Viewing a response to: @chrisrice/re-s3rg3-re-exyle-re-s3rg3-re-exyle-steemit-com-is-running-at-a-loss-start-generating-revenue-or-get-out-you-are-strangling-other-applications-from-succeeding-20181203t112120367z
I meant charging for dapps using the nodes
author | s3rg3 |
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permlink | re-chrisrice-re-s3rg3-re-exyle-re-s3rg3-re-exyle-steemit-com-is-running-at-a-loss-start-generating-revenue-or-get-out-you-are-strangling-other-applications-from-succeeding-20181203t112550108z |
category | exyle |
json_metadata | {"tags":["exyle"],"app":"steemit/0.1"} |
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root_title | "Steemit.com is running at a loss! Start generating revenue or get out, you are strangling other applications from succeeding." |
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chrisrice | 0 | 14,738,126,177 | 100% |
Ahh okay @s3rg3 yeah, I think that is a good idea... but I think @steemit should be run as a business that must turn a profit first, otherwise the other Dapps will be competing with a website that is operating at a loss a.k.a. Steemit and have to cover the costs of nodes at the same time. Operating at a loss is actually a tactic used in business to put another company out of business. **Example:** Uber and Grab a Cab were doing it against each other for a few years in the Philippines until Uber folded and sold their stake to Grab. Once the merger was finished, Grab increased their driver rates and started operating for a profit. This is essentially what Steemit is doing to other Dapps but unintentionally and is one of the things @exyle mentioned. <hr> Another good thing to mention is that Steemit can start using advertisements but other Dapps can refrain from using ads to acquire more market share from Steemit.com. Because of that I think we will always be able to find Steem Dapps that don't use traditional advertisements.
author | chrisrice |
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permlink | re-s3rg3-re-chrisrice-re-s3rg3-re-exyle-re-s3rg3-re-exyle-steemit-com-is-running-at-a-loss-start-generating-revenue-or-get-out-you-are-strangling-other-applications-from-succeeding-20181203t122703414z |
category | exyle |
json_metadata | {"tags":["exyle"],"users":["s3rg3","steemit","exyle"],"app":"steemit/0.1"} |
created | 2018-12-03 12:27:03 |
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