#busy

An Open Letter To @elipowell

[Source](https://steemit.com/introduceyourself/@elipowell/meet-steemit-inc-s-new-managing-director)

I decided to write this as an open letter since I couldn't find Eli's email address listed anywhere. It is a step that I think she and the Steemit Inc team should consider.

Hello Eli:

I wanted to take this opportunity to give you commendation for the work you put in since you took over the day-to-day operations of Steemit Inc. The progress is operating on a much different level in spite of the reduction in staff and for that all of you should be proud.

In spite of that, there is something that I wanted to address with you.

I spent much of the last 30 years in sales and marketing. Over that time, as you well know, you view things from a different perspective.

That said, I will cut right to the chase: you still have a major image problem with the Steem community.

The trust is not there in spite of the efforts you took the last 6 months. Many feel that the organization is out for itself above all else. The stake that the company is holding is viewed as a hindrance to growth making the platform too centralized.

I realize the solution to trust is time and continued effort. Steemit Inc burnt a lot of bridges over the past 3 years, a situation you inherited.

Over the past couple years, the company did try to do some good with the stake it has. In addition to delegating to new accounts, it tried to support the community by providing large blocks of SP to some applications. As exemplified with the situation with Dlive, the results were mixed.

What I am proposing is taking this initiative one step further while also improving the image of Steemit Inc in the eyes of the community.

I can put together 30-40 Dolphins who are active and committed. From them, I am certain they can each provide a list of 25-35 names of Minnows and Planktons who are dedicated to Steem while doing their best to grow.

The idea is to pull together 1,000 of our most active smaller accounts. These are the ones we initially support.

For a period of 90 days, these 1,000 accounts are delegated 5,000 SP by Steemit Inc. This is effectively added 1,000 Dolphins to the platform overnight, at least in terms of voting power.

These accounts can use the delegation to grow over that period. After the quarter end, there are a few options.

First, we could simply renew it. Leave the delegation where it is and those accounts get to use it for a longer period of time.

The second is Steemit Inc can expand the program. Stake is something the company has and putting more of it to use can only enhance the entire ecosystem. Many of us have more than 50% of our SP delegated, there is no reason that Steemit Inc cannot do the same. Thus, we could add another 1,000 names to the list.

It is time for Steemit Inc to show a true concern for the future of this platform above and beyond the coding and future updates to Steemit.com. That is valuable to the community yet still a bit self serving in the eyes of many.

Is there any better way to show concern for the community than by supporting the smallest of the dedicated pool of users?

Since the organization was able to leave survival mode, the need to unload so much SP each month to cover expenses is dwindling. Thus, it is the ideal time to start an initiative like this.

Here are the advantages as I see them:

The reward pool is severely altered with a great deal of VP placed in the hands of 1,000 smaller accounts. This should help distribution since the smaller accounts tend to flock together and now there are some larger stakes supporting them.
Steemit Inc is adhering to the proverbial "putting its money where its mouth is" by actually placing the money in the hands of those who need it. This shows the concern for the community that is always discussed.
Steemit Inc cannot be accused of playing favorites since it is a community initiative put together by active Dolphins (who tend to interact with the Minnows and Planktons.
Very little work required from Steemit Inc. Simply power up and enter the list of names in the delegation bot. With so much on your plate, the last thing needed is taking valuable personnel off ongoing projects to start something new.

The other aspect to all of this is the fact that word will spread. If the project is expanding each quarter while the ones receiving the delegation are being rotated, others are going to work hard to get on the list. This means activity will increase with people trying to get noticed. One will not receive the 5,000 delegation by spamming "nice post" comments or putting up a links to YouTube videos as posts.

Simply put, this idea can exceed the 1,000 accounts in terms of impact. We could see a ratio of 10 to 1 meaning 10,000 accounts see results. For a platform with only 40,000 daily transacting accounts, that is a significant percentage.

At this point, I feel it is time for the largest stake holder to get involved with the daily support of the smallest stakeholders to help them move forward.

This is a program that I believe will help to achieve that end.

It also will change the perception of the company in the eyes of thousands of Steemians.

Thank you for your time.

Sincerely,

@taskmaster4450 Discord taskmaster4450 #9768

If you found this article informative, please give an upvote and resteem.

Comments · 36

@arcange(79)· 2609d
Congratulations @taskmaster4450! Your post was mentioned in the Steem Hit Parade in the following category:
- Comments - Ranked 3 with 102 comments
@shitbot(57)· 2610d

You have been rewarded with some SHIT! Take a trip to the bathroom to stake and manage your worthless tokens.
@ats-david(75)· 2610d

For a period of 90 days, these 1,000 accounts are delegated 5,000 SP by Steemit Inc.

Of all the stupid “proposals” we’ve seen lately, I have to say that this one reflects the most naïvety and obliviousness from a user who pretends to be tuned into Steem and its community.

That this idea actually made it out of your head and into a publicly viewed blog post is truly astonishing. To even call this an “idea” makes an absolute mockery of thought itself.

There is so much wrong about this proposed buffoonery that I almost don’t even want to reply, but since you’re being rewarded $26 for this at the moment, I’ll at least point out some of the obvious shit you conveniently ignored or never even considered...which is actually pretty typical.

First of all - STINC’s ninja-mined stake was never supposed to be used for voting. The only reason it has been used for those purposes was due to delegation protocols and Ned creating the misterdelegation account and moving SP to it for delegations, which went back on STINC’s word.

Secondly - due to the delegation protocols, every single user who bought, powered up, and/or held SP in order to gain more influence on Steem has been diluted to the tune of about 40 million SP...about 20 million of which has come from STINC. This was previously non-voting stake and stake that was seldom used prior to HF18. This influx of voting influence has driven down the value of holding SP for rewards allocation and (very likely) largely contributes to the lack of investment and remaining powered up.

Thirdly - your “idea,” as others have already pointed out, simply puts new “good actors” into a position of picking and choosing winners and losers that will or will not receive STINC’s official support and the downstream votes, once again skewing what is actually “quality” or “popular” content and adding to the already enormous negative perceptions of Steem.

Fourthly - we have already witnessed (many, many times over) what users mostly do with free handouts and free increases of influence. To increase not only the total number of SP, but the total number of accounts receiving these free handouts to the tune of 1000 users, is a nightmare for anyone wanting to monitor how that influence is being used. And to assume that most of these “little guys,” who have no money of their own and seemingly would not be users who have been buying and powering up, would not be dumping a large percentage of their “free STEEM” is just absurdly ignorant. (To even entertain the notion that there are 1000 human and “worthy” candidates is equally ridiculous.)

And finally - the fact that all of the above would very likely negatively impact both the demand for STEEM (sales) and the overall perception of current users/investors and future users/investors (marketing), I find it very hard to believe that you...

spent much of the last 30 years in sales and marketing.

Working in a building where selling and marketing took place does not mean you were in sales and marketing. Every company like that needs receptionists, errand boys, janitors, etc.

So, Eli Powell (and I’ll actually mention you @elipowell), if you happen to read this post and the comments (I would skip it altogether and save yourself some valuable life minutes)...

Please gouge your eyes out and go on a week-long bender until you forget this ever being posted. Any other reaction would be irrational. And I speak with some authority on this because I spent much of the last 30 years in logic and debate clubs.

FFS...New Old Steem apparently still sucks. Can we change this, please?
@skramatters(67)· 2610d
Reading these comments makes me feel, and choose to decide to remove myself from the conversation. Still interested to hear what the managing director will say.

She gonna have to "nip it in the bud" as they say where I was raised up..

Posted using Partiko Android
@por500bolos(68)· 2610d
I come to like this proposal big time like a worthy experiment to try.

I just wonder; ¿Why the hell nobody has said so far that the current stagnation of the platform and the current lousy value of Steem in the markets It is precisely because of the behavior of the whales and no one else?

Nooo, nooo, it's just because authors, content creators & 'weaker steem users' are already earning too much. (as the care'tabla of prameshtagi said above)

¡Holy crap! these chaps are so cross-eyed that when they bleat & cry their tears run down by their backs.
@drumoperator(67)· 2610d
I cannot more emphatically support this proposal, in totality. I am testament to the power of Steemit Inc's stake keeping people in the "euphoric" state of MAKING CONTENT --> MAKING CRYPTO --> BUILDING A COMMUNITY that Steemit circa early 2018 was breathing fire with. @DSound had a healthy delegation from Sreemit that @prc assembled a legitimately motivated team to curate 24/7. An entire community of people sprung up around this single large, curated upvote, and becoming a regular recipient of it felt like a rite of passage ... first and foremost socially and (admittedly) economically. The removal of the delegation with zero warning was such a PR fail. 1m SP costs next to nothing to delegate and was, without question, some of the best money Steemit Inc -didn't- have to spend.

Interestingly enough, in the months since losing the delegation, many if not most of the regulars stayed onboard and continue to post content. Many of us delegated to the master account to continue to communal spirit. If anything like @taskmaster4450 's excellent proposal goes through, I can't stress enough that in the "real world" of actually using this platform ... generous and aggressively / passionately curated large upvotes from the major DAPPs, powered by judicious use of Steemit INC's stake is a really, REALLY good way to get a whole bunch of content creators motivated to check out this whole Steem thing.

In an overwhelming environment, these big upvotes from the platforms themselves is a dot on the map to aim for.
@steem-ua(64)· 2610d
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@freebornangel(72)· 2610d
The best thing they can do with all that stake is let it go idle, use it for bounties, burn it, or anything other than pick more 'winners' with it. Those golden boys and girls cash out. This harms those that don't. It also harms those not invited to the 'friendly' reindeer games. The pool is a commons. Do you really want stinc to continue picking 'winners', all while reducing the shares of everybody else? Hasn't that driven off enough users?
@gandhibaba(75)· 2610d
As selfless as this proposal may seem, its disastrous consequences outweighs its benefits. Delegating 5k SP to 1k accounts simply means that Steemit Inc will have to delegate 5m SP in total.

Over a period of 3 months, 5m SP will generate thousands of free Steem that many beneficiaries will throw at the exchanges, crumbling the price of Steem in the long run.

Also, those who get the 5k SP will no longer see the need to buy Steem. So, with more people earning Steem with less number of buyers, Steem is doomed economically.

In as much as I would love the delegation, the economic impact it will have on Steem will be catastrophic.

If this proposal is implemented, I will sell all my stake in Steem to avoid the apocalypse.

Going forward, let users pay for their SP and delegation. They won't die. And that will grow Steem and add value to Steem.
@partiko(66)· 2610d
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
@pastrane(52)· 2610d
Maybe steemit inc. is already thinking of this, but instead of a delegation , it is gonna be an airdrop with smt's (called good minnows token)
@zammie(60)· 2610d
Everyday, every single day (even on Sundays) the STEEM blockchain shines with awesome ideas and intelligent people. I love sharing ideas in the #newsteem
@pandaparker(59)· 2610d
They can use the palnet and steemleo claimdrop and airdrop lists as a starting point.
@mattclarke(71)· 2610d
Steemit INC is giving minnows plenty of opportunity to get involved. 26,000 chances a day, 800,000 chances a month.
@prameshtyagi(71)· 2610d
We need to reduce supply of steem to weaker hands. So such proposal must be linked in such a way that any rewards earned from such delegation must be locked for one-two years. else it will put huge pressure on steem price as easy rewards earners will head to exchange to sell them.
@valued-customer(75)· 2610d
I completely agree that modest 5k delegations would enable dramatic increases in retention, distribution, and general improvements socially. I don't think whales want to do those things, which is why they don't do them. As you are keenly aware, stake is highly concentrated on Steem, and profiteers use their stake to extract the vast majority of rewards.

Increasing distribution is reducing whale ROI, it's just using different words. While there has been a gradual reduction in concentration of stake over time, due to whale selling, delegation would impact their ROI significantly and not provide them compensatory USD (or their preferred token/fiat). The market Stinc serves is not redfish, who have but little economic power, but whales who have almost all of Steem extant. Financially harming the whales will not prove economically beneficial to Stinc, and anyone that has pissed off the market for their product, whether as an employee or business owner, knows exactly what happens as a result.

One is soon looking for another market to serve.

The reason this would be a very beneficial thing to do for Steem is exactly why it's a bad thing for whales, and they are the deciders.
@tonygreene113(64)· 2610d
Another marvelous idea for thr expansion, growth, and possibly mainstreaming of STEEM....

Posted using Partiko Android
@cmplxty(78)· 2610d
I think STInc could do a lot to repair ties with the community to use its flipping voting power to help people out. 50 random votes of 5% per day would really help people and show that they care about the people who are here.

Posted using Partiko iOS
@summertooth(74)· 2610d
Look at her holding that #steemsilverround! Beautiful job #steemsilvergold! I fully support this idea @taskmaster4450 and would not mind the drama that would accompany it. I believe 100% that this would do more good than harm.
@joythewanderer(81)· 2610d
What you proposed might be helpful in terms of redistribute the ninja-mine steem.

But firstly, I think 5000k isn't really enough even though it can make a dolphin, then again, as Acid mentioned, @ned once did an experiment by delegation large amount of SP to individuals, which apparently didn't work out either.

Secondly, delegation to dapps was at the first place probably wrong, why should investors invest in SP, individual investors' votes worth too little compared to the 1 or 2 million SP dapps got.
@mexbit(61)· 2610d
Great idea! You are really the best! 👍😉
@plemmons(51)· 2610d
I did, so I will upvote and resteem. I have not been nearly as active since everything went south sometime back. I apprectiate your efforts. Si will comment as well.

Posted using Partiko Android
@sisygoboom(65)· 2610d
I'd be pretty pissed off if I'd spent 2 years working for and buying + powering up steem only to have a bunch of random accounts jump past me like that.

Then there's the fact that there would definitely be many that just sell their earnings and use steem as a faucet, pushing the price of steem down even further, especially if they're not adding value to the platform in my eyes. And in my eyes, the only things that add real value to the platform are development and onboarding/retention.

Proof of stake, not proof of receiving freebies.
@lucylin(72)· 2610d
From a marketing perspective - Imagine one designed by people not of the same psychological mindset as the 96% of the population....( 94% is being optimistic).

1/Get product recognition through promotion of a social media platform. 2/ Increase value through product recognition, to extract maximum value. 3/ The end. Move on to another project.

I'm not saying it's true, but I am saying that 4% of personality types that make up a certain part of human society, are the ones that dictate from the top. (or spend their time trying to gain power to exert on others).

They are the the manipulators of the 96%.

https://steemit.com/blog/@lucylin/tricks-of-hypnotism-my-attempt-at-a-featured-post
@nathen007(73)· 2610d
Just brilliant! The additional benefits will come with the psychological response. People will for the most part, then feel responsibility and thus act in a more community minded manner with their stake and use it accordingly, so paying it forward. This will then grow the rewards for more people and promote better behaviour.

Win win.

Top idea Tasky :-)
@ironshield(76)· 2610d
Oh wow, this would supercharge steemit.com and restore considerable faith in Steemit, inc. I hope she responds and is able to make this happen. Excellent idea.

Posted using Partiko Android
@j85063(70)· 2610d
This idea or something very similar would most likely be an awesome thing to implement.

Posted using Partiko Android
@whatsup(76)· 2610d
I suggested something like this once too. Spread out the stake for distribution.

It also weakens the bidbots who will not clean up and provides some great balance to the rewards system.
@nealmcspadden(74)· 2610d
I'm going to play devil's advocate here for a moment.

How does delegating more SP to minnows help the price of STEEM? Chances are they are going to cash out their rewards the same as stinc would be doing.

Yes, it might increase participation, but only in order to increase their rewards.
@camzy(67)· 2610d
Nice suggestions you got here, i hope she replies anytime soon Totally love the idea of the delegation, at least it's a great step of bringing back the community the bots took from us and equally help newbies grow
@jarvie(75)· 2610d

"I can put together 30-40 Dolphins who are active and committed. From them, I am certain they can each provide a list of 25-35 names of Minnows and Planktons who are dedicated to Steem while doing their best to grow."

I imagine someone stumbling onto Steem and reading this and being just so completely confuse... they have dolphins?? What?? I'm not sure what's wrong with "Medium Level Accounts" haha
@acidyo(85)· 2610d
As much as I'd like to help distribution on the platform as you probably know by now with my efforts, I don't believe this is something that will be fair. There was a lot of drama from investors last time steemit decided to delegate to dapps which in turn rewarded accounts all over the platform and helped distribution for those that stayed powered up. The investors were promised the stake would not be used to affect the reward pool yet it was because let's face it, no one else would've stepped up to delegate to these projects when there was way more roi to be made by delegating to bid bots. On the other hand many investors also feel that even though it helped some dapps get started and going much of the stake was used poorly either way, for example dapps curating just for curations sake or as you so mentioned Dlive being malicious with their intent.

If Steemit were to again go against that promise I think they should work on a much better way to apply for delegations and the community to make sure it is being used in everyone's best interest. Just giving users 5k sp will mean there will be a lot less interest of those 10k users to buy Steem, jealousy and drama would occur and on top of that it's 10k accounts you have to monitor and check they aren't sockpuppeting and self-voting, etc, which already with only 5 people when @ned was giving out delegations became a big dramafest.

Other than that they should check that dapps and projects applying for these delegations have plans in mind that they'll become self-sustainable ASAP without the delegations, make the projects and communities increase the activity of our users, not free delegations.

Having said that I fully expect to get a lot of hate for this opinion. xD
@steemstreems(62)· 2610d
Interesting idea. It would also be interesting if they delegated a small (for them) amount to random different user each day. Or maybe have delegations for referrals of new members (that meet certain activity requirements)
@skramatters(67)· 2610d
This might possibly be the greatest thing I've ever seen on steem! I am hoping she will address this proposal on her new weekly show, which I believe is set for Wednesday evening in the states, though I'm not positive about that.

Especially, with the 50/50 split coming this will almost certainly create a vibrant muddle class heading into 2020. In fact I believe we should call this amazing idea "vision 2020" !

Imagine if you will a mobile friendly front end that allows non account holders to interact on the chain. What better marketing is there than a test drive and seeing first hand what FOMO is all about as they witness a founding entity and community so invested in growing new or small accounts..

Mic drop 🎤 👇

Posted using Partiko Android
@jongolson(82)· 2610d
love it. nothing would fire up this entire blockchain more than seeing huge support from the top.

a win-win across so many levels. the smaller accounts would feel appreciated and supported. and the blockchain’s rep increases overnight. great idea man.

Posted using Partiko iOS
@forexbrokr(75)· 2610d
Brilliant idea. Would love to see this at least acknowledged by Steemit.

Posted using Partiko iOS

Comments · 36

Hi @taskmaster4450!

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