RE: Can Steemit democratize the $65B publishing industry?

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Can Steemit democratize the $65B publishing industry?

in steemit •  8 years ago 

Thank you for your response.
You are absolutely correct, and I agree, that advertisers currently prefer buying eyeballs through metrics. However, steemit could turn that model on it's head because now not only does buying SP give a ROI through advertising, but also gives ROI as a share in the overall revenue of the platform. Admittedly, I would be speculating on how advertisers may value that.
Also - You make a great point about the downvoting that I didn't initially consider. However, correct me if I'm wrong but.... a minnow's downvote does not have a large impact on a whale's post, right? But, I can see how the masses could make a bigger impact.

Hopefully, the masses come into the platform before an Advertiser scoops up larges amount of SPs and makes massive changes to the platform.

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