steam around steemit - understanding the curves of a scam or greatest thing ever or what is it between?
I've received some various feedback about steemit. This article of most recent and I was wondering what current users think of the points made here: http://www.libertylifetrail.com/2016/10/23/steemit_started_as_a_scam_and_only_got_worse/
I do not yet have a formulated opinion, as I haven't taken sufficient time to understand the crypto currencies in general or the algorithms involved in these kind of content-creator sites ... if that is technically what they are? I am requesting your opinion.
My goal? I'm simply looking for places where I can create content (ala, writing short to longer articles, sourced or extemporaneous, and ideally get some cash back). By cash, I do mean something that I can spend, at least somewhere, sometime, in some roughly predictable enough way (accepting some fluctuations) in order for me to decide if the platform is worth the tie building up whatever needed following (or by whatever other means one must 'pay dues' to get compensated).
So, perhaps this discussion is best had in categories by who is commenting: Whales, dolphins, or minnows?
From Whales, it would be useful to know how valuable you are finding this experience (usable funds-wise), how long you have been on, and how much average time you spend per day or week.
thanks,
swimming along .... little bit sideways
(not a flounder)
My "inside" source said it was a great proof of concept but poor planning and execution. I personally love it and came in at 16 cents but that is relative really.
The below is the next up but the project seems to have stalled a bit.
http://akasha.world/
try hubpages
I just read the article you linked and it actually makes me more hopeful for Steem. While the points raised are valid, many of them have been addressed, showing that evolution and positive change are possible.
Inflation has been curtailed. I think this will begin to distribute power to more users as whales do not inherently have an edge in content creation rewards. Whales formerly did siphon much of the newly created Steem when earning such a high rate of interest on SteemPower.
There are more sites (and more on the way) that pull from the Steem blockchain. While any individual site can set up rules and alter how the content is displayed in order to create de facto censorship, the blockchain itself is uncensored.
The bottom line is as Steemit, or the greater steem system grows, it's really no different than the internet in general. The chances of success in terms of earnings, followers, etc. will be no different than starting a self hosted blog and monetizing through affiliate programs, ad revenue, merchandise sales, etc. It may provide a great integrated tool set, but serious individual content creators will succeed on the back of their own marketing and engagement with their community.