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RE: I would build a site that tore up the voting system.

in 500 Words a day4 years ago

I'm not a coder so can't really say what is possible or not in these terms but just brainstorming i would say that,

It would require email sign up and verification. I don't have a problem with limited kyc.

Captcha on sign in to the dapp.

Any voting must be done at the interface level, so an account needs to be signed in and actually click on the button.

20 votes per day on an extending time line. 1 minute delay after first vote, 2 mins after second, 5 minutes after 3rd to a 12 hour period and voting keeps dropping back at a rate that 12 hours from the last vote you would have a gone full circle to zero delay.

Tokens could be released daily based on votes given out. If there were 4000+ votes then 100 tokens released for sharing that day. If 20,000+ votes were placed then 500 tokens released ect. Totally automated and transparent.

Curation would consist of receiving one token back for every 5 votes cast by your account.

As i said before tokens could be redeemed for vouchers or traded against hive as a full scale token. Other uses would be in ap purchases like promotion, badges, extra features....Lots of ways to introduce even more burns within an app itself.

The focus would be on the app rather than on the money. That should just be a bonus rather than the incentive. For me ease of use, quality of content and experience are very important if we ever want to see apps that compete with existing options. The majority of people will never care if it is on the blockchain or if it is decentralized as long as they enjoy using it. The 7 day payout window is a huge barrier to all of this as it promotes a bad culture within our system towards greed and selfishness instead of one that tries to encourage the users. I'm just trying to look at alternative ways to leverage the best parts of the blockchain while bypassing the negatives.

There will always be people that will put in the effort to game the system unfortunately but over time this could be made into more trouble than it is worth. I would like to take the focus off the money side and remove that sense of entitlement from users. Content is rewarded based on quality and popularity rather than anything else with the option to be rewarded for traffic brought in at some stage. In theory. 😀