Community post
Let's please accept Advertisments on Steemit!!!
I love this platform, it's the first time in history (I think ;) that we are owners of our own social media platform, in which we can invest by buying Steem, we can earn our stake here by creating content that people like and their upvotes make us money, and we even get paid for voting! But what's missing in my view is the demand side for Steem!!!
If we all get our Steem appreciated by the fact that companies are buying advertistments here on Steemit and they forcefully have to buy Steem in order to advertise here, why not accept them!!! That money is for us!!! We will be benefited in proportion to the amount of Steem we already have!
IF we're being beneffited by the advertisments we might see on Steemit, by banners, links, etc. Do we still think they will get in our way to finding and enjoying great content? How upset could we be if we see the value of our wallets grow exponentially?
I know there's this "promoted" section, but who sees it? I don't think it's working. We need the advertisments and banners on our own "Home" page and on the "New", "Hot", and "Trending" section.
I CERTAINLY wouldn't mind them if they make my Steem more valuable... It's for all of us!
PLUS there's something that has been nagging me about Steemit... If you don't "Power Up" your steem, your steem is being inflated constlantly and that's where the money comes from for paying content creators and curators... But in this scenario what's happening is that the investor's money is being used to pay content creators and curators AND there's no real use case for Steem (the coin)... We need to sell advertisments in order to create the demand for Steem that will create scarcity, which will in turn appreciate it's value.
If there's no business side to using Steem, then this makes me think of a Ponzi Scheme, and I may be wrong but if we're using investor's money to give it to content creators and curators we're only redistributing money from investors to creators... And when investors dry up? Where will the money come from?
I believe Steemit has the potential to become the Next Generation Social Platform... But why wait on accepting advertisments?
Plus, who would you think that would like to advertise here?? Only companies in which the demographics of Steem users are interested in!!!! We would see Cryptocurrency Exchanges, ICOs, New Platforms, New Business Models, Hiring Advertisments for Blockchain companies... Wouldn't you like an easier way to find these companies which are also looking for you??
It's just my opinion, but I truly belive that when Steemit starts accepting advertisments as the other social media platforms do, the prices of Steem are going to go to the roof!!! (More like, to the moon)
If you like the proposal Upvote it and let's see where it leads!!
Thanks
Replies (17)
I think your right - And ultimately I think this will happen.
Good article but no please. The problem is if steemit becomes extremely extremely extremely popular, its payout and system giveaway as of right now with HF19 will die off or deplete.
I think advertisers should not be on steemit because its scamy and we don't need that, we are steemit so we can keep this alive without bothering, flashy low payout ads.
to be honest, i think we should wait with the adds (facebook didn't do adds for a long time), as long as it's growing at a rapid rate - let it grow.
I just imagine a steemit with lots of popup/adds, which would look very scammy and would scare alot of people off
once it slows down a bit - and steemit goes mainsteam put some adds on
my sentiments exactly, it would be a great idea to have ads if it would bring more value to steem, upvoted and resteemed.
I'm still confused as how Steemit as a platform makes money. If they're hosting all this content we produce and paying the contributers how do they make money?
I guess at some point more ways to monitize the platform will come in, not too keen on excessive advertising though
There needs to be a balance.
Allowing advertisements isnt a bad idea. It would increase popularity for the platform, bring a greater return, and would benefit the community over all.
However, steemit becoming dominated by ads (say, like facebook) would destroy everything its trying to be.
The problem is its a slippery slope and a difficult balance to strike. We should allow ads, but they need to be strongly regulated and specific.
Steemit is attempting to change the way social works and is potentially revolutionary in its approach. The way it chooses to approach ads should be no different.
I think you could probably advertise through google on steemit's google search integration..
I like the idea of ads. But am more comfortable with seeing 'promoted posts' and the like. Example, seeing ads on tumblr that are almost exactly the same format as a post and can be interacted like a post. The brands start accounts and create content. I wouldn't like to see ad blocks feature too heavily around the site.
I think Steemit could use more social media features, beefed up profiles, messages, and hosted apps... people would be all over it.
Hopefully, it won't be too much advertisement. I understand the use but we have see how annoying it has become on other social media platforms.
They aren't hosting all this content. They host the text, but the content is hosted somewhere else. Even the images you copy/paste here are not hosted at steemit.com. If you look at the actual URL for the images, it's steemitimages.com, which is a separate entity. The only part of the content which is saved to the blockchain is the text of the URL which is linked to it.
I completely agree. Right now the only "money" coming in is through investors. That cannot sustain itself long-term. The content here is clearly valuable, but it has to be monetized in some way.
Even allowing companies to sponsor individuals or something like that. Let the sponsored steemian collect a portion and the rest go into the kitty for payouts and a certain portion for the devs and employees of steemit.
I'm in favor of ads.
Thank you for this valuable article, I was reading an article where facebook has so much valuable now with many people using and contributing it but the users can only use the platform , I am sure the advertisements will come very soon , but I hope it will come up with a good interface soon too. So exciting to be here . :)
I have been watching yours posts and comments @flyingmind. I would like to work with you on this project I am offering you an invitation of free ongoing access.
You have been invited to STEEM (SBD) Trading Bot Growth Hack Project, https://steemit.com/bitcoin/@jordanlindsey/i-think-i-ve-built-something-incredible
"Right now the only "money" coming in is through investors. That cannot sustain itself long-term. " wow hha thank GOD u only got $28 off this comment from just 1 upvote from a lost a clueless @flyingmind lol come on flyingmind and @domenicthomas COME on....just because u guys arent maing enough money u wana ruin steemit with ads?!?!!?! who the hell would get the money!?!?! EVERYONE? HELL no! HELL NO! we shouldnt just let EVERY new minnow get a fuckin cut of ad money ona sytem WE built!
wtf this isnt some internet democracy where u all get free money no matter what!
this makes me mad! u cant just throw out these broad statements and ignore reality and expect people to take ur cause sriouslY! wtf
"I know there's this "promoted" section, but who sees it? I don't think it's working. "
wow who are you to say this? promoted posts Do work! whales go look at promoted section evause if people pay to prootea post it MUST be quality orr more likey it is!
OMG guys come on....u reallly dont get how steemit works do u ?!??!!?
"money" coming inisnt just froom "investors" its also steem that is mined and created! We have an interest rate! steem isnt just bitcoin plus reddit!
oh lordy lordy lawdd lordy u guys just wont ever stop will u u just will never actually go READ how steemit works and try to figure it out !
u just always have to act ike somehing is obvously just wrong with steemit...u guys think that we need ads so that u can make an extra buck?
wy would YOU get any of the ad money??? if we DID have ads I believe ONLY Whales and dolphins should get ANy of that money! and ONLY the whales who have invested the MOST money into steempower risking their money and SACRIICINg to be here (they could have bought ethereum and made alot more mney) should get that ad reveue! why woul u assume the ad revenue would be split up among everyone!?!?!
u will then be complainng about how u have to deal with ads for shit u dont like while getting NONE of the ad revenue!
so u see how IMPOSSIBLE it would be to ave adson steemit?? who would even be abe to autrpize that!?! and who would decide who gets to keep the ad revenue!?
companies can ALREADY sponsor users!!!! U could get sponsored if you were valuable enough! llook at @craig-grant he is basically sponsored by @genesismining how are his posts not advertising? they are! we have PLENTY of ads on steemit!
if we enable ads we will be no betterthan reddit!
AND if we enable ads we admit DEFEAT! the whole POINT f stemit i to NOT HAVE to have ads! sorry but we wont need ad unless the blockchain iddea doesnt pan out which it WILL and u can already promote your stories for money here we have a promote button AND if you just pay people p upvote your post o the top u can get ur post to the top! a paid ad canalready be on the front pge this way!
please dnt get offeended personally at my comment, i just have to explain this stuff to u guys! steem doesnt neeed ads, we make money via crypto currency and u need to undderstand that!
we DONT NEED any new investors if we all just REFUSED to sell our steem and SBD!
This is a really controversial topic flyingmind, but as I have shared elsewhere I actually agree with you.
Currently companies are in fact able to advertise on Steemit. They could open an account with a huge amount of Steem Power and start publishing product related content. If they are good at content marketing they would even find success doing that. We would all benefit from that because when those companies buy Steem the price of Steem will increase.
On the other hand,
I would indeed welcome direct advertisements on Steemit like for an example native ads. As you mentioned, that would really have a huge effect on the value of Steem. Steemit is already one of the few block chain based platforms with a current use. Advertisements would really increase the amount we are paid for participation and that would lure in even more users.
I agree that Steemit needs to be proactive now in order to fight off any future competitors.
@ronni