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RE: How to Save Steemit - My Uninvited Opinion
I think that Steemit could work with advertising but innovating in doing so. They currently have the capacity to leverage the data available on the blockchain from the millions of data points from posts, comments, and votes. They could provide both advertisers and users a transparent experience by targeting ads to the interests of users or even a section for ads that can be consumed at the option of the users in exchange for upvotes.
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Ads suck rocks. Consider the number of people who would instantly quit if Steemit started using their data to serve ads. I for one would certainly perceive it as cheating and a broken promise
Agree but unless I don’t understand the concept of the blockchain, isn’t all of the activity and data available and immutable? My thought is to provide a gateway to pay for ads for those who opt-in to see them which will then be rewarded for their attention. The ads would be catered to the interest of those users so that it is not as disruptive.
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I see what you mean - but that implies getting interested parties to invest in steem power first (so that their "upvotes" can entice people to have a look at their ads).
And that is precisely Steemit.com problem - focusing on the blockchain they were not very successful (to say the least) at bringing investors to the blockchain and making them power up in sufficient proportion as to at least keep the price of steem at a cool 0.35 mBTC for instance (while Steemit.com would power down and sell STEEM to pay salaries)
i really see this model of steemians being paid for their attention working well potentially. similar to how the brave browser works with BAT. i think this video is wonderful! thank you @louisthomas :) i'm a brave user and BAT investor. investor here as well...and i think it'll work great! we shall see. @exyle 's post today is excellent. https://steemit.com/exyle/@exyle/steemit-com-is-running-at-a-loss-start-generating-revenue-or-get-out-you-are-strangling-other-applications-from-succeeding
opt IN...as you said @newageinv ;) https://basicattentiontoken.org/brave-launches-user-trials-for-opt-in-ads/