I called Steemit Fraggle Rock in a post.
As the Big Fraggle Boyzz were behaving like Petty Juvenile Fraggles.
It seems to have gone a bit quieter with the schoolyard hi-jinks.
Maybe they're are all baling out of the sinking ship?
But the rest of us will hang in there.
It still is an ingenious community. Which is why I'm still around.
It may have started as a quick Pump N Dump scheme, but it has become much much more.
Just think, advertisers could buy in and become Giant Fraggles and then pay for every mention of their Product.
Write a great story about Coca Cola - Coca Cola will up-vote you.
Write a story about Uber.
Uber and Coca Cola join forces and up-vote you. It's a Win Win for everybody.
And at the moment it would cost them pennies, from their Big marketing budget to get access to some great marketing copy.
And it's more or less free for them to use.
As Steemit generates the cash to pay for their Advertisements.
If they hit a great one, they can just promote the shit out of it everywhere online.
Which will drive even more traffic to the site.
If it's a bad one it will be ignored.
As soon as the, Social Media Mill, goes into overdrive that Coca Cola (a Giant Fraggle) are paying (through up-voting) for inspiring stories, the creative copy writers will flock to Steemit.
As I have indicated, just as the present Fraggles have joined together.
I can see the sound economics of Big Companies, like Uber joining forces with, for example, Coca Cola and up-voting stories that push all their agenda's.
If this is selling out to, "The Man," show me the money brother.
And all it takes is one, very hungry Marketing guy, at one of these Giant overpriced Monsters.
To have the balls and then run with it.
I know it's not that great online Utopia, the Anarchists have long gone and dreamed about.
But if it helps propel Steemit into a Jupiter Orbit.
I for one will join that Space Race
Here is my original post about Fraggle Rock:
https://steemit.com/steemit/@franks/is-steemit-just-an-online-fraggle-rock
Images Courtesy of Pixabay
