#steem

How to make Steem and Steemit great again!

Doc@jrcornel (82)2662d

I think we could give steem real fundamental value and it wouldn't require getting steem on some shady exchanges to do it!

What if we could get popular bloggers and influencers to come to steemit.com or dtube and actually stay here?

We have had our fair share of internet celebrities kick the tires on steem and steemit only to leave shortly after...

Now why is that?

Well, in most cases it is due to the quality of content having no bearing on its rewards.

That's fine, I mean with the current setup, it is how it is. Steemit.com basically is a UBI platform.

The more stake you have the more UBI you get (and yes I know UBI is not technically the correct term here, but I am going to stick with it anyways).

Well, that setup has discouraged those with large followings to make steemit.com (or dtube) a permanent home.

I mean who wants to see a whale's cat picture make 100x more than my amazing viral video that had 20 million hits on youtube?

(Source: https://steemit.com/steemit/@lifewithcrypto/make-steem-great-again-steemit-community-unite)

Ok, so how do we fix that without turning everything on its head?

I think if steemit.com would implement ad revenue sharing and/or allow individual blogs to sell ad space that would go a long ways in attracting influencers and keeping them here.

Then votes in steem would simply be like tips on top of what they are earning based on views and traffic.

Now we suddenly have an incentive for influencers to show up, produce great content that drives more viewers, while also earning a fairer income for their work.

And steem votes just become gravy at that point.

It might be a slow start at first getting this implemented, but I think if steemit,inc or some other well financed individual were to pay a couple influencers to get setup here and help drive traffic, and then we implement ad revenue sharing, I think this place could absolutely take off.

People want to leave youtube and some of these other platforms, but they need comparable income if they are going to do it, and upvotes alone on steemit.com have proven inadequate and likely won't be adequate even with communities and SMTs when they eventually launch.

I understand that we may have to wait until there are scaling solutions in place before we can go this route, but I sincerely hope this is on the roadmap for steemit.com as it could literally change everything.

Anyways, let me know your thoughts in the comment section below.

Stay informed my friends.

-Doc

Comments · 22

@corndog54(53)· 2661d
I need a MSGA hat 🧢
@newageinv(74)· 2661d
This is quite possible as the SMTs alone could attract many of those influencers that have a entrepreneurial mindset to help them through networking and engaging with followers which could also drive them here to the ecosystem.
@arcange(79)· 2662d
Congratulations @jrcornel! Your post was mentioned in the Steem Hit Parade in the following category:
- Comments - Ranked 10 with 45 comments
@davedickeyyall(79)· 2662d
You can add a ad to your post using @dclick already

In fact here is a post I put up 6 days ago with a ad on the bottom of..

https://steemit.com/steemsilvergold/@davedickeyyall/groundscore-1557165903792

So far I've made .05 off ad clicks..
@chekohler(76)· 2662d
I agree with the idea and I have given this a lot of thought even wrote a post about it a while back. Being a marketer with publisher experience I know this won't be an easy road/fix but it can be done.

Just thinking about how to track users/(who opt in) to view ads, plus matching contextual ads with users, + allowing users to sell direct ads, + being able to exclude certain network ads, + being able to have user numbers with context to sell to advertisers is going to be a a monumental project.

It will surely make steem more attractive, advertisers will also have to hold and buy to continue advertising hence raise the price. they will also need a presence and reward interaction from users and can create a much more personalised connection which is what we will be moving to as traditional sites start to squeeze influencers and brands reach.

The idea has merit but what I'm afraid of is that the execution is poor. I'd love to be part of a project like this it could be a game changer
@masterthematrix(61)· 2662d
Good idea but what happens if it actually works and the price of Steem goes back up to 10 dollars? Than the income thru votes will become dramatic more valuable and reduce the impact of advertising. The second thing is that advertisement is not the fundamental unique function of Steemit and the Blockchain Steem. It would seem to me more like they can't run Steemit.com properly and now they need advertisement as a second incentive. I'm much more in favor of Steemit.com gets de-coupled from the Steem reward pool and will become its own SMT Token when SMT project is ready. If we could achieve the reorganize the reward pool for all dapps and projects on Steem than Steemit.com would be just one Dapp of many others. And users could freely choose on which dapps and communities they want to participate. The reward pool should be distributed to SP holders, Witnesses and Steem Blockchain and Dapp Development.
@aggroed(80)· 2662d
Might want to keep an eye on Scot.. custom site will have some nice ad options.
@geekpowered(70)· 2662d
Yeah...the whole ads thing with sharing revenue was the plan with people suggesting it to Steemit...at least when a few suggested it. Hopefully they're working on better implementation of their ads and implement some form of revenue sharing as well.
@niallon11(77)· 2662d
There are a group on STEEM that have built a free speech streaming platform. It is new but will be uncensored and available for people that have been forced off of other platforms. They are going to head hunt a few of them and try to get some publicity and people. https://3speak.online/
@edicted(83)· 2662d
This is in the same vein as simply giving the content creators more control of their property. Another idea I've had on this front is optional curation on a sliding scale.

If anyone can choose the curation for their content (0%-100%) it will make this place much more interesting. On top of that, Resteems are super important for getting more views. A referral code could be given to resteemers and users who click their resteem are tracked to them. This would allow us to start curating (distribute visibility) in more ways then one.

At it's core, curation is sharing income in exchange for visibility and we could be doing it a whole lot better.
@sayedahmadsabiq(45)· 2662d
very good ! thank you
@onthewayout(62)· 2662d
I would go one step further (or two):
- Set aside a large amount of steem power to upvote content creators that bring new users with the caveat that the new accounts need to be bought. Whoever brings new users get larger votes.
- Condition the content creators to keep their vested steem powered up.
I actually wrote a post about that:

https://steempeak.com/steem/@onthewayout/how-to-create-demand-for-steem-using-social-influencers
@opeyemioguns(71)· 2662d
HOW i wish ned, dan and other shareholders read this too
@mantishands(59)· 2662d
yes, Yes, YES!!!
@abdulmanan(67)· 2662d
Resteemed so it could reach to the @ned and other team members of steemit ;) amazing idea.
@jacuzzi(75)· 2662d
That was just thinking about something like that the other day. This Platform needs to generate more revenue for itself through outside influences and having advertisers use it would be great.

I could imagine that the individual Steen bloggers could not have ads on their page if They wanted to or if they did not want it, it wound not be.

Posted using Partiko Android
@tarazkp(86)· 2662d
@nonameslefttouse floated this a few times over the last 1.5 years
@riseofth(62)· 2662d
Great Idea! I want to add few more points.

First of all, Steem's inflation should be deceased for rewarding the content creators. Current inflation is not keeping up with low demand. If Steem did not have relative high inflation, it would easily sit at top 30 in CMC.

Steem's Inflation should go to protocol developments, witness compensation and PoS interest (2-3% vs current 8.5%). Rewarding content creators should be done with SMTs. STINC can launch their own SMT and share profit from ads with celebrity creators by SMTs.

Steem Investors can earn TOKENs through RC/SP delegations. @steemhunt is already showing a good example. Creators and DApps will figure out optimum synergy with a token.

All the front-end DApps can try their own SMTs with different distribution technique. Finding a sweet algorithms to rewarding the best content is more than rocket science. A former founder, @dan thinks that he can fix it, I totally disagree.

DApps with SMTs can try different algos. @steemhunt, @actifit, @dlike and others are already experimenting. Steem's inflation and broken rewarding is helping its price.
@chesatochi(73)· 2662d
Influencers will not make the same level of income here without invest they own money...

Posted using Partiko Android
@joshman(74)· 2662d
I have an alt account called @steempatron attempting to address this very thing. I'm identifying accounts on STEEM with large followings outside on traditional social media and trying to keep them rewarded/engaged. I am also attempting outreach on personalities who have been on here previously and left or not at all.
@zarlon(39)· 2662d
Keep up the good fight!
@meesterboom(81)· 2662d
This is the best idea I have heard in ages. Seriously, it's simple and I think it would work