I've only been on Steemit for a few month or so, but think it still have a lot of potential. Here are the reasons why I think so:
*1. The addiction factor of users.
How addicted users are to the site? I was and still am quite addicted to Steemit, much more than when I first found Facebook. But what determines someone's addiction?
A study done by Harvard Research Science reported that talking about ourselves on social media activates a pleasure sensation in the brain usually associated with food, money and sex.
Well no shit, now we are getting that same sensation on Steemit, but not just from the upvote that releases the sensation but we also receive money for it, therefore 2x the addiction sensation.
Therefore Steemit is VERY ADDICTIVE! Don't you agree???
The short term problem however is that these upvotes are not as regular as on Facebook or Instagram, just because all your friends and family that usually see your post first and like it because they feel obligated to do so aren't yet on Steemit. But in a few year, I predict that almost everyone will be on Steemit or a similar platform, just more addicted to it!
*2. Usability - Steemit incorporate all the major well known social networks currently used by the public, Steemit blogging = any blogging site already monetized from the start, Facebook = busy.org, Instagram = Steepshot and YouTube = DTube.
Well everyone is already on Facebook, Instagram and YouTube already, but they are starting to get irritated by the advertisements blocking their ease of browsing. Now we have Steemit with the other sites build on top of it that provide the same service or experience, but without any adverts and wait... An added bonus... You get paid to be on the platform!
Much more user friendly and much more fun to get paid being on it!
Yes there is one negative aspect that I see in this regard ant that is the fact that you only get the upvotes from the first 7 days after the post. I speculate that this is one of the major flaws on Steemit, where a competitor will win maybe in the future, by paying you per view or by making a payout every day for each days upvotes.
Then again it might not even have an effect if Steemit becomes hugely popular, because no-one will read any post after 7days in any case if there is so much posts that you can consume only the first or so day as it is currently found on Facebook.
*3. Sellability - How easy is the idea to sell?
Well everyone are on Facebook, Instagram and YouTube already, but they are starting to get irritated by the advertisements blocking their ease of browsing. Now we have Steemit with the other sites build on top of it that provide the same service or experience, but without any adverts and wait... An added bonus... You get paid to be on the platform! No way!
How easy is that to sell to your friends?
The only negative aspect I found however was the fact that you need to wait to get signed up, which is counter productive, because everyone is so used to instant gratification that they want to sign up now and get going straight away, without needing to wait.
What do you think? Leave a comment and let us hear your thoughts!
