Quadratic rewards distribution by voting competitions is an important concept — but in reality quadratic voting is much more important in systems that incorporate individuality because quadratic voting fails to be socially valuable without this individuality and other, augmentative components. This is a much larger discussion than just for STEEM — it a a discussion of the future of tokens, for general and niche communities, for identifying interesting content on the internet.
https://steemit.com/steem/@nairadaddy/good-person-token-something-big-is-coming-from-steemit-inc
I think so too. Thank you for sharing this post. It's very interesting.
If you only consider the line you quoted, then you’d be missing the critical context. Quadratic as it was in STEEM has no social value relative to linear. It will have social value with other augmentative components, such as individuality.
I understood that is wasn't the whole thing and that I don't know the solution you guys might have come up with.
Thank you @ned for the information
