the minnow based community ...
Maybe one of the fundamentel problems is that we tend to categorize community members according to their stake - and not according to their contribution.
According to Steem's Sweat Equipit Principle theoretically all forms of capital are equally valuable.
This means that those who contribute their scarce time and attention toward producing and curating content for others are just as valuable as those who contribute their scarce cash.
But this is just theory and not vivid culture on Steem.
For a new member that hasn't the money to buy himself a bit of attention, it's almost impossible to grow organically. I guess that's why the user retention is so terribly bad. Since four months we have the very same amount of active users, and the number of postings is even decreasing.
I think that's alarming and reason enough to wake up.
Comedy is simply a funny way of being serious. - P. Ustinov
Thanks for your insight.
This is very true. The only thing that can make this place thrive is for the big boys to lease out their SP to community leaders to support their communities. You will see one account delegated 2million SP while thousands are with none. I saying this out og experience, I have built @euronation community from scratch to 250 people. This is not people I got from steemit but pure virgin newbies gotten from holding online webinars,got them registered and still guiding up to untill today.
They have been earning less than 1$ and what do you expect: mass exodus. Something has to be done to address this otherwise it will become a community of just big men soon.
@eurogee
Acquisition is not the problem, retention is the problem (as you perfectly experienced with your own community).
If you don't have a good user retention, then actually nothing else matters.
Now you can stay and do circles around the very same issues until you get dizzy, or you can move on and spend your valuable time somewhere else.
I by myself am in a waiting position currently. Since November I've powered down almost all my Steem and invested it in other projects. Now I'm waiting for Steem's community feature to be implemented as well as for new applications to be launched on other blockchains.
Time is the currency, and we should invest it wisely :-)
All the best
I totally agree with you 100%! Many people from developing countries wouldn't mind earning 3$ per post.
@eurogee