RE: Tips On Leaving More Comments (Engagement)

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"Time on site" has always been the main currency of successful social platforms. Engagement, and an effective push-notification system that bring users back to the app or website when they receive engagement that they're likely to want to spend time on, have always been the main drivers to enable this. I think one weakness is having a reward system that solely relies on inflation-derived rewards through stake-based voting. Users are then not incentivized to do what they can to bring more eyes to their content the way they are on other platforms where income correlates directly with views and clicks. Instead, people often perform best if they go and show themselves to others who are already on the platform because those are the people with a stake and who thus determine rewards. In other words, effort does not create a network effect.

I hope the next set of innovations to come from Leo is to give both creators and stakeholders benefits that scale with views. This could be a quarterly dividend paid out to stakeholders and the top authors based on views where some of the ad revenue is shared. Maybe it won't be a lot initially, but it can get stakeholders more motivated to consider the effort users put in to create a network effect when they curate, as obviously, they want to see users bring in more eyeballs and engagement in order to see their dividends grow. That's just 1 out of 20 platform-economic ideas that could work that I have for now.

I know the recurring payments system in hf25 and l2 smart contracts planned for hf26 will do a lot to enable these things, but hope people start implementing some "soft versions" sooner.

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You are right, the focus is upon rewards and it is impossible to get away from that. However, we all can do things that set that in the background, if you will, while concentrating on other things.

While it would be nice for the apps to do something like you mention, it is important to alter what we do individually. If we can put our efforts towards "time on site" and engagement, perhaps we can bring the social media aspect to Web 3.0, not just the monetization.

It is going to be hard but it all starts with the one in the mirror.

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