MICROBLOGGING ON LEOFINANCE; THE DOWNSIDE OF THE LATEST DEVELOPMENT AND HOW TO CORRECT IT

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Microblogging is the trending news on the Leofinance.io platform and the buzz over it is shaking everywhere. The concept of this development will do a lot of good for the platform but it has its downsides too.

Like everything good thing in life, microblogging also has its bad sides. Creating short posts on leofinance.io will off course drive more traffic to the site the publicity is great for the platform.

This post here written by @taskmaster4450le spoke deeply about the advantages of microblogging. In summary, @taskmaster4450le believed that microblogging will;

• Allow For All Content
• Increases Engagement Significantly
• Increasing Of Quality Content

Well, the first two are agreeable but the last point is debatable. The reason is that short content might not capture all the relevant information needed for proper decision making.

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This is not even the worst part of microblogging, the downsides are;

It is subject to Abuse

The luxury microblogging affords will lead to massive spamming on the platform. It's already bad that the leofinance tag is been used on posts that are not crypto and finance related, imagine what microblogging will bring?

According to @taskmaster4450le,

At the same time, we are live in an era where people's attention span is rather short. They like quick hits. It is not surprising to see the success of Twitter. This caters to the "rapid fire" people are accustomed to.

This will only bring spamming to a platform that has worked so hard to get to this point. Posts like, " I bought 50,000 USD worth of bitcoin and I wonder if it's a good investment". Of course, this post will generate lots of engagement but I don't think it's what the platform needs.

The informative and adding knowledge part of the platform might begin to go extinct as everyone will always choose short posts over lengthy articles.

How to correct this: I think the microblogging part should be developed and integrated on the leofinance.io platform in such a way that such posts won't be liable to earn rewards. Removal or halving of the reward aspect of microblogging will make people use it more as a tool to direct readers to their main post. Microblogiñg will allow users to summarize their lengthy post while creating a more engaging environment.

leofinance.io platform might lose its quality aspect

Talk about quality informative posts about crypto/blockchain, talk about life-shaping financial articles, and in-depth crypto/financial analysis, leofinance.io houses them all.

What micro-blogging brings is the quantity and that's great for the platform but it slowly eradicates quality as people become more comfortable with it.

No short posts of about 20 to 100 words could adequately contain in-depth information about a topic.
To make it worse, people will create more of these posts as against the more lengthy information-filled post.

How to correct this: I think restrictions on short posts an account can make will help keep the platform less littered with them. Allowing just 5 short posts is a great way to make sure quality post keeps appearing on the leofinance.io platform.

In a worst-case scenario, account holders will little or no stakes might abandon the leofinance platform.

Having been writing on a cryptocurrency blogging platform for close to three years, I have seen the fall and rise of many. Rewards are one important factor why people consider before dedicating their time to a platform.

Imagine creating a quality lengthy post and constantly getting $0.10 while someone who creates a short post of about 50 -100 words constantly making over $30 on each post, how would you feel?

This would be a turn-off and could switch off one's energy to create a post on such a platform anymore. This has happened on platforms such as whaleshares, Jamaa, dlike, Uptrennd. Their major breakdown occurred from an event in which certain people who created low-quality short posts earning more than people putting out a quality post daily. They walked away and the platforms begin to crumble.

How to correct this: adequate moderators should be commissioned to moderate the platform and ensure that quality contents get the reward it deserves and low-quality contents also get the reward they deserve too.

PS: upvotes on the platform is a privilege and not a right, so even if your quality content doesn't get the reward it deserves, keep on writing.

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