Proof of Esteem- Cognifying Content, Mining Time, Attention, and Appreciation with “Heart-Like-Tweets”
Proof of Esteem:
How will this evolving paradigm shift of esteemed content creators change the social media landscape?
In today's digital realm posting valued content is like mining a person’s most limited resources their time and attention, in turn being rewarded for capturing the intangible.
Steemit gives everyone the power to instantly reward valued content they enjoy and appreciate.
With the average lifespan of a person today being around 28,727 days. That is roughly the amount deposited into every ones “Time Wallet” when the Game Of Life starts. With every 24 hours, another day is withdrawn from the fund.
With more and more people making conscious decisions on how they allocate their time. The demands for “TureValue” quality content, accurate information, and efficient products will continue to advance. While misleading click bait and mindless spamvertising will slowly fade away. Allowing people to take full advantage of their most limited resource “TIME”.
I would like to think that we are on the verge of Cognifying Content, being able to calculate the amount of time and attention a particular piece of content is able capture and attract resulting in its “TureValue” or “Proof of Esteem” up until that point.
Imagine if a piece of fine art for instance the Mona Lisa, a van gogh painting, or one of Michelangelo’s sculptures. These are highly valued and regarded as one of a kind works of art. Now visualize if that piece of art had been embedded with a blockchain application that would have the ability to track the amount of time every person directed their time and attention towards appreciating these works of art. It would be worth its “TrueValue” or “Proof of Esteem” in time, attention, and appreciation. This could work for anything that is an original make and has embodied energy.
Could this lead to a “TrueValue” system, a “Proof of Esteem” or “Proof of Appreciation” concept for a given piece of content? The land grab for the most intangible assets time, attention, and appreciation is always evolving.
This would have been impossible to do in the past, but with today's technology the possibilities are endless. Especially with the ability to track eye movements across a screen, the bounce rate amount of time spent on a page, retention rates, engagements and other indicators. It seem like it could be only a matter of time before it’s a reality or just some far-fetched idea I had.
Nonetheless, It's unknown how this space will evolve in the future, but this next generation model of P2P interaction through transactional social media content creation seems be a good foundation for the digital interfaces.
Adapting to the trend: “Heart- Like-Tweets”
Will the current social network leaders recognize the vast potential that Steemit has to attract their user bases to crypto platforms? What steps could the top applications start implementing to acclimate to the current trends, to ensure the hive doesn’t migrate to a new nest? It seems obvious that Instagram, Facebook, and Twitter, could all integrate an incentive system into their existing “Heart-Like-Tweets” for more functionality. They would still be missing the decentralized and open source aspects.
The only reason I use any of those three platforms is for the quality of the information stream that i'm able to alter. Being able to dictate the quality of information you want to consume is extremely useful and most of all a time saver.
Influencers and Reputation:
When some of today's top social media influencers with large followings start joining Steemit, how will their reputation accelerate their influence? I’m interested in what the Steemit community might think of these various points.
#Lotsofquestions #steemit #questions #ramblinman
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#proofofesteem #heartliketweets #doesitmakesense
Cheers,
JP