The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks by ntomaino

View this thread on steempeak.com
· @ntomaino · (edited)
$1,669.00
The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks
## Problem: One of the biggest challenges that the Steemit community has in growing the platform is that there's existing content-based social networks that have huge network effects already in place.

It's historically proven to be extremely difficult for newcomers to displace the incumbent network effect businesses on the Internet. UI/UX and other technological innovations generally are not enough (if it were enough, Craigslist, Reddit, & Ebay would not still have such a large market share of their respective categories). Business innovation is how incumbents are typically disrupted and the business model innovation that Steemit has is what gives it a chance to displace Medium, Twitter, and Reddit and find it's place in the mindshare of the hundreds of millions of users already using content-based social networks. 

For me as a user on Steem, the monetary reward potential has  already forced me to shift some of my time spent on Medium, Twitter, and Reddit to Steemit. I've spent years building my reputation on those platforms though so it's not an easy change of behavior. As a result of time spent on those platforms, I've now got [2,944 Twitter followers](https://twitter.com/NTmoney), [1,300 Medium followers](https://medium.com/@ntmoney) and [3,946 Reddit Karma](https://www.reddit.com/user/ntomaino/) and get lots of engagement and distribution. **I've discovered that new Steemers face a tradeoff between the distribution benefit of existing networks and the monetary rewards benefit of Steemit.**

When I post on Steemit, I'm giving up all of that good-will I've built up for the past 5 years outside of Steem. The idea though is that what I'm sacrificing in engagement and distribution from a high caliber network that I've built up, I'm gaining in monetary rewards. There's a monetary reward-per-time invested at which I'm willing to make that sacrifice (see to the right of the breakeven point in the chart below). There's also a point at which the sacrifice is not worth it to me (to the left of the break-even point).

http://i.imgsafe.org/3695775c9b.png

## Proposal: Steem users that provide social credentials on existing platforms (Twitter, Medium, and Reddit) should receive more Steem Power for their contributions, and the increase should be relative to their social reach. 

When someone like [Neil Strauss](https://steemit.com/@neilstrauss) posts on Steemit and shares it with his [118K Twitter followers](https://twitter.com/neilstrauss) for the first time, that is much more valuable to the network than when I join Steemit and share it with my Twitter followers. The incremental value of that post should be reflected at the protocol level, because as this thing grows the community is inevitabilty going to miss high-value content. When high-value influencers balance the tradeoff between distribution and monetary incentives, I believe most will simply drop off unless this is reflected at the protocol level.

Implementation could be something like:
* User connects their Twitter to their Steemit account (could add Medium, Reddit, and others as well)
* User must have 2 years of posts and could check for other heuristics to prevent spam accounts from gaming the system
* A "Influencer" number is assigned to every user based on their magnitude of influence. (10 for >50M Twitter followers, 9 for >10M, 8 for >1M, 7 for >100K, 6 for >1K, 5 for >100)
* If 10, multiply STEEM power reward on an ongoing basis by 2. If 9, multiply STEEM power reward by 1.8, etc (not sure exact numbers here but something along these lines). Also, give bonus at the beginning for having that influence 

# What do you guys think? Is this a proposal that could increase the value of the community? I'm sure there's problems with the approach that I'm not addressing, would love to hear them in the comments.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 141 others
properties (23)
post_id448,067
authorntomaino
permlinkthe-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks
categorysteemit
json_metadata"{"links": ["https://twitter.com/NTmoney"], "tags": ["steemit", "steem", "crypto-news", "psychology"]}"
created2016-08-04 16:59:39
last_update2016-08-04 23:36:12
depth0
children47
net_rshares79,231,189,167,830
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value1,591.970 SBD
curator_payout_value77.028 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length3,831
author_reputation19,103,419,432,593
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (205)
@isaac.asimov ·
Flesch Kincaid Grade Level
Hi! This post has a <a href="https://en.wikipedia.org/wiki/Flesch%E2%80%93Kincaid_readability_tests">Flesch-Kincaid</a> grade level of 13.0 and reading ease of 53%. This puts the writing level on par with academic journals.
👎  , , , , , , ,
properties (23)
post_id448,072
authorisaac.asimov
permlinkre-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t170014
categorysteemit
json_metadata{}
created2016-08-04 17:00:15
last_update2016-08-04 17:00:15
depth1
children0
net_rshares-639,594,850
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length223
author_reputation-982,250,417,825
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (8)
@msjennifer · (edited)
Great post!
👍  
👎  
properties (23)
post_id448,073
authormsjennifer
permlinkthe-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks
categorysteemit
json_metadata{}
created2016-08-04 17:00:18
last_update2016-08-04 23:37:06
depth1
children0
net_rshares-8,401,618
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length11
author_reputation-1,467,799,267,622
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@eeks ·
$1.59
This is better for growth but worse for long-term ecosystem health imo.  People should be valued based on what they do on Steem and how effective it is just on Steem.  Such influencers can already get outsized rewards by onboarding people, people who will then vote for them, etc.  I feel like the incentives are already there and don't need to be further juiced in this direction.
👍  , , , , , , , , , , , , , , , , , , , ,
👎  
properties (23)
post_id448,172
authoreeks
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t170844752z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:08:48
last_update2016-08-04 17:08:48
depth1
children7
net_rshares1,208,676,996,129
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value1.484 SBD
curator_payout_value0.105 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length381
author_reputation61,501,950,427,521
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (22)
@ntomaino · (edited)
$1.24
"People should be valued based on what they do on Steem and how effective it is just on Steem."

This seems to me like a philosophical belief rather than a practical one. Steem is not it's own planet and the reality is that lots of external forces are going to need to change for Steem to really sustain itself long-term. This distrubtion-monetary rewards tradeoff could be the one that prevents Steem from growing past the crypto-loving early adopters. Maybe my proposal isn't the best approach, but the platform needs to find ways to address this imo.
👍  , , , , ,
properties (23)
post_id448,264
authorntomaino
permlinkre-eeks-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t171422068z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:14:21
last_update2016-08-04 17:15:36
depth2
children3
net_rshares984,346,570,042
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.934 SBD
curator_payout_value0.304 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length553
author_reputation19,103,419,432,593
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (6)
@ulfa · (edited)
$0.03
I strongly agree with @eeks
because we have to appreciate the traffic based on other people.
👍  ,
properties (23)
post_id448,326
authorulfa
permlinkre-ntomaino-re-eeks-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t171621288z
categorysteemit
json_metadata"{"users": ["eeks"], "tags": ["steemit"]}"
created2016-08-04 17:17:06
last_update2016-08-04 17:17:42
depth3
children0
net_rshares31,040,756,607
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.026 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length92
author_reputation282,560,279,254
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@eeks · (edited)
$0.77
It's the philosophy of pragmatism.  :) 

I really just think this design would effectively be an exploit that would consolidate value and rewards to a select few, which already happens on Steem for other reasons.  And I am personally more interested in Steem being its own thing and seeing where the incentives evolve us.

Also in general, the bigger and more inclusive Steem, the better imo, so I'd rather everyone have a stake and see rewards.
👍  , , , ,
👎  
properties (23)
post_id449,266
authoreeks
permlinkre-ntomaino-re-eeks-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t181941922z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 18:19:48
last_update2016-08-04 18:21:57
depth3
children1
net_rshares655,750,381,658
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.752 SBD
curator_payout_value0.018 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length445
author_reputation61,501,950,427,521
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (6)
@capitalism ·
$0.78
I had the same thought about the idea of "steemit buttons" that could implemented outside of Steemit on websites to give Steem to the creators. That would bring no benefit to the Steemit platform. The quality content should come to Steemit.
👍  , , , , ,
properties (23)
post_id448,363
authorcapitalism
permlinkre-eeks-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t171942182z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:19:42
last_update2016-08-04 17:19:42
depth2
children0
net_rshares660,461,569,299
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.588 SBD
curator_payout_value0.189 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length240
author_reputation6,883,000,130,340
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (6)
@knircky ·
Agree
properties (22)
post_id455,454
authorknircky
permlinkre-eeks-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t021054373z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-05 02:10:54
last_update2016-08-05 02:10:54
depth2
children0
net_rshares0
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length5
author_reputation217,103,420,888,695
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@freedomengineer ·
I agree with @eeks here.
properties (22)
post_id456,036
authorfreedomengineer
permlinkre-eeks-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t031206814z
categorysteemit
json_metadata"{"users": ["eeks"], "tags": ["steemit"]}"
created2016-08-05 03:12:09
last_update2016-08-05 03:12:09
depth2
children0
net_rshares0
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length24
author_reputation5,356,595,953,365
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@ulfa · (edited)
the bottom line like?
I am a bit do not understand with your articles. @ntomaino
👍  ,
👎  
properties (23)
post_id448,210
authorulfa
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t171012754z
categorysteemit
json_metadata"{"users": ["ntomaino"], "tags": ["steemit"]}"
created2016-08-04 17:10:57
last_update2016-08-04 17:27:45
depth1
children0
net_rshares-31,435,071,554
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length80
author_reputation282,560,279,254
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
@wingz ·
$0.03
I like it, it's almost like a decentralized referral system. I'm not sure what I could add to the discussion, but I think the idea is one worth pursuing.
👍  ,
properties (23)
post_id448,211
authorwingz
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t171058714z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:11:03
last_update2016-08-04 17:11:03
depth1
children0
net_rshares32,662,934,067
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.030 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length153
author_reputation33,971,217,438,318
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@capitalism · (edited)
Interesting point. Of course Steemit should made use of the existing social networks of the Steemers. But how to implement this? Isn't it already in the self interest of a Steemer to use his network to promote his content on Steemit? The more people know about it, the more are signing up to Steemit and vote for the post. - Helpful would be, if well known journalists and authors like Neil Strauss would post continiously exclusive content on Steemit. They should create micro magazines, as I call it in my new post with reference to Seth Godin. That brings there already existing tribe to Steemit. Take a look at my new post: https://steemit.com/steemit/@capitalism/captalism-1-will-steemit-become-a-platform-for-100-000-micro-magazines
👍  ,
properties (23)
post_id448,267
authorcapitalism
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t171428224z
categorysteemit
json_metadata"{"links": ["https://steemit.com/steemit/@capitalism/captalism-1-will-steemit-become-a-platform-for-100-000-micro-magazines"], "tags": ["steemit"]}"
created2016-08-04 17:14:27
last_update2016-08-04 17:20:21
depth1
children0
net_rshares1,117,543,925
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length738
author_reputation6,883,000,130,340
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@kaylinart ·
$0.40
I like and dislike this idea, I see where you are coming from. You worked really hard getting to where you are on those sites. I personally have 1,500 twitter followers that I can't really bring with me. But at the same time, It would make it a little more difficult for those just starting out, To grow. We would have really popular youtubers, Twitter, and all the other people come here. They would automatically be above everyone because of their past success. It would be so hard for those of us who are lower, To get up. 

I think they need to get that "follower" button working, So we can start building our followers on here from scratch. Those people who are already super popular can start at the bottom like everyone else, But because of their writing/video/Drawing skills. They will rapidly move up anyways By curating and posting new and interesting content. 

They could also add all our new posts to the "recommended" IN our follower category so we can easily see what our followers are posting, and we can give loyal upvotes. I just don't know if I fully think the people who are really popular should start above those who are newer. Just my constructive opinion :) 
This is definitely a good post, and something we should think about. I'm glad you are whiling to make the sacrifices that you did by coming to Steemit, Maybe you can help recruit some people and build up on here instead. 

Unfortunately followers don't make you money like Steemit does. I have an email list of 1500 people and I make very little advertising my coloring books to them, I also feel like blogging on other platforms is close to worthless. See the work of "Buck Flogging".
👍  , , ,
properties (23)
post_id448,313
authorkaylinart
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t171629387z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:16:33
last_update2016-08-04 17:16:33
depth1
children2
net_rshares364,419,433,958
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.376 SBD
curator_payout_value0.024 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,668
author_reputation391,040,934,615,502
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (4)
@ntomaino ·
Agreed, a follower stream and recommended follows are essential.
👍  
properties (23)
post_id448,482
authorntomaino
permlinkre-kaylinart-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t172743581z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:27:42
last_update2016-08-04 17:27:42
depth2
children0
net_rshares7,857,223,870
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length64
author_reputation19,103,419,432,593
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@peacekeeper ·
I understand what your saying but how do a lot of users make money on YouTube?  Yes there are the super big youtubers, but there are millions making money.  In my opinion the bigger and bigger Steemit gets, the more the search will be used to drill down to what interest you.  That's the first place I go on YouTube.  I don't go to the trending page or featured page, I go to the search and spend hours searching for what interest me.  That to me is the key here.  

Steemit will have to delvelope a very robust search area, including different ways to find what users are looking for and how to save their favorite topics.  The search will become important to the new Steemit users who will want to be found with what ever interest they will be writing about or making videos for...  Anyway, I feel, we can continue to grow and all users can still benefit in the future.  --- my two cents.  (Literally thats all I can give on a up vote) :)
👍  ,
properties (23)
post_id451,598
authorpeacekeeper
permlinkre-kaylinart-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t205834990z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 20:58:33
last_update2016-08-04 20:58:33
depth2
children0
net_rshares473,034,920
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length940
author_reputation5,063,425,733,329
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@bittrez ·
I think steemit community give gifts each write articles,, I'm sure steemit can beat like facebook, twitter, and medium. we'll see a few more years
👍  ,
properties (23)
post_id448,366
authorbittrez
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t171951982z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:19:54
last_update2016-08-04 17:19:54
depth1
children0
net_rshares380,172,606
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length147
author_reputation223,300,085,257
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@timsaid ·
My suggestion is to let things happen the natural way. We don't need to force Steemit being successful. Steemit is going to climb the ladder by itself pretty soon. Times are changing and so do we. The traditional social media will vanish. Steemit will rise
👍  , ,
properties (23)
post_id448,399
authortimsaid
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t172229445z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:22:33
last_update2016-08-04 17:22:33
depth1
children0
net_rshares5,669,920,360
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length256
author_reputation306,666,733,071,318
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
@luke490 ·
$0.03
How much I want to make another article on this topic... Must find time... I'm thinking it is about the individuals ability to [privately socialise with like-minded people](https://steemit.com/whales/@luke490/how-whales-could-save-steem). Us in crypto-sphere know this is impossible, but the illusion is what counts. Like the FDA, it is not what the FDA does, but the illusion of what it does that makes it work for people.
👍  ,
properties (23)
post_id448,431
authorluke490
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t172409780z
categorysteemit
json_metadata"{"links": ["https://steemit.com/whales/@luke490/how-whales-could-save-steem"], "tags": ["steemit"]}"
created2016-08-04 17:24:09
last_update2016-08-04 17:24:09
depth1
children2
net_rshares32,009,513,495
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.030 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length423
author_reputation241,113,885,807
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@ntomaino ·
would love to see  a follow-up post from you!
👍  
properties (23)
post_id448,488
authorntomaino
permlinkre-luke490-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t172834166z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:28:30
last_update2016-08-04 17:28:30
depth2
children1
net_rshares66,220,487
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length45
author_reputation19,103,419,432,593
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@luke490 ·
[That's it](https://steemit.com/steemit/@luke490/i-woke-up-and-it-was-all-gone)
properties (22)
post_id464,922
authorluke490
permlinkre-ntomaino-re-luke490-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t155323677z
categorysteemit
json_metadata"{"links": ["https://steemit.com/steemit/@luke490/i-woke-up-and-it-was-all-gone"], "tags": ["steemit"]}"
created2016-08-05 15:53:24
last_update2016-08-05 15:53:24
depth3
children0
net_rshares0
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length79
author_reputation241,113,885,807
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@discombobulated ·
$1.22
Won't you already be receiving more funds by already having an audience that will upvote your posts?  And wouldn't adding a mechanism to pay celebrities more, just create a larger gap between whales and minnows?  

It is already hard for minnows to climb the ladder and I feel like this would just make it much harder while increasing the already established revenue stream for bloggers with a history.  They are already going to be able to copy their posts here and make a decent amount doing so, IMO giving them more money on top of that will make many users upset.

Essentially wouldn't it tell everyone "hey if you blog elsewhere, come here.  But if you are new to blogging, don't bother?"

*Just my 2 cent opinion*
👍  , , , , , , , , , , ,
properties (23)
post_id448,864
authordiscombobulated
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t175129136z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:51:30
last_update2016-08-04 17:51:30
depth1
children3
net_rshares971,923,146,999
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.934 SBD
curator_payout_value0.286 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length719
author_reputation13,081,774,742,601
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (12)
@ntomaino ·
$0.06
Good point, you raise a valid downside possibility to this approach. The ecosystem could in a sense become less democratic and it becomes harder for the little guy to succeed.

It's a question of what the goal is, I suppose. If the goal is to make this thing as big as possible and disrupt the existing networks, this approach might make sense. If the goal is to keep it as democratic as possible, it likely makes sense to keep the current incentive system as is.
👍  
properties (23)
post_id449,342
authorntomaino
permlinkre-discombobulated-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t182512525z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 18:25:12
last_update2016-08-04 18:25:12
depth2
children0
net_rshares65,534,285,367
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.048 SBD
curator_payout_value0.015 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length463
author_reputation19,103,419,432,593
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@roelandp ·
$0.32
Jo disco its already about a dollar of oponions!
👍  , , ,
properties (23)
post_id450,006
authorroelandp
permlinkre-discombobulated-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t190941010z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 19:09:42
last_update2016-08-04 19:09:42
depth2
children1
net_rshares297,629,637,866
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.320 SBD
curator_payout_value0.002 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length48
author_reputation326,922,223,812,714
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (4)
@discombobulated ·
lol, my comments make more than my posts these days it seems =P
properties (22)
post_id450,106
authordiscombobulated
permlinkre-roelandp-re-discombobulated-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t191439451z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 19:14:39
last_update2016-08-04 19:14:39
depth3
children0
net_rshares0
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length63
author_reputation13,081,774,742,601
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@jaysanz ·
I think your proposal has a lot of valid points that Steemit should take into consideration.  A person of greater influence on other social platforms can steer many more followers to Steemit than a person with lesser followers.  Want network growth?  Lure other social networks' "whales" into OUR pond.
👍  
properties (23)
post_id448,865
authorjaysanz
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t175129486z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:51:30
last_update2016-08-04 17:51:30
depth1
children0
net_rshares116,564,028
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length302
author_reputation962,350,626,398
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@strangedays ·
New platform, new start. This  shouldn't be Reddit 2.0 where the popular people can just swoop in and take over. No thanks.
👍  
properties (23)
post_id448,938
authorstrangedays
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t175615748z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 17:56:03
last_update2016-08-04 17:56:03
depth1
children2
net_rshares1,534,345,399
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length123
author_reputation5,439,457,095
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@ntomaino ·
I hear you on this and there's probably still a growing amount of people that are joining content-based social networks for the first time, such that Steemit does not need to incentivize users of the existing social networks to leave. But doing so would accelerate growth in the short-run, for sure
properties (22)
post_id449,400
authorntomaino
permlinkre-strangedays-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t183003693z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 18:30:03
last_update2016-08-04 18:30:03
depth2
children1
net_rshares0
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length298
author_reputation19,103,419,432,593
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@fishborne ·
But shouldn't  be more valuable an organic development ?
If we brainstorm this discussion started by you I'm positive that we will find a decent compromise. 
One of the big issues n this stage (childhood ) here, on steemit, is the monetsry gap. Not the value, the reach, the differences  between approaches, battles of different philosophical points of view or other profound and jmportant issues to discuss. 
We are at hte beginning of a revolution. And this is a heavy burden for devs.
Even if I like your idea I think it's not the time for it and not in this form. 
We need to coagulate the community, to strengthen it, not to rush things. Even important things on the long run.
Very good post. Not do easy to find these days on a social platform.

Cheers.
👍  
properties (23)
post_id450,827
authorfishborne
permlinkre-ntomaino-re-strangedays-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t200746849z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 20:07:57
last_update2016-08-04 20:07:57
depth3
children0
net_rshares1,752,776,554
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length759
author_reputation4,222,362,886,512
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@gikitiki ·
$0.03
![If You Build it, they will come](http://cashflowdiary.com/wp-content/uploads/2015/10/if-you-build-it.jpg)

I believe that steemit has it's own merits and will attract it's own following without the need for massive social outreach.   Similar to [Pokemon Go](http://www.pokemongo.com), I would argue that the folks who are going to join steemit will most likely hear it through word of mouth from their friends and colleagues.

Many will be nervous about the word **blockchain**, but once they realize that the blockchain aspect is secondary to the content of the posts, they will be more comfortable.    

Just my two cents.
👍  ,
properties (23)
post_id449,399
authorgikitiki
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t182956104z
categorysteemit
json_metadata"{"image": ["http://cashflowdiary.com/wp-content/uploads/2015/10/if-you-build-it.jpg"], "tags": ["steemit"]}"
created2016-08-04 18:29:54
last_update2016-08-04 18:29:54
depth1
children0
net_rshares31,955,490,636
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.026 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length626
author_reputation8,799,225,435,691
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@blakemiles84 ·
$0.40
Someone needs to crack the whips on some developers on this idea, pronto :)

Great idea, @ntomaino!
👍  ,
properties (23)
post_id449,436
authorblakemiles84
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t183156044z
categorysteemit
json_metadata"{"users": ["ntomaino"], "tags": ["steemit"]}"
created2016-08-04 18:32:03
last_update2016-08-04 18:32:03
depth1
children0
net_rshares361,632,796,271
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.396 SBD
curator_payout_value0.002 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length99
author_reputation51,813,680,698,502
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@sextusempiricus ·
I applaud your creative thinking, but I think we should search for other ways to grow the community.  My main concern with your suggestion is that it would only serve to give a "leg up" to a select group.  That's quite against the spirit of a meritocracy.  If others have been successful using other social media, then they should have no problem being successful here either.  There must be other, more equitable ways of growing Steemit.
👍  
properties (23)
post_id449,643
authorsextusempiricus
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t184605457z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 18:46:09
last_update2016-08-04 18:46:09
depth1
children0
net_rshares135,764,272
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length438
author_reputation403,232,525,211
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@desmonid ·
$0.03
>Proposal: Steem users that provide social credentials on existing platforms (Twitter, Medium, and Reddit) should receive more Steem Power for their contributions, and the increase should be relative to their social reach.

To be frank, this seems like a **terrible** idea.  If you want to leverage your followers on other networks there's nothing stopping you from posting links to your steemit posts on your Reddit, Medium, and Twitter. You shouldn't be doubly rewarded for having an established social network.
👍  ,
properties (23)
post_id450,571
authordesmonid
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t194846407z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 19:48:45
last_update2016-08-04 19:48:45
depth1
children1
net_rshares32,384,879,949
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.026 SBD
curator_payout_value0.004 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length513
author_reputation1,796,571,245,575
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@shaka · (edited)
I see this exactly the same. Those who are big 'outside' will already have significantly higher chances to become big on Steemit, too.
👍  
properties (23)
post_id451,247
authorshaka
permlinkre-desmonid-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t203400809z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 20:34:00
last_update2016-08-04 20:34:57
depth2
children0
net_rshares1,534,345,399
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length134
author_reputation206,802,390,950,115
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@steemuwe ·
$0.26
Here are a few points to consider:

 I suggest to anyone on Steemit to familiarize themselves with why Steemit has been borne out of creativity, necessity and a vast experience in the crypto world by Dan Larimer.

I have spent most of the time in the last few weeks since I discovered Steem on finding out who Dan is and what his vision is.

Some of what I found I will write about in a post down the road. 

People on here should be aware of his foresight in many aspects that make the entire cryptoshpere vulnerable. Those that are part of it since many years know too well what I'm talking about.

However, Steemit is not only a possible tool for market domination wrestling with incumbents - or being another little David that is trying to go into the ring with Goliath - it is much much more than that from my little perspective over here.

Any questions about growth should involve quality vs. quantity issues. Especially in the cryptosphere everybody is aware of the "51% vulnerability" effect for lack of better terms. We are just witnessing in a parallel ecosystem what the Ethereum community is going through. Let us learn from this. Any how many do know Dan's history as far as DAO's are concerned and his thoughts on that.

Influencers: I do not see any reason why a true influencer should need any core code alteration to adjust Steemit to whatever success he/she seeks as an influencer. Especially not if it's tied to monetary goals vs. altruistic goals. Nobody has any problem if an influencer decides to publish on Steemit first and then republish on networks that are not comparatively effective in monetary terms.

Steemit has already a vast range of different types of contributors and community members ranging from tech savys, geeks, intellectuals, alternative lifestyle promotors, investors, traders, anarchists etc. etc. - this is a live experiment that will likely be as successful as the algorithmic or technological framework allows it to be. 

The social, psychological, political as well as marketing impact consequences this will have is something we're in the middle of experiencing.

Most people are not used to be surrounded and somewhat affected by bots and especially if they don't even know that there is a "bot-war" going on in the background.

So in conclusion to not turn this comment into a post section I am very appreciative that so many great minds are participating in communications about what kinds of constructive actions could be undertaken while at the same time we all have to be aware that the distributed blockchain allows for the most discrepant philosophies to armwrestle either to the benefit or the detriment of the community.
👍  , ,
properties (23)
post_id450,748
authorsteemuwe
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t200019988z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 20:01:33
last_update2016-08-04 20:01:33
depth1
children2
net_rshares248,927,044,553
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.204 SBD
curator_payout_value0.060 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length2,681
author_reputation1,871,639,586,369
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
@ntomaino ·
Nice post. It comes down to being a matter of what the goal is. If the goal is to grow as quickly as possible as fast as possible (as is the case with most startups), this approach makes a lot of sense imo. As many have highlighted in the comments though, that might not be the goal and there are strong arguments for not tweaking and letting this happen organically with existing incentive structure.
👍  
properties (23)
post_id451,529
authorntomaino
permlinkre-steemuwe-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t205306164z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 20:53:06
last_update2016-08-04 20:53:06
depth2
children1
net_rshares135,764,272
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length401
author_reputation19,103,419,432,593
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@steemuwe ·
$0.03
I do not think that the goal of the creators of this distributed blockchain platform was to grow with a specific pace in mind. But I will write about that at a later point from what conclusions I have come to from my research. Steemit has the potential to provide mass-adoption to the crypto world while solving many problems that are industry-intrinsic. Do not forget in case you don't know that Dan was not only one of the first people to interact with Satoshi but he also has a history with what Buterin has created via Ethereum - which is now being adopted with billions of dollars from pretty much EVERY bank on the planet in light of the disruption phase they are all in. 

Not speaking of all kinds of other segments that are being disrupted. Nobody knows yet who will be the winners after it's all said and done. The people or those that gave us FIAT. Read the previous sentence a few times if you like ;-)
👍  
properties (23)
post_id452,035
authorsteemuwe
permlinkre-ntomaino-re-steemuwe-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t212917072z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 21:30:30
last_update2016-08-04 21:30:30
depth3
children0
net_rshares31,819,726,364
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.024 SBD
curator_payout_value0.006 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length914
author_reputation1,871,639,586,369
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@kyriacos ·
I believe the best way to play this is not to draw attention and rather people "discover" steemit. 

Not all advertising is good advertising. Sometimes you just have to lay low like the cool kids and let them come to you.
👍  
properties (23)
post_id451,559
authorkyriacos
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t205526836z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 20:55:27
last_update2016-08-04 20:55:27
depth1
children0
net_rshares1,228,706,407
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length221
author_reputation150,969,386,046,457
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@nabilov ·
$0.43
In order to defeat other networks , we need to emulate youtube , then steemit will be huge , and steem will be worth 100$ each , cheers steemers
👍  ,
properties (23)
post_id451,844
authornabilov
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160804t211557542z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-04 21:16:03
last_update2016-08-04 21:16:03
depth1
children0
net_rshares388,370,469,943
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.422 SBD
curator_payout_value0.006 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length144
author_reputation2,499,066,298,306
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@cattyboy ·
Horrible. Seriously. You have to understand if you have a huge following on twitter and whatever other networks, then you need to bring them to steemit ok, got that. 

But, increasing your rewards is greedy straight up. You can already manipulate this with integrity by upvoting your post and key **buying steem power** instead of mining it or earning it. Honestly, put 5 bitcoins into steem power and your capitalistic idea will wane as you're getting a $3000 payout.

Get ned to upvote you, off steemit. Little manipulation goes a long way. /s
properties (22)
post_id454,428
authorcattyboy
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t003513064z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-05 00:35:21
last_update2016-08-05 00:35:21
depth1
children1
net_rshares0
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length545
author_reputation768,343,736,994
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@ntomaino ·
I'm not following your logic here. 

My argument is simple: influencers value distribution over money up until a certain point. If they are not rewarded more, they likely will not leave the platforms they are already on. Maybe this is OK with you, but I personally would like to see Steemit  disrupt the big guys and become the dominate content-based social network in the world. My proposal isn't the only way this could happen, but it's an idea.
properties (22)
post_id455,029
authorntomaino
permlinkre-cattyboy-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t012601888z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-05 01:26:03
last_update2016-08-05 01:26:03
depth2
children0
net_rshares0
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length447
author_reputation19,103,419,432,593
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@knircky ·
I think the solution for vip posters is to post their content twice, on their old platforms and here
properties (22)
post_id455,466
authorknircky
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t021151946z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-05 02:11:51
last_update2016-08-05 02:11:51
depth1
children1
net_rshares0
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length100
author_reputation217,103,420,888,695
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@ntomaino · (edited)
Maybe in the short-run thats a viable solution, but there's too much friction to that long-term. There's gotta be monetary incentives that outweigh the distribution benefits of existing networks imo.
properties (22)
post_id455,578
authorntomaino
permlinkre-knircky-re-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t022145161z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-05 02:21:45
last_update2016-08-05 02:21:54
depth2
children0
net_rshares0
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length199
author_reputation19,103,419,432,593
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@anonymint · (edited)
$0.06
> I've discovered that new Steemers face a tradeoff between the distribution benefit of existing networks and the monetary rewards benefit of Steemit.

> When someone like Neil Strauss posts on Steemit and shares it with his 118K Twitter followers for the first time, that is much more valuable to the network than when I join Steemit and share it with my Twitter followers. The incremental value of that post should be reflected at the protocol level, because as this thing grows the community is inevitabilty going to miss high-value content. When high-value influencers balance the tradeoff between distribution and monetary incentives, I believe most will simply drop off unless this is reflected at the protocol level.

> Implementation could be something like...

I agree with you, but I believe the way to achieve this is different than what you suggested and which will not be in tension with:

> This is better for growth but worse for long-term ecosystem health imo.

In short, relevance for users of Steem should not suffer for the costs and benefits of onboarding and maintaining professional and highly influential bloggers. The key question is how to design such a protocol. As I alluded, I have a design in mind, but I am keeping it secret for the time being.
👍  ,
properties (23)
post_id456,453
authoranonymint
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t035246736z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-05 03:52:45
last_update2016-08-05 03:53:39
depth1
children0
net_rshares59,759,659,711
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.054 SBD
curator_payout_value0.006 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,274
author_reputation28,256,027,925,444
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@fusan ·
$0.03
Everyone will notice by steemit.
When they will notice post is very valuable, I think the trend of social network will changed.
👍  , ,
properties (23)
post_id456,653
authorfusan
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t041553488z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-05 04:15:57
last_update2016-08-05 04:15:57
depth1
children0
net_rshares57,637,904,407
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.024 SBD
curator_payout_value0.006 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length127
author_reputation13,081,774,742,601
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
@biophil ·
$0.03
I've been kicking around the idea of vastly different distribution models for Steem, and this seems like a great example of one. I'd love to see a few Steem clones pop up that implement different models; one could sharedrop on existing influencers (your proposal), one could start out with no whales, etc. It would be a pretty fascinating way to assess the impact of various startegies.

If you like what I write, take a look at [my series on the game theory of Steem!](https://steemit.com/steem/@biophil/what-do-you-believe-the-game-theory-of-steem-part-5)
👍  
properties (23)
post_id457,274
authorbiophil
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t052713990z
categorysteemit
json_metadata"{"links": ["https://steemit.com/steem/@biophil/what-do-you-believe-the-game-theory-of-steem-part-5"], "tags": ["steemit"]}"
created2016-08-05 05:27:15
last_update2016-08-05 05:27:15
depth1
children0
net_rshares29,544,796,239
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.028 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length557
author_reputation45,243,433,466,167
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@tombstone ·
The number of followers you have elsewhere is utterly irrelevant if they don't come to steemit and participate.  But if they do, then presumably they will be upvoting (and commenting on) your content.  That's the great advantage and **built in incentive** content providers have on steemit if they already have a social media following.  This is precisely why steemit is in the early stages of viral growth as a growing number of content producers are coming to steemit in order to finally monetize the following they have cultivated on Reddit, Twitter, Facebook, Google+, Instagram, etc.

By the way, although your introduction post did not earn eye-popping rewards, its earnings were MUCH higher than average.  This is most likely because the steemit community appreciated the fact that you have an existing social media following, recognizing that you could therefore help grow the platform more than the average user here.  In essence, they gave you an advance payment on that growth in order to whet your appetite.  

Bottom line: while I think there is value to the discussion you started with this post, there's simply zero need for a protocol change.  The steemit community has already given you the "seed capital" you need, and you already have an existing base of followers.  Just make sure they know you're now on steemit.com!
properties (22)
post_id458,410
authortombstone
permlinkre-ntomaino-the-distribution-monetary-rewards-tradeoff-and-a-proposal-to-accelerate-disruption-of-incumbent-social-networks-20160805t073805396z
categorysteemit
json_metadata"{"tags": ["steemit"]}"
created2016-08-05 07:38:06
last_update2016-08-05 07:38:06
depth1
children0
net_rshares0
last_payout2016-09-04 05:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,337
author_reputation19,250,607,728,685
root_title"The distribution-monetary rewards tradeoff and a proposal to accelerate the disruption of incumbent social networks"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000