I saw somebody quoted that currently, the steem distributes around $ 5000 per day to the content creators. That too, they give mostly to the 1st day. I think , the day 2 onwards, the contents won’t allowed to generate recurring income like YouTube or any other revenue sharing platforms. That’s not the right method. As long as it generates more views, it should be allowed to generate income proportionately. Then only, it can be called ‘equitable’ and equal opportunity platform. You can decide nearly 75 % of the money for the new content and at least 25 % should go to the existing content. The ideal strategy is irrespective of whether the content is old or new, based on its views and votes it should get the revenue. Otherwise, somebody else will emerge and create a better revenue sharing system to lure this audience. Steem is still in Beta stage, so there should be some course correction required. Let’s do it now and let’s do it with prudent. The truly incentivized platform should give incentives not some fixed period, but forever.
By
Srini
