I do need to see the progress on budget proposals. I thought it was a great idea and could actually be why the price of Steem and SBD is going through the roof. It would have a real impact on the platform. However, I'm going against the grain a little and have not been welcomed many places. I'm a rebel and vocal about legitimate concerns I have with steem and steemit. Unlike others who just complain I'm working on things to solve problems that the little people have that are often forgotten about. No matter how many 10's of thousands of people I have sent to steemit I get very little support overall.
Everyone hates competition where I embrace it. When a tool is made known to me that is superior than something we have I'll usually write an article about it and even put a link to it and plan the phase out of our own tool. I simply want people to have the same access to what they need as everyone else in the know has.
We have members thank us all of the time for going from 0 in upvotes to some in upvotes. We are making an impact. I just get tired of waiting for Steem and team to release documents or communicate about SMT. So frustrating that they own a blogging platform and never issue updates on progress on projects like this. Or at least I miss them or am unable to find them.
In a way we can effectively USE Steemish as our budget proposal system until something is created. If people want to Support the SteemThat.com project they can and get some Steemish tokens in return. I like your idea about making @steemthat primarily community only as we could then also reward members who write on Steemit so that there is essentially a guarantee that they get something back pretty quick for their purchase... As it will take months realistically to setup and purchase exchange listing accounts and get enough volume to get listed.
So What If We proposed to take a percentage of all revenue earned from Steemish token purchases and dedicated it specifically to the growth of the community curation accounts! People who buy Steemish could then become a member and be added to the approved Auto Upvote List and get a return this way while still having their long term play. Though you can't legally state it this way on any official documentation. This would defineatly add some additional value to the platform.
@pandorasbox be sure to send me your ERC20 compatible wallet address. I owe you a huge thank you as this might be a game changer. You might as well join up and become an early adopter and adviser. It is going to be big.
There are many ways you can go about it.. 'tokenomics' is really interesting but can be hard to make it really perfect.
Another model, also stolen from @qurator a bit, is that you make several 'tiers' of 'membership. For @qurator if you are tier 0 (no involvement) you get a small upvote but if you upvote the qurator's posts everyday you advance to tier 1 or 2 and the upvote increases.
Similarly you could do something similar with @steemthat, to ensure some money stream back into the bot in order to grow it. Maybe users need to purchase Steemish tokens to advance a tier? Maybe the upvotes are based on a ranking of who holds the most tokens?
Then again, if @qurator does it without a token, what is the use of the token.. It's difficult coming up with a really good solid concept without holes. If I knew all the answers I would probably be more rich than I am now!! Donations really aren't necessary (upvotes are fine :P ) but if you insist I've got an ETH adress set up at 0xd3057786e0AE276E6B73882979aB2024B941C134
I do appreciate the help and brainstorming. You in about 4 hours when the Ethereum Miners catch up to the transaction will be the Proud owner of some Steemish. One Day I Hope You Can Say Wow About What We Are Doing!
https://etherscan.io/tx/0x605d1f6f3a5c2d7de97cffc2b34be26e2584943c8e93ec4ae9480594bd983cfe
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!
Genuis...Yes!
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