The Milk Challenge revealed that many people agree that improved activity and engagement are good for Steem and as the price and volume increase many are looking at crypto again.
We need to have some fun and not spend all our time complaining about what someone else is making or other internal battles. You know what makes content better? Well paid authors and competition.
It got me to think about GOALS and how they benefit us:
Provide Direction
Clearer Focus on what is important
Clarity in Decision Making
Provide Motivation.
Sense of Pride
Having a purpose
Any good goal needs to be measurable and reasonable, so I got to thinking about what are the ways we can measure how Steem is performing. Obviously price is one measureship, but we need things we can focus on impacting.
First let's take a look at current daily posts:
We know there is a close correlation between price and the number of active users.
In the chart above you can see the daily number of posts. Today's count... 35,208, that includes posts and comments. On our busier days we are pushing 40,000 posts a day
(source of chart @penguinpablo)
https://steemit.com/steemit/@penguinpablo/daily-steem-stats-report-tuesday-february-4-2020
What if we were to set a goal to have around 45,000 posts and comments per day? This would work well with a push like 1 post, 10 comments a day. Each user could consider this as a goal to help hit the overall team goal of hitting 45,000 posts a day.
I could easily come up with some others, but I am also curious what everyone thinks about setting goals and tracking them. Many say just writing down those goals even without planning improves their odds of coming true.
In my last company we called them Key Performance Indicators (KPIs)
The criteria is basically the best guess of "if we do these things we think we will be successful." First year KPIs are always a guess. Of course you don't know if you are tracking the right things until you get some results.
Now I fully know some will be against formal goals, so let's just say this isn't formal. It's an act of tracking success and failure, and no one has to abide by the goals.
So, let's talk about it what do you think show some indications that we are doing well?
Brainstorming other potential Steem Goals:
Percentage of Powered Up STEEM.
Price Goals
New User Growth/Daily User Growth
Retention goals
Average Number of New Users per week
What are your ideas? If you could write the Key Performance Indicators for Steem, what would you say we should track to see if we are improving?
I know there are
!ENGAGE
tokens that are rewards for people engaging with each other on Steem, as part of a way to measure engagement. I think that it’s more important than even posting.
It’s faster and can with a lot more people in a shorter space of time.
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45K posts? Unleash the @animalcontrol.
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lol, well maybe not every post is beneficial.
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I am all for setting goals, but it might be difficult in the context of the Steem ecosystem to ensure progress and achievement without some form of 'central' management.
Micro-monetary- manipulation / incentivisation might do the job, but that would likely depend on one+ large stakeholder being willing to use their stake to that end.
Which would in essence be that very central management...
But I would still say Go For It.
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Yeah, totally not centrally managed, I completely agree with that.
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Hi pennsif, following this line of thought, we had proposed a decentral structure aiming at pushing STEEM forward in joint efforts. KPIs could be helpful in doing so. Maybe now is the time for doing so? https://steemit.com/foundationproposal/@impactn/decentrasteem-final-proposal-for-a-decentralised-structure-in-favour-of-communities-on-steem
Posted using Partiko iOS
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Could well be worth a try.
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Right now I am trying to comments the most I can.
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Do people comment back on your posts (or even reply to your comments)? Because I am also trying the same thing, but people rarely cares about my posts. Luckily there are a few exceptions lately, so not literally all of my posts are ignored/overlooked. Many of my comments got ignored though.
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Mostly the same scenario in my case, unfortunately.
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That's great for you and those you are dropping comments on!
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I think New User/ Daily User Growth would be something I would hone on in as a KPI
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Yeah
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The user retention is more important in my opinion. That should be the first priority right now, because the user growth is nothing, if the number of the daily active users are continuously decreasing, because people are constantly leaving the Steem blockchain.
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Definitely Retention rate. Active accounts/total nr of accounts.
Also interesting to have a metric to measure engagement, but I am still thinking about which parameters to look in.
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number of average comments per post maybe?
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More like the number of real human comments. Nowadays the number of average comments is around 3, but most of these comments are bot and/or spam (or spam-like) comments, which is sad. The users should really focus on engagement instead of just posting their own blog posts.
The Steem blockchain nowadays feels like a ghost town, which is not going to attract new active users, and the number of the remaining active users will only keep decreasing. I know it is ridiculous, but there is something called "proof of engagement contest". A contest about engagement. On a social media platform. I think that if a contest is needed to interact with each other on a social media platform, then that is a long lost story.
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You seem to think it is dead, but here we are two humans having a real conversation.
It's depressed, we've been through a depression a mad rage of dumb downvote teams, a hardfork that favored stakeholders. Morale is low. I don't deny any of that.
So, now what? Do we quit, throw in the towel? Or work to get it back on track?
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I hope for the latter (work to get it back on track), but I am not sure about the rest of the users. To be honest, I already left the Steem blockchain a few times because of my disappointment in the platform (or rather in the behavior of the majority of the users), but I always returned to the Steem blockchain so far. We are (only) two humans, but the rest of the users are many. You know the saying, "one swallow does not make a summer". The rest of the users should do the same (interact with each other).
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I choose to focus on what I can control (me) and attempt to provide some positive feedback. (influence)
I don't know if Steem will work or not, but I can't change others, so I don't focus on it. (very often, as a goal that I fail at sometimes.. ) I'm being funny.
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Less posting, more commenting. Saying that I do like to write posts, but not everyone should. Lots of crap posts just cloud things. Idk. Defo no complaints. Yawn.
Can I just ditto what @novacanadian so succinctly and eloquently said?
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you can ditto who ever you like, but if you are going to act like Quality is a measure of performance you should have some examples why...
Like other sites that focus on quality, or why it makes a difference.
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Don't think it does matter tbh. Its an anything goes kinda place and can get delightfully messy. Just saying people shouldn't feel obligated JUST to post to earn and engage.
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Exactly what the majority of the users should do. But they are doing the exact opposite. Some people do not even bother to comment under other people's posts. They do not even care about other people's posts.
They are so selfish and greedy. And by doing that, they are dooming/sealing the fate (of) the Steem blockchain. Even if they do comment, their comments are often spam or spam-like. The worse when they upvote their own spam or spam-like comment. The Steem blockchain should be a social platform, but nowadays the Steem blockchain is not a social platform. Maybe most of the users are not grown up to it.
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Goal setting is a good thing. However quantity is not nessasarily quality. Additionally it is my feeling that the focus of blogging on the STEEM bloclchain is slowly shifting.
It has been my belief for some time now that STEEM is slowly moving away from its one trick pony status of trying to be a mini multi media. That role is slowly being supplanted by dApp traffic and rewards.
@taskmaster4450 recently documented this shift by scientifocally laying out the numbers.
Just the fact that so many posts are navel gazing (this post a good example) should make it obvious that this is a wonderful (and unique from most other crypto communities) communication tool. Our own bitcointalk.org on our blockchain, if you will. A tool that puts personalities on a hash address.
In my mind we do not need more posts for the sake of posts. More is not nessasarily better. STEEM's success will be with more innovative dApp development which will shift STEEM toward more a utility token and less a currency token.
But as Randy Bachman so eloquently put it, "Any love is good lovin, so I took what I could get." 😎
We aint seen nothin' yet!
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I agree that blogging isn't our only focus, so what are your thoughts on more activity in the other places?
It's my position that the endusers are the ones playing the games and doing other things.
Regarding the quality of posts, have you seen twitter or Facebook, both of which are out performing us.
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Once someone figures out the means to distribute those ad revenues via the inflationary rewards mechanism as well as rewarding users to watch them, then we shall probably want less stake holders not more... that is if you are presently a profit driven capitalist stake holder of STEEM. Such an investor would want only high quality content creators to drive traffic; yet as few stake holders as possible with which to share those profits.
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Not only high quality content can drive traffic. Just see Facebook, for example.
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You realize that is proved incorrect by every other social media site.
lol
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You mean there is a corporate social media site which is paying users to view ads and distributing the ad revenue with users/stake holders? Sign me up!
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There was at least one. For example Tsū since 2014, but they closed the website in 2016. Although it is set to return. We will see.
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