RE: BidBots - THEY DO NOT DRAIN THE STEEM REWARDPOOL! by geekgirl

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Viewing a response to: @fyrstikken/bidbots-they-do-not-drain-the-steem-rewardpool

· @geekgirl · (edited)
@fyrstikken Thank you for explaining the bid-bot economics. I have few questions regarding post promotion economics.

A few months ago I watched Ned's video from SteemFest 2016.
https://www.youtube.com/watch?v=Uuyzyd5JhWI

 He says the following at 1:09 minutes into the video:

>For the first time you can bootstrap a currency now with Steem around people's attention. So people are paying their attention to the website, to steemit.com or to another website based on Steem. And then those people can say to people who want their attention: advertisers or people who want to promote posts - "You can only get your content into my feed if you pay me".

I might be wrong, but it seems to me, rewarding and incentivizing the content consumption is neglected on the platform. Not everybody can be a great blogger, vlogger, content creator. In my opinion, a majority are content consumers. But since content consumption doesn't get rewarded as much, many focus on becoming content creators. 

Since bid-bots serves as providing visibility, promotion, and marketing for its users, maybe bit-bots can fill the gap of rewarding content consumers as a mechanism of incentivizing consumption of bid-bot voted posts. 

Can Dtube model of curation reward distribution be implemented in bid-bots? For example, a bid-bot can share 50% percent of its curation rewards with those who voted on the posts, giving them additional curation reward. 

Do you think something like this or other innovative methods can attract more people to view and consume promoted posts?  Can this even be viable for bid-bots?

You mentioned @frontrunner in one of the comments. That is a good idea  to maximize curation rewards. However, it only works for automated votes, which doesn't really encourage content consumption. What other methods do think post promoters can implement in the future that will incetivize manual curation and content consumption? or is there even need for that?

My thoughts are bid-bots have a great potential to revolutionize and bring new creative ways of advertising that can also benefit the ad/post/content consumers. 

Thank you for your answers in advance.
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@abh12345 ·
This is a great comment, thank you for sharing the video too.  A shame no response was provided.
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