My Vision for Steem

in #steem5 years ago (edited)

This is my response to @llfarm's post What Is YOUR Vision For Steem?


steem.png


My vision for Steem is for it to be(come) a platform, which:

1.) incentivizes people to buy STEEM & hold it as Steempower.
2.) incentivizes developers to build their apps with STEEM OR to integrate STEEM.
3.) attracts millions of users via a low entry barrier.
4.) distributes its inflation primarily to users who are bringing value to it & who are developing/enhancing it.


How do we achieve this?

Let me start with the perspective of an investor.

Currently, STEEM is sadly not an obvious choice for investors due to its somewhat-high inflationary model (which is not directly given out to the stakeholders) and the non-straightforward way for stakeholders to earn with their stake. (investing in bid-bots is "baaaad")

Besides that, the image of Steem is also not as good as it should be. While we do have talented developers in the ecosystem, building projects that are enhancing the value of Steem, the core image of Steem is quite poor. Many people see it as the predecessor of EOS and judge it by missed deadlines (e.g. SMTs), cover-headlines (Steemit Inc. 70% layoff) and it's not-updated flagship - Steemit.com.

The confusing situation around "who is responsible for Steem" isn't helping either. From an outside perspective, dan & ned created Steem (in addition with Steemit.com). While dan has obviously moved on, ned seemingly also transitioned away by resigning as CEO and tacking on the chairman of the board. I'm not sure what exactly this new job includes, but his account, previously holding millions of Steem, is pretty much empty. His activity on Steem? Non-existent. (Imagine jack, the founder of Twitter, wouldn't use his own platform to communicate. Or Jeff Bezos wouldn't hold any Amazon stock. Would be pretty weird, right?)

While Steemit Inc's. new MD/CEO, Eli Powell, is doing a great job, it sadly doesn't change the fact that from the outside it looks like the two founders of Steem, have moved on. And there is only so much Eli is able to do, to keep the ship above waters.

Before you get the idea that I'm pessimistic about Steem's future, let me stop you right there. I'm not - I still believe in Steem. I'm simply radical honest. And we need this radical truth in order to make sure that Steem becomes the platform we want it to become. We don't need more BS; we need changes.

So, what do I have in mind?


Running the proposal system, developed by @blocktrades, as fast as possible, which is needed to fund changes that we need on Steem. Which could include:

  • Increasing curation rewards to 50%
  • Developing a system that splits stakeholder rewards & rewards for participating on voting/downvoting, which then hopefully cleans up the trending page.

Changes like the ones above will obviously require some stake-weighted voting and fruitful discussions, but we can't just let things run as they are now. Some of those decisions might not be perfect, but with iteration, we'll get there; and most of that is better than the status quo of Steem literary falling in value steadily.

Honestly, the fact alone that @blocktrades developed the proposal system as fast as they did, should show all of us, that we are able to change Steem, we just need to talk less, make some tough decisions and do more.


Do you believe that my work is valuable for Steem? Then please vote for me as witness.

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Such changes that you proposed should be rolled back automatically at a fixed date which is decided before the implementation.
Only if the community likes the changes (let's say 3months testing) they can vote to NOT roll back the changes (stake weighted of course). It should also be a mandatory vote. You cannot access your account unless you voted first.

I think the biggest challenge is that people fear that it might make things worse without a chance to get "the old" steem back.

If Steem increases curation to 50% they have to get rid of curating bots. To do this, maybe you have to upvote 100% if you have less than 500 Sp, and at least 10% if less than 5k Sp or something like that. Or, limit accounts to 10 upvotes per day with an increasing amount for the SP you hold. Furthermore, pay for comments and curation. To tell you the truth, 25%bis already a lot, stupid bots upvote our posts for 1/1000th of a steem or less 50 times before anyone has the chance of reading our posts. Until this ends I can't support more Steem going to voting. We should also be able to ban accounts from curating our posts easily, say no one under 25 rep or who has less than 100 posts, etc.

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A good vision for Steem. Thank you for continuing to support the Steem community!

I’m really enjoying seeing the vision of those who are developing and investing here, as I feel attracting and retaining them is vital for the future.

I agree with the image of Steem, which is unfortunate as I think progress has been good lately.. but how would anyone know that 🤷🏻‍♀️. It’s very disheartening when those who should care the most seem quite apathetic, at least from the outside looking in.

Thanks for this. I think the different perspectives will help us all be able to find a cohesive vision that we can run with.

Wolfie is a trustworthy fellow. Reality is that the steem blockchain is miles behind. Steemit Inc. is non-existent. We have no SMT, we have no Smart contracts, we can not scale, user retention sucks, Steem/Mvest rising is also not helpful for newbies. I could go on and on.

The most important is, we can't compete, it is only talking heads, the steem blockchain is a failed experiment, the steem blockchain is broken beyond repair.

Wolfie is spot on:

What's next? EOS? TRON? ETH?

Oh come on, too much FUD 😉

The tech here is good, the community is good, we have the best dApps and the chain is strong (even if we still don’t have SMTs) ... what’s Tron got that we don’t? I think failed experiment is a reach but I understand the frustration.

We do need a good kick in the ass though, or we won’t be going anywhere but down.

I have no fear or uncertainty, I have doubt.

Do you have the quality of doubt which is not cynical, which is not born out of bitterness, or negligence, but the capacity to question?

Doubt comes with clarity and intelligence.

FUD! That's a dirty trick! (Laughs) You've escaped, I am coming back to you.

Help me, for god's sake!

come baaacckkkk

The doubt is understandable and I’d be lying now if I said some days I don’t have the same.

You know what keeps me going? The other stubborn asses just like me who see the potential and keep on fighting and building 🙂 ... when that stops.. we are in trouble. But in this bear market to have so many intelligent, capable and passionate people building and building.. I think that means something pretty great is on the horizon.

hodl tight my dear 😉

Hi @theRealWolf .... hoping you can help me with my @smartsteem delegation .... I tried to Undelegate the 1,000 Steempower I send to SmartSteem and understand that it takes 5 days. I have noticed that I have not earned any Steem over these last 5 days and that the 1,000 Steempower has not been returned to me. Could you help ? Maybe I am mistaken but I see no @smartsteem steem deposits to my wallet for the past 5 days + ... Do you send me the balance owing ? How does it work ?

I already quit Steem(it) a few months ago, only to return recently. There are oases that I enjoyed much in the past and hopefully can enjoy in the future. The proposal sounds good to me, I truly hope that you are able to convince the majority of the witnesses to follow.

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Ohhh, why? Was real life so boring? Did you forget why you left?

Really?

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I can feel you, I have the nickname "addicted" not for nothing.

So... it must have some "meaning" that you came back.

Your comment was misleading... I engaged with a few communities here, that’s what I was kind of missing I guess. Believe me I was shocked to se nothing really has changed... but nonetheless, communities are intact, so it’s a worthwhile time being here.

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Maybe you are right, networking and socializing... communities it is.

thumbsup

Welcome back, whatever the reasons.

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Thx

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Hello ? Anyone there ? Can you help me with a problem I am having with my Smartsteem Delegation ?

Dear @therealwolf,
ich agree with you in your points, maybe 50% curation rewards is a little bit high, but i am just a normal user with some SP, i am not a developer and i am surley not involved in technical blockchain things.
What can I do?

  1. Invest in SP
  2. Power up SP
  3. Use services like smartsteem
  4. Try to blog some interesting content in my community
  5. give curation for good content
  6. have some fun with the steemians, play games
  7. Invest in projects on the Steem-Chain
  8. Bring people to the Steem-Chain, via delegation f.e.
  9. think positive, wait for SMTs
    an many more things:)

But, I think, we need more "prominent" people on the Steem-Chain, media and more, i try this in the D-A-Ch- Community, for example we could win the in germany well-known economists @friedrich-weik to blog on the Steem-Chain now!
But we need more people like them!
And not only for economy-things of course!

The free content remains crucial in my point of view, thats why i dont like the flagging ones!
It always better to give some upvotes!

Thats all togehter should bring more "investors" to the Steem-chain, which is also one very important point.

Best regards and thank you for your smartsteem-service!
BGvB!

About 14 hours ago i sent you 5 steem to upvote this post for me but unfortunately my mistake i accidentally used the eSteem Surfer link which i understand does not work with your bot i am sorry for the inconvenience here is the correct link from Steemit could you please upvote the post or refund the 5 steem if not possible to upvote. Thank you and my apologies. https://steemit.com/treetuesday/@hangin/tree-tuesday-the-love-heart-tree This was a message 3 days ago the post i do think can not be upvoted anymore so can you please refund my 5 steem back. Much appreciated.

Please share the transaction id (which you'll find at https://steemd.com/@hangin) on the Smartsteem.com discord server: https://discordapp.com/invite/H59vTmq (for example: https://steemd.com/tx/722b1a8bb6cb925aec65fd39befbccd86a0c8d8d)

Hi @therealwolf thank you for your reply and i am sorry for the inconvenience and taking your time on this i send you the link from eSteemSurfer which apparently doesn't work with your voting both it was 4 days ago now so i don't think the post can be upvoted now so if you can kindly refund my 5 steem i will use it on another post.

This is what i got from - https://steemd.com/@hangin?page=7

hangin transfer 5 STEEM to smartsteem

treetuesday/@hangin/tree-tuesday-the-love-heart-tree

Thank you so much for your help i hope i have got the right info for you this is the steemit.com link for that post if you need that..

https://steemit.com/treetuesday/@hangin/tree-tuesday-the-love-heart-tree

@therealwolf I see your points and position! I agree, things need to change and I agree that it can certainly succeed. Here is my current beef. I see absolutely zero marketing, and what steem needs besides the things you have mentioned is more daily active users. I do sometimes follow the trending articles to find good content. But there is a ton of trash to sift through. How can Steem get more people to adopt this social channel? I’d like to see steem advertising on Facebook and Instagram and also get verified as an advertiser on Brave browser. The games are cool and the idea is brilliant. We just need to show others that it is too.

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