I'm fine with people just using something like tipU. It used to be 24 hours and then 30 days, but very few posts got rewarded in that second period. I really like the 7 day reward period we have now, and I like how it encourages authors to continue building fresh, new content today not just a post every month. Like Reddit, Facebook, or Twitter, people care about what's happening right now because if they are in the know and they tell their friends, they gain social capital. What happened more than a week ago is beyond old news.
I like the current system. If your older content is still providing value to others, congratulations! You're doing exactly what you should be doing. That content drives new followers to your blog for future financial rewards.
I think this is contextual. One of the reasons YouTube is so popular is because you can learn how to do anything from it’s rich supply of content from so many authors. If they only had the potential to earn money for the first 7 days, there would be no incentive for them to post high quality, expensive videos. If you just want to see the latest meme, update from a friend, or news, the 7 day cutoff works.
And yet... you're commenting on a 4 month old post. And I'm upvoting your comment.
It goes both ways. This is more like Reddit than YouTube, so the way it is now makes sense to me. Old posts still build followers.
I think it has the potential to be much more than either, but perhaps you’re right. I think the ability to continue to collect revenue from your content and build passive streams of income is the hope for all content creators. It’s a relevant concern if we want to build a platform that is ad free and continues to build long term value with its body of content. We’ll get what we encourage, and I think the 7 day limit encourages content that is mainly only relevant within that timeframe.
That's awesome I was not aware of tipU, but will definitely check it out!
I was thinking of something, like Reddcoin but like a STEEMtip coin this sounds great tho.. thanks!