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RE: Creeping Inequality in Hive - Inevitable when people don't buy in....?

in LeoFinance3 years ago

I fear that many users in the plankton don't know how the platform work.

The rewards come from interest on one's HIVE. A user needs to have a decent amount of HIVE power for the upvote to have any value.

A good way to educate users is to have them study different accounts on HiveStats.io. I will show the @revisesociology

https://hivestats.io/@revisesociology

Holy cow! This account has 45,600 HIVE POWER .

This account receives about 1 HIVE in curation rewards each time the account votes at 100% .

The minimum curation reward is 0.001 HP. Accounts will less than 45 HP rarely receive curation rewards ... even when upvoting at 100%

It turns out that one needs to have about 100 HP before receiving curation rewards on every 100% upvote.

I think the best way to encourage new users to buy HIVE is to emphasize the point that users don't get curation rewards until they have 50 HP. One needs about 100 HP to get a curation reward on every post.

Posted Using LeoFinance Beta