Steem team, Sunday morning musings.
Sunday 24th July 2016This morning I had the brilliant idea of putting together a team of writers then publishing our content on steemit.com
Steemit.com is a crypto currency related social network, very similar to reddit, with the difference that good content gets paid in actual money, albeit Steem dollars. Easily convertable to Bitcoin or Fiat.
So during my lightning fast brainstorm I came up with a name STEEM TEEM, and a idea of how we will divide our earnings from the platform. Firstly why is it better to collaborate on Steem?
Steem power gives the writer of a post more exposure similar to a higher google ranking. However steem power is not free, it can either be earned or bought. The thing about using a collective to publish your posts, is that you will have the visibilty of the group for each of your listings instead of just being one in an ocean of new posts each getting very few views. Its beneficial to have great writers, because that will bring more upvotes and in turn more steem power and in turn more visibility, can you see how the vicious cycle grows and grows?
So I decided quite quickly that the first 3 posts a writer donates to the STEEM TEEM will add exclusively to the steem power of the collective, After that the writer will keep 70% of the steem dollars earned, with the other 30% being divided between Crypto SI, Steem teem Shareholder (to be explored later) and more steem power, I really cant emphasise how important steem power is to visibility.
I thought also about selling upvotes when, the STEEM TEEM vote becomes powerful enough, this may take a while and has ethical implications, but all can be explored at a later date.
Shareholders, I thought of having an equity sale which can go towards purchasing steem power and reward the investors in the steem teem with a regular dividend (monthly) from a percentage of the money raised by our bloggers. This also gives the bloggers a chance to own a portion of the project if they can see a long term future for it.
I havent seen anything like this yet on steem, but its only a matter of time, the real challenge will be if its shunned on the platform or steps are taken to downvote collaborative posters. Its a small risk and worth taking in my opinion.
I currently have just over $1k worth of steem power, which is enough to get a small amount of traction, so I'm pretty much ready to get this project started tomorrow
If you'd like to recommend a blogger or vlogger to the STEEM TEEM, feel free to message me
cryptosixxx@gmail.com
or you can find me on twitter @crypto_si
instagram @mrcarlanthony
Let me know what you think of this musing in the comments below.
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