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RE: A Simple Title: How To Generate Billions to Pay the Bills
It's obvious to everyone that Trending is pointless now, but Hot does a better job of showing off popular posts. Why not make that the default page? Would people still find ways to game it? The 'Promoted' page is pointless too as nobody will look at it. We need some change to improve the user experience.
It's obvious not only to us; a big name advertiser will see this as well. They know the junk on the trending page would mean less eyes on their advertisement if there was a banner ad on the trending page somewhere. That's an external ad of sorts. What I'm talking about here is creating internal ads, placing the junk promoted posts inside actual content, and those junk promoted posts that scare people away from the trending page serve as ads inside of posts. Now, when the actual content receiving high ratings organically reaches the top slots on the trending page, then a big name advertiser like Tide would want to spend thousands per week to have an ad placed to the side of the list of actual content on the trending page. For now, since these folks don't know what they're doing, depend on amateur content producers to buy votes, and want to make measly thousands instead of billions, all while putting selling pressure on the token... we can't have nice things and lose out on even more potential revenue from outside sources to help pay the bills. What these folks who think they're in charge need to do is stop allowing everyone to walk all over their UI, trashing the place, put them in their place, and learn how to run a real business.
Just listening to @pennsif's radio show. Someone said there are really only a few thousand active Steemians and that's just not enough to interest any big advertisers, especially as they are spread over the world. We reckon there are less than a hundred in the UK!
I'm wondering how vote selling would scale if Steem could actually grow to millions of users, but if people keep delegating to them it will continue. I don't have easy answers
Like I said in the post, the moment the vote selling becomes as successful as it can possibly get is the moment the business model falls in on itself. With only 20-50 top slots to "promote" in, if hundreds wanted those top slots all at the same time, it would take one day, actually less, for the whole thing to become pointless. People would promote for 10 seconds worth of visibility because someone else came along to push their posts away. Meanwhile, actual content producers are nowhere in sight, meaning they left, so it would only be a few thousand folks scrambling for top slots and nobody looking at them. One day is all it would take. It can't scale. What I'm talking about in this post allows it to scale, but also gives the actual content producers their stage back so they can succeed as well. Organic eyes viewing organic content is what's needed, but this current model chases those eyes away, and robots can't see nor judge. I've tried my best to point out this flaw for nearly one year. I didn't want it to fall apart like it has now, long before people even knew it would fall apart.