By changing our strategy just a little it provides so much value and creates a future demand that will be through the roof. The best thing about the value of Steemish there will ultimately be 2 things that really determine it's value that even traders will have a hard time forcing up and down...
The perceived value by the members and users and the limited supply of the Steemish Token.
If you want to become a member of SteemThat.com at some point in the future you will have to have Steemish to even get in. The curation upvote bots will only upvote members. We will be investing 50% of the sale of tokens directly into the purchase of Steem Power for the curation accounts. This is a long term play with a 4 year plan of growth.
Not only can you earn more on your posts you get a wonderful community to grow with plus you can earn while you are on SteemThat.com too. So there is really no reason unless we do something stupid to ever want to leave! Keep in mind there is a limited supply of Steemish. Members will be the primary holders of it and the demand for membership will impact the value of the tokens... Members will want to promote the platform as it creates more demand which drive up the price of the STISH!
I got the Stish!!!! Thanks :)
I think there is definitely a token model possible but I would suggest making the entry as easy as possible. If people need to buy a token maybe that's a hurdle, and also where would they buy it? it would be offsite somewhere.
But I just realized that they will need an ETH wallet anyway since it's an ERC20 token. This really would work a lot better with SMT's if they were here yet :-/
There is an additional problem with ERC20 tokens in that they are expensive to send/receive...! So if you want to give people tokens or they want to earn them there will be a lot of transaction fees?
the simplest model would be to split the rewards, if you own 1% of the tokens you get 1% of the voting power.. but that way somebody could just buy the entire supply up and essentially 'take over' the account.
It's complex!
I will make an account on the site, but I have to admit, the site is pretty confusing! There's so much going on, it could use some streamlining! I like to think I'm not a n00b anymore but some things on the site are not really clear to me how they work or what they do. Maybe this will be cleared up when I make an account, probably this weekend when I look into it. New job is draining!
Thank you for the feed back we keep pruning and attempting to make things clearer and easier. It is a massive website. We have tried to organize things in the top navigation as critical things you need. The side bars and footer links are useful things for sure. Over Time We Will See What People Are Using And Prune. The Beta Is good for this. Looking forward to seeing you on https://SteemThat.com