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RE: New Value Creation Initiatives Steemit - What I took away from Steemfest 2017

Wow great summary thanks! All these ideas are exciting but I'm wondering whether many of them are a little far out. How about something like an auction site (SteemBay) or something like Etsy? That would be great to get Steem used more as a currency rather than just as a social media reward token. The more use cases there are for Steem the better.

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Interesting! I certainly believe in supporting practical ideas. Ideally every value creation project we do initially should be set up in a simple testing method (be it manually driven or auto driven from a web server) and proven to work so that the community has a tangible model to judge. Steembay and Etsy are certainly GREAT models that could be run off the steemit blockchain pretty much immediately! Completely agree that the more use cases for steem the better! Certainly agree in going forward with projects that use it as a currency! The suggestions we talked about with users at steemfest were how to get the community focused and pooling it’s resources in one or just a few places, the suggestions I make above are an attempt to try to achieve this. Some may be difficult and we may have to compromise on some. But I think it important to have a strong foundation that make collaboration and value creation easier. I would certainly put Ebay and Etsy type projects on the project funnel so that anyone visiting the funnel could see that the project is ongoing and hence they could offer their services to help with this project... I am open to criticism on this, if u have identified things we have overlooked....

I'm no expert so I don't have any great criticism to provide. It's just it seems like there would be potentially more value in an Etsy type platform than in art futures for example... not that both couldn't be valid and valuable additions to the steem ecosystem. It's just that in these early stages it would be great to focus all the talented and creative people on creating the thing(s) that will have the most positive impact.

p.s is it Troy Deeney? ;)

I agree, and this is exactly the reason we need a kind of project funel so the community can vote and decide what are the most important things going forward, highlight them such that individuals with the means can voluntarily provide their resources to make the projects most important to the community happen