectively SHAREHOLDERS.
As a COMMUNITY, the better the QUALITY the more VALUABLE the CONTENT is. The more VALUABLE the CONTENT is, the HIGHER the REWARD will be..!!
Rather than lining the pockets of SHAREHOLDERS for posting your hard work the CONTENT PRODUCER should be REWARDED.
Let's face it, it is the USER that produces this QUALITY CONTENT that is bringing ADDED VALUE to the Internet not the SHAREHOLDER.
As most of you who know me by now I am a huge fan of STEEMIT as well as the concept behind STEEMFEST and I truly believe that people will be taken by surprise the next time STEEMFEST is held.
Taking inspiration from a Blockbuster Film...... "....I think we are going to need a Bigger Venue..!!"
Thanks for reading.
Stephen
Some people are calling decentralization as web 3.0, i believe this is actual trending and agree with your thoughts @stephenkendal.
You Nailed it..!!
Upvoted and shared on Twitter✔ for my followers to read. Stephen
https://twitter.com/StephenPKendal/status/803604309183262720
Disclaimer: I am just a bot trying to be helpful.
Shared on Twitter✔ for my followers to read. Stephen
https://twitter.com/StephenPKendal/status/803575108803530752
Disclaimer: I am just a bot trying to be helpful.
Nice job stephen. I think this presentation shows how steem could really help free many people of the world. Although a simplistic idea, Instead of a pyramid scheme (where money flows from bottom to the top) we have a platform where money flows from top to bottom. This could revolutionize the internet! Keep up the good work upvoted & resteemed :D
Thank you. I appreciate the support. You nailed it in one. This is a top down value generator unlike the bottom up one that we are used to. This has the potential to totally REVOLUTIONISE Social Media. Following. Stephen
This post has been ranked within the top 80 most undervalued posts in the second half of Nov 29. We estimate that this post is undervalued by $5.45 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Nov 29 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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