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RE: Why Rewards Have to Change... (Fair warning, this is a long one)

in #philosophy6 years ago

I think with more dynamic solutions, like what we're doing with PAL, the doors open to new opportunities. Like we have 10% of inflation going to PoI to reward active Discord members as we have a really popular broadcast network among the STEEM community. We have witness shows, music shows, I do a philosophy show, so being able to reward people for interacting in that aspect of the community is huge for us. I think the contests are one way people try to increase engagement, but ultimately the financial value that comes from engagement has to be capitalized on by things like advertisements.

We can keep advertisements in house by charging users burned stake to feature their posts, like we do on trending with PALnet or we can see steemit using traditional banner ads. There's ways to increase time spent on the site and capitalize on it financially, we just have to be willing to experiment and find what works.

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YES!!!

I guess the thing is it could be argued that being on the Discord server isn’t being on Steem... even though it kinda is.

I can see the tokenBB forums playing a really important part of this too!!

We’ve been talking within the @naturalmedicine community about setting up a SCOT style tribe.... I see this as a great way of bringing people interested in that topic coming to Steem. We just need to work out how to do it... none of us are devs so it makes it a wee bit challenging to set up tokens and condensers and whatnot...

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