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RE: TAPPING THE SLEEPING GIANT OF STEEMIT! WHO and WHY????? My first Argument...

in #discussion7 years ago

Hi @joshvel.

It is an interesting point, but may not be as simple as it seems.

@steemit account can't just upvote anyone for $8425. This is because of the macroeconomics of Steemit platform. If you upvote something with a huge Steem Power, then all other posts for the same period will not be paid according to their quality. Money are not taken from nowhere, if you give a lot of value to somebody, you take this value from others. Those who worked hard to create valuable content will not get the reward they deserve, and maybe give up posting and making value because of that...

Content curation is really a complicated task, barely done by any bots, mostly solvable only by human mind. So to make this platform more profitable and successful we need to upvote only quality content, this will be the most fair and profitable option for everyone.

Anyway, I agree with you, that Steemit creators might need to do more of curation work themselves. Currently the early Steemit adopters (old bloggers) take the largest part of daily profit, but to make this platform big, there should be more intention to reward quality content, even if the content is created by absolutely new users.

I personally think that only having equal chances for everyone will allow Steemit to become a multi-billion dollar project!

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Yours is a very informative comment @w-w-w thank you ; now I understand more of the value of curation. But such amount of upvote could be distributed right?

Yes, it can. I personally think that a good step to make Steemit a great and profitable place for everyone is the following:

@steemit founders work hard on curation (or carefully hire someone to do this on their behalf) and use a part of their voting power to upvote let's say 30 of the best posts/comments every day. Good posts will immediately appear in Hot tab and get more exposure and even more profit.

Moreover, this will help to get much more quality content in Hot tab, so new potential users will be much more likely impressed by the content quality they see in Hot tab, by the profit the platform is able to offer, and those users will be inspired to open an account and start blogging. And of course this approach will inspire the current Steemit users as well :)

Well, I would love to see them give a 8000 USD upvote to a minnow, damn, that would be nuts...
They would feel like they have won the lottery! lol

No, that would be really bad idea. They will need to limit their voting power. Let's say if they upvote 30 best posts/comments per day with $10-$250 each (depending on quality) that would be pretty healthy for the platform and efficient at the same time.

Just checked at steemd.com, @steemit hasn't voted in the last year...

Exactly, this is what needs to be changed.

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