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RE: Writcoin Dapp - Creative Blockchain Solutions
A community and assist token for creative writers is an awesome idea. I also like the ability for it to be used across different chains. I would definitely love to be a part of a such a project.
What I wonder is, (do not mind my ignorance) as a crosschain token does that mean that it would have to be based off a different chain from steem? Would it be an erc20 token or a bitshares token? I am curious about that.
Great stuff @raj808
Hi @warpedpoetic
Glad to see you're interested in this community/SMT idea as you are one of the people who I thought might be able to help assess authors, as well as being a great (and under-rewarded) author who would/could benefit from community support on their posts as well.
I haven't ironed out all the mechanisms, and part of my reasons for going to steemfest 3, is to talk to trust worthy developers/coders about the feasibility of my ideas from a blockchain perspective. Also, to network this idea.
To answer your question:
It will run off the steem blockchain. SMT's will be like an erc20 token but on the steem blockchain.
and to elaborate further:
The idea is that there will be a huge chunk of Steempower in the community steemit account (partly from proportional registration delegation from all community members and from whale/Orca/Dolphin support) for rewarding competent through to professional level creative writing with votes. There are a few excellent communities already in existence which help people with workshops, to help them improve their fiction/poetry which is great and I'll be looking at how this can idea can be inclusive of all communities. However, the problem that concerns me, and I want to address with Writcoin, is the relatively low payouts creative writing receives on steemit across the board. I have read some blog posts questioning the value and place of poetry/fiction on steemit.
Quite honestly this view point is flat out wrong.
High quality creative writing, especially when backed up with partnerships with other online publishing entities will only bring good attention (mainstream press) for steemit, a platform which is woefully lacking in focused marketing on a global scale. I will be approaching literary journals with an idea to help mitigate against the 'first publishing' issues which they all struggle with accepting doesn't need to be a problem. A Writcoin SMT can provide solutions to the revenue that they might lose from online advertising when they accept/publish submission that have been put up on steemit first with the addendum that I mentioned in the presentation. This idea is workable if I can figure out a way to boil down the concept of an SMT with simple provable facts and figures showing how everyone can benefit (financially) from this model. This is a presentation that will have to wait until I have spoken to people who know more than me about the technical aspects of SMT's, ha ha, I need someone to boil it down for me before I get my marketing head on and fire up PowerPoint. The whole thing is sort of like future proofing steemit for the publishing industry before mass adoption 🤞
Anyway, I hope this hasn't just raised more questions in your mind 😉 I feel like dreaming big is essential for building projects that will have lasting impact and reach beyond steemit. After all, if the majority of what is written (and rewarded) on steemit... is articles about steemit we will disappear up our own backsides. Lets wrap this up with an inspirational quote from one of my favorite authors, not known for his positive outlook. 😂
Thanks for your thought provoking comment
Oh I really like this idea. And you are correct about creative writers getting low rewards on steemit. If not for curie, ocd, sndbox and some other projects I doubt if they would be creative writers left on the chain.
As to linking in literary journals to steemit contest, that is just fantastic. Many times, due to the kind of rewards content sometimes get on this platform, really great creatives lose the excitement and love for writing and soon they either away. If they have access to literary journals, their great pieces would find a voice outside the platform. It would be good for the platform, for creatives and for literary journals as well. The journals can do well without the advertising space.
Creative writers can test their mettle outside steemit and see if they have grown. Prizes and contests like the Sillerman prize, commonwealth prize, etc can get fresh voices participating. It is just healthy for literature, writing and the blockchain technology as related to content creation.
I am in @raj808.
The technical aspects of what you describe would overwhelm me, but I know there are resources here, savvy people who can overcome these hurdles. The creative writing aspect is intriguing. As I roam about the platform I run into a variety of talented writers, some of them quite young, some seasoned. These writers are eager to find more outlets. I hope your plan comes to fruition--a writing laboratory on Steemit with commercial potential.