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RE: Can ICOs Drive the Price of Steem The Way It Drove Etherum's?

in LeoFinance4 years ago

The HoboDAO will be focused on rewarding contests in SCOT/SMT tokens, but its not going to continue participating in rewarding with STEEM. Too many people bullying others with downvotes for STEEM to be used as a reward system.

The plan for the HoboDAO has always been to be decentralized and not dependent on one or a few people. So, in the end, if people participate the HoboDAO should do well, if people do not then it will eventually go inactive, simply because I can't afford to devote my time to it indefinitely.

It is always my intention to do good by people, so I have been trying to keep the contests functional. But the purpose was always to be a decentralized curation community not a centralized one, so it will have to eventually have participating Casters, Auditors and Senators in order to keep operating.

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It's me again @blake.letras

I've just realized that I never actually thanked you for your comment. Big thx.

ps.
I would need to ask you for little favour. Recently I've decided to join small contest called "Community of the week" and I desribed our project.hope hive/community. Would you mind helping me out and RESTEEM this post - just to get some extra exposure? Your valuable comment would be also appreciated.

Link to my post: on steemit or on steempeak

Thanks :)
Yours, Piotr