What is best for Steem? More users are my answer.
Does pulling rewards from the reward pool help bring in new users? No.
What helps attracts people? Upvotes do.
What do investors hate? Wasting opportunity.
What is the biggest wasted opportunity when you power up your Steem? Not using your upvotes, as upvotes take up the bulk of the inflation.
What do passive investors result to? Delegating to projects, delegating to bid bots, selling upvotes, self upvoting posts.
Higher curation rewards can help the system as a whole, the person putting skin in the game should be rewarded accordingly.
I love the use it or lose it and the use it can be commerce, curation, etc.
Large hodlers want interest on something that has inflation.
We are such small community inflation does not matter as much this early on.
Read first: https://steemit.com/blocktrades/@blocktrades/pros-and-cons-of-two-versions-of-steem-proposal-system
▶️ DTube
▶️ IPFS
am i happy when i see a nice upvote on my post? yes of course. but i am also happy when i see a meaningful comment. in the time of steem worth 4-5 bucks votes could be main factor for getting people to stay but now i think interaction and support have more power. or maybe it is just me, and i am wrong
Posted using Partiko Android
I agree with you, connection is important, but combining the two is magical. This is magical.
yap it is magical, a bit complicated for an average internet user, (i know how i was feeling a year ago :) ) but now it is getting better every day, and i hope we can expect more magic :D
I would love to see the Curation rewards at 50% !
Posted using Partiko iOS
Magic Dice has rewarded your post with a 41% upvote. Thanks for playing Magic Dice.
@magicdice is a scam that used an insider who farmed the vast majority of their MAGIC Tokens via an insider deal and reaps over 25% of the daily dividends due to this deal. They are not to be trusted.
this was great to listen to.
I started here with the free 35.00 SBD delegation over a year ago..... everything in my wallet I earned from posts. Hearing they are going to take away from content creators was not high on my list of things I was happy about......
Now after listening to you....... if that is what they do and then we are more careful about curating we could still add to our wallets like we were and still be able to grow how much stake we have.
Not everyone has fiat to invest. Not everyone makes posts and takes out all they earn. I see Steem as a very long term investment for myself but am afraid to see people like me get lost along the way.......
Lost because it's always easiest to take from those that have nothing, yet I understand dapp, investors, developers are needed but what I love about Steem was a person like me, through hard work, learning and time could get into some form of crypto through plain hard work.
I agree with everything you said. Especially upvoting great content. I am working as a curator consistently at least 5 to 6 hours of my day for about a year or even more. Steem brings my bread and butter for every day. I have seen so many great authors leaving steem because of not getting appreciation in their posts. I belive although its someone's personal choice to upvote post but from a logical perspective I would say appreciation for great content and a better curation can really make the steemit a great place. I am telling people to join in steemit. Some of my friends joined and they are still in steemit. Some of them left because of not getting appreciation. I hope situation will be better.
Personally, I do not think increasing curation reward would help the steem ecosystem. Maybe from an investors point of view, it does, but as a writer, if I'm getting less or equal to the people consuming my content, that would deter me from creating more content. I rather just invest in steempower and focus on curating. But we need contents to curate--more of it even, to offer the needed diversity in opinions and thoughts. Increasing curation reward will only deter people from creating.
A typical example is musing. When people discovered that it was more profitable to answer questions than ask they did the former. So while the quality of answers improved, the quality of questions reduced. And this kinda made a mess of the platform. So I think if we alter the current structure it will have a negative effect on the steem ecosystem
Posted using Partiko Android
Interesting points. The author would still get the bulk of the rewards compared to curators because the author gets the full author reward while the curators have to split the reward among those that voted. So I still believe we would have a hefty amount of content creators if we changed the reward pool.
Great comment @nonsowrites. And I concur strongly with you here.
¡A truly eyes opener the Musing example!
Cheers!! :)
This is a blatantly hobest post, and thatswhy I LOVE IT. More power to you.
I really wish more people would speak up, and be open about their thoughts. It would lead to great discussions and open up so many more chains of thought. And that's always good.
Thank you for giving a voice to the opinion that many people share.
I agree with you thay steem is a great place to practoce freedom of thought and enjoy a censorship-free platform. But let's be honest, in todays day and age how many people do ACTUALLY care about that? Just a handful. If the masses really cared, fb would've been out of the game long back, along with so many more.
I have to agree with the attraction of upvotes. That is the single greatest way to on board new users.
But with all the new possibilities and services (dapps/ projects/initiatives), upvotes migh very well become the secondary reason people join.
About "balling" witnesses.
100% agreed. Not only coz they deserve it, but it also plays the part of motivating and attracting developers, investors and even would play a huge part in onboarding new users.
Every other major business Shows of their "trophies", in the form of employees, sponsors, partners, mascots whatsoever AND IT WORKS!
I have thought about this for sometime; it is the curators who decide if a post is the shit... or shit.
I feel like cutation should be given some more incentive...but what are the repercussions? Are we going to see a rise in the number of passive investors? Will it tip the boat towards bots? Will it demotivate creative creation at the rate that we have now?
Hodling- great.
Using votes- excellent.
Lets keep the ball rolling.
I wish you never change and keep voicing your opinions! Big ups to you, Dan!
great video man. appreciate it always.
i think you made some great points about the witnesses.
i want them to be rock stars too. the more they win, i think the whole blockchain wins. and this will drive entrepreneurs to pay very close attention to steem.
people are looking. they are interested in what’s going on here. and that’s very exciting to me.
thinking about what this place will become in a few years from now. upvote the net ;)
Posted using Partiko iOS
Rightly said Dan. Upvotes attract new users and members to the system. And not using your upvotes when you have is a waste of Steem. So, let's imbibe the habit of voting others and not just self-voting.
Wishful thinking.
This is not a religious movement.
Give people the incentive to vote, they will else they won't.
Isn't it amazing such simple concept seems hard to grasp?
Now that's the real miracle right there.
Yeah! It isn't a religious movement, that I know.
What if you have given the incentives and they still don't?
ǝɹǝɥ sɐʍ ɹoʇɐɹnƆ pɐW ǝɥ┴
Welcome
Hmmmm, I vote @theycallmedan for witness... what ya think? 🤔💪🏼🙌🏼💯
Posted using Partiko iOS
👀 - no plans to become one atm because I have a lot of faith in the current witnesses and rather use my focus to support them.
Posted using Partiko iOS
Are you joining us in Austin this coming April, Dan? Not sure if you saw the event site or not. Would love to have you there :)
I can't say this far out, but anything is possible.
Here's something where I would like to see STEEM play a bigger role...
There's been so much talk about censorship and deplatforming on social media platforms. Every time I hear minds.com or gab.com being suggested as alternatives.
But let's be serious here, those are just censorship resistant websites, nothing new really!
Joe Rogan even mentioned he's going to have on the founder of minds.com on his show.
Jack Dorsey pretty much described the STEEM blockchain when talking about the future of social media and blockchain on the Joe Rogan podcast.
Every time I'm thinking, why is the STEEM blockchain not being brought up here?
The STEEM blockchain is way more powerful compared to Minds or Gab, why can't we have STEEM brought up when this issue is discussed?
The problem with the STEEM blockchain is certainly marketing!
Loved the video dan. You had some great points. It would be pretty awesome to see a better curation reward system. This would also bring in more people, and have a more active community.
Posted using Partiko Android
As I mentioned on another thread regarding the worker proposal, my only concern is who awards the contracts. Based on all the back and forth I have seen among the top players here, as well as the last HF, I worry it would be more of the same old same old with top players getting the contracts and not producing. Not sure it is wise to take rewards from others to give even more to the top players. I also wonder what affect it would have on the valuation of Steem, as I can only see it being beneficial to pay them in Steem if they plan on selling it off on the market to convert to fiat for their projects.
I also think the curation rewards being raised would actually entice more to delegate their SP to the voting bots, as the payout for not actually curating would grow.
Just my two cents.
Valid concerns. On the part about raising curation rewards and delegation to bots, I agree it entices passive investors to delegate to high ROI bid bots rather then sell upvotes. However, the competition would begin on which bots found the best content. Right now bots sorta "make" the best content as most of the reward goes to the author. If more went to the curator, then it becomes more important on the value of the content. Because if one bid bot kept upvoting shit content, and another didn't and made better ROI by finding better content, it could create a shift. I don't see bots going anywhere, and a passive investor should be able to delegate to a bot that helps curation via natural competition if they so choose.
I am not so sure that the value of the content will become more important to the bots, as most of them run on the dynamics of who is willing to pay them. The person paying them is more often than not paying more than the curation itself, which is how they can offer more to their bot investors seeking passive income than most could get through curation. The only change I see happening from this would be for the bot operators to compete for the delegations as the profits for their end goes up. The dynamics of the bot owner to their paying vote buyers probably will not change as far as the quality of the content. They care about the color of those SBD's or they would be competing for content already.
If I had to give up a percentage of author rewards for something, I think it would be better shifted to the new people coming that don't even know what is what. They don't know if they want to invest, and their rewards are almost non existent between their dust votes and almost non existent curation rewards. Add in their lack of being able to do much with lack of resource credits and many who do come will probably leave quickly unless the hook is bigger.
Just checked my steemworld. Got 35K upvotes under my hood. And counting...
Upvotes or the money attracts people in steem and if big stake holders would support newcomers then many would get to save steem and it will make steem scarce which would make the price go up. @theycallmedan
So using upvotes for the new users is one of the key factors in the succes of our platform while dapps also attracts users with specific inclination to particular dapp as well like actifit for health buffs or dtube for vbloggers, etc.
So everyone must take part, whales supporting content creators and content creators supporting their commentators and that will make this community thrive and get more vibrant than ever.
Upvotes play a crucial role in getting new users. Competition for social media is harsh and most don't care too much about decentralization sadly, but everyone likes the ability to earn money.
True Sir, steem/steemit is not without loopholes that many users are circumventing to earn money like bid bot creation and abuse, circle jerking, etc.
So much problem so a new user must love blogging otherwise they will just give up. @theycallmedan so I just tell people to do what they love most and share it in this platform and soon they will meet friends and other like minded users which will help them to get a level of success here.
Hi Dan,
I agree Steemit needs more people!
I strongly believe we need a decent in-built chat system (similar to MS Messenger). This would REALLY ignite the Steemit fuse! I have heard this is being worked on - but it cannot come soon enough. Such a powerful multi media sharing platform as Steemit WITH an instant voice/text chat in-built would be truly awesome - and at last threaten Facebook as an equal contender.
Lets make this happen Steem people!
Oh yes ... upvoted and resteemed :D
What about a slack/discord like Steem app? I actually have something similar to this working in the background. Think of SP unlocking certain emojis and badges. IPFS storage for the data and sign in through Steem keychain. I agree with you because it seems people spend more time in slack/discord then on Steem apps.
Hi Dan,
Yes slack/discord work well - but complete integration within Steemit would be so much better - one software to rule them all!
Keep well bro :D
@theycallmedan, The ultimate aspect is How much usability we have? And to raise the percentage of usability we need more users and Steem is a Ecosystem where individuals can create their own usability by implementing their own ideas.
Yes, many underestimate Upvote and discuss about negative aspects, but upvote is Creation Of Steem and Mining Of Steem. And today people can underestimate but when value of Steem will increase then the weight of Point(.) Steem Power will be heavy.
We are in exciting era and we have to focus torwards more Niche Based Applications. And Steem will going to push us towards an position which will be giant. Stay blessed.
Posted using Partiko Android
I envision a day where people will be eager to earn just fractions of Steem. Cheers.
Will come brother. Have a blessed time ahead.
I think Steem and its communities also pulls people in to try new things. I came interested in the crypto community in general as an investor and have evolved into posting daily, supporting great projects and content creators with delegations and curation and even playing games again. It has been more than fulfilling so far and am encouraged by the things yet to come!
Posted using Partiko iOS
It definitely is an amazing feeling when you get upvoted :)
Like you said upvoting is a powerful tool/incentive for onboarding new people.
p.s.
Have you tried playing any Steemmonsters tournaments Dan? I don't think I've seen you in any.
I always seem to miss them! I do play the seasons for the rewards. Gets tough in the diamond league.
Here's the link to the schedule that gets updated. Just adjust your time zone in the top right corner.
https://teamup.com/ksqichvsz7xg679hhr
I recommend playing one just to see the process. It's fun but tough.
Yeah the season rewards are getting tougher to climb up.
My opinion is new people join because of the money. Before creating an account new people check the hot+trending posts. When they see money/ upvotes they create their account. I remember, my friend also recommended me this plat-form for earning money, he said that i can earn money / crypto by writing blogs here. Sorry , money word is little bit offended to listen but it's truth because after joining here i came to know about upvotes. So, new people always attracted by seeing upvotes. Also it's necessary to use my votes. It will be my foolishness if i don't use my voting power. So, You are absolutely right.
Thank you Dan for these muse.
I wonder when I see people's account with 100%SP yet, they don't still upvote. Its simply a waste of their investment and a waste of STeem invested in them.
I'll add that what attracts people (non steemians) is a thick promotion of STEEM.
On inlfation, that should not be what bothers us for now. I stand with you on the @blocktrades proposal.Donations should be the source of funding. I did vote and I hope we'll win.
VP never goes above 95%. Never.
That's someone's account with 100% VP.
However, I've never seen @Theycallmedan's account full-up to 100%VP because he keeps upvoting.
I have seen similar acounts, with x10, x50 times bigger SP. And never voting, nor delegating. Crazy ppl.
I'm totally agree with you @theycallmedan it is necessary to have more user if we want to see steem successful. All the questions are meaningful. Im following you on stack voting started by blocktrades.
It is good if the reward split equal between author and curator
Donations are going to kill off the Workers Proposal System, dude.
Organizations don't run on charity.
I however understand your concern. Given how much you've invested.
I never viewed it as charity. I view it as investing in your investments. The money you give goes to increasing the value of the Steem you hodl. I think donations are 100% needed and we as a community should work towards making it as seamless to donate to a worker fund as possible, regardless of the route we take for the SPS. I could be ignorant, but I believe that if we made donating cool (badges, leaderboards etc.) and easy to do (donate x amount right there on the upvote slider), it could work.
Yeah, agree. TIPU is like partial solution.
!tip
🎁 Hi @theycallmedan! You have received 0.1 SBD tip from @onealfa!
@onealfa wrote lately about: Blocknet Wallet 3.12.1 And Block Dx 1.0.0 Release (Mandatory Update) Feel free to follow @onealfa if you like it :)
Sending tips with @tipU - how to guide :)
No self votes ..always curate others and spread steem ....
Posted using Partiko Android
And just like that you'll have a sound economic system? Jesus
😜😜😜
Posted using Partiko Android
People go to Social Media because of attention not money. Must help new user feel like they got A LOT OF ATTENTION.
So I agree with you with the more Upvotes, but it seems the algorithm favors the weight of the votes in $$ compared to ammount of accounts voting.
Where we at right now, is crucial for Steem. Because we are building a social community to interact with people, network and communicate and if Steem doesn’t survive right now then I don’t think it can in the future.
Currently everything seems to be going fine, just that if Steems price rises in the near future and is stable then I think spending time and energy on here will be worth it.
Posted using Partiko iOS
This post has been included in the latest edition of SoS Daily News - a digest of all you need to know about the State of Steem.
I think it's interesting too, how to see curated gifts, I still support you
the votes, and the comments, contribute a lot to each one of the publications that you do, the fact that you receive both, means that something you should be doing well. Particularly, it is gratifying for me, that people comment on my post, give me recommendations and even constructive criticism
Hi @theycallmedan. I think we have to have more interaction among all, we need to do more publicity outside, in all social networks so that many more people know about this great platform. For my part this week I celebrated my first anniversary in steem and steemit.com where I got more than 3000 Steem in total rewards, thanks to the original, creative and educational content that I share for all steemians and their closest children. But I think the rewards should increase, because sometimes we usually spend a lot of time to make our videos, or our tutorials, leaving the skin to share more content and grow the community. Many people are inhibited or discouraged from sharing their great knowledge because of the small amount of reward. Even so there are people with a lot of Sp to heal and they do not qualify or reward a good job. I think that better rewards attract more people. It would be a way to encourage people, as long as they share excellent content and let Steem know in each place they go, with each person they speak, in each of their networks, even on the radio.
That is my humble opoinion, I am only a small fish and I do not have valuable sp to help improve the rewards of anyone, but I can interact and promote the work of others with good comments.
I started an Initiative recently called DtubeRockers where I Spotlight and Reward peeps who fully Engage and do high quality commenting on the Dtube platform.
I think it's imperative that we recognize this more and more as Steem grows