Man Jerry, I like you man and the fact you are proactive and trying to work on solutions is great but to be honest with you I don't think everyone will agree on it. And by everyone I mean the whales that were here 1 months before I heard about STEEM. The fact of the matter is the distribution was messed up from day 1 and we are still dealing with it and may always be dealing with it. There have been a lot of improvements but some of the ways to solve it aren't going to happen.
You are 100% correct though that DASH succeeded from a great marketing structure. They set aside money to get the word out.
You are a smart guy Jerry. Why not get a group of us together and originate our own blockchain like this one but have a fair distribution and grant everyone who has obtained a certain reputation an equal share of Power? And we can have "air drops" and money set aside for marketing and community proposals like you are talking about! It will be amazing!
You can still blog on the STEEM blockchain as well!
What do you say Jerry? Are you in?
It is hard but not impossible. If steemit inc., witnesses and whales do not respond then why not. Distribution is still a very controversial issue even the air drop, ninja mining, ICOs or forking what-so-ever.
Another idea would be similar to design an SMT based ICO (e.g. similar to @stackin idea) with backing from few top users (witnesses, whales, developers) to make a financial model to generate $200K a month for budget purpose. May be start with $20K. "Be the change you want to see in the world"
I agree that distribution can be very controversial but I never hear people complaining about Monero distribution or even Litecoin for that matter which had a small premine.
That is a good idea to have a small group together to fund some of the stuff but again it would be a lot of people committing capital to it that they could use to increase their holdings. It might pay off in the long run but there is always that worry that it won't for people.
Between the Steemit and Steemit2 accounts there is like $73 Million Dollars and I'm sure they have a lot more accounts. Also the founders have a lot of personal accounts worth a lot of money. But let's just Focus on the Steemit account.
A million dollars would go a hell of a long way to help 3rd party development, marketing, community building.......etc. It would be a small fraction of their holdings and could propel this platform a long ways.
https://steemit.com/@steemit/transfers
But some would say we shouldn't expect anything from them and shouldn't expect them to give up their money. But the fact of the matter is most tech startups give a way a service for free and ride on venture capital for years not being profitable. Steemit has been wildly successful as far as startups go. Huge profitability and the founders have made mad cash.
The platform is pretty cool and will always survive. But we still need STEEMIT INC for it to Thrive
Yes, I agree that their model of distribution is like startup. They may have more than 100 millions of STEEM and they will be the most benefited ones from the proposal. The problem is the funding comes from major changes in blockchain (witness compensation and interest) which can face resistance. Another model of funding is directly from STEEMIT INC (77M SP) or interest from that SP.
It is easier for them to do airdrops of STEEM Power or liquid STEEM to these proposals and actually issuing SBD which is a debt against STEEM might be an option. The system can probably support more debt than it has now consider the SBD held up when STEEM fell to $0.07
Create a FB kinda deal smt token launch on the Steem blockchain with an Ico hmmmm I’m in! 😀
That would be the easiest ways to do it and @ned actually replied to one of my recent posts talking about the distribution issue and said the same thing. To use an SMT to start another community / website.
The issue with it is that to fund the project a ton of STEEM would have to be purchased an injected into the system for it to have any value. So if STEEM overall was suffering from a distribution issue already and no one could obtain a large amount of it without paying millions then it becomes cheaper to fund a team to start from the existing code and do a fair distribution from the beginning.
I guess Golos.io is getting shut down by the Russian Government as well so a lot of those community members are in limbo over there as well until they move it to another domain. I sent my Golos Gold that was over there to Bittrex encase that website goes down for awhile.
There are a lot of members of these communities that would love systems like this with a more equal starting point.