I am trying to think of a name for:
A very finely grained like-mindness, crowd rating system. With rewards to those who produce highly ranked content within like-minded coteries.
Is eSteem the best name for that?
Zuckerberg called it facesmash--but missed that it wasn't that users were rating girls "they knew", but that their ratings determined the outcome and gave them control of the outcome. He Also didn't monetize it, but tried to backend advertising schemes on it years later to the disappointment of his base (who were quite happy with free popularity grabs).
I named it coopital:
https://www.namecheap.com/domains/whois/results.aspx?domain=coopital.orgBut I think there might be a catchier name.
Like steemit? The lead's there, anything you start will hinge on its failure, rather than it being supplanted by a better, but still similar, implementation. You also have to consider that a hundred other developers are chomping at the bit if this things looks the slightest bit wobbly.
But putting all that aside, what is coopital? I was thinking captcha.com would be catchy, but it's owned--though captcha.club is 59.99 and not so terrible.
Coopital is name for a cooperative DAO concept.
Btw, I just registered:
flockwi.se
But I don't think it is best name I could come up with for a STEEM competitor. I decided to register it as it could also be a better name than coopital for a DAO like concept. The wisdom of the crowd is the concept behind Steem.
But there is a catchier (shorter than Steemit) name, I just can't mention it yet, because we are negotiating the price.
Steem's design is failing now I think. You just can't see it because you can't see the attrition rate and you also can't see if long-term investors are buying STEEM POWER.
Even if the attrition rate is reasonable and long-term investors are buying STEEM POWER (and I don't mean users converting their payout STEEM to STEEM POWER, I mean BTC traded for STEEM powered up to STEEM POWER), there are a lot of people who did not get into Steem early enough and there was 80% mined to a few people. So many people are probably eager for something more fairly launched and especially if it has design that is doesn't debase medium-term investors by 100% per year.