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RE: How to make Steem and Steemit great again!

in #steem5 years ago

Good idea but what happens if it actually works and the price of Steem goes back up to 10 dollars?
Than the income thru votes will become dramatic more valuable and reduce the impact of advertising.
The second thing is that advertisement is not the fundamental unique function of Steemit and the Blockchain Steem. It would seem to me more like they can't run Steemit.com properly and now they need advertisement as a second incentive.
I'm much more in favor of Steemit.com gets de-coupled from the Steem reward pool and will become its own SMT Token when SMT project is ready. If we could achieve the reorganize the reward pool for all dapps and projects on Steem than Steemit.com would be just one Dapp of many others. And users could freely choose on which dapps and communities they want to participate.
The reward pool should be distributed to SP holders, Witnesses and Steem Blockchain and Dapp Development.

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In that case, they are still earning good money from advertisers and if steem takes off users likely explodes as well, which would in turn make ad revenue greater, which would in turn attract more influencers. It could all feed on itself. Steem taking off wouldn't be a negative even if influencers are relying on ad revenue.

Yes, it probably better than going with the current system. But what do you think in general to seperate the Steem Reward Pool from the Application Steemit.com?
I think long term this will be the better solution.

It probably would be yes. It would also help to differentiate steemit.com from steem the blockchain.