Proposal: Long term rewards for bloggers and platforms hosting STEEM posts
Long term rewards for content and content hosts
@condra was saying on @steemspeak that he would like to have a mechanism for posts to get long term rewards. @fyrstikken and I went on to develop some ideas to make this a reality.
This post will describe a mechanism to enable long range rewards for bloggers and independent platforms hosting STEEM-chain content. This will help grow more steem-powered platforms and at the same time pay bloggers long term for their content. Giving them an incentive to create timeless content.
Steem powered platforms will be the sellers
Steem powered platforms like steemit.com and @zappl will have an on-chain mechanism where they can auction away ad space impressions on their platforms to advertisers. Anyone can then bid on this ad-space and submit their ads on-chain like a post.
Trustless Implementation on the bloggers terms
Ad impressions will be sold in the form of an auction for a time windows on individual bloggers posts. Adspace bidders get the amount of impressions proportional with the total STEEM paid into anyone auction vs the size of bids they make. Payments will automatically be split between the blogger and the platform in accordance with the bloggers advertising terms and conditions he has chosen. This way content creators are in control and steem-platforms can choose what bloggers they want to monetize with ads.
Bloggers are in control. On-chain license for the content.
As bloggers submit new posts they will choose if they want to enable ads or not and how much of a cut they require for platforms to publish their content. A kind of on-chain license agreement.
Like this?
And Bloggers make the money?
Yes Please :) - When?
That would work. But I am thinking different interfaces like for example, @zappl needs other formats. But there could be some standards.
Damn you got up-votes from alll the whales on this damn man $500 for a post thats amazing and im glad to see it got support! e need long term rewards just from upvotes after the first 7 days right? Shouldn't people just get to accumulate steem? Maybe you can only give a fraction of your up-vote power to an older post? Why is it again that we cannot give money to posts after 7 days? seems arbitrary to me and also i feel like when i was here in march that it was longer that 7 days? or we had 24 hr payouts right? Why did they change that again?
Did you block me from SteemSpeak Voice, or who do this??
Mughat mentioned that there is a public clip of our flatearth discussion from the other day, where I am trying to convince ~15 steemians about the flat earth. Do you have a link to that and will you send it to me or respond it in this post?
That could be huge... Great idea @fyrstikken
I like it! I always hate when I post something great and my timing is off, and people ignore it if it is more than a few hours old, causing great content for myself and others to get lost in the time continuum. I fully support this as not only short term content should be rewarded. Cheers to you, @mughat!
I'm wondering even if great content are being produced, there has to be a better way for minnows to reach hot or trending status. I thinking along the lines of personalized post where there's an algorithm that feeds you post that you'll want to read.
I'm not sure if there's an in-built SEO that can function in Steemit. It's easy for great articles to get lost in the sea of constant posts.
Time continuum is a great description of the posting system. I have made more money commenting on posts than the articles I have written. It would not take much money to subplant my "real" J.O.B".
@tee-em I agree...Timing and content both is perfect...btw
@mughat I like the idea. .
Like your style and vision!
Like your style and vision!
I heard it and thought good ideas and foundations for implementation were presented. I am glad it is a concise and to the point post as well.
This would also make it more worthwhile to optimze steemit posts for search engines (SEO) in order to get traffic over a longer period.
This way the ongoing traffic from search engines would still be profitable for the author himself.
Good idea
Good point.
I think this is make it more worthwhile to optimize steemit for SEO. This will help get more traffic in the long run.
It's would still be profitable for the author himself outside steemit.
That's a great idea!!!
This great idea will also help Affiliate marketers whose work and skill have been negated by the 7-day half-life of steemit posts.
Pls implement ASAP. Resteemed. Upvoted
That's a real good concept to ensure long term profiting. Kinda sad to see your old post diminish in the black abyss called past 7-day mark.
Also a way to increase the overall value of Steemit.
Resteemed. This discussion is long overdue.
Delighted to see these ideas being generally welcomed.
I meant how would curation and following affect the advertisers decision-making? I'm not against the authors with large followings making even more money through ad revenue, but don't you think the advertisers would focus almost exclusively on those with a large following and high viewship?
I wonder if auctioning away usage rights to the content itself would have more value. i.e.:
Great post provides insight on a relevant topic, cites their sources, creates value in a field... Platforms with existing viewership (magazines, journals, newspapers, etc.) bid on the right to republish the content with attribution to the user who created it. Obviously with an opt-in for users to allow platforms to bid on their content.
An arrangement like that would promote good writers regardless of following and allow those writing quality posts to have a monetary incentive to continue doing so, even when their steemit revenue might only be in cents.
Impressions would be a very important factor for advertisers. Many posts have a lot of traffic coming from google searches that are currently not turned into money for the bloggers or hosting platforms.
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I upvoted and resteeem. I think the worth articles should be rewarded in long terms not only in 7days