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RE: Introducing Promoted Content

in #steemit8 years ago

If it really is a good post that just isn't getting enough attention, then this system should certainly help. Should be interesting to watch prices evolve.

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exactly what about muted accounts? will they still show up on promoted?

good question.....

That is why I've said I'll give it a try even though I'm not a big fan of the idea.

I like the idea that the spent SBD will actually get burned, so it will essentially provide additional usability for them as well as reduce the supply available if the feature catches on.

 8 years ago  Reveal Comment

Spending $1M dollars to get influence to boost a single post is not smart. Paying $100 dollars to promote a single post is much more economical.

The only reason to buy Steem Power is for Long Term continuous promotion and/or speculation. It just isn't a compelling sale to advertisers. Also, think of the minnow author who wants to get discovered, he can pay $100 once on a really good article and build up some followers.

For many minnows that $100 is a stretch, unless you pay cash money for steemdollars to start with... You'd have to really back yourself if that's all the steemdollars you had, that's for sure.

yeah, the chart data doesn't look very good.....

It´s a good idea but if you are from a part of the world were $100 US equals to 2 or 4 weeks of a regular salary......I don´t think it would make a difference (especially if you are just starting out in the platform).

I'd guess that an ad agency would be much more inclined to "rent" Steem Power from a whale (that is, directly pay for upvotes) than to buy their own SP. Now, they can cut out the whale middle-man. As a bonus, the promotion now becomes totally transparent.