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RE: What needs to happen to reach $10 STEEM in 2018? (Discussion)
A few things that come to mind that would surely help:
- a front-end that incentivizes users to share their posts outside the platform, whether its adrevenue based that pays out in Steem or rewards you extra for more legit views (once we get a working viewcounter back)
- Combined with that a working and instant account creation tool from Steemit inc. Sure its not difficult to create accounts for users by users but it is not the best option for those that stumble upon the site and want to try it out. I've been thinking of ways for newcomers to receive a temporary account they can use to engage, post and earn their first rewards on that would buy their own accounts that way.
- Decentralized bid-bots with whitelists & blacklists. I see no reason for middlemen to receive massive rewards from maintaining a bid bot, of course they will do whatever it takes to defend bid bots when its their main source of income which often is created through very low efforts. There needs to be some ways to punish users that stack bid bots to get onto trending no matter what the content is.
- Communities and bid bots that focus on certain communities could be something interesting to see. For instance not allowing users that want to stack bid bots but if proven to create quality content for that community they can trend on that tag. Also just communities being released is going to help the platform a lot for new users to find their niche interests easier and be able to create better feeds.
- SMT's and a big interest of new investors wanting to use them and fund their projects through delegations and upvotes rather than receive funding like existing ICO's do. Of course that can be possible as well depending on trust but I'd rather give teams a monthly income for their work than too much money from the get-go so they become lazy or just uninterested to provide what they promised.
Probably a lot more things but these are my main points for now. Feel free to discuss my points in the replies.
If there was a well-funded account with lots of Steem Power could upvote a new user as soon as they registered enough to give them the Steem Power they need to start posting. If there was a template that a new user could enter info about themselves that would make an intro post and it would automatically be upvoted as soon as they posted it. On that post only the rewards could be paid instantly to their account, funding it. Problem solved. Instant account creation.
Indeed a good solution!!
@acidyo
That is more or less what we did with the @sbcbot. It is a bod for the Sport betting community. Depending on the content of the applicant the blog will get whitelisted for the bot. Once a day, the than member can use the sbc tag to get an upvote from the bot. They don't have to purchase share or donate to the bot, the idea is to give these guys a push in the back, because they are rarely supported by other communities!
Besides quality posting and record keeping of their bets, we don't ask anything in return. Most members are red fishes but most of them appreciate the work of the community, so they donate 1 SBD to the bot per month. These funds are used to power up the bot, or to fund some contest organizes by our members!
We regularly control the post of the members and advice if needed. We don't require that our members make a profit with their betting, we just want them to be open, and luckily the blockchain is a great tool for this.
An upvote from out bot is around $0.15, which could save some members from leaving the platform. The biggest problem we have is that the bot is mainly dependent on delegations for the moment and mainly on one. Which always is a danger!
Something like this is possible for each kind of niche. You just need some people who are willing to put in the effort, time and some delegation!
But it is worth it. People are starting to interact with each other, which is our biggest dream!
We are a firm believer of interaction on the blockchain. This is according to us utmost important!
Cheers,
Peter
I think SMT's to attract more projects and the Hive to create better tools for application development will be crucial. I don't think all that will happen this year, though.
That sounds smart @acidyo.
Regarding middlemens:
While there are many who simply don't give a f* about content, blacklisting & whitelisting -blacklisting users removes potential customers and overbidders, if you know what I mean (There was a time for Smartsteem when the number of bidders got pretty small due to our strict blacklistin) - I believe middlemen, in general, aren't the problem. There will always be good actors and bad actors.
Now, I'm very much interested in your opinion as one of my biggest concerns for Smartsteem is the longevity of the promotion-market on Steem, which makes it difficult to scale, plan and advance the service. What if oracles & communities decide that promotion-services aren't allowed? What if Steemit Inc changes the algorithm?
So I want to do as much as possible, to create a fair and transparent service for users to promote their content, without getting abused (which is pretty tough - as we can't look into the future and say: yes, that person is going to stack bid-votes to 1000$ with a low-quality post). But when they do - we'll make sure to blacklist them.
And most importantly: working on a business model that has a future on Steem.
Now - as I said before - I'm very much interested in hearing more about your thoughts, so when you have time and of course; if you want: let me know on discord @ therealwolf#2442
I think the points you have mentioned here could help a lot. One thing I want to add is a potential Dapp like dlive could increase the demand of Steem a lot.
Agreed👍👍👍