The complete failure of promoted I think is why we have bid bots turning trending into what promoted could have been. A better and broader advertising economy could be more than just a money burning feature. It could pull in top content providers with add revenues paid out in SP, while allowing STEEM users the opportunity to buy targeted advertising without having to move funds out of the STEEM economy. A fully functioning revenue sharing adds economy that isn't just inward facing I think could remove most incentive to use bid bots as way to mock a working promoted feature.
You are viewing a single comment's thread from:
Yup, the simplest thing should have been
the more you burn, the higher up in trending you go. Instead, we have trending based on rewards, which is super easily gamed.Meh. Not like they would change it.
What makes more sense than changing the home page to promoted (few people want to see only ads) is to include a few of the promoted posts on the trending page like pretty much every other major internet site with similar content (reddit, google search results, many news sites, etc.)
Yes, that and not burning all of it, but allow people making a blog post to opt in to advertising and advertising revenues. There are top content providers that won't ever make the move to STEEM today, and surely won't if the screw-new-users-over convergent linear rewards were implemented, that might be sueded by swapping their current reliable add revenues by reliable add revenues in SP plus the chance to play orca/whale lottery that by itself clearly isn't pulling in any of the big guns.