I hope they pull back every bit of delegation they’ve given out. That might actually restore some trust/confidence for some people.
I know that more than 500 artists. producers and musicians were posting regularly through @dsound , so it's gonna probably discourage a lot of people to post. It will have a very negative effect in the long run too. It all depends what you enjoy doing on Steemit, but for me it's essentially a way to show my music, and connect with listeners and other artists...
Dsound should find a better way to reward their users that doesn’t depend on a horribly mismanaged central entity footing the bill at the expense of the people invested in this blockchain.
All app developers need to assume their own risk and not continue socializing it for their own benefit. They’re going to realize that it won’t actually help anyone due to the disincentives for investors...which is already pretty obvious to most of us who comprehend economics.
Just take a look around and you’ll see the effects of supply without demand and rewards without risk.
We were chatting on DIscord about ideas to reward the users/listeners, it was quite interesting to see how everyone came up with good stuffs, I think at the end of the day the next few weeks will determine if a big chunk of the musicians will stay on Steemit or migrate...
I saw it at Steemfest, there's very little demand for music on Steemit, that's quite deplorable
I love DSound as well-there is a lot of drama here on Steemit, let’s hope for the best. ✌🏾
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