RE: Explainer: Value Flows on Steem with SMTs [VIDEO]

[heymattsokol]

Official steemit curators would increase the amount of centralization on the platform, and would do nothing to address the issues laid out in ATS-David's comment.

also you can't arbitrarily add "20% on top" as an affiliate reward, as that would increase the currency's inflation rate by 20%.

Comments

[w-w-w]

Hi heymattsokol. Thanks for your reply.

1. Centralization - no. This work may be paid from the existing Steem hold in @steem or other company related super-accounts. May or may not be done by witnesses (bad work - no community support). And the daily amount of voting power required is low even with the current Steem/USD rate... after this thing works it will not anyhow add to centralization.
2. This is in addition to development issues discussed by @ats-david. It is about how to make Steemit and thus Steem big using marketing side very quick. Tech side is also welcome for sure, but this marketing decision would be quick and efficient.
3. Even if it is, who cares about 20% if this is the way to increase Steem value by thousands of %.

I see this as a great marketing decision and will be really upset if @ned will not even read it. If @ned reads it, just thinks it is not suitable, fine, but I need to inform about this opportunity as it is also discussed with a number of other good online marketers and everybody agrees this may skyrocket Steemit with very low effort.

[heymattsokol]

"Even if it is, who cares about 20% if this is the way to increase Steem value by thousands of %."

I'm sorry but if you believe that increasing the inflation rate by 20% is something that people shouldn't care about, you are not thinking clearly about this issue.

There's no rational reason to believe that such a decision would "increase steem by thousands of percent" - if only it were so easy.

[w-w-w]

There are many reasons to expect great results. For example, don't you think such a marketing approach:

1. will stimulate people to invest their time to MUCH better content, including comments?
2. stimulate tons of new users to register and to add value to the project knowing anyone can earn well from the start - just deliver the quality content?

Referring to TOP-30 posts/comments idea - this is super easy to implement, no risk at all. Referring to Affiliate Program - depends on where to get those 20% affiliate reward... but do we have any other idea how to skyrocket this project cheaper?

I know for sure - when a project does not have a huge marketing effort for daily promotion across all media channels, just do a non-greedy Affiliate Program. The more you share with affiliates the better - they will skyrocket your project. For example, IQoption - the largest trading website in the world - appeared from nowhere, became #1, billion dollars in turnover. Why? They were not greedy and offered 50% to their affiliates.