[bisq-network/compensation] For August 2018 (#115)

[Chris Beams]

When I first began itemizing the Twitter Admin role in June, [I argued for 1,500 BSQ per month for carrying out those duties at the level that I do](https://github.com/bisq-network/compensation/issues/89#issue-337203599). I don't have exact numbers about on how much time I spend there, but on a typical month, it's many hours spent monitoring, reading and responding what others write about Bisq, carefully crafting Tweets, following up on engagement with those tweets to see how they perform, paying close attention to the wider "crypto Twitter / Bitcoin Twitter space" and so forth. I would argue Twitter is our most important communication channel with current and potential users. On normal months where I'm fully available for the work (the last couple have been exceptions), we're reaching in excess of 1M people with our efforts there, and you can see these stats in my monthly reports on the role.

I have a hard time seeing how our efforts in r/Bitcoin and r/Bisq subreddits exceed the value of our Twitter efforts by 3x (the 4500 BSQ originally requested above), or even 2x (~2500–3000 BSQ, as suggested by @alexej996 above). It could be that I've dramatically underestimated the value of my Twitter efforts and should ask much more for them; it could be that I am underestimating the importance and value of our Reddit efforts; or it could be that @HarryMacfinned has overestimated the value of the latter and should ask for fewer BSQ.

I do not pay close attention to our efforts on Reddit, nor have I seen any quantifiable / objective information about the reach and effectiveness of those efforts. I'm happy to be convinced that they are so valuable, but based on what I understand thus far, and according to my gut instincts about the whole situation, I'd say 3K BSQ is too much. My sanity check on this sort of stuff goes as follows: given our working valuation of 1 BSQ == 1 USD, would I pay someone 3000 USD month to carry out the activities we see on Reddit? I would unquestionably pay someone 1500 USD / month to carry out the activities we see on Twitter. Without tooting my own horn too much, I would pay a lot more. It is now essentially a professionally managed account, we've tripled our follower count since December 2017 (from ~5K to ~15K) and increased our average monthly impressions by more than 10x in the same time range (from ~100K/mo to 1M/mo) in the same amount of time. Those are the sort of numbers that I think a team would be hard pressed to produce without an experienced Twitter account manager dedicating themselves to the task. Even then you probably wouldn't produce the results, because you need the person writing the tweets to be deeply connected to the domain, know the audience, etc. Perhaps my 1500/mo figure is off by a wide margin after all. I'd like to hear the opinion of other stakeholders about how much they think our Twitter account management is worth per month.

The last paragraph is a bit of a ramble, please forgive that, but it does capture my (clearly somewhat conflicted) thoughts on this matter. Thanks.



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