Once again I've had a couple of conversations with people that kind of leave me confused about what people are thinking.
The Conversation that sparked this post, was about the value of End-Users.
While our end-users didn't buy in huge amounts many of them HELD and engaged and created active engagement and traffic. We were moving up the Alexa rankings which means something based on traffic and user activity. While we didn't get an immediate pay-off (during a bear market) there was a lot of growth and activity. Once you have a user base you can go after Investors, Advertisers and the Celebrities everyone always talks about. The User Base comes first. Celebrities don't come and bring their followers (unless paid) it works the other way around. Celebrities go where their fans are. So, while yes we do need development we also need to pay some attention to the community that everyone loves to brag about.
People love to talk about Marketing, I too want to see us Market, but we have to be able to curate and engage those users that come if we Market. We have had a few YouTubers and Twitter folks who had nice followings. They would get good initial visibility and then they were either attacked or ignored.
The current thinking is they didn't buy enough Steem. Well buying Steem from an ROI perspective is a good deal in crypto, when in comes to influence on the site it isn't that helpful. It's about 1000 Steem per penny of upvote. Very rough rounding involved in that estimate.
The curation guilds are great, but mostly they focus on more formal posts instead of engagement. Not that many people want to be an Author when they grow up, but most people will engage with others if they find a community that is interested in some of the same ideas and things they are interested in.
We need eyes on the site that can give a meaningful, (not huge, pennies is fine) votes and reinforce the concept that they can build a network of friends and reward each other.
The User Base has to come first. That means attracting and retaining some users by giving them things to do, ways to find each other and giving them engagement.
So, for those of you manually curating without delegation, fan fair or pretty much any appreciation thank you! But there just aren't enough people doing it.
How do we fix that and reward engagement?
I think the bear market is beginning to wind down and if crypto gets another price increase and mainstream starts to look at crypto again, we are likely to get new users.
But are we ready to deal with them?
Let's talk about in the comments and come on by SteemChat on discord to chat.