Blurt needs investors, which is unquestionable and indisputable.
Its development and direction depend on future investments in blurt.
The fact is that although the platform has some functionality, the amount of what is done and what some people think is done, compared to what needs to be done so that we do not deviate so much from current standards, is summarized in the image below:
Development and promotional work takes a huge amount of time, and the operating platform and working people basically always bring losses, not profits. This is why Facebook and Twitter rule: because they have money and racing against them is like a race between the tortoise and the hare. The tortoise may win when the hare is too confident in its position.
This is why the blurt value graph looks like @drutter presents in his post:
And here it is important to understand once again what investing is.
Investing means PAYING for someone else's expenses related to the implementation of a project, in the hope that when it develops, it will start earning money and the shares obtained in this way will gain value beyond what we paid, thanks to which our money will multiply.
Investing therefore involves the risk that what we paid for will never work out, and instead of making money, we will lose everything.
But it also gives me hope that what we bought for pennies will become worth as much as Apple shares...
So now that we have highlighted the problem, it is now worth answering the question asked at the beginning.
To persuade or not to persuade to invest in Blurt?
Without investors, Blurt will definitely not develop and will collapse.
You need to attract investors for the project until it starts making money.
But they can't be investors from ads like:
"Buy blurt and get 1000% APR! "
We need people who are aware of WHAT they are buying, aware of the risk of loss, who believe in the project, but at the same time people with guts who can both set clear expectations and conditions of what they expect, as well as rise to the challenge and help their investment achieve success.
Unfortunately, most people who invest have no idea about either one or the other, and if they need to do something and show initiative, they throw up their hands and wait until it starts to grow, or they run away with the loss when it falls instead of reacting and using their right to put pressure on the team, their right deciding etc...
It is like owning shares in a company and not exercising the right to participate in the company's votes and decisions, and then complaining that the "management board" made stupid decisions.
Unfortunately, profits do not come out of nowhere, even in investing.
The slogan Passive income is actually another name for gambling and theft.
In the first case, we buy something on the spur of the moment and count on luck to succeed, putting the chances of success on the shoulders of others,
In the second case, we are most likely taking part in draining money from someone else's pocket, because where would this "passive income" come from if we do nothing, sell nothing, or produce nothing?
The situation is simple... Blurt's products are:
- blog and social media space for which you pay with micropayments during use
- the ability to support your favorite authors financially without having to pay them directly from your own pocket.
- web 3 infrastricture where each content is cryptographically signed to prove that we are its owner. Enabling direct payments without intermediaries for someone's work or micro-grants.
- wallet with the function of securing funds by freezing.
- the platform can also be used to conduct collections and donations
- usable currency itself with connection with few markets.
- services of supporting smal authors
But the success and profitability of all this depends on one thing:
From the number of users.
It can, and does, sell in many cases. No one has invested in a vacuum here. We all see what we have here and what we can do with it. But whether it will sell depends on all of us.
Blurt's chart is proof that it is not selling or making money for now.
So if we don want to make a retreat, we need to continue with it, but take it more seriously and do something to start selling it.
And this means more investment, more work and, above all, more USERS.
My opinion is to encourage investment but warn what the investor is getting into. Because investors are needed, but let's leave 1000% APR for dreamers and naive people and let's build a platform with real utility for people who understand that money does not fall from the sky.
- it may work because it has its advantages and strengths, but it doesn't have to
- if it works, it may be 100% apr, but if it fails, it will be -99% - -100% apr
That's it for my opinion on this topic.
That's why I even more encourage or even pressure all active users who care about Blurt's fate to take part in the Promotional contest!
The ups are supposed to be an encouragement, but the matter is simple:
We are NOT on the Internet.
We will not host any regular, sensible social media with high-quality materials.
We do not have ADD WORDS, Presearch or other advertising...
We don't have many/any celebrities actively promoting us.
The only hope is word of mouth... it's free and if even 20 people post something every week or two, I can still make an impact.
So you want to chart looks like that:
Then lets go here:
and let's act.
The problem is probably that there are a lot of people who are only here because they want to earn money.
There's a lot of talk about community, but if there's no money, they're off to other blockchains.
And since many are worried about their money, there is little communication, because every answer costs money.
However, many have not yet understood that this also generates money.
There are many people here who come from countries that have major economic problems. Of course, there's not much there to invest... I know it's annoying, but the former German community was very keen to invest and committed. They lived community and that was also a great time for the Blurt course.
The power struggles that took place here did massive damage to Blurt.
But of course there is also hope.
Some have stayed on and continue to make their great posts...
I think it's difficult to make people understand,
that you can only move forward as a community that makes something special.
That's how it is in life...together we are strong....
it's exactly as you say.
In this matter, I'm not surprised that people are looking for money. most of what the majority of society does is looking for money. Our task, however, should be to ensure that they can earn money here, but not at the expense of the platform itself, but thanks to the use of this platform, and investors should benefit from the fact that someone pays for using and making money here some%.
I personally encounter a situation where few people understand the difference between blurt and Facebook.
Money is good to buy food, pay the rent. Stuff like that. Many people hate money and have no use for it.
I must commend you credible style if writing, it's topnotch. One of those thing's I want to address has already been fetch out by other commenters. First must promoters of blurt the best way they do the promotion effortlessly is by saying blurt pay, or you earn by bogging. That is what they sell, due to lots of country economy hardship, they buy into this idea.
Once they blog few months without earning any good amount they leave and go for another platform and others who stay are with a vision of selling off their bags.
Remember the mindset from the unset is to make money which I believe is one of the key aspect of blurt, if earning was remove then everyone would have been declining payment, burning 100% or giving 100% to null.
It's only few individual, very few that are here just for the passion of writing and sharing content.
The blurt team should have a way to meet this set of people needs meet at the same time because both will always coexist here.
The team should find a way to seek way how to bring in investor, promote the platform on paid social media for more visibility for investors to get to know about the platform. Thanks, this is a long episode already.
So, I think your comment is very accurate here. And he also showed me another promotional strategy that was born in my head.
Basically, promoting the platform as a place to make money is a bit like making a whip at yourself. Thanks to this, we attract people who are looking for money here, but we have not ensured an adequate inflow of it.
In fact, we should promote the platform for what it actually is, i.e. a revolution and a direction towards WEB 3.0, where the main advantages are not so much earning money, but co-ownership of the network we create, influence on its direction and cryptographic signing of ownership of publications. Earnings here do not come from the fact that someone pays us for writing, but from the fact that what we write has some value for the community, so it allocates part of the network's value pool as a share for a given author through its votes.
I love your writings because you hit the point, the platform needs a team that knows what they are doing, prepared professionals with a vision of growth. So much investment is needed, so much development, so much advertising, easy ways to create your account on blurt, more exchanges, they want to do a lot with the same people from other projects, no vision. It frustrates me, because they don't understand, they don't understand the creators of Blurt, the point of investing in their platform to generate more money.
They just copy ideas from other blockchain platforms and no, Blurt should be unique, not copy ideas from other platforms like Hive or Steemit.
I think if you identify people doing plagiarism and stealing photos and content, don't support them, ignore them.
You should find an effective way to identify original content and plagiarized content.
I agree that we need investment, blurt is a platform to create content, but it needs movement in the market, to make noise, to grow.
thanks for kind word.
That's right, unfortunately, without an innovative approach we have no point in competing with hive or steem because most people look at it and say:
After all, Blurt is the same as hive or steem, and there I have at least a stable strong coin market, etc..
Often, a few years pass before they realize that downvotes or other arrangements can be difficult to swallow, and then they generally become discouraged with such solutions and simply go and abandon them.
If there was something that would clearly distinguish us from these platforms, it would be new enthusiasm and new interest.
And don't sell the idea that creating content with blurt will make you a millionaire. Blurt is a content creation platform, you are indeed rewarded with money for your effort, but you need to have a lot of time and a set goal to grow on the platform.
Blurt should be sold as a way to learn and at the same time invest with the help and effort of your content you generate money but in the long term. I hope I have made myself understood
We think alike on this.
Yes, word of mouth is the best advertising.
I agree with what you said before, which is that we have to do something here that isn't available elsewhere. Not to reinvent the wheel, but to have some sought-after attribute that we get known for. One idea is to brand ourselves (even more than before) as a censorship-resistant platform. Censorship is coming into the forefront as a huge societal issue right now. We could benefit hugely from an influx of people as more realize big tech social media is trying to silence and control them. We could strengthen a few policies to add to our already-good position. (BlurtBlog has some censorshippy features, but the blockchain itself, and the other front ends, are very censorship-resistant.)
As we promote Blurt to others, in the hopes they get interested and consider becoming involved...
IMO, doing that will bring quality people, many of whom are also quality investors. When they're aware that profits might never happen, they're realistic, and usually ready to hold long term. They're not pump and dumpers.
Very good statement, you should expand it and post it as an article ;)
I have just written a similar article on the blurt Polish Facebook that raises issues on the same topic. it will be published on fb for at 10 am UTC+1
By the way, do you know where we could go with such articles? in the sense that it would reach the right people you are writing about... Any good place to publish in the crypto world where I could try to send such an article?
I will post it here today and also cover the topics you talked about.
Comment below when I post it tonight...
"One idea is to brand ourselves (even more than before) as a censorship-resistant platform."
I have been using this idea from the very beginning to promote our platform, which I included in the intro I made ;)
Yeah, you've always been very anti-censorship, that's one reason I say we're so likeminded. : )
I don't know where the best places to publish such an article are, sorry. I'm hoping someone else can share their specific suggestions.
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YouTube is a great place to show people how to monetize their Youtube videos with Crypto platforms like Blurt.blog, Dtube, Bilpcoin.com, ProofofBrain, Centblog, VYB, Koinos, RepubliK, Steemit, Hive etc … Diversification is the key to all happiness in Crypto Land.
https://blurt.blog/youtube/@offgridlife/at-a-time-when-the-world-seems-to-be-spinnin-hopelessly-out-of-control-youtube-shorts
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