I've not personally done the data but it's from lengthy Discord discussions amongst witness' and developers on Steemit. New user retention is Steemit's biggest problem, but the focus is on SMT and a colour change.
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Its probably because when people show up they are bombarded with low quality content and nobody takes them seriously or upvotes them. The main misconception is you have to pay for bot upvotes to do anything.
That's true, but the curation thing is kinda broken/dead/manipulated. I spoke to a long time witness today who explained how the early days were a different story. Bots are almost essential to build steem power. I'm not posting shit but I'd like to get to a place where I don't need bots or upvote accounts anymore. Those with niche content don't get anywhere. It's essential until they reach a point where get engaged supportive followers or they can upvote themselves.
The thing is, this tends to be a problem for all platforms where the goal is to make money. Try being a Youtuber or a twitch streamer and you will tend to run into the same problems. Discouragement ect.
With steemit you do at least have the option to self upvote but that's kind of weird honestly. I wonder what Dan has in mind for the steemit competitor on EOS. I BET you that the problem is the people on the platform and not the platform itself.
We need people with tons of steem power to actively seek out and moderate the platform through a method of positive reinforcement.
An honest system that rewards users could work, but that is what the top witness should be doing and we know that they and steemit inc are not really upholding to that with integrity. EOS may not be a saving grace. Who makes a competitor needs to really think through the whole system again otherwise history will repeat itself. I would upvote back, but I'm very low. Need to recharge.
I do agree with you though. New users who come here see Steemit drama getting $$$ in addition to the low quality content of colour challenges and other rubbish that is neither any hallmark of a would be entrepreneur/ content creator. It takes time to wade through to find your interest. Only those persistent enough tend to make it.
Its up to the Dolphins and whales to actively seek out content creators. But we also need to have people use the platform to simply talk to each other like Facebook as well.
Steepshot is doing well at that. ONO will probably set that standard for "Facebook". A problem is a post needs to be an essay to be worthy of an upvote. This attitude needs to change but Steemit has no bounds. Maybe on EOS simple posts and comments could be capped on rewards so it doesn't get out of hand. Dolphins and Whales won't seek out content. It feels centralised at this point and there's not enough of them that are really supporting niche content to make Steemit a real diverse place for a multitude of people to want to stop by and read / watch stuff.
I think the magic will happen when we get a wave of mid tier plankton you can drop 10-50 cent upvotes en mass. At that point the number of people who enjoy the content will match the value of the post.
One of the things right now that is going on is that steem power is very top heavy. Even someone like me who is just an early adopter is in the top 1% of steem power some insane crap like that.
But if we can get a nice layer of plankton on to the site then it will be more of a meritocratic environment.
For now I stick with people I know from the start and help upvote so we journey this together. Curation is weird as there's no return, better to support friends (who post good stuff).