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RE: WHY ARE SOME OF STEEMIT BEST WRITERS LEAVING? ARE YOU FEELING IGNORED? WHAT CAN WE DO TO INCREASE RETENTION OF CREATIVE WRITERS? DO WE HAVE ROOM FOR SIMPLE SOCIAL POSTS? HOW CAN WE BALANCE BETWEEN SOCIAL MEDIA AND CREATIVE CONTENT?

in #steemit • 8 years ago (edited)

It wouldn't be a living it would just be more fun. Remember only 800 users post a day 3000 vote. The voters are not trying to make a living more they want to have fun. It's a game to see if you get curation rewards or get a few cents on your comment. Why do people comment in redit? We can keep all the authors or lose half of the them, doesn't matter. But if we triple the voters and they start powering up to boost rewards and influence then the value of steem will rise. Simple. People write for fun or for reputation. I see no reason to pay them much.

8 years ago in #steemit by
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     8 years ago  

    So refocus the majority of the reward pool on the curators, triple their number. It could work But wouldn't curation reward have to also be disassociated from SP?

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     8 years ago  

    No I think that's brilliant. I might've make the influence sp gives you go up a little slower. Maybe to the 1.5 power intraday of 2 but sp is very important.
    The problem here is people didn't earn sp curating. It's like a society of people where capital wasn't in government s hands instead of capitalist would have a lower return on invested capital until capital ended up with people who were good at allocating it. Our steemit sp is in the hand s of developers not marketers and curators. It will fix itself eventually but we'll have a low return on payouts until it's fixed(too much to authors)

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       8 years ago (edited) 

      Making curator rewards the "majority" of the pool is not necessary. Merely going back to the original 50/50 split would literally double every single user's curation rewards[note] while cutting post rewards by only 33%.

      The original concept was that shifting rewards to posting would help distribute them more widely because most users would post. That has turned out to be completely wrong. Most users do not post significantly, they read and vote. As @dennygalindo said well, we need more 'Uber passengers' not 'Uber drivers'. (Truthfully we need both, but there is at least some clear incentive in place to attract 'drivers', much less so for 'passengers'.)

      Rolling-back the incorrect reward shift is not all that is needed to attract more consumers, but it is a start, and something that is easy to do.

      Note: Except those whose curation rewards are currently too small to pay out at all. Many of those would start getting rewards for the first time.

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