This is certainly a great step forward for decentralized videos. But it is just an intermediate solution to collect adequate long term earnings with a high quality video. As you said in the interview it is fantastic to create a revenue stream right away and this post here proves that.
But from a content creators perspective some videos deserve more than just seven days of potential upvotes. Does anybody here know if you can create an alternative payout plan with a 3rd party Steem app? I am not sure if a longterm solution is even possible with Steem.
Or if a system like LBRY isn't the better solution because they use their own currency optimized for exactly that: longterm earnings with videos.
Well, as someone from YT who has over 300+ videos, I can tell you almost none of them make any money after the first week.
YT's algorigthmn pushes your videos up to the top of the list if you have a lot of followers/likes/views in a short amount of time within a video being released. However, after a few days, once the views and the intial surge die down, your video gets pushed to the middle/bottom of the list. Meaning that when someone types in a phrase similar to what your video is, your video if it is 4 or 5 days old likely won't show up(unless it had hundreds of thousands of views, or not many people upload videos like it). For the most part there are always hundreds of people making very similar content who are in the high tiers of owning the phrases, such as "prank videos" or something. Those top few hundred people always are pushed to the top, but if they don't make a prank video for a week, their videosstart to de-rank.
YTis constantly looking for fresh consistent content.
On almost any of my videos I do not get more than 10 to 20 views on anything older than a few weeks(Ihave 5k subs and good search results too).
So it isn't too far off base for onnly being rewarded in a 7 day period that Steemit limits you to.
I do have a few exceptions, where some videos continue to do well because it is of a certain boss in a PC game that people want loot from and what not. But even those videos don't get more than a few hundred views extra/month and that is with a way larger population than steemit has(Ithink active 30,000 or so).
LBRY is probably better, but for the most part people don't watch older videos(Isay this in the macro term, like 95% or more of your views happenin in the first 3 to 4 days on YT).
Still, it would be nice to have continued earnings through another app as you say. Maybe as other have said, send a tip or something or someone makes another app.
I mostly agree, but I still earn on videos that are over two years old. It all depends on the validity of the content. In my case, my content stays relevant. Occasionally I will have to push, or reintroduce some videos by placing links, but my blog also helps to generate new viewers and subscribers. ATM, DTube cannot replicate that.
Very interesting, I didn't know that about YouTube. That puts things into a different perspective.
I've noticed the same trend on YouTube as well, the recent algorithm changes are all about freshness of content for sure
That's great knowledge. I thought we need more time to monetize but 7 days same as Steem.. Hmm.
I looked at the DECENT project since say you were to make a documentary than obviously you are looking at a much longer curation time window then 7 days. What do you think @truthforce? Btw I'm truthispower on bitchute haha
An easy option to transfer Steem/ SBD to content creator is the natural thing to do. We also have @tipu that people can use to quickly send a tip to a user.
I don't think many users would be willing to pay to watch videos tho when they've had it free for years. Even on a platform like steemit where people can earn easy money tipping is not really popular.
Maybe put a SBD paywall half way through the video to watch til the end but still skeptical about this.
I suggest everyone read this https://steemit.com/steem/@dan/steemit-s-evil-plan-for-cryptocurrency-world-domination
please follow me and vote me i will to you thanks.
https://steemit.com/technology/@comingfirst9/huge-change-in-technology
Couldn't DTube just create another post every 7 days that collects the rewards? This all could happen at backend, right?
I think so. You would just have to add up the previous votes to keep the total count of thumbs up correct. Separate from the real voting, that is, which would obviously not be repeated.
I don't know, but I'm sure this "problem" will be addressed
https://steemit.com/usertesting/@comingfirst9/usertesting
Please stop spamming.
That is my concern too. I don't think big YouTubers will rush to Dtube. For daily vloggers it might be just fine with seven days "monetizing", but for creators that use days, or even weeks to create good videos, it won't be a good solution. I fear it will be lots of crappy videos, at least in the beginning (which is bad because it might scare people from publishing. However, I think this is the beginning of something big.
I agree with this @dieterschneider - the 7 day monetization is a real turn off as long articles and videos take a lot of research and preparation before they are ready for publishing hence the quality of the posts and content is deeply affected. Other than that I think this is a great step forward.
Yeah, I think it already shows unfortunately.
LBRY is great too, but it's more like a combination of Video uploads and Patreon isn't it?
I am not sure exactly about how LBRY works. I tried to install the new beta but the client doesn't work on my PC. But it sounds very promising!
That's a bummer. Works ok for me mostly, but there are some issues with the initial buffering of the stream which sometimes prevents it from ever playing.
Either way, seems to me that it's built for a different purpose than dTube.
Yeah, it has to do with my Windows name using a non-English letter. LBRY doesn't allow that. I created a new useraccount and it works now.
This great point applies to posts in general, not only videos. The 7 day limit is inconvenient and arbitrary from the content creator's perspective. It is justified by the crypto aspect, though. Steemit ends up being a crypto system with a social network on top if it. Which is great, it's helping me a lot in my journey into the world of cryptos. But for the blogger or vlogger it is very hard to digest the 7 day limit.
The replacement for YouTube should utilize Basic Attention Token.
Why not both?! Steemit lacks advertisers, if advertisers use BAT on Steem it would generate value for both
Making it compatible with BAT and with Wildspark would be great, if practical.
I totally agree, and to keep it short, I think the concept and idea are there, however, it needs a bit more in the form of incentives for content creators to really "switch".
Totally agree. But in the interim, DTube would provide great exposure to one's YouTube channel.
This can be done. Clumsily. When the 7 day period is over, the video is reposted. The service provider could do this automatically, maybe even unnoticeably.
That would result in a lot of spam and followers would be annoyed to find the same videos on their walls week by week.
True...