First Steem Post, Intro, Questions to community, Ranting and cryptocats

in #steemit7 years ago (edited)

Hello Steemers, my first post here, so it’s going to be a little bit of introduction before getting to the meat of it.
If you’re not that much interested in my personal stuff, you could easily skip this and proceed to the Questions part.

Introduction

Childhood

I was born into struggling post Soviet Union environment, where social values have been disqualified, and struggle for the liberation was at its peak. First 10 years (now retrospectively I could state that) I was witnessing the decay of the old infrastructures and struggle of the local communities looking to establish their identities. Punks, nazis, skinheads, all kinds of anarchists were rivalling against each other and media propaganda, while the ordinary folks did mind their daily business routines.

Schooling

It wasn’t bad, I think it did a great job teaching me, just that it still does put a lot of stress onto children, which is then carried over to adult lives. The teacher’s job salary was (and still remains) on the edge of bare survival, so if you failed your business only then you’d go and working at school. Am I the only one who sees a problem with that?

Dotcoms go BooM!

I guess we were far away from it geographically, so the stock market bubble didn’t affect it here at all, so all we got was the realisation that there is a world beyond the Television. At that time a certain image of the world was created by the media, censored, groomed, and probably biased. The internet of porn was now open for everyone, it was the time when we realised that Eminem wasn’t a bad guy anymore, but a dude in a suit that had a family.

Ok, Google

And then big daddy appeared, he had the answers to all the questions in the world. Why would you spend time reading books, learning something, if it could be easily accessed in a matter of seconds? The libraries became cemeteries and museums for the ways of the old school, no bother reading, I’d rather learn a new skill from youtube, handwriting no more required and any relevant idea must fit into 140 chars to exist.

Insta-production

Acceleration is incredible, almost to a degree when it’s impossible to follow along. No time to explain, just get onboard and start posting selfies to get instant satisfaction. No followers gained? Then I guess it’s because you failed to locate the hype. Set aside the blockchain technology, which is just a security layer, it could be live broadcasting and augmented reality that might be exploding soon, but thats not even a new modality, but rather an expansion on what we already have.

Bottomline

  • almost 10 years full-stack web-app development
  • philosophy is what makes us humans. doubt everything
  • art is the new God, or rather its expression into the World

Questions & Problem exploration

Nobody reads anymore. Honestly, I don’t ‘read’ online the way I do with paper. Blog posts are so damn back on the past. Articles now should be short and straight to the point, solving one problem at a time, giving clear 1. ??? 2. ??? 3. ??? 4. profit steps.

Its not clear yet, wether steemit establishes a problem solving platform, just as stackexchange, or is it a sharing space like reddit does. It seems to be doing well getting the Patreon kind of engagement, but it’s doing that its own way, I don’t see it giving enough options for that. And it’s clearly not the tool to get get publicity as twitter and instagram does.

  1. Whats the value proposition of the steemit? Is it about sharing and reposting content or is it content generation?
  2. What is currently badly missing from steemit for you? is it mobile app, is it image uploading, is it video uploads or broadcasting?
  3. Excuse me for being snob, or not doing my research well enough but where’s the revenue for steemit coming from?
  4. I could have added a link to my sonic/musical explorations as a backing track to this rant, do you want to see that in my future posts?
  5. Less words, more kittens?

Thank you all and and keep it steemy.

Follow me @andy-novo
cryptocat

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Welcome to Steemit, and best of luck on the platform. I'll try to answer a couple of your questions. 1. It seems like most people favor this as a content generation platform, since we're trying to reward content. Mainly just because sharing content is typically so easy, that those types of posts don't typically see very high rewards, unless there is some value added. For example, some users just make a post as a single youtube video as there entire steemit post, and it's unclear if they're the actual author of the video, or just reposting. There are also potential copyright issues at play, since you would effectively be monetizing someone else's content. 2. One thing that I believe is in the works is integration with a decentralized video platform, not sure on the progress of that. An issue is that after 7 days, content cannot receive additional payouts (as far as I know), so it is still questionable whether the platform really makes sense for people trying to monetize content long term, since there is currently not a mechanism for receiving royalties, etc... 3. The 'revenue' that is distributed to the posts comes from Steem tokens which are minted and distributed by the rewards algorithm. The Steem tokens basically has value for the same reason anything has value, they're socially perceived as value. Actually Steem has many advantages that make it vastly superior to BTC: nearly instant, highly reliable transaction times (~1.5 second confirmation times), and truly zero transaction fees.

  1. Didn't know about the 7 days, thanks.
  2. this makes it to be rather weak business model, fully based on investors and traders, doesn't it?

I'm probably not the best person to answer about this. I believe that the 7 day limit is imposed because of technological reasons, i.e. if ALL existing posts are included in every payout calculation, the computational cost of the calculation essentially grows without bound. I believe other solutions are in the works, and changes to the payout structure are always being considered (there is a big change coming on Tuesday which has been slightly contentious, although the witnesses pretty much unanimously support it). The platform is still 'beta' apparently, although I have no idea how long that is going to last. In terms of the business model, I guess Steem does have a market cap of $500 million, so I don't know if I would call it a weak business model. Consider the examples of Facebook, twitter, reddit, etc... Personally I would rather have the opportunity to receive a single payout for my content than no opportunity. Also, it's important to recognize that the Steem network has much greater applications than simply the Steemit website. The Steem network is a blockchain with zero transaction fees and nearly instant confirmations. If you wanted to build a traditional platform like Twitter on top of Steem that allowed monetization and included opportunities for traditional ad revenue it is possible, although you would probably be better off waiting for EOS for that.

Microtransactions is definitely a winners game for steem in blockchain arena.

What I mean by saying 'weak business model' is that it doesn't appear sustainable at the moment, as it purely dependent on investors.
Twitter has monetisation issues on its own, only generating revenues from ads and promotions only, which is not good enough in my opinion.

EOS not launched yet, so quite a long way to go for it. Proposition is promising, as well as the foundation in steem and bitshares. I'm happy with steem chain for now, I just have a feeling that it has certain content issues, which I'm trying to figure out.

I welcome you to the colorful world of steemit! You will definitely get a whole new experience from all the wonderful people in this community.
Also feel free to check out and follow @yash10813 for mind boggling travel experiences.

Welcome to Steemit!

You've asked some great questions that I'd like to know the answer too as well, specifically 2 and 3.

In regards to 4, add your links! If it's something that represents you, don't hold back from sharing.

Welcome to steemit! I like to follow people all over the world, of all different ages. I read introduction posts and follow people who seem legit and real! You totally seem interesting! Following you to learn more about the world you live in and how you see it from your local perspective! I hope you will check out my posts too now and then!- @sircork - I've up voted and followed you!

Welcome to Steem @andy-novo I have sent you a tip

Welcome to this incredible platform, hope everything will work out for you. Being here it’s not easy but not difficult neither only an extra effort will go a long way, engagement is the key good luck I’m @tinashe Start by Following ,Upvoting &Resteeming people and they will do the same.

Thank you
resteem follow upvot gif.gif

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Happy Birthday! - You are on the Steem blockchain for 2 years!

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Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Welcome to steemit community.
I’m @jyoungking2 Start by following people and they will do the same.
Please read the following address and press voting
https://steemit.com/kr/@jyoungking2/if-you-ve-started-something-set-your-goals
Good Luck

Welcome mate! Have fun using Steemit!

Welcome To Steemit. I am following your Blog - I hope you have great success here on Steemit.

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