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RE: Steemit Churn Rate and Engagement level - An analysis

in #steemit7 years ago
  • Most of the newbies may have joined the network looking to make a few quick bucks but left disillusioned when their posts were not getting them enough SBDs or are barely being noticed(this post may meet the same fate 😊).
  • The steemit hierarchy looks like an oligarchy which is bound to fail as the majority of voting power lies in the hands of less than 2% of the whole populace.

We are getting new apps and platforms that use underlying Steem technology which could help fix the first issue. Also communities are coming soon.

But the second issue is something that... is a big issue. I hope the situation gets better in year or two, if not there might be something wrong in the system itself.

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Communities will help in increasing the engagement levels. Regarding the second issue - most of the whales/orcas were early adopters/steemit devs/witnesses who get rewards for their mining. So this hierarchy might not go away soon.