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RE: Steemit Monthy Churn Rate Drops to 35%
Maybe we are 'at the bottom' now where those who are left are more likely to stay through the thick and thin of price swings. This means that those joiining up may still suffer a high attrition but the core will be more stable. In time as the survivors move to the core, perhaps a point will be reached where the core is a large enough mass to hold newbiew here.
That's an interesting thought @tarazkp. I have noticed that despite the poor user retention rate, those who remain tend to be quite active. Barring some extreme development to pushes even those most loyal users away, it should result in the scenario you mentioned. Eventually with a large enough core user base, more new users could remain.
However, the clique-ish vibe of current Steemit with automated, paid, and circle-jerk voting will continue to be off-putting to those who don't understand the underlying technology/atmosphere of the community here. Then of course we still have a terrible UI, no instant messaging, and a front end that automatically makes posts over a year old invisible.
To stick around on Steemit presently means having a huge dose of patience and an even bigger dose of optimism.
I definitely understand the concerns.
I wrote a post today (which I will link at the bottom because I write several each day) concerning some potentials for SMTs, competition for users etc. When it comes to some aspects like bidbots and the delegations that support them, it potentially might lose favour as a passive income if SMTs choose to do something like reward for curation and delegation to them instead. Plus, they could easily implement airdrops on active SP, not delegated. That way, those delegating to bots would lose the possibility to take advantage of their full wallet.
As far as UI goes, I think there are going to be a host of options that will eventually make Steemit obsolete or, change its core function. Being a catch all isn't doing it favours. Hivemind will bring new options for Devs and will make analysing the chain much easier which means the devs will have some number support to direct them rather than guesses.
It is hard to see all of the possibility through all of the
shitdrama but, there is a massive amount held here and hopefully, we as a community can overcome ourselves to make this place something not only entertaining, but useful for a wide variety of cases.today's post mentioned:
https://steemit.com/steem/@tarazkp/cross-blockchain-competition-and-smts
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" In time as the survivors move to the core, perhaps a point will be reached where the core is a large enough mass to hold newbiew here" this is sooooo my vision for steemit
Mine too. I am working myself to the bone, if not the core for it.
Mine, too. And I believe there are multiple "cores" out there, each working towards a similar goal. We just need a bigger more organized "middle class" as @tarazkp has talked about on numerous occasions. I'm talking about people who have worked hard and are "seeing results." They might have as little as 1000SP and they might have 50000SP or more. They are active, they interact a LOT, they create and participate in contests... often designed to help newcomers. Whether it's your redfish "wall of fame," or Asher's leagues, or Newbie Contests or whatever else... these are all good bases to work from.
There was an interesting comment on Asher's most recent "curation league" post where someone had used @penguinpablo's stats combined with Asher's list to calculate that the top 100 on his league list possibly creating as much as 5% of all posts on Steemit... and they account for less than 0.2% of "active" users.
I think the "gamification" of social media DOES work if applied properly. Just imagine the impact a group like that could have if it even doubled, or tripled in size. I don't have the data handy, but I seem to recall someone else calculating that retention within the leagues is multiples higher than the community as a whole.
It is amazing what an engaged mind and person can do.
I actually think it was a @paulag post.