As my followers know i do interviews for my self hosted cryptocurrency blog with a funny name - https://fuk.io
Every time i have occasion i give extra questions about STEEM to promote our ecosystem and the coin.
This time i spoke with Co-founder of asian exchange KuCoin - which has a great engine, loads of pairs and doesn't need documents to register. If you dont have an account there - go for it - CLICK HERE TO REGISTER. Im sure if they see new users from Steemit we will have better chances of getting added. Its a good cryptocurrency exchange with $26 261 009 USD daily volume.
THE STEEM QUESTIONS FROM THE INTERVIEW
Kingscrown: Did you hear of Steem? What do you think of such decentralized content platforms?
Johnny Lyu: Yes, I did. It’s a great attempt of decentralized content incentive platform. But frankly, there is room for improvement.
For instance, if it’s quantity-driven incentive mechanism, really decent content generators might be marginalized; accordingly, it will be much more difficult for new comers to get on readers’ radar, as the “veterans” will always stay on the top of the ranking list.
Minor modifications to incentives and governance might be worth considering, for example, allowing large-scale token holders as major nodes to screen out good contents.a To get qualification as “editors” these nodes need to pay or deposit tokens, but once the selected content turns out to be quality ones, their input would pay out.
KC: What would it take for STEEM or SBD (its theoretically USD pegged coin) to get listed on KuCoin?
JL: Oh, you are interested? We have a professional listing team and complete internal review system, I can help to connect you guys.
Whole interview with rest of questions - https://fuk.io/exclusive-interview-with-johnny-lyu-of-kucoin-exchange/
KuCoin Markets
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Let’s hope it gets listed and sparks a bull market for steem
i have a direct line, like to many others. but nobody from STEEM INC even bothers to read this or upvote...
I just gave it a full upvote... we need more liquidity and we need more business’ and dapps... i really think we can spike up in price once there is a shortage of liquid steem...
i thought u always give me full upvotes....
Yeah but not always 100% :D
Hi - We've actually engaged discussion with KuCoin previously, along with many other exchanges. Please see @elipowell 's comment on this thread. 🙂
Thanks for doing this interview, nice work!
Great interview @kingscrown, and the ideas, Johnny Lyu. Steemit has a roadmap that addresses most of these issues and will be sure to consider all the great suggestions from the community. We are also very active, and always have been, with reaching out to exchanges. Many require hefty listing fees, but now with advertising options we are working on some cool co-marketing ideas... including with KuCoin! Hope to see Steem listed with KuCoin very soon.
thank you!
That is very exciting. Thank you! Are there any plans to reduce the programmatic selling from the Inc accounts now that advertising revenue is established?
And now that Mira brings the costs way down.
Great to hear, especially for newcomers to #steem
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I just got to peek into Steemit's top secret roadmap:
Yeah, that’s right there are a lot of veterans on Steemit, as you said it will be more difficult for new accounts to be on the radar.
Because if they don’t have a high reputation and don’t have Steem to make a promotion maybe they will disappear in a short time. We can understand with a small high reputation is difficult to be a little bit on the top for an instant..
Thanks a lot for the great interview @kingscrown
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yeah he knows what hes saying for sure
He is not a fan. List on 50x instead
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Wonder why steem inc. doesn’t try to get listed on lots of exchanges? Thousands of shit coins has more listings than steem and steem been around for almost 4 years. 🤷🏼♂️😂
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no idea.. i was making first posts about lots of exchange listnings and ways to get there - even binance.
I've always wondered why our community does very little to market steem outside of steemit.
With as long as steem has been around, you would think that the content would have a decent chance at straying from cryptocurrencies. Not only that, but the top content creators can take on badge titles such as @kingscrown. The incentives for participation really do seem to be centered at the top. Maybe once this is fixed, as Johnny Lyu said, steem will be able to get some momentum.
There is really no need for the steem to be listed in almost all exchanges, especially on exchanges that do hold the keys for their users.
It cost money to be listed on exchange, for example last year the community on binance voted for steem to be listed on binance but binance demand steemit inc to pay 1 million dollar,im sure other exchange will charge too, some smaller exchange wont.
i own some Kucoin, I like their exchange and the added passive income as well.
having steem on there would be great
I just seen a couple of steem vbloggers who created promotional materials to advertise steem using their own money.
I wish the devs behind the steem coin will also do the same thing.
the more the merrier :)
ALWAYS!
The interview sounds very much interesting and I actually agree with the CEO of kucoin on the issue of improving visibility of new content creators who do excellent jobs and don't get noticed. Though the mechanism proposed by the him sounds centralised, it will be worth it for a try at least
thanks!
He makes some fair points. However whatever choice you go with it’s never going be perfect. Even having “editors” will have the issue of bias and people wanting one group of amazing content creators over another. Just look at how YouTube is going they are heavily promoting main stream trying lure them to their platform. What is consider decent content is high speculative.
Johnny Lyu has some great points regarding the potential of Steemit and viable improvements that can help get STEEM where it belongs.
Yet the conversation is on getting listed on an exchange which is NOT going to help appreciate the price of steem as those improvements would.
Trying to redirect the conversation here to what is important.
Good explanation. It's hard to get good people like you.. Thank you brother
That would be awesome if Steem and SBD can get listed on Kucoin. I really like their exchange. In particular, getting SBD listed on another exchange would be great.
oh yes SBD needs more spots
Seria lo mas optimo que apareciera en Kucoin, valorizaria la moneda y mejor opción de intercambio. Igualmente en otros exchanges con Binance.
Kucoin is a very good exchange.thank you so much. Let’s hope it gets listed and sparks a bull market for steem.
The full interview was really interesting. KCS was a really well thought out idea
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@kingscrown That would be fantastic! If we get Steem listed on more exchanges. The more volume we could build the more excitement and I feel the more users we can attract. Is there any way of telling if the people developing and maintaining Steem are actively pursuing getting this coin listed on more exchanges?
im doing my best since years here ;)
Awesome stuff @kingscrown. If you ever want to send any of these interviewees my way to come on the ScaredyCat Investor Show on MSPWaves I'm game. I have no problem sending you a copy of the audio to use as you please and can always throw at courtesy of fuk.io in there.
i rememeber about you but for now all interviewers want text ;)
Ah, Steem on Kucoin, not a bad idea. 😊
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I remember those times Steem had much greater volatility than this Kcoin
I’m surprised at his response to what he thinks of Steem. It seems like he’s given a lot of thought to improvements meaning he must really like the overall idea. I’m guessing if the people behind Steem wanted it we could get listed.
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if you read whole interview on the site you will see he answered even other questions that seem hard in a great manner. im really surprised how great interviewer he is!
I’ll have to! I assumed the bold text was part of your bottom addition to every post and skipped over it. Thanks for pointing it out 😊
How do we vote for a steemit listing on kucoin?
this is great article @kingscrown
with huge information
Kucoin is a very good exchange.thank you so much. Let’s hope it gets listed and sparks a bull market for steem. thanks
We have the same initials😋
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EW? :D
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thank you for the info, hope you get the convenience
how can I do it ... from where I will start, HELP ME
it inspires us more knowledge on this
Steem should get listed in more exchanges. It will increase the demand and price. Why is STEEM not doing it?
Kucoin is a good exchange. Hope for listing Steem on Kucoin.
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KuCoin would be a great place to be listed :) I think steemit does only list on "bigger" exchanges which are trustworthy to create an exclusive feeling?
I used to love kucoin, it was my favorite exchange. I eventually moved to bittrex and binance since a lot of my volume was in steem.
There's some hope for Steemit
This post has been resteemed!
Good luck!
Dear #kingscrown
New token cryptocurreny blog will be good for the new community. Good air will start in the book maybe. Let the newers taste the innovation, thanks to this.
Congratulations @kingscrown!
Your post was mentioned in the Steem Hit Parade in the following category:
Wow amazing
Congratulations
Steem is a sleeping giant. It can easily get listed but when your consumer don't know the immediate proprietary value of your product it remains priceless.
Hi @kingscrown!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 7.347 which ranks you at #41 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 197 contributions, your post is ranked at #4.
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This guy looks like he would drop $1000 a hand on Baccarat
Looks like he already has an idea for Steem lmao..
Great to see positive input and ideas on how to grow #steem
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I feel like i noticed this on my skin as well.
I know what my reward max per post is. I have 1 orca account supporting me and i get a semi regular Dtube upvote.
That is my limit which is the case with many video creators/musicians here.
Now, since my videos take time to make, set up, prepare the song vocally, learn the lyrics, prepare the song for violin, write down some notes if necessary, record it, take it home, edit the video, master the audio as best i can, upload everywhere, etc...
It can take a lot of time to finish.
So you put a lot of work and you just cant compete with those that can post more, write a few hundred words, be more consistent. etc.
Because the reward mechanism is so broken my content is discovered less and the voters dont really have a incentive to vote me. Why would they? I dont write about steem and i dont have a lot of SP.
So really it comes down to doing the least you can as much as you can.
One of the reasons why i only do covers, which still take plenty of time.
If i knew there was even a possibility to get rewarded beyond what Dtube rewards me with and the extremely supportive Orca id create professional grade videos and put in a lot more work.
Unfortunately thats not how STEEM works. :(
Very good poost