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RE: Twitter just changed Steem's value proposition

in #business10 months ago

Unfortunately, STEEM's "get paid for your content" already lost its strength significantly when "delegate and get self-vote" service dominated.

In my opinion, the only way to effectively counter this situation is to use the same reward amplification(or exploit, depending on how you see it) mechanism for supporting others. That is, "delegate and support others" service is needed. Or, as you mentioned above, you could "delegate and support your fans" with the same mechanism.

That's the main reason why I came up with @jsup service. For STEEM's long-term growth, we need to direct rewards to others rather than oneself. I think that's why STEEM's upvote existed in the first place.

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I have said for a while that (audience plus rewards) is more valuable than (rewards alone). If we want high-power influencers, we have to figure out how to connect content creators with both.

The nice part of the "delegate and support others" model is that the delegator can insist on a certain level of quality, and that could potentially attract an audience.

I agree. We need to connect people. Steemit should be content creation/consumption platform rather than token mining pool.

TEAM MILLIONAIRE.
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