I love Steemit, but there are things that we need to be doing to avoid a crash like last time Steem pumped.
Being a part of the Steem community for a good amount of time now, I feel like it's time I throw out some suggestions I have for the overall platform. I will be going over them one by one, so get comfy and let's do this!
1. Development.
The main problem I see with Steemit at this current point in time is the development progress and speed or lack thereof. Don't get me wrong, I'm not saying that our witnesses and developers don't work hard. What I do believe is that all us users of them Steem blockchain are expecting huge growth to happen in this space. In fact, we have seen immense growth within the last month or two coming from the last hard for that kinda made the rewards pool dry out for quite a but of time (and while we are on the subject, shout out to all us users that stayed strong and fixed that whole mess). To get back to point what I am grasping at is that the speed of development is not matching the rate of new users. Let's all be honest here and remind ourselves Steemit.com is actually just a knockoff in between design of Reddit and Tumblr. The only reason people decide Steemit over other social media platforms is the great community and the rewards. Being a music producer and record label owner, I could easily dedicate all my time to Twitter and Facebook optimization. I actually deleted my Facebook page awhile ago, for the sole purpose of investing and using Steemit for my main online marketing. So answering the question you currently are asking me in your head, yes there is a reason I chose Steemit which is not for the amount of engagement, but for the concept of the block chain itself. Regardless there are thousands joining Steemit this month, and if we want to keep people interested I really do believe we need one certain thing to shoot Steemit to the moon...
A complete major overhaul of Steemit.com and branding.
I will leave this up to interpretation, but I believe the Steemit website needs a complete and massive overhaul. Any ideas in the replies are very welcomed!
2. More integration with different types of content creation.
This is going more into detail on my first point. Let's start with this; the way I see Steemit is being geared and pushed towards content creators to make a decent profit on their work. Also not worrying too much about website building, SEO, and social marketing. I love this concept overall, but the problem with this is that there are so many different types of content in this world to be created and consumed. To elaborate on this fact I'm considering making more specific ways to reach your targeted audience on Steemit, and not just one overflowing news feed. Kind of like the way subreddits works in a sense. I will make an example of this with a feature I would love to see on Steemit.
Video hosting and live streaming
The great thing about integrating this into the Steem blockchain would be targeting YouTube users and Twitch users that rely on ad revenue as well and sponsors. If you don't have enough following and influence on these sites, you won't make anything close to a livable income. Though, let's say your content is quality and deserves to make you profit. Video hosting and streaming could allow for anybody to upvote the same as blog posts in my opinion. Not every "Let's player" or video producer wants to take up writing as well. Like I said before, branching out into different areas of content creation instead of just writing. In turn, this will bring us closer to mass adoption as well. Maybe Steem could partner with an open source streaming service like OBS?
3. A better monetary system
This is self explanatory, but let me elaborate a little bit. Right now for the average Joe, it is pretty difficult to take your earnings from Steemit and transfer it into your local currency. I feel like integration with Coinbase or just cashing out your earnings straight from the Steemit blockchain would be AWESOME!
While I'm hitting this point let me touch on one last thing
The SBD must go and we have to find a way to leave it behind us.
While the SBD was a fundamental part of the Steem ecosystem, I feel like we can safely put it behind us going forward. I am not going to go into details acting like I know too much about this issue, all I understand is that the SBD is not living up to its original purpose. When things don't do what they were designed for it's time to shed some skin.
TLDR;
I think Steemit needs to rebrand itself and catch up in development with the amount of growth we have had recently, I'd like to see a video hosting and live streaming. Also, easier way to use the Steem currency and rework of the SBD
That's about all I have, for now, if you believe in any of the information I talked about please upvote this post. Anything with enough support will get done one day. Just for clarification, I know very little about development, but I do know much about business. There are my own personal opinions, I want to hear yours as well in the replies!
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In order for the overall system to improve, individuals need to do actions that are not only repeatable but also scalable. Think about it this way, if each person only did things that, when done by every person in the system, makes the system better, then the system gets better. It's the exact opposite of why there is a huge backup of cars waiting for 10 extra minutes on the freeway because the guy at the front of the backup paused for an extra 10 seconds to look at the fender bender on the other side. Each person waiting 10 extra minutes in the queue is upset because the jackass in front is gawking, but once they have been force by another to wait, they feel entitled to also take an extra 10 seconds at the front to gawk, thus perpetuating the cycle. That is negative emergence. If everyone were self-aware enough to only do things that are positive when scaled to the whole network, then the network will absolutely become much better, smart, and more efficient.
I like your analogy here, thanks for commenting brother.
You make a lot of good points!! I have come to Steemit via youtube to learn more about the blockchain and cryptocurrency, which is what I see as Steemit's greatest value going forward. I too abandoned Facebook, and though initially, Steemit seemed a little overwhelming and hard to navigate, that's not my biggest concern as a non-techy-newbie. It would be awesome if Steemit could provide a better monetary system, or just partner up and establish an easy to use interface with a trusted p2p exchange. (I've used and can recommend Wall of Coins for BTC, and would love to see them add more crypto - especially Steem!)
Agreed, I say let's shoot for Coinbase by the end of this year. It's up to everyone though, not just us! We all have to play our part. Thanks for the feedback, and good job for leaving behind Facebook. My life has been better without it.
I think most of what you're looking for is very much on the way, and more! ;)
Awesome!
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I do agree that we need a major UI overhaul but I'm not sure whether we will ever get direct video hosting and streaming - the amount of servers needed is insane.
I hear where you're coming from, but couldn't we utilize witnesses for that? Or have specific witnesses just for that case.
I think you seriously underestimate how much space and bandwidth video-hosting and streaming actually requires.
Just an example - one of my videos that's at 1080p 60FPS that's 14 minutes long has a size of 0,784 GB - and that's a not very long video, though it is very high quality.
I don't know much about server hosting so don't destroy me too much about it xD I'm just talking down the road, anything is possible. If people want Steemit to actually grow how they want it to grow. If we wanna take over social media platforms for content creators we're gunna have to get there eventually.
There are plans for a blockchain based video service - called SteemQ BTW - but I doubt Steemit.com will directly incorporate video hosting itself - it may just implement embedding videos from SteemQ the same way it does for youtube now.
It should be possible with side-chains, using this 'fabric' architecture we have heard so much, (and so little) about. I hope it's possible, because it would be epic!
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