We need the Earn Interest Tab or Earn Money Tab on Steemit! So potential users can easier and faster Understand this great Advantage, Differenciator from Steemit, towards the other old school centralized social media platforms

in #utopian-io7 years ago (edited)

Hi Steemians and Utopians,

In continuation with my thoughts on making Steemit a better place, and making it shine and show its real differentiators, today I came up with the idea of implementing an "Interest Earning" tab.

If we have been here for a few months or more on steemit, we have been learning several things about the platform, and we should definitely know some of its differentiators from old school social media platforms like facebook or twitter. The one of today's idea (The possibility for steemit users to earn interest), is a big differentiator.

Earn Tab Steemit - Steem.png

So, why not showing this on Steemit directly, so the world knows this, and when the mainstream media captures a screenshot, this aspect is also seen, from the beginning. People will think: "So, here on Steemit, we can earn interest for investing? Or we can earn interest with the funds we earn from rewards by posting, commenting and curating"? This will make people think more about it.

There is something important we steemians and utopians need to have clear. For us, many features of steemit and steem are for default, but if we go back to our first days here, we knew nothing. We came here to try it out without knowing how it would work. This same situation is how new potential users suffer, so know that we have tried so many features here, lets make it easier for the new ones, so they understand everything easier with the interface, and this will make a butterfly effect, bring tons of new people to the platform and to learn steem, and for sure, many of this people will be important investors too.

If we are able to add some of this key differentiators to the platform as the "Interest Earning" tab, we'll definitely get the attention of more people, faster. Even important sites will detect this and write a review about the site, and this can expand the visibility too.

Imagine for 1 second jerrybanfield doing an ad video or post of the ones he knows how to reach millions of people, and showing them the steemit interface with this "Interest Earning tab", and a voter power bar (see more on the power bar idea in a past post: https://steemit.com/utopian-io/@gold84/we-need-the-voting-power-bar-on-steemit-so-users-can-easily-check-how-much-there-vote-will-be-this-feature-will-also-show-this). This will definitely capture the attention of investors or other people it has not yet.

So, focusing on it, here is a screenshot of its placement. It can be done as a Tab, right next to wallet, or it can be as a Button, somewere at the top.

Earn Tab Steemit - Steem.png

The main idea is that people can see this is something that can be done on the platform without the need to be on steemit, and without the need of researching as we did for days, weeks, months.

On the tab, it can show you the different ways (They would be different pages to earn interest):

Earn Tab Steemit - Explanation - Steem - Bitcoin Altcoins.png

3 Ways to earn interest and an fourth way to earn money

1- By just holding steempower.
lukestokes made a great post on how to earn interest just by holding steempower. If you hold steem instead of SP, your money is being diluted because you loose the possibility to earn the SP interest. To learn more on this you may check lukestokes post. https://steemit.com/steemit/@lukestokes/do-you-know-your-steem-power-interest-rate

In this tab link, users can be taken to a page were they are explained how to power up, in order to start earning interest and also tell them how they will be using the steempower, with their votes. This can be explained with both: text and video.

2- By renting SP to minnowbooster you can earn upto 24% anually interest.
jerrybanfield explains this very well on one of his series post: https://steemit.com/steemsecrets/@jerrybanfield/earn-24-renting-steem-power-with-minnowbooster-8

Here users may click on this link, and they may go to a page were they are explained both, how to rent their steempower, and start receiving daily payments, and also how to get their delegation back. This helps them understand all the cycle, and be more confortable with what they are doing.

3- By using the sbbank , you can earn interest on SBD
"sbbank" launched this not so long ago with its owners and operators: Bulleth, Scaredycatguide and techblogger
https://steemit.com/steem/@sbbank/introducing-sbbank-earn-interest-on-your-steem-dollars-with-sbd-term-deposits

On this one, users may click on the link and they will get to a page, were they are explained how to earn interest with this new feature.

Yes, I know, some of this earning options are in test time. This tabs can be changed from time to time, and within inside it link it can be explained that this features use the steem blockchain however, they are independent projects from the community, so people know this.

4- Earn money by selling your vote to "minnowbooster"

minnowbooster explains this very well in a recent post. https://steemit.com/minnowbooster/@minnowbooster/minnowbooster-sell-your-vote-to-mb-for-sbd-upvote-bot-market-ubm-revealed

On this one, users may click on the link and they will get to a page, were they are explained how to earn money by selling your vote. This specially works for investors that may not have enough time to use the platform to often.

"atomrigs" wrote about a proposal for the steem power rental market. I think it is a quality post to learn more about it. https://steemit.com/steemit/@atomrigs/proposal-steem-power-rental-market

"deeprocks" even created a calculator to know the about of steempower that can be earned. Not sure if the earnings continue this way, but thought it would be a great feature to check out. And perhaps it can be adapted if needed to the current interest algorithm: https://steemit.com/steem/@deeprocks/steem-power-interest-calculator

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Hope this idea is interesting for you as it is for me. And as always, your suggestions, thoughts, comments are welcome, to enrich the idea, and even get new ideas to make steem and steemit a better place every day.

What are your thoughts on this steemians/utopians?

Regards,
@gold84

--
Here are 3 other ideas I explained to enhance the platform even more:

1- We need an Invite a Friend Button on Steemit! Together with its Infrastructure. This will accelerate the growth of the STEEM community and Mass Adoption for Cryptocurrency, converting Steemit the driver of it!
https://steemit.com/steemit/@gold84/we-need-an-invite-a-friend-button-on-steemit-together-with-its-infrastructure-this-will-accelerate-the-growth-of-the-steem

2- We need a Mentions Tab function on Steemit! With Realtime Notications. To Communicate each other faster & easier, to help things get going faster for the STEEM community, to achieve Mass Adoption for Cryptocurrency, making Steemit the power driver!
https://steemit.com/steemit/@gold84/we-need-a-mentions-tab-function-on-steemit-with-realtime-notications-to-communicate-each-other-faster-and-easier-to-help-things

3- We need the Voting Power Bar on Steemit! So users can easily check how much their vote will be. This feature will also show this great Differenciator of Steemit towards the other old school centralized social media platforms
https://steemit.com/utopian-io/@gold84/we-need-the-voting-power-bar-on-steemit-so-users-can-easily-check-how-much-there-vote-will-be-this-feature-will-also-show-this

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Upvote, Resteem, and Comment, so we can all get the most of the benefits of cryptocurrency.



Posted on Utopian.io - Rewarding Open Source Contributors

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I really like what you’re doing and the work you’re putting into this. It’s highly commendable and it looks like you’re being, if not exactly ‘well rewarded’, at least rewarded for your efforts, and I would say deservingly so. I support all your ideas to one degree or another. The invite button might be a bit ahead of its time, the earn interest tab might be better as an interest earned tab, but the home page voting power bar and a mentions tab are without a doubt very interesting GUI ideas that are easily implemented. The front end is where you get the most bang for your buck with it comes to end users. No doubt about it! And there is so much that can be done to improve end user experience. Great to see you putting your knowledge to work here. I’m sure you’ll see things implemented.

@cryptographic thanks for reflection on all the ideas! Your comments on them are impressive, and I definitely think you are also doing a great contribution with your trading analysis and the research you are doing and sharing. I really appreciate all your support to my posts and ideas. @gold84

Hi @gold84 can you remove the mentions of names? you can insert the name but make sure not to mention names unnecessarily please edit the post and reply to this comment after.

You may edit your post here, as shown below:

You can contact us on Discord.
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@ruah I have replied and made fixes 1 day ago, I removed more mentions today. I was wondering if you could give me some feedback if something else is needed. Thanks in advance. @gold84

@ruah I removed all the mentions and Special Thanks part at the end of the post. Is there anywhere else you need mentions removed? If you check several of my past posts on steemit, I like to mention people for their contributions, it is my style of writing. However, I am always open to suggestions to improve. @gold84

@ruah thanks for your suggestion. Do you mean the mentions on the Special Thanks area? Please let me know, so I know the ones you are referring to. I think the mentions are worth because those people are the ones who motivated me to do this type of contributions. @gold84

This is a great idea, it gets people notice it more! :)

Agreed @stackin ! Thanks for commenting and your support. @gold84

Hey @gold84 I am @utopian-io. I have just upvoted you at 5% Power!

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Great idea and thank you @gold84 for sharing this post. The community appreciates you articulating your thoughts. God Bless.

Thank you for Using #promo-steem tag, Promote steemit by inviting your friends and your family!

Thank you for Using #promo-steem tag, Promote steemit by inviting your friends and your family!

Well a majority of those wont happen because they are not steemit products they are just products created by others. However the interest earned is super low on all of these and I feel you do better just holding an voting instead of investing.

This post has received gratitude of 15.90 % from @appreciator thanks to: @gold84.

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It consists of $4.27 vote and $0.17 curation
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