RE: Delegation application process? My thoughts. by dr-frankenstein

Viewing a response to: @clixmoney/7x4e9cxpot9

dtube · @dr-frankenstein · Jul 17 '19 (edited)

$0.02

The problem with @dtube and other projects is that having a big delegation stops people from becoming innovative. Project owners will start relying only on the delegation which is a bad thing since this brings no real value to the blockchain. Ideally, projects should expend and not seek their salvation only by leveraging the reward pool, they need to innovate and find ways to promote their work to the outside world to build a sustainable business that can generate revenue in fiat.

As @joythewanderer already mentioned, people will be less inclined to invest and buy Steem, so instead of a project investing in Steam and powering up, having a free deligation can be very detrimental to the project itself and the price of Steem in general. To be honest, I am more worry about the innovation part, people innovate when they are in need, if STINC is going to give 1m Steem to a project, you can be sure that people will be less inclined to innovate and play aggressively to help their brand take off.

👍 joythewanderer, ismailkah

`post_id`	78,056,762
`author`	dr-frankenstein
`permlink`	put44q
`category`	dtube
`json_metadata`	{"tags":["dtube"],"users":["dtube","joythewanderer"],"app":"steemit\/0.1"}
`created`	2019-07-17 22:07:39
`last_update`	2019-07-17 22:12:00
`depth`	2
`children`	8
`net_rshares`	57,187,755,343
`last_payout`	2019-07-24 22:07:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.015 SBD
`curator_payout_value`	0.004 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	1,003
`author_reputation`	54,116,952,654,646
`root_title`	"Delegation application process? My thoughts."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
joythewanderer	0 B		54,731,742,566	7%
ismailkah	0 B		2,456,012,777	25%

@clixmoney · Jul 17 '19

But @dtube is helping steem a lot. Take a look at the last updates and you will see how cool and awesome they are. Now anyone is able to share his youtube, vimeo or any hosting platform videos and earn steem from that. Imagine how many people we have in youtube and other video hosting platform. So, @dtube created a big instinctive to everyone to create on those video platforms and to promote steem. Youtube have the biggest traffic in the world and I'm sure that our videos will help a lot to promote steem. That's why instead of reudcing the power of the usuful app, they could add it more, because it's really valuable.

properties (22)

`post_id`	78,058,068
`author`	clixmoney
`permlink`	put6o8
`category`	dtube
`json_metadata`	{"tags":["dtube"],"users":["dtube"],"app":"steemit\/0.1"}
`created`	2019-07-17 23:02:36
`last_update`	2019-07-17 23:02:36
`depth`	3
`children`	7
`net_rshares`	0
`last_payout`	2019-07-24 23:02:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	624
`author_reputation`	506,342,573,332,958
`root_title`	"Delegation application process? My thoughts."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@dr-frankenstein · Jul 17 '19 (edited)

The project is currently ranking at #27,529. They need to aim for mass adoption and build a system or shall I say mechanism to implement adds and share the revenues with the Dtubers, something similar to Adsense. This is approximately how most websites earn money. 

If STINC delegates more to the project this means people will be less likely to explore that idea and the project will instantly die if the delegation is removed. There is a limit on how much the reward pool can provide hence the need for the project to evolve and play on both fiat and blockchain domains.

The Dtube project is a very good one, it would be a shame to see this project dies just because Steemit inc decided to remove its delegation someday. The only way to prevent this latter from happening is to become self-sufficient and only consider delegations as a plus.

👍 ismailkah, elviento

`post_id`	78,058,870
`author`	dr-frankenstein
`permlink`	put83t
`category`	dtube
`json_metadata`	{"tags":["dtube"],"app":"steemit\/0.1"}
`created`	2019-07-17 23:33:30
`last_update`	2019-07-17 23:36:06
`depth`	4
`children`	6
`net_rshares`	3,552,028,688
`last_payout`	2019-07-24 23:33:30
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	845
`author_reputation`	54,116,952,654,646
`root_title`	"Delegation application process? My thoughts."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
elviento	0 B		1,091,558,766	0.83%
ismailkah	0 B		2,460,469,922	25%

@clixmoney · Jul 18 '19

$0.11

The ranking where ? In state of dapps ?

You don't know about the updates of dtube for sure. Do you know that dtube ishaving now its own blockchain as welland we are earning there both steem and dtube coin ? And I don't think it will die without the delegation, we still have a lot of communities supporting it. Whales also can delegate to it. Also do you know the story of @dsound ? They lost the delegation, but they didn't die. Still operating and upvoting people. The same about @buzy.org. Those are all the most old dapps and they all should be supported no matter what.

👍 gentlebot

`post_id`	78,060,143
`author`	clixmoney
`permlink`	putae5
`category`	dtube
`json_metadata`	{"tags":["dtube"],"users":["dsound","buzy.org"],"app":"steemit\/0.1"}
`created`	2019-07-18 00:22:57
`last_update`	2019-07-18 00:22:57
`depth`	5
`children`	4
`net_rshares`	303,018,760,775
`last_payout`	2019-07-25 00:22:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.081 SBD
`curator_payout_value`	0.027 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	575
`author_reputation`	506,342,573,332,958
`root_title`	"Delegation application process? My thoughts."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
gentlebot	0 B		303,018,760,775	15%

4 replies

@joythewanderer · Jul 18 '19 (edited)

Yea, that said, Dtube is already one of the best projects on steem. I’m actually happy they change direction, build their own chain now. Probably the existing projects on steem kinda prove delegation system just simply won’t work? I could have powered up a bit more but just lose faith day by day.

properties (22)

`post_id`	78,091,439
`author`	joythewanderer
`permlink`	puusm6
`category`	dtube
`json_metadata`	{"tags":["dtube"],"app":"steemit\/0.1"}
`created`	2019-07-18 19:54:06
`last_update`	2019-07-18 19:55:36
`depth`	5
`children`	0
`net_rshares`	0
`last_payout`	2019-07-25 19:54:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	297
`author_reputation`	812,830,516,164,099
`root_title`	"Delegation application process? My thoughts."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000