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RE: Improving the Economics of Steem: A Community Proposal

in #steem5 years ago

I really appreciate your efforts in order to change the mathematics behind the Reward curve in order to bring more quality and value into content creation and curation.
I think your solution of how to reward content creators and curators should happen on the level where the Action is...in Communities and SMT projects.
If we still try to fix the reward curve on the Steem Blockchain level we will still miss the problem that the Steem Ecosystem is not mainly about content creation and curation!
The fact that we have real business minded projects like Steemmonsters, who bring in value thru an awesome gaming platform, are still in competition to its underlying base Blockchain structure, which is Steem tangled up with Steemit.com (Aka Blogging) + Reward Pool distribution.
Its genuine counter productive to have the Reward Pool tied up to one aspect of the Blockchain - Blogging / Steemit.
The Baselayer Steem needs to be just an infrastructure Token which is good to serve RC ressources, Voting rights for Witnesses / Proposals and maybe approved Dapps and Communities (selected by the Steem Foundation).
I hope that you understand that I like your ideas and they will find their way in the POB mechanism, but they need to be implemented at the right level on the Blockchain, which is IMO the SMT projects and Communities.

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"...the Steem Ecosystem is not mainly about content creation and curation!"

Exactly, in terms of financial incentives and how they have demonstrably been used.

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