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RE: Project Hive - SOS Call!

in Project HOPE3 years ago (edited)

Hello Project HOPE community.

Project HOPE has only been voting on posts that set their ph-fund account as a beneficiary. This is a vote-selling/self-voting scheme that attempts to use the members of the community as a shield from downvotes. Unfortunately, removing the economic incentive of this scheme has to be done with downvotes.

I've been participating in countering the scheme as a Hive stakeholder. With an exception or two for a post about a scam, and plagiarism, my hope is that these posts still receive some payout. The goal is to make the Project HOPE/Tipu voting scheme less profitable than curating posts without beneficiary set 50% to @ph-fund.

Voting on Hive helps your stake grow with curation rewards. That's how it is designed. But voting on posts because they set you as a beneficiary is vote-selling. That is more like a cancerous growth. That is why some Hive stakeholders including myself have taken action to stop the scheme.