Calling ALL Creatives... Why are you using tools of the 20th century such as Facebook, Twitter, SnapChat and other social media services standing between you and your audience, when you can profit using blockchain technology?!? Right now, the media is highlighting data privacy issues. Another, more pressing issue that is not being talked about enough is how the economics of today’s social media landscape are so skewed and in favor of the platforms that the content creators who provide the real value receive unfair compensation.
Collectively, today artists are more business savvy than the artists of the past. However, many artists, whether in performance or fine arts and humanities, are still ignorant to the enormous potential of Blockchain technology and cryptocurrencies as a distribution platform; selling products directly to their fans. In fact, blockchain platforms like STEEM are the perfect tool for artists who want to build a community around their work. However, unlike traditional social media platforms, the artist will capture the lion’s share of the value they create.
Imagine the types of business models that artists can implement using platforms like STEEM. For example, on STEEM a music artist could give away their recording for free (just like they do on Instagram and Facebook). However, instead of the artist giving away his/her art as a lost leader, hoping to recoup the money on the backend (shows, merchandise, etc.), artists can get paid by upvotes from their community of followers. As you very well know, the upvotes are worth value in STEEM cryptocurrency which can be converted into dollars. Furthermore, on the Steem platform, artists can reward their fans with cryptocurrency (Steem) by upvoting their comments and posts.
There is a host of possibilities that cryptocurrency and blockchain technology can offer today’s artists, in terms of disruptive business models, marketing and direct communication with fans.
Steem, We Have a Problem...
Although there are enormous opportunities with Steem for creatives to disrupt, there is a problem that is and will continue to hamper the growth of Steem; That is the lack of scalability due to the login creation backlog. THIS IS UNACCEPTABLE Steemit Inc.! In order for a user to avoid the wait time, users are told to visit anon.steem.network to signup for an account, which at the time of this post costs 0.0025 BTC or 0.1 LTC, so including some transaction fees you could be paying as much as $25-$30 to create your account.
If we want to truly take this platform to the next level and really disrupt the current social media giants (FANG) then account confirmation must be priority for the dev team! As much as I love STEEM, it is an uphill battle trying to convince music artists to join STEEM when it is so difficult to bring their existing communities from the traditional social media platforms such as YouTube, Instagram and Facebook to STEEM. This is a challenge that affects ALL of us as STEEMians because this platform’s survival (and our wealth) is dependent upon the scaling of STEEM. If a crucial step to achieve “network effect” is blocked (slow login confirmation) then the risk of missing out on the enormous opportunity to disrupt Facebook and Google will elude STEEM and leave space for a new and better platform to fill the void.
You have been warned… Let’s not allow this opportunity pass us by.
Make sure to leave your comments and share your thoughts.
Great post! I was introduced to Steemit by a close friend who is a musician and a songwriter and she is doing very well for herself on here! Being a graphic designer, I hope to be part of the creative community and meet great people.
Thanks for sharing this outstanding topic @lionindayard....the issue of slow confirmation of emails and phone numbers of our prospectives steemians is getting out hand and rapt attention urgenty needed to tackle that.
The other day....few of my friend i introduce to the platform....sign in immediately but till now their confirmation status are still pending....they have been asking question....all i could tell them is to exercise patient.
If not for this confirmation problem many of my would have abandoned their facebook page as i did and join me here to better their lives, advertise their product...because in order to advertise in face to reach a larger audience in facebook , you must pay for post promotion.
I would like to point you to a great post by @themarkymark on a BIG issue on STEEM which is causing the long wait time...SPAM or FAKE accounts... Check out his post and upvote it. Also thank you for sharing your thoughts! https://steemit.com/steemit/@themarkymark/steemit-creates-accounts-for-scammers-and-nobody-else
Thanks @lionindayard i appreciate
Have gone through it...its a serious problem oooooh....real users cannot create even a single account within months while scammers can create 100 account within minutes....this is a call for alarm....urgent solution needed
Good read. It's time to shift the power of monetization to digital creatives!
Informative post.Much obliged for sharing it
Very good post on a subject right before our eyes.
I hope Steem continues to grow and that they solve the backlog issue.
This is so true.. It´s up to each of us to spread the voice. I created a second account and it was approved within a week... But I know what you mean, a while ago I tried and didn´t get a confirmation after a month or so... There is still a lot to improve, but our part is to talk our friends about Steemits and blockchain, and hopefully it will grow more and we all will get benefit from it :)
Great post
Thank you for the posting with helpful contents!!
I should introduce the Steemit to my friend's band.
By the way,
I am in the market to lease SteemPower.
Please let me know if you know anyone who has 1000 to 5000 SP to lease me at 20 to 25 SBD / 1,000SP per month. I Can pay it monthly in advance. Thank you.
@rtytf
amazing post
I love that you post
It's rare that people do anything creative.
BE DIFFERENT . . . It makes you stand out !
Why are you using tools of the 20th century such as Facebook, Twitter, SnapChat and other social media services standing between you and your audience, when you can profit using blockchain technology?
That's a good question.
But they are just invisible connection arteries, just like no man can stand alone.
But country will roll them up.
Oh how we shall miss them.
I don´t use this kind of media, just steemit! It´s the first time I`m blogging! Here it´s fun! I also think it is a bit complicated to join steemitcommunity! I got some help with it when I became a member!
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Boom!
Very good post. And so true but im finding as a crafter its not as easy as just showing what we create as it could be. Idk still learning and trying understand this platform is taking so much time lol. It takes me so much time just to create a piece of jewelry then have to make sure i post it all in the right places. Im finding that getting others to follow is lots of work for just empty votes? But im going to keep working on it as i can and have the extra time to spare. I havent found a way to sell on here but its ok for now im just happy to share and teach. Aloha again 🌺
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Good points, of course. U & R.
I'm a struggling creative and need all the guidance I can get....so thanks for the post and the advice!!
Valid points @lionindayard. As a newbie and artist I am finding it difficult to get the following that I have/had on FaceBook With limited time I ultimately get paid via my efforts through FB whereas the Steemit system is so fleeting I am frustrated by all the effort I put in with little interest (ie votes)
Really amazing your post. Congratulation!
Thank you for your botting
Though l am not good at English,
I get a lot of inspiration for your writing
Wow good
good a post.. thank you.
...that's what they call "birth wangs".