A better way then 50/50 reward splits and downvotes

in #steem5 years ago

If Steemit Inc wants to:

  • increase the value of Steem
  • keep people using Steemit longer
  • earn more advertising revenue

then I think the following 3 things will have a much bigger impact.

Attract more traffic from our social media networks

Let's face it, few people know about Steem or Steemit. One way to change that is to let people add settings that will automatically post the first para, the first photo in the post (not the Steem logo) and a link to their Steemit posts on other social networks like Facebook and Twitter. That will make Steemit more visible to a lot more people and attract more visitors.

Drive visitors deeper into Steemit

Display links to other posts based on tags e.g. "Related" "New" "Hot"
It is important these links are more closely related to the content of the post which is why it needs to be narrowed by tag. Content on Steemit is so broad it is unlikely to drive people into Steemit more deeply unless its focus is narrowed by tag. For example, if I come to Steem via a post about dogs or yoga or recipes - I am going to have no interest in links to posts about programming or crypto or Steem. Make it easier for visitors to find relevant (from their point of view) content and they are more likely to stick around.

Quality content has a life of more than 7 days

Add rewards at 30 days, 3 months, 1 year, etc to encourage people to invest their time to create more valuable content.

Burn X% of Advertising revenue

Make advertising win-win so your content creators are on your side rather than resenting you for exploiting their content to earn advertising revenue for yourselves. Use X% of advertising revenue to buy and burn Steem, helping increase the value of Steem in the long term. This gives content creators an incentive to think about how to maximize advertising revenue when they are writing their posts as they will benefit from the increase in the value of Steem. We want everyone rowing in the same direction.

Conclusion

Start by putting yourself in the shoes of a potential visitor who has never heard of Steem or Steemit and does not give 2 hoots about either.

  • What do we need to do to make it more likely they will stumble across an interesting post on Steemit.
  • Once they are on Steemit, how do we improve the interface to make it easier to find other posts that are relevant and interesting to them. Thereby driving them deeper into the site.

Hope this helps

Ozphil

Sort:  

The issue is to keep people
If people see the shit on trending and nothing interesting they will not be interested in powering up.

Beauty is in the eye of the beholder. You "Gold" might be other people's "Sh*t". It depends what people are interested in.

At the moment - Trending etc covers too broad a range of topics. We need a way to narrow the focus to what that particular person is interested in - which is what I tried to achieve in "Drive visitors deeper into Steemit"

If they see lots of info they are interested in - then they are much more likely to keep using the site and eventually power up.

we already have tags, which are extremely visible and accessible and intuitive

We do have tags - but Steemit could do a better job of driving people deeper into the site.

Many people might use it for years before they decide to join, and even then it's predicated by why they join, was it because of some members only area, did they want to leave a comment, etc.. To get people interested in powering up they must see good content,

On this we agree.

I simply believe:

  • we are better off trying to get more people to the site - knowing only a percentage will power up
  • once they are there, we can do a better job exposing content to them THEY value and are more likely to want to interact with and so join and power up
  • acknowledge good content has a life of more than 7 days

Note my suggestions are focused on the content - not shifting the chairs around on the titanic by tweaking reward percentages or free downvotes.

Seriously.

You say you want people to power up.

Then you abuse those of us that do.