Growing and Expanding Steemit Through a Developer Fund Proposal
The goal for many of us in the long term is to not only increase the price of steem, but more importantly to increase the use of the website. Steemit is good and the developers are doing a fantastic job, but we need to realistically look at who our competitors are and the budgets they have to make good and user friendly applications. We also have benefits by being smaller and being more agile, but we also must use this to our advantage.
There are many developers working on Steemit implementations that have the potential to bring in a mass amount of users (dtube is one that comes to mind), but these developers still have to work a regular job most days and don’t have enough funds to hire people to help them. The Steemit creators have a bunch of steem, but we cant rely 100% on them to fund every single project, especially when the community should be the ones that should get a vote.
In addition more use of a budget for advertising at meetups, organizations, ect will get people to come to Steemit and start posting here. More content and more importantly better content benefits all of us and retaining/ growing users is paramount in having that done. We have done fantastically growing organically, but that growth can be much higher if advertising and spreading the word is done right. So what do I propose?
Dash has had relative success with their developer fund and taking a percentage of the block reward in order to fund projects and advertising in and out of the space. First I propose that a tiny percent of the block reward that is currently getting distributed ( maybe 2%-3%) be put directly into a dev fun that has a sole purpose of funding existing and new projects made to create a better infrastructure and bring in more people to the community.
We could have witnesses vote, but I would much rather prefer that the community as a whole would be able to vote yes or no depending on the voting power they have. This would make sure that the community as a whole and the biggest holders of steem would have the most say on what projects should be funded and move forward with. It could be a simple implementation site where you sign in , you see a list of proposals and you vote on them. Show how much money is in the fund currently and how much someone is asking for then distribute it in waves.
I truly believe that a system like this put in place could have a huge impact on getting new users and more people into the project and invested into the currency. As creators we might lose a tiny percentage now, but in the long run it wont matter if we can bring new people in. More people will want to buy into the system and be a part of it, giving people the ability to vote will just help create more community inclusion. I really hope that the development team can consider this proposal.
Thanks to @Elyaque for the badges
thank you for work
It's a good idea. As a software engineer myself (and wearer of many other hats) - My first thought is that most people don't really know who is and is not a good developer - except through them being able to demonstrate past projects and even then it is not always easy to identify good from bad quality code and system design.
Any system of payment would need to take into account a way of accurately assessing the success of developers who are paid - otherwise it could end up being a negative instead of a positive.
I agree that it is hard to find worthwhile projects compared to other ones, but we could pay at certain points when the goal is met in order to make sure devs are doing work so x amount for phase 1 x amount for phase 2 ect.
What I am pointing to is that if a voting system is used to decide any aspect of this, then those who vote need to be technically skilled and that in itself opens the system up to some degree of corruption in that the skilled voters might be just voting for themselves and their friends. Maybe a payout curve would work, where payouts for development start small and get bigger, the further into a project the developer goes successfully.
Hmm exactly Steemit should consider every single minnow and their ideas in order to have value. As I seen some outstanding guys on Steemit so Steemit should also start a campaign about receiving some good ideas from the users. This would indeed be helpful.
Definitely, minnows that contribute content and get into the system are more likely to invest and buy steem later on, so getting more is essential.
very nice suggestions friend, i agree with your proposal of bring in the developer fund option and then use it for advertise and on good projects, no doubt advertising on good forums should bring the more powerful investors into the the system and it helps steem and steemit community collectively.
Advertising as well I think is very important. We can do small outreach, but the bigger opportunity to deal directly with big people cross posting content here is huge.
This is exactly what Utopian aims to do. Not specifically for Steemit, but for any open source project.
I think you are right! This is a good plataform and we (the users) must know how to make it grow, with strategy of course! Great Post!
Sounds like a definitely good proposal. Ty
The idea of Steemit is to have people vote on stuff they like. Someone who does say python-steem, makes announcement posts and they get a good reward for just describing what it does. We who have interest in SteemIt (via Steem Power) should do the flagging of those that are abusing the reward pool and to reward those who are working on good projects. And speaking of projects, there is steemfiles.com made by a short developer who likes green. This project is a digital store for steem backed dollars.
You have realy nice and positive articles. Congrats!
Very very thanks