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RE: Hard Fork 21: A Case For the 50/50 Curation Reward Model

in #steem5 years ago

Hey @crypto.piotr thank you for your memo I appreciate it!
First of all, thank you for directing this topic to me. It is completly new to me. I was reading the article and some comments to get a broad overview.

From my perspective, you demotivate authors because they get paid less and incentivize whales which already have a lot of money.

The business model changes more to pay to win strategy, which is sad in my opinion. People who have more -> get more and people that are trying to start from the bottom without investments have it even harder.

On the other hand, it is nice because you can now passively generate income with a certain amount of Steem. Meaning that you invest some money and get a decent return for just autovoting.

That would also mean that the interaction and the really "active" user will decrease. But in the end we only see the results when it happened. My first gut feeling is not that good, but humans are habit people. They are afraid of change :P

I am curious about the future :)

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You received 50 Hobo tokens!

Hi @hobo.media

How does it actually work? How can anyone receive Hobo tokens without having their wallet registered? Are Hobo tokens connected somehow with Steemit usernames?

Is there actually any way to check out amount of tokens anyone is holding?

Yours
Piotr

Hi @crypto.piotr, yes you can find all your tokens at https://steem-engine.com.

If you sign in there you can find your tokens. They can also be sold for STEEM if a person does not wish to keep their tokens.

The tokens are sent to your account. So, you have tokens. You are the 9th richest HBO whale! :)

I think I might say thank you :)

Dear @mcnestler

I was reading the article and some comments to get a broad overview.

Thx for your comment. I'm glad to know that you found my publication valuable.

From my perspective, you demotivate authors because they get paid less and incentivize whales which already have a lot of money.

It's clear to me that we're having very similar view on that particular issue. And we're not being heard :(

On the other hand, it is nice because you can now passively generate income with a certain amount of Steem.

Very true. But what would be a difference between STEEM and any masternode which would be giving dividents for just holding the coin. It doesnt create any value. Authors do.

I'm afraid that STEEM will turn into ponzi scheme, because right now it will encourage this kind of business model. And will encourage people who make money that way.

Yours
Piotr