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RE: BidBots - THEY DO NOT DRAIN THE STEEM REWARDPOOL!

in #bidbots6 years ago

Personally, I'm quite happy with what the platform has done for me. My fiction makes slightly more on steemit than it does on all e-book channels combined. Still far from the quitting my day job lever, but that is fine for me. But when I try to convince friend content providers who actually did quit their day job that steemit is a great platform for them to try, there is one major issue keeping them from even trying and that is the inability to turn their following on social media into advertising revenues. You could have a hundred million non-member pageviews on steemit and it wouldn't get you a single cent inadd revenues.

On the flip side, you can pay 20,000 SBD for 'promotion' and all it gets is a place in the promoted tab that nobody looks at ever.

It seems so simple, really. Combine the two as part of the platform. If a non-logged-in user visits a blog through a social media link, show some of the relevant 'promoted' content to that user. Then pay the blogger who brought in the non-member content using some of the money the people promoting their content brought in. That way you lowe the threshold for the professional content creators to join the platform, pull in higher quality content providers and give the people spending money on the promotion feature a bit of bang for their buck.

I think if the platform solves this bit in this or a similar way, the gap that now gets filled by bidbots will disappear and so will the justification for using them as self-upvoting proxy. If I'm correct about this, a facility (bidbots) that curretly has the unintended side effect of decreasing the value of the platform could be replaced using simple means with an improved version of an existing platform facility (promotion) that would end up increasing the intrinsic value of the platform.

Hope I'm making at least a tiny bit of sense here.

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I like your idea of of including non-logged-in viewers, though I wonder if that might open the system to gaming from external bots. Still, rewarding authors who bring in new users or viewers in some way would be great. For example, I posted one of my recent steemit blog articles on LinkedIn a few days ago and got 168 views (so far) along with a nice list of where those individuals work. A good number of them most likely clicked on the link and read the post here. In fact, I suspect that more of them read it than Steemit users, even though it is probably of more interest to Steemit users (its a post about a web-based Steem Tag Explorer that I made in Tableau). Perhaps the easiest way to address this issue is to rapidly speed up account creation and simplify the onboarding process. I would have paid to set up an account, but as someone new to the crypto world, I found the pay options confusing. In particular, they did not even list a price to create an account.

though I wonder if that might open the system to gaming from external bots.

it will. the Animal Kingdom does not come close to how wild steemit can be. feeding upon feeding.