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RE: An Open Letter to the Steemit Powers that Be

in #steemit8 years ago (edited)

They are not only voting with their feet, they are voting with their tweet, and on google and Facebook. Search #Steemit on twitter.

If you have been herE more than a week, I think it is doubtful that you can say, that you think if you write "Quality Content" someone will reward you for it. The search is terrible. Having to add graphics is clunky, so, if I am not here for steem, I am likely long gone. My work buried in a sea of steemy posts that are also being ignored.

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The intent of the article isn't a laundry list of complaints against Steemit or to imply it's a scam. I think it's a platform with promise, but it seriously needs to address some issues (and soon) regarding voting, curation, rewards and so on. Focusing on short term rewards will damage or destroy this platform. So far the decisions have been to maximize the short term rewards. The pool of people who are willing to soak up the STEEM from power downs are getting smaller and that's a sign of the rapidly decreasing value the metrics I highlighted are correct.

Looking at the charts, I would think that churn rate has to be in excess of 30% to justify the steep drop off of active users. Not good.

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