I will have to say, I am thoroughly enjoying, and, in a small way, benefiting from being on Empire Avenue. I have met some really great people who offer some real value to all social communities. With all that said, Empire Avenue still has a way to go to fairly judge a person’s influence in their social spaces. With the announcement they made on the changes they are making it seems things may change for the worst.
Change for the Good
Over the past few days Empire Avenue is making adjustment to how they calculate a person’s value based on what they produce in all social spaces. Some of the adjustments make sense, others do not. In the changes they reported in their blog on July 31, all players on Empire Avenue should start seeing an adjustment…from what I am seeing..Downward in their stock value. Why?
From what I read was the biggest reason had to do with EA’s (as well as the entire world’s) struggle to value Twitter’s worthiness as quality content provider.
Spam: To deal with perceived spamming of external networks (like high-frequency Twitter bots), we are implementing new spam-detection algorithms. There is no method of spam detection that is foolproof, and only humans can currently truly tell fact from fiction, true engagement from automated bots. Nevertheless, this automated system will detect and penalize offending accounts in terms of both Share Price and Dividends. Please note that as we discover users producing spam or engaging in bot usage to increase prices or engage in spam, we will take action without notice, and your investments may suffer! Ultimately, you should only invest in those who are producing real content that you value
Blogs Have No Value-WTF
The biggest problem created by the change is in EA’s New philosophy on the value of Blogs as part of how they calculated a person’s value in the social space. I will agree, there are thousands of blogs created for the sole purpose to spam the world into insanity. However, there are millions, if not billions, of blogs that offer quality content that reflects highly of the person who composes them.
Blogs: Unfortunately, the most abused of the connections has been blogs. Due to continued abuse we will be further reducing the value placed on RSS-based blog feeds and their effects on Share Prices, Dividends and Earnings. Expect further changes to the blog system, and how blogs are connected to Empire Avenue in the near future, such that decreased relevance of RSS Blog Feeds will have little impact on scores and share price. As such with these changes, we anticipate RSS-based blogs will likely also not be in most people’s top 5 connections, which count toward both Share Price and Dividends/Earnings. Connecting RSS feeds will remain, so that you can fill out your profile and show off your content.
To me, and those billions of other bloggers, it would seem Empire Avenue would focus on the things that build true value online, like blog content, and cut off the things that do not, like the firehose of Spam and other worthless content posted on Twitter.
I really hate to see a social platform like Empire Avenue go down in value for its members, but with changes like they are make now it seems they are starting down the same path others..like MySpace..took.
Hope not, but that is what I see…what do you see.?
let me know how I can help.
