At what point did I see the potential of Steem?
At what point did you see the potential of Steem?
What kind of content do you consume on average?
Asked by @tarazkp - https://steemit.com/thoughts/@tarazkp/the-glass-is-full-in-the-mind-of-a-millionaire
The order for me:
Contributor
Consumer
Investor
Developer (BUIDLer)
Proof of Brain on Steem.
The new PoB is geared to showcase the best of Steem. PoB was never meant to be something where everyone got to self upvote their post because they think their content is good. This leads to shit content discovery because by nature everyone is the basis when it comes to the things they create.
There is no one size fits all. If you try to please everyone you end up truly pleasing no one. That was what was wrong with the old PoB, everyone was getting pleased, but no one, (except reward pool abusers) actually felt please, more of just acceptance of the status quo.
Content that does not earn a lot of Steem is either the free market speaking or what we call an undervalued gem.
In old Steem, it didnt really matter what you voted on, but now with 50/50 curation, competition for upvotes will be more fierce than ever. I look at New Steem as having the highest potential to receive a massive payout, but that will come will fewer lower-paid out post. This just means you will need to put in more effort if your goal is to make money.
The problem is assuming anyone "deserves" anything. I've followed channels on YouTube that put in incredible effort and they have less than 1k followers and have made zero money from their efforts. Other the other hand there is a girl that plays games selling her bathwater and making thousands of dollars off it.
Posting on a site like Quora or Medium and most people would be lucky to even get one free upvote. We take things for granted on Steem and if you look at this platform as a way to make money, you prob won't make much.
For instance, it took me almost 3 days, maybe 4 hours total to write this and make it look all pretty. https://qr.ae/TWrDPq - I got 3 upvotes and 303 views, zero dollars. I am a Top Writer on Quora, been producing long-form content on there for over 3 years. I don't expect anything when I post, I hit the post and I move to the next. If I made content for the money, I'd quit along time ago.
Competition in the world is fierce, I am being brutally honest, but most content isn't going to go "viral" and most likely want to get a ton of rewards. The uncomfortable truth for many is we are fish in a small pond ATM, and as that pond grows, curation efforts will have many options to choose. More competition means fewer chances at any one person getting rewarded. The opportunity cost has the potential to be amazing, however. What goes viral, if you really research, will lead to something you don't understand.
This is an example of a post that packed so much value I felt the need to upvote it.
@greencross https://steemit.com/photo/@greencross/eight-months-of-dusk-photography-the-dusk-of-steem-upupfdzr
We will all miss "valuable" content, what the new PoB offers, IMO, is the potential for content to skyrocket in value via the free market choosing what the wisdom of the crowd maybe.
Thumbnail source: https://steemit.com/steem/@greer184/taking-a-deeper-look-at-proof-of-brain
▶️ 3Speak
Firstly, thanks for the mention and support, it is always appreciated.
I agree that PoB is going to be a brilliant mechanism and as the diversity of interest and tokens spread, it becomes increasingly precise as those with experience and search for what they enjoy the most.
While this last HF (and 22) focused on the economics, the really exciting one is going to be with communities, SMTs and delegation pools as they are all about building user experience for consumer and contributor, engagement and sensitive earning. The potential to become very dynamic quickly is high.
A lot in store for the community and good times ahead.
This hardfork stopped the bleeding and put fresh cement over the holes. The next HF will be to bring in the “masses”. Light accounts, SMTs, RV delegation all accomplish easier on boarding. Communities will be rolled out gradually, and by this time next year we won’t even recognize this place. Cheers for the questions.
Posted using Partiko iOS
@theycallmedan, I have Open Mind towards all content and explore different subjects because i try to find the value in all because all have something valuable to contribute. But most importantly i explore Creativity Niche because it refreshes our Thought Process.
Steem is a space which will inspire many because it's appreciating the little or bigger efforts and giving them a space where they are getting opportunity to merge with like minded individuals and circles and most importantly efforts are rewarded which is lacking in this world. Stay blessed brother.
Hey Dan,
thanks for sharing. Steem is one of the most underrated cryptos out there! I am promoting Steem everyday on my Youtube channel and believe Steem has a tremendous potential...
Cheers
Dennis
You are doing great work Dennis, esp for the German community, cheers!
Posted using Partiko iOS
I think SMT's are the true value in this new fork. People will always find ways to game the system and tilt things in their favor, but creating different niche communities that can all use steem as the basic chain has immense possibility for mass adoption. Not everyone is into writing blogs, but with mass tokenization model everyone can find something they are interested in on this blockchain, contribute and be rewarded
Happening already through SCOTs. Will be interesting when SMTs launch and then there's two different protocol standards for STEEM-based tokens.
I’m still shocked that the crypto world doesn’t know that Steem has so many functions. Most still think it’s just steemit (a blogging site)! 🤦🏼♂️😎
Posted using Partiko iOS
People don't even know about game-changing Steem projects like Steem-Engine and Steem Keychain. Will be interesting to see what happens as they find out.
I love Steem Keychain & Steem-Engine. 😀👏
I was also a top writer on Quora and completely agree on the sentiment.
People think they can just show up and post a lot of content, or that they can transfer over their entire audience from a different platform.
Half of the work is making the content. The other half is marketing it.
Meanwhile, the bigs are actually tagging with "sh%tpost" and getting upvoted by their friends to sky high values.
https://steempeak.com/steem/@nathen007/how-to-make-money-post-hf21-lots-of-fine-examples-spoiler-alert-post-about-steem
I'm still posting my 40+ posts a week on three blogs, 300+ comments a week and reviewing dApps, posting minnow tips and the like. As long as I can do it, I will do it.
A few people have reached out to help me and hopefully more will. I have a lot more autovoters, but of course, way less rewards because of the non-linear thingy. Fun times in the bottom of the lake.
Yeah that's unfortunate, but at least it is an issue that plagues every social media, not just Steem. That means that Steem isn't necessarily doomed to fail.
But... you’re complaining assuming that you ‘deserve’ something for all your effort, claiming that this HF is ‘just’ unfair.
You generated ~6750 STEEM power in your lifetime here. From that amount you ‘only’ hold a mere 10% (or ~750 SP).
It’s not enough?
I mean, you’re generating a lot of value... but I won’t upvote you (and I did in the past) if that Steem is just going to be sold.
Hope you get my point.
Have a nice day.
Posted using Partiko iOS
Where are you seeing that? I am doing no such thing and have never said that. I have open posts right now telling small fish we need to adapt to the new paradigm and wait for the dust to settle, and keep on our paths.
But I can FOR SURE tell you that never once in two years have I ever posted to the pooppost tag. Much less expect to see a whooping payout. Take a look at that post I linked and see if you would like to vote those posts for the good of STEEM.
I definitely made mistakes when the steem price was so high. It was not until July 2018 that I realized the need to hold sp. I am 60 and only my only experience with crypto is STEEM. I have learned many things the hard way and try to help others avoid my mistakes.
So in July last year, I realized I needed to grow sp and since then have gone from about 450 sp on two blogs. Now I own over 1300 sp on three blogs. I work each week to grow sp while still being able to eat. I also lease (and have people giving me sp) to get to a total of 4200 sp. This is to help other small fish and I grow that monthly too.
I'm working 18 hours a day here for at least 28 days of each month. I am disabled with no family living a cheap life in the third world to make this work. What would you suggest I do to survive?
As you say, @thecryptolink
So now what???
One day it will be way back up there, when all the alts run so will STEEM! Look at XRP, it is way down too, PRICE is not necessarily only STEEM related, just alt market & btc dominance related.
As for me I see the potential of Steem to be a part of the future for tomorrow at the highest peak for great investment and awesome investors to get involved quickly
Posted using Partiko Android