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RE: What's Important to Steemit’s Longevity? - Inspiried by @anyx ‘Tragedy of The Commons’

in #steemit-future8 years ago (edited)

The devs need to unleash the referral program and increase curation rewards so minnows can earn a reasonable income while building a following for their content. Referrals and curation rewards will keep people around while they cross the chasm and get noticed.

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I agree with the referral programme. Especially if the rewards are deferred depending on new users activity.

With regards to the curation rewards. I'm not sure. I think that, Creation redistributes Steem far better than Curation (which is relative to a users voting power). That is, unless they change voting power to something not base on 'wealth'...

Not sure I agree on the distribution - there are 70k users right now and maybe ~ 5% are making a meaningful amount of money creating content. This is partially due to talent, as not everyone is able to create quality online content, bust mostly because there are way too few whales to distribute meaningful rewards. I think if there were more minnows with meaningful voting power the redistribution of Steem would be much more... distributed. So we either need a lot more people with a lot more steempower, or a lot more steempower per vote. Or the market cap of Steem to hit a hundred billion or so...