Hmmm, people with higher SP does not reach the poors always. So i think it would not help the existing ecosystem anyways. Bot services will keep running and people with huge SPs will get the extra 25 from pockets of genuine content creators.
In addition even if they reached them they couldn't support them anymore as good as before, because they themselves would get a bigger piece of the rewards (as curation) instead to give most of it to the supported author ...
Great reply. That is a real concern I agree but the rich and the tech geeks getting richer is already how Steem seems to work sadly. Steem already is a rigged game against the poorer people on the platform like the traditional financial models. So what do you think we can do to help this situation ?
Current situation is bad for content creators.
And the move of making it 50/50 would sadly make the situation worse but they will most probably do this since the big guys are rich here and they are thinking about just their pockets. No community feeling, no user base retention worries.
What can be done to improve situation is :
Whales can be generous in random upvoting of good content. I joined steemit in 2017 when it was blooming and random whale voting was the reason of motivation for masses. I understand whale/people with huge sp does not have time to do the charity voting but I mean someone need to think about it as a community.
But i understand since no one cares, at the end of day it all about profit and that is why bot system came into picture and masses left steemit in mid of 2018.
I doubt it, individual curation rewards are even smaller. It's the absolute numbers that matter, not the relative numbers. Yes, 50% of an article reward will go to curation, but that means ALL curators, not just one. So, in the end, plankton and minnows might go from 0.002 SP in curation to 0.004 SP ... Do you think the additional incentive in curation rewards will be enough to sustain engagement in the face of a dramatic drop in author rewards which might go from 4 SP to 3 SP (for a good plankton/minnow post) ? I doubt it
This is the 64000 question and I guess I am fence sitting a little but the biggest payout posts will still be getting bid botted so going 50/50 would be an improved distrobution of wealth.
Something must be done to improve organic 'eyes on posts' to make content creation more relevant and encourage customers to come here and read and engage.
There are a million sites online to read content and we need to divert their customers here.
I agree that "something must be done to improve organic 'eyes on posts'". My proposal is that posts should be of higher quality. More "Medium" or "Quora" quality, less Facebook or Instagram quality.
As "quality" is relative, the typical way to address this is to foster the creation of communities which agree, each one for itself, what "quality" means for that community.
Fundamentally, you cannot repair broken economics by using solely the economic lever, you need an external reference. Think of a helicopter: it cannot function with one rotor only, it needs a second, stabilizing rotor at the back
That is not enough. Money (especially in very small amounts as is the case here) is not enough to compensate people's effort of switching to a different platform.
Hmmm, people with higher SP does not reach the poors always. So i think it would not help the existing ecosystem anyways. Bot services will keep running and people with huge SPs will get the extra 25 from pockets of genuine content creators.
In addition even if they reached them they couldn't support them anymore as good as before, because they themselves would get a bigger piece of the rewards (as curation) instead to give most of it to the supported author ...
Great reply. That is a real concern I agree but the rich and the tech geeks getting richer is already how Steem seems to work sadly. Steem already is a rigged game against the poorer people on the platform like the traditional financial models. So what do you think we can do to help this situation ?
Posted using Partiko Android
Current situation is bad for content creators.
And the move of making it 50/50 would sadly make the situation worse but they will most probably do this since the big guys are rich here and they are thinking about just their pockets. No community feeling, no user base retention worries.
What can be done to improve situation is :
But i understand since no one cares, at the end of day it all about profit and that is why bot system came into picture and masses left steemit in mid of 2018.
I doubt it, individual curation rewards are even smaller. It's the absolute numbers that matter, not the relative numbers. Yes, 50% of an article reward will go to curation, but that means ALL curators, not just one. So, in the end, plankton and minnows might go from 0.002 SP in curation to 0.004 SP ... Do you think the additional incentive in curation rewards will be enough to sustain engagement in the face of a dramatic drop in author rewards which might go from 4 SP to 3 SP (for a good plankton/minnow post) ? I doubt it
Posted using Partiko Android
This is the 64000 question and I guess I am fence sitting a little but the biggest payout posts will still be getting bid botted so going 50/50 would be an improved distrobution of wealth.
Something must be done to improve organic 'eyes on posts' to make content creation more relevant and encourage customers to come here and read and engage.
There are a million sites online to read content and we need to divert their customers here.
Posted using Partiko Android
I agree that "something must be done to improve organic 'eyes on posts'". My proposal is that posts should be of higher quality. More "Medium" or "Quora" quality, less Facebook or Instagram quality.
As "quality" is relative, the typical way to address this is to foster the creation of communities which agree, each one for itself, what "quality" means for that community.
Fundamentally, you cannot repair broken economics by using solely the economic lever, you need an external reference. Think of a helicopter: it cannot function with one rotor only, it needs a second, stabilizing rotor at the back
and even a dramatic drop in author rewards will mean 99% of authors are earning 100% more than they are anywhere else online!
Posted using Partiko Android
That is not enough. Money (especially in very small amounts as is the case here) is not enough to compensate people's effort of switching to a different platform.