RE: Steemit: How to compete with YouTube long-term
1, Absolutely. This is the biggest weakness of steemit.com in my eyes right now. As the Blockchain is immutable and uncensorable, it is the perfect place for content also of timeless value, so having ways to dig up great pieces would be great. Now, with the way data is stored on the blockchain, this is already made possible, it is just about making a front end that makes it easier.
This is expected to be improved with the upcoming Communities addition to the platform which is greatly anticipated.
2, Not sure. The STEEM and SBDs posters earn are obtained from the inflation of the STEEM token and stakeholders have 7 days to decide what new contributions they see as valuable to the blockchain. I think this model is universally applicable to many thinkable new applications that could run on STEEM. To change it, one would have to propose a fork where a certain percentage of the new tokens generated are distributed also to old content. But based on what?
I think the solution is that people will have to add their own advertisements, links to their own webshops (or to sites that will give them something in return for making referrals), etc. Steemit.com could, of course, give users the option of including ads on their posts where they get a percentage in return, also over time.
My point is that I don't see a solution for this on the blockchain level. It would have to be the App providers like steemit, dtube, etc, who provide it similar to the way that YouTube, Twitch and others do it already.
But yes, I agree that for great creators to thrive on the platform, solutions for this will be needed. I know suggestions like this have been made in the past, and the people making them are working on it. To my knowledge, they are hoping that changes will be made so that alterations can be made to posts to include ads after the 7 days have passed. Thus, steemit can continue to provide an ad-free user experience for people browsing current content, whilst people coming across an article or post at a later stage will have ads on the page.
Absolutely, especially when you first come to Steemit. I found it super hard to LOOK FOR content as opposed to stumbling upon In.
Also, do we think that the monetary award will stop eventually? Or is that just speculation?
Busy.org (another interface to browse STEEM blockchain, like Steemit) has some discovery potential to it. For example, there's always a 'Recommended Posts' tab on the right side of every post, usually from the same user but sometimes from other users as well. And next to your browsing fees there is a 'Interesting People' which gives a suggestions of users that might interest you.
Of course more could be done but even those small things (among some other features) have steered me towards using Busy.org mainly over Steemit.
Thanks for the tip! I have used Busy.org a few times but not enough to really have noticed it’s perks...
I’ll have to give it another chance...
Thanks @celestal!