You are viewing a single comment's thread from:
RE: eSteem and Steem referrals, incentivize users to invite friends
A percentage of that user's future earnings seems like the better option as it keeps people from just creating new accounts to collect some set amount of steem as a reward... also it saves steemit.inc money in that they don't have to pay out the steem.
Regarding the actual percentage of their earnings, perhaps somewhere in the range of 1%-5%...? Now the question becomes, is that feasible?
Overall I think a referral reward system is what will take the user base to the next level... can you imagine people holding steem promotion/signup conferences all over the world?! :)
I dont think thats a good idea. The platform should remail long term rewards in sharing content, curating or investing. That would create a ponzi squeme.
A referral program wouldn't change any of this, it would only add another way to earn steem.
A ponzi scheme requires new participants to invest their own money, how is a referral program a ponzi scheme? Plenty of legitimate website uses referral programs because it's the most efficient way of getting the word out, coinbase have a referral program , is coinbase a ponzi?
Lifetime 1 percent seems like a lot maybe 1 percent for 1 year
Everyone will be able to take advantage of the referral program. You will be sharing 1% with the person who invited you but you will also be able to refer many users which would make up for the percentage loss. A lifetime program encourages long term marketing.
I agree with @ender, we should not go into lifetime earnings from others, that is just building Steemit out on terms of finance than anything else. See my other comments to this post regarding my opinion to fees for referrals.
You are right! With upcoming beneficiaries feature we have number of use cases and my hope is to gather some input from community to see what range would be viable or if this type of referrals would work and scale...
You can get eSteem referals from the ongoing contests on @literature trail
You mean promotion not referral right?!
Yes
I have been thinking about promotion of posts on eSteem, will make a post about in-depth once implementation of this feature is ready 😉
Not everyone knows about the esteem app and what it does, so i think it would get more coverage on steemit, from partnering up with the contests being run by @literature-trail
You may be right, but now we don't have special place for promotion posts. You can use promoted filter by burning SBD for now until we have special or editor's pick type of posts
CAn you send me the download link for the Esteem App, I would like to introduce it on the contest I aam running for new Steemians
Referral feature YES, but I do not think this needs to be rewarded at all with some lifetime percentage of earnings of the new users a user referred. This will build pyramids! When a reward, then only one time fee. But, I also think that when we have the referral feature, it'll be used by any users that likes Steemit anyway, even if it is without any incentive! The referral method shall be super super simple and users will start to press the referral button, am pretty sure of that.
ok but where does that one time fee come from? Also what is to stop people from creating tons of new sock puppet accounts just to collect that one time fee?
I not technical enough to understand what can be implemented in a way that abuse cannot happen. Therefore I would say: no rewards to referrals if 1-time-fee is prone to abuse.
So now you fuck users that use referrals.