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RE: Community Token Talk - CTT - the cutting edge of the new Web 3.0 world - Episode 7

in Threespeak3 years ago

You know, I think the HIVE reward system is quite interesting and innovative, however, the other day I was talking to a friend of mine who is a content creator on other platforms and he was telling me that it would be great if there was a mechanism on Hive that would continue to reward the author after the article/video expires, I understand that the current reward system motivates you to create new content constantly but it would not be a bad idea to think of a way to generate some extra benefit in order to make even more atractive the idea of joining this blockchain, maybe getting an alternative token that would encourage new members to get on board, this is my humble opinion

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There was the idea put forward that the 7 day window just restarts after it ends. In this way posts would always be open for more votes. But I am not sure if there is a problem with this idea on a technical level as well as for exploitation reasons, but I think it should get more exposure

If the posts were rewarded forever the reward pool would be exploded and Hive/hbd's debt would increase astronomically causing big problems to the platform's economy, however an alternative token could be given (a new token) that would serve to reward the author when the 7 day window expires. The thing is, there is very valuable content that deserves to be rewarded for more than 7 days. The idea is that the author gets benefits even if it is little but constant for a post that will always be available on the Blockchain.

okay that makes sense. I guess there is the tipping option with peakd that is still underused, but a token would also be an idea 👍