The market is there so the challenge is penetrating it. In the past, Musing.io tried it without a great deal of success. I do not know what took place with that application but we must remember there are many reasons why projects fail, even if the idea is good.
It was wildly successful at attracting users from within the Hive ecosystem. The rewards were pretty good. At a time when the reward pool was dominated by bid bots and a few whales Musing was like a breath of fresh air.
But the success of the platform relied solely on its 1 million SP delegation from Steemit, Inc. When Ned to it away, the Musing fell apart. The team was powering down constantly and was incapable of compensating for the loss of Steemit's delegation with large upvotes of their own.
The worst part of it was that all the top-level answers were stored on a centralized proprietary database controlled by Musing. Only links to the answers were stored on chain. Musing.io was thus the only front end with access to the content and only the comments to answers were immutable. It was clearly an attempt at exploiting the reward pool.
Hopefully the Quello team avoids some of the same pitfalls.
They are giving the users the option of making their answers visible in their blogs, so I guess that will be covered.
The premise of getting rewarded for posting and answering questions is a simple yet effective concept. In my mind, it makes a lot of sense and something like this should take off. Often, the simplest ideas are the most successful.
Breath of fresh air? More like a breath of fresh pig diarrhea.
It was probably the cringiest thing to have ever existed in the internet. People were asking and answering the dumbest things ever in an effort to chunk out as much content they could in order to leech that sweet steem delegation.
Honestly I tried too leech too but my answers were well thought (most of the time), honest and often humorous. Yet, I never got a nice vote. All votes went to spammers shitposting thousands of nonsensical answers that seemed like they were written by kindergarteners. Even bid bots brought more value then the joke called Musing.
Musing was literally cancer
You know what was cancerous on Steem? Bid bots controlling the majority of the reward pool. Back in 2018, Steem was a shit show content-wise anyway.
For the distribution of Steem Power, Musing was fantastic. And I hope most people have grokked the difference distribution makes for DPoS chains.
I saw a lot of good answers getting great rewards.
Thanks for additional insight on some of the issues they had, as well as providing an insight into what you didn't like about their implementation. Enjoy reading your comments.
Apologies for some duplication in previous comments to yourself, but think other readers may find value in this reply too 👍
I think the road to building a platform that users love can be bumpy and in the past delegation has been easy to blame. Before any kind of delegation and curation by Quello, it's important to have a solid foundation that users can enjoy using without just the rewards (from a Quello delegation). Let's face it, enough people use Quora and they don't receive anything, it's because they find the content valuable.
As mentioned, I'm sure there will be problems, issues to solves, but as my background is largely leading product teams I'm a firm believer in iteration and by listening and working this community, anything is possible.
In Quello, we'll be doing the opposite, all posts (comments or root) will be stored with enough information for them to stand on their own on the blockchain, and within our internal database, we'll be storing references simply to allow for flexibility into how we rank the questions and answers.
Your comment yesterday did make me think further into how more could be stored on-chain and think I have some improvements I'd be able to post MVP to extend that.
Once again thanks for your feedback 👍
@tobias-g
Thanks for the detailed coverage of what happened with Musings.
It does seem like the lessons of the past are being learned and new ideas implemented.
This is an application to watch closely since I do believe it could reach outside the ecosystem rather easily.
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I certainly hope it will reach the outside of the ecosystem easily.
I believe it will be easier to accomplish now than, say, three years ago. Crypto is not such a boogeyman to Joe Average as it used to be. But we have our work cut out for us. It won't happen just like that. I think Twitter is key, again. If we can convince a lot of Quorans that getting paid for answering questions is better than not getting paid, then we will succeed, however unbelievable it might be that that would be an object - in my experience it has been. The lockdowns are seriously hurting a lot of people, which is why answering questions online and getting paid for it even in these mysterious and a little suspicious cryptocurrencies is certainly better than going hungry and without power. Besides, it should dawn on the philanthropists on Quora than they can still donate their earnings instead of them being cashed out by millionaire venture capitalists who buy dreamboats and mansions with them. A lot of needy people using Hive may not be good for the price in the short term but it can help grow the ecosystem tremendously leading to massive long-term gains.