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RE: What is the #1 change needed for Steem - Win $20+ upvote

in #steem6 years ago

I think there should be an incentive to vote for low SP / low reputation users

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yeah that's a good idea. Maybe steem could monitor the percentage of upvotes you have given to "minnows" and then give you a larger share of the minnows rewards, like if you support some newbie who is posting a lot, you can support him and get rewarded in a greater way for that focused support.

Why so they can earn more and cash out more and help lower the price of Steem and reduce earnings for everyone?

this is actually a great idea...

Some of the best curation rewards can be earned curating these accounts.

Curation is typically 500-1000% less profitable than any other use of Steem Power, it's a tough sell, especially to whales with a lot of stake.

This is what you can expect from curation rewards as a "good" curator. (Most users are not good curators)

With low Steem Power, curation rewards are even less as they are n squared and yield higher curation rewards with larger Steem Power holders.

While I wish it was different, it's how the current system is. I do agree though with the original comment, finding a way to keep low SP/reputation users is critical. Finding a way to cut the no/low effort low SP users from the users actually putting in effort is another problem altogether.

Good one, if more middle class people are empowered through upvote, with time more people would believe in steem and invest on it.

There's probably a way to create a secondary curation reward curve so that you could potentially get more rewards if voting on minnow / plankton account created content.

I also like this idea - it seems tough to get any considerable number of votes with new accounts, even with quality content without using bid bots or whale-upvoting services... which in some ways make it more of a gamble or related to luck to have posts upvoted for visibility.

It is so simple...