The creator-curator flippening

in LeoFinance •  4 months ago  (edited)

I have been creating on Hive for as long as the blockchain can remember (almost) and have managed to earn a fair few tokens along the way, as well as been encouraged enough to buy a few more. I am lucky in many ways to be where I am, but I also live by, the work has to be done for luck to play its part, and I have done the work.

However eventually, it won't be enough. My time as an earning contributor is limited - hopefully. As I said to @acidyo though, I ain't dead yet.

Eventually, I am hoping that there will be way, way more contributors who add brilliant content that gets support by, millions of consumers each day and in that space, there might not be space for me. I am okay with this and for three years have been working toward this point, which is why I have been powering up consistently, as regardless of my own contributions, the benefit of Hive for a powered up account is as a consumer.

Don't misunderstand, I love writing, but eventually the attention will be drawn away and dispersed and the "old guard" will scatter on the winds and spread across the four corners of the blockchain, to find new activities. We can see this happening in some regard now for example, @theycallmedan searching for an assistant to take care of some of the on and off chain daily legwork, to free him up for other things that might be more valuable to him and the community.

As a writer, it is a challenge in many ways to be able to consistently create consumable content and those who do, know just how hard it can be. But, this is the world of the attention economy and attention is very hard to maintain long-term, especially when there is a lot of value at stake, because value attracts competition and eventually, even the best will fall behind, even if they were once on the cutting edge, a leader, influencer and a trailblazer who inspired others who followed to outperform them.

"Being like Mike" isn't good enough - you have to be better than Mike in order to compete because the bar keeps raising through the process of evolution. Faster, higher, stronger, smarter. Once a record is set, all other competitors in the class are looking to break it - and the pool of willing contenders grows the more value there is available on the table.

The Hive in the pool is worth a couple hundred thousand dollars in total currently - imagine if it was distributing 8 million instead - that is about 10 dollar Hive value. Do you think that would attract users willing to try their hand? Would that push the value up to 20 and 16M out of the pool? But it is not just this, as not only will contributors come, but new experiences will be built that draw on the attention, new games and business models as well as other tokens will be vying for attention.

If you are struggling to compete for attention now under the current conditions, how do you expect to compete when there are 1000x the number of active users - that would make it only about 10 million users by the way. You think you have hustle and grind, you got game?

But, you might have some stake. While earning from the pool as a creator is going to get more difficult, as a consumer we can be spoiled for choice, with tens of thousands of brilliant creatives and developers out there looking for our attention and support by producing content that we love. And these people will be signing in and creating for reward because they are great at what they do and they won't be able to rest on autovotes, they will need to constantly work to stay in touch with their audience, to stay relevant, to keep up with all of the competitors looking to draw attention away.

Everyone can create on Hive and for me, I will likely continue on for years, but it won't be to earn, it will be because I enjoy the process and love what I do. But as a consumer, there I will be able to continue on earning indefinitely, as that is the value of stake, it has draw on the pool through community development and support.

I have consistently added at least one post to the blockchain a day for 3 years straight now and up until this point, not once have my curation earnings outweighed my creation earnings. For some, this is a point of contention perhaps, others jealousy and others still, evidence that effort counts, - but this is the case.

I call bullshit on, "Love what you do and you'll never work a day" and instead believe, love what you do and you will work as hard as you can to do more of it. It is why so many creators burn out and wither, they don't love what they do and their incentives aren't tied to what is within their control. I have zero control over what I get rewarded, other than what I can offer through what I create. I can affect what I contribute.

The investment into Hive Power is part of my contribution to the community too, and if things go well, will be valuable for all. Not only does it lock up Hive to create some level of stability, it can also be used by me or those I delegate to add value to others in the community and direct some portion to places I consider worthy - which changes over time too.

At the moment, I have a vote of $1.73 @25 cents - so ~17 dollars a day or about 120 dollars a week. Since I don't self-vote, at least 50% of that goes to members of the community. 60 dollars a week is a significant amount of money in many places in the world - and this isn't charity, it is being distributed on activity - work of some kind. While people can make all sorts of judgments on how stake is used, I personally think I do a pretty good job of adding value to the community with mine as well as what I contribute at these prices.

One day though, I am hoping that we are 50x up from where we are today and instead of 120 dollars a week, I will distribute 6000 a week. That means that I would get about half of that through curation and, the flippening happens.

The higher price goes, the less Hive is earned and, the more eyes get drawn into the space and onto content. At no point was my content (even at the highest highs) getting hundreds on it meaning if we went back to those highs, I would be earning more through curation than through contribution. I would say that there would be quite a few in the same boat by that point and what that will mean is that people will contribute less or be encouraged to contribute less, especially if what they contribute isn't perceived as value adding and this time with 2.5 downvote reasons, encouragement to curate instead of create can be influential.

This doesn't stop people from creating though and if the community feels what is added to the chain deserves value, it should get value, but it will be more likely that some of the older members who have spent years and faced risk to have built and keep their stake, will sit back a little and spend their time enjoying the fruits of their labor as consumers. Some will drop out of the space entirely, as life happens and people get tired.

But, what all this hinges on is the ability for Hive to proliferate and create a space that has a lot of consumers of the content created and while other platforms have celebrities now, we have normal people. This is far more valuable than people tend to think as what Hive can become is the economy that isn't driven by a handful of "King Maker" authorities, but a community of engaged people who are interested in supporting other real people who do and make great stuff.

Who gets supported long-term is going to depend on their ability to hold attention and in this world, holding attention for a long period of time is unlikely. It will be a highly dynamic environment, but because of the distributed network and the introduction of secondary tokens, the "popular" authors will come and go from all kinds of regions at all different times. Rather than having a "winner takes all" type scenario as we have today due to narrow and profit-focused curation on the centralized platforms, it will be, many different winners, all of the time.

This makes the chances of gain better for contributors, but the level of gain lower. Rather than a couple of astronomically high peaks and little else, the distribution of value will more resemble rolling hills. There will be differences in results factored by many points, but the regulation of value will be in the hands of the very many and, those many will have a very diverse set of interests - too much pooling in one area and the community will react to redirect it to another and the dynamic environment makes maximization hard as "the best way" will be unclear.

Trends will come and go, topics of interest will change, contributors will fall in and out of favor - but the platform can thrive as a collection of owners who will shift and evolve themselves on the will and decisions of the community itself.

Taraz
[ Gen1: Hive ]

Damn it, I was meant to get to be early and the sun is already getting ready to come up again...

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This is like inventing a sport. You start out as a small group; and you're all in the top ten. Time goes by, the crowds build, the sponsors show interest, the standard of competition goes up.
Eventually you need to transition to coach or even team owner; as new, fitter, hungrier players arrive.
If you just cash out and spend any earnings as they arrive, you'd best hope you stay young and fit indefinitely.

you'd best hope you stay young and fit indefinitely.

Many are taking this path.

And yep, this is pretty much how I see it. I don't count myself out at this point, but I am looking forward to the fitter and hungrier players. Maybe a diet of consumption has taken their appetite?

That's a pretty good analogy.

That is very well put. Nice one!

There's a mathematical precipice where every user will eventually earn more in curation than what is possible through their own ramblings.

For some, they've already reached that sheer cliff.

For others, that may just be an aspirational goal. Others will continue to write because they still have things to say.

For some, they've already reached that sheer cliff.

Quite a few I think.

Others will continue to write because they still have things to say.

It is fun to ramble, no? One of the things I have missed through lockdown is the random conversations with colleagues around a coffee table. I think it adds value to life to shoot the shit with friends and strangers alike.

It is fun to ramble, no?

Lol... :)

Jeeze. If I lived where you do the dog would start agitating for his walk at midnight instead of starting at 0400...

I LIKE to write. I'm not producing any content to speak of, but I am writing. Sometimes I love writing when I have something to say that people will want/need to know. I'm thinking another go round on the environmental concerns with the Colorado river. I've done it before as part of something else, but it's in trouble and 60 million people get their personal water from it.

Aye digress. I love to curate. I love reading what others write, and the idea that I can vote them a reward makes the reading all the better.

Thanks for all the wok you do here. I really believe that together we can make this place something special.

If I lived where you do the dog would start agitating for his walk at midnight instead of starting at 0400...

Ours turns 14 very soon, he already gets up for a pee some nights. Last night though, it was my daughter at 4 am...

I'm thinking another go round on the environmental concerns with the Colorado river.

I think this is something that a lot of people miss, they don't write what they care about - they write for votes. If the votes don't come, they have spent their time on nothing of value, even to themselves.

and the idea that I can vote them a reward makes the reading all the better.

It is very cool to be able to directly add value to something without the middleman deciding how much. I think the people who look for ways to extract as much as they can from their own vote are shooting themselves in the foot.

I really believe that together we can make this place something special.

I do too, otherwise I wouldn't be trying :)

Yeah, I do agree with you. I have also been a content creator for many years, I even own a website, and with the attention economy rapidly moving and changing all the time, it gets harder to grab that attention.

I have also been on the steem blockchain for almost 4 years now! I have experienced success and loss. I have experienced the ups and downs throughout the madness. I haven't been as consistent as you with posting, however.

Now that I have discovered the Hive fork (just yesterday), I am now debating if I want to become a content creator again on this platform. If I do, I think I will start a community around my topic which is off grid living and homesteading.

I am a little on the fence though....

It is definitely hard, especially going it alone in the wilds of the internet :)

The consiustency can be hard, especially when there is seemingly so much more down than up. But, I am glad there is new life on Hive.

I think that there is a homesteading community already, but unsure as it isn't my area. Perhaps @bigtom13 might know or even my brother @galenkp. There can always be more of course, but it might be good to see what is out there :)

Welcome back!

There is an active group of homesteaders here. I'm not sure what they call their community or if they even have one but there is this https://peakd.com/b/badge-131313

MakinStuff has a show on MSP Waves (the Palnet Discord) at 5:00 pm UTC Saturday. It's always fun and about homesteading and makin stuff :)

@minismallholding might know a bit about who and where to find this also :)

Thanks! Yes, being a lone wolf content creator is very difficult. Really, its the consistency of posting that I find to be the hardest.

After thinking about everything going on in the world, and the massive censorship thru Google and YT, I might focus on topics here that I am not allowed to talk about on MSM.

I run a website, https://www.maximumoffgrid.com, that is all about building off grid systems and becoming free of municipalities. I cannot place many topics on there for I will get shadowbanned by Google. Google does not like preppers/survivalists. Especially preppers with guns. lol.

So many people that have built their content on YT, only to get demonetized. But Google can do whatever they want to. Because Google is a company and they can have their own say on what content can be monetized or shadowbanned.

I am glad to see Hive, I mean, so glad. Steemit became the ultimate throw up a little in my mouth shithole. I hope that Hive can perform much better.

Will there be no voting bots over here?

@tarazkp summoned me and I'd like to say I appeared like a genie, but it might be more like a bad smell...

There are a few communities based around homesteading and off grid living. Some are busier than others. The homesteaders one is run by @jacobpeacock who is himself a bonafide off gridder. Most of the activity tends to be at the @naturalmedicine community, which incorporates homesteading as many of those interested in natural medicine are also homesteaders anyway. I write up a weekly curation newsletter for that community and there is a gardening specific channel in their discord. There is also an agricultural mindset (I think that's what it's called) community.

Ah, thanks for the advice. Off grid is a very large topic, more like a culture than anything, that entails lots of facets. I will check out those groups/topics.

Most certainly. That's why it's so hard to really put it under any one category. Another community which may also be pertinent is @ecotrain, created by @eco-alex who is currently in Portugal working on the ecovillage project, an off grid community.

Interesting, I will check him out right now! Ty!

One day though, I am hoping that we are 50x up from where we are today and instead of 120 dollars a week, I will distribute 6000 a week.

Hoping for 50x in almost any other investment would be “irrational exuberance” but in the crypto space it’s almost conservative thinking. 😅

Adding to one’s stake now when it’s still relatively easy to do so just makes so much sense.

but in the crypto space it’s almost conservative thinking.

I am known for my conservative views ;D

Adding to one’s stake now when it’s still relatively easy to do so just makes so much sense.

It is quite incredible how few actually do though. They seem to think that 100, 10 or 1 dollar invested in is too much - I think it will cost them.

This gave me so many ideas...And even more, challenged the way I think about my journey here on HIVE.

Thank you for that...Lots of digest and plan my future here too!

Glad you enjoyed it. I try to at least occasionally bring some different perspectives to what people might already feel they know :)

How will you cope with the mental stress of NOT creating as frequently as you used to anymore?

It will be like walking on razor blades. :D

I will likely still create to some degree as I actually really enjoy it, but it doesn't mean I will earn on it.

I figured you'd do that. There's a certain rush that comes from creating daily.

We don't speak of the old ways.. ;0D

Ah fuck....

:0D

In my defense - I was selling Steem while doing this :D

Lol. I'm waiting for a few days, the price keeps bouncing back up!

Not a bad idea I think. I set some a little higher figuring that some random will pump it not knowing what it is

That's the best bet with crypto, prepare for the random pump!

My time as an earning contributor is limited

This cannot be true...The sky will fall in first.

:D We all die of something

Lol.

One day, (after a nine fold increase in my HP), I will be able to sit back and just vote, problem is I like to take pictures, while I may not be great at it, I do like to share some of my best and also some of my "opps, what the hell did I take a picture of". I don't post every day, or even close to every day, but I go through phases. Some time I find so much to read and look at on the Block Chain, I don't have time to make a post, sorry my entertainment comes first, then maybe I'll try to entertain others, I know pretty selfish attitude, but I do like to vote.

A ten fold price increase, yeah I could live with that, I would be raking in the curation, not as well as most since I just vote what I like, but I think more people are beginning to do that, leaving only a little for the trails and a lot for their own choice picks, that is a good change.

Hive can become is the economy that isn't driven by a handful of "King Maker" authorities, but a community of engaged people who are interested in supporting other real people who do and make great stuff.

I think we are slowly moving in this direction, and I think it is good direction. No one really likes hearing "you just have to see blah blah he is just the rage right now" I and other normal people are becoming the "King Makers", will we like it, well we are a fickle lot, King today, Stable Boy tomorrow. (to clean up the crap they left behind as king).

There will always be space for people to create here I believe, but I do think that the majority of the pool will go to the hungriest creators willing to put in hard. It is a while off yet - obviously :)

but I think more people are beginning to do that, leaving only a little for the trails and a lot for their own choice picks, that is a good change.

Yep, I see this happening too, at least with some users.

King today, Stable Boy tomorrow.

Isn't this a better system, more dynamic and less open to abuse by the few?

I think it is a better system. People can ride the roller coaster, it is a slow crawl to the top, then a sudden fall, scary and thrilling at the same time.

I think it will also fit in with the new economies where people are essentially forced to live in high job uncertainty - short-term contracts and many small value streams.

I am greatly supportive of this vision of the future of Hive. I may have my doubts on how some facets will play out, particularly due to certain influences from without the community, but they do not counter the essential principles that underlie your thesis.

I will be very glad to see my meager efforts eclipsed by younger, hungrier, contributors, because that will be the fruit of my labor I seek: not remuneration, but the availability of a more free, more prosperous society to me and my posterity.

Thanks!

I may have my doubts on how some facets will play out,

This is what makes it so much fun to take part in - the uncertainty is addictive.

I am hoping that in time, it will actually inspire the younger to get hungrier and be creative, rather than consumptive.

While there is no application, one will have to select quotes manually.

the work has to be done for luck to play its part

"Being like Mike" isn't good enough - you have to be better than Mike in order to compete because the bar keeps raising through the process of evolution.

love what you do and you will work as hard as you can to do more of it.

in this world, holding attention for a long period of time is unlikely.

Damn it, I was meant to get to be early and the sun is already getting ready to come up again...

Thank you!

See! it would be a pretty darn good application I think :D

Absolutely, as a creator you have total freedom to create what you like, but then again you have responsibility to investigate trends and topics people are interested in if you want to stay relevant with your audiences and even more so if your income depends on it. You have to find a perfect balance of those too to stay productive and still enjoy what you are doing.

I think it is a balance that will be very hard for most people to find consistently.

More interestingly is the ability for staying abreast of trends through the distribution. How I see the network is like an early warning system or a nervous system, that has sensors all over the world and across many domains. When something happens at one, it is an isolated event, but when it happens at several distributed across diverse regions, it is a movement that can be very valuable to understand. This is why the data gatherers are so far ahead of the game, as they have data at levels globally that no one else has access to, unless they pay. And even when they pay, it will only reveal a fragmented slice of cherrypicked information.

I just became active here at Hive. I think I understand what you are talking about, but I will read it a few more times later. Thank you very much.

Give it a re-read and let me know more of your thoughts.

I will..

Even though, maybe, I've been lost because there are so many useful points and should be noted from your sentences and discussions that are so long, but I think I can sail out of the ocean of words, with one wind you blow, which in it: willpower, freedom, togetherness.

Thank you for your enlightenment.

As the Dire Straits sang, "Money for Nothing and the Chicks for free"

I like posting and the fact that I get paid for it is a bonus. In actuality, I love reading and wish I had more time but work won't allow me the freedom, but, to be able to reward people the way we are able? (Okay, mine is little in comparison to yours, but, it is something! )

I have to wonder why more people aren't here.

!tip

🎁 Hi @tarazkp! You have received 0.1 HIVE tip from @dswigle!

Check out @dswigle blog here and follow if you like the content :)

Sending tips with @tipU - how to guide.

Doing what you love makes the money aspect be on secondary places. That is why after 3 years you have not burned out. Because it is obvious you don't do this for money only. You write because you love writing. But also put a lot of work into it too.

I think it is good to have a standard of quality always higher and higher. Creators like competition because it makes them grind harder. A creative mind looks for opportunities and growth. It does not sit around comfortably on 1st spot waiting for awards being thrown upon them

Giving back to the community of authors is the greatest part of Hive. A vote doesn't mean only money, it means someone read and felt good to see your content. On Hive, a vote is not a simple vote. It is rather a vote of trust. And that makes you want to live up to your standards and deliver the best that you can.

I agree with you and why I am looking at my alt differently right now. It was set up for Hive engine and it's many tokens. They will become a thing eventually I think (hoping). I am now seriously looking at some leases to grow in the meantime and join the curation bandwagon. Need to grow quickly again and get ahead of where I need to be as 100 000 is a realistic target before the masses arrive.

Man this is a gem of a post! You make me go philosophical this Saturday morning ☺️ I love it!

And that comment: write about what you love. Others write for votes and when the votes don’t come they wrote it for nothing.

Lots to think about...

Glad to be of thought service 😊

New account? And profile pic :)

Yes it is. @elbrava is my main account, which is mostly set up for consumption 😜

With this new account I try to show how quickly you can grow if you provide quality content and invest the rewards smart.

I was looking at curation/content earnings last night and think for me it's about 20%/80% at present.

Quite a long way to go until average post value matches CR, but there was a time when it was 0.01%/99.9%, and so the flippening is happening, slowly.

That could well speed up once the masses arrive, I hope it does as it will likely mean the token is worth a lot more.

I can't even remember when I first earned something in curation. n2 was in place for the first six months I was here also.

It seems my ratio is at about 1/3rd Cur/PostRew

Mine could be closer to 30/70 actually, looking forward to the flip :)

Do you think when the flip happens, it will affect your posting?

Yes I think so, or at least my mind towards posting. I usually miss a day or two each week, and feel like I've missed out on a few tokens - frustrating and silly.

Yeah, I think it would be for me too. I like posting (and the earning also), but perhaps I would put a little more fun stuff in without feeling like I am going to get punished for it :D

Same, but the mankini will appear someday :)