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Fixing Boosts with a NEW feed

BunjamanJul 24, 2019, 9:37:54 PM
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Let me start off with a little introduction. As you may have noticed the boost system isn't working as intended due to high volume of boosts compared to the space available. This idea isn't a fix to that system per say, but it is a new system that I think could alleviate some of the stress the boost system is experiencing right now.
But first, why do we boost in the first place? The obvious answer is because we want more views, so then the next question would be, why do we want views? On other platforms, like YouTube, a view is a stat that tells us that a person has engaged with our content. We like when people are engaging so we like when that view count is higher. On Minds however a view doesn't necessarily mean that a person has engaged with our content. Unlike YouTube where you only receive a view once a person has clicked on the video, here on Minds a person just needs to scroll by our posts. In the back of our heads we still equate a view with a view, even though clearly 1 view on YouTube is worth more than a view here on Minds. If we want proof that a person has engaged with our content, the views are a useless metric, it practically tells us how many times a person potentially has glanced at the post, so we have to look the up/down votes, the comments and the reminds of the posts instead. So we boost posts more in the hopes that these other metrics might go up as a result of the increased exposure. But since there isn't much of an incentive to engage with boosted content a lot of people experience little to no engagement on their posts, even the ones boosted for many thousands of views.

And now to my proposed solution, what if we had a different feed from boosts, one that didn't focus on views but focused on the other engagement metrics. I'm not sure what to call this idea so let's just go with a placeholder name. We'd call this feed the "interaction feed". In this feed a person could pay tokens to get interactions like a comment, votes and reminds. Instead of paying Minds for the exposure, it could be one user paying another for their interactions depending on the quality of interactions. By having this as a different feed people could visit and by having the token incentive to engage with content. People would then actively seek out new content to engage with as a direct result of this. It is my belief that users would feel that they'd get more value from their tokens if they knew people were engaging with their content as a result of them spending tokens. Another benefit of doing it like this is that the incentivized tokens wouldn't come from Minds through the rewards program but from users themselves, meaning that the value of tokens wouldn't deflate because of an increase in reward payout. This feed could essentially become an open market place for people to decide the price of the interactions. I think smaller creators will benefit more from this than larger, the people who have a following and already have user engagement might be more inclined to use the boost system to get more reach, and the smaller will enjoy the small interactions with maybe 10 people instead of 10,000 views.
Of course measures should be put in place so you don't get a token for writing "ok" to a post to essentially game this new system but also on the other hand if the users decides the price of what a worthwhile interaction is, to make sure that the people who do post a quality engaging comment gets what they deserve. 
I'm not sure whether or not it would work against the current boost system and the Minds business model, but I'm positive that it'll ease up some of the problems we are seeing with boosts at the moment. And such a feed would truly be "Power to the People".

Thanks for reading and feel free to share this, maybe this will inspire other people to come up with their own ideas on how to fix the boost system. I know I was inspired to write this because of a blog by @Urukagina which you can check out here: https://www.minds.com/blog/view/1000832690402050048

- Benjamin