Steemit moves away from crypto-centric

[mynhpark]

Decentralized social media platform Steemit has announced a new marketing direction and the launch of a “crowdsourced growth” initiative.
The plan is taking Steemit from a crypto-centric project to a household name.

By leveraging the wisdom of the crowd to amplify and multiply the impact of marketing efforts, Steemit will build out countless sub-communities,
each incentivized to grow until Steemit joins the ranks of the social media giants.

Therefore, crowdsourcing will play a significantly larger part in determining the Steemit platform’s future.

Do you agree crowdsourcing is good for Steemit?

[NUFCrichard]

Decentralized social media platform Steemit has announced a new marketing direction and the launch of a “crowdsourced growth” initiative.
The plan is taking Steemit from a crypto-centric project to a household name.

By leveraging the wisdom of the crowd to amplify and multiply the impact of marketing efforts, Steemit will build out countless sub-communities,
each incentivized to grow until Steemit joins the ranks of the social media giants.

Therefore, crowdsourcing will play a significantly larger part in determining the Steemit platform’s future.

Do you agree crowdsourcing is good for Steemit?

I think the idea of Steemit, basically being Medium but with tips for well written articles, is a good one.
It could become popular, but the connection with Steem will hold it back.  It means it has not only to grow and be successfull itself, but also prop up a cryptocurrency too.

We will see if people actually tip fiat money quite as quickly as they would steem, I doubt it, but moving away from steem is probably a good thing for steemit.  The quality of the articles should also rise, when I have read it, the articles are mainly about steem and how much money people can make with steem!

[iamnotback]

The market doesn't seem to like it. STEEM price is selling not pumping.

Somebody needs to slap them upside the head. I have 5000+ STEEM and am not happy with their poor mgmt thus far.

Don't totally change directions. You lose the momentum you had. Refine what you had! Build new markets within what you had.

Crowdfunding sounds like a way to draw more money in for the whales to monopolize. They are always thinking about ways to bring money in, instead of thinking about making features that users want to adopt.

[BitcoinNational]

You lose the momentum you had.

No they totally lost it, by completely collapsing price support, months back.  check the numbers.  

current users = under 2000 active nerds. Likely all new members are bot-registered.  And those numbers suck too.

Most of the non-crypto-centric "creatives" have long since jumped ship.  And they had many well know internet bloggers get on board.

And the whales are at war with each other.

Oh and they forked off the rewards.  Another, benefit to whales since, earning steem via content is laughable, they can justify it all they want, but it was just another way of having totalitarian style control of their steem.

As an investor, it is difficult to sink cash into a project, that claims decentralization, yet forks change every fortnight.

Now we are entering a period where the main websites could go down.  There must be a steep overhead for servers and payouts.

“crowdsourced growth” is just polishing the turd.

It had “crowdsourced growth”.
It was "building out countless sub-communities".  And the whales and their pups flagged them into oblivion.

Steem has 2 options:

1.

The whales lockbox all their power to sell and vote for at least 2 years.  THEY FUCKED UP. And need a time out.
And get some kind MLM referal marketing wizardry.

2.

Death.  They have apparently no capital reserves.  Tossing out their Steem bags now would crush the little market they have.  SRSLY look at the chart, they have no skill in crypto finance.  I doubt they could pump steem to $1, and without the ability to have any trade volume #s, you are a joke @$36M, and you were @$400M.

[btbrae]

It doesn't look like they've done anything to the front-end of steemit.com in some 6 months since I've been looking.

It's not a nice website to use or even browse.

The categories need sub-dividing and it needs to be done well because it's become very spammy. Not by a techy, but by a proper web design firm.

It needs more community building features and reasons to use it even if you can't make money, so that users don't lose interest.

They had the money to do it but probably spent it all on hookers and coke, like most of the recipients of ICO funding.

It's trying to be too many things at once yet requires a decent web development team to pull it off.

The price of STEEM due to the inflationary nature just goes down and down. Yes, I am aware that if you power up that doesn't happen so much, but it's the flagship of the whole project and it's a PR disaster.

The problem with ICO's is once you give people money for nothing... they lose incentive, they lose drive, they lose passion. They want to go to the beach and sip Mojito's. Very rarely does the project then fall into the hands of someone capable. Only when you have worked hard and put your life and soul into something do you have the drive to see it through to it's potential.

[The Sceptical Chymist]

This is just another shit coin, and the world doesn't need another MySpace.

OP copy/pasted most of his post without attribution, and I'm not sure if that's allowed or not.

[iamnotback]

It doesn't look like they've done anything to the front-end of steemit.com in some 6 months since I've been looking.

Incorrect. I can now drag+drop images into a blog I am composing. Quite nice!

Users no longer need to know how to use imgur.com to upload an image and how to copy the url over.

[mynhpark]

Any more comments or thoughts on steemit?

[bitcoinvestor]

Quality articles should be the first to support. I see many users use steeemit not for building portofolio but for earning steem.

[nemgun]

Any more comments or thoughts on steemit?

Nothing except the reccuring Pyramid scheme accusations, and the steem development team issues.

I tested steam and don't really like it, i don't even see the point of such a system especially because it is a social media platform that pays his users for the created content (if the other users like it). It is like recreating the wheel.
Beside of that, it is crowded with whales, and as pointed earlier in this thread, they don't have experience in finance and trading as they are just dumping the price of steem. But maybe the price drop is due to the Pyramid scheme ? Anyway, they must wait 2 years to powerdown, what a huge cooldown "I have 2 millions$, but won't be able to get them home untill 2 years have passed", it sounds really stupid.
I think that one of the bigest problems of steem is the lack of inflation controle, too many coins are created, and just a few of them are used. why ? because there is no merchant integration. They should have done this with the steemApps, but apparently no one is interesting developing such an application. What will it be usefull for ? nothing, because else, someone would have aleready done that, and i didn't found it yet.

[iluvpie60]

They fork changes and are going away from steemcoin now. Sell. Get out. Do not atay with them. They are using their name and likely bots to keep user counts looking good. Its prpbably only a few hundred real people and out of that only a few tip.

[qiwoman2]

I bought a bit of steem the other day but after reading that so many people are hating the inflationary aspect it has certainly put me off holding it. I am happy though that  am researching things more and more with will help me make more decisions rationally in the future.