RE: Should We Raise Curation Rewards From 25/75 To 50/50? by vibesforlife

Viewing a response to: @theycallmedan/should-we-raise-curation-rewards-from-2575-to-5050

dpoll · @vibesforlife · Apr 24 '19

$0.11

Voted for 
  - No


Think from perspective of 80% population who is not rich or does not have millions in their SP.

They come, write great articles.
First,It is so hard to get rewards on steemit for good work and then even if some of our posts makes good rewards, 50% goes in curation, that would be sad

👍 jaki01, sorin.cristescu, bidesign, mixr

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@nathen007 · Apr 24 '19

But it would encourage people to read and upvote their post!

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@vibesforlife · Apr 25 '19 (edited)

$0.08

Hmmm, people with higher SP does not reach the poors always. So i think it would not help the existing ecosystem anyways. Bot services will keep running and people with huge SPs will get the extra 25 from pockets of genuine content creators.

👍 jaki01, valued-customer, nathen007

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@nathen007 · Apr 25 '19

Great reply. That is a real concern I agree but the rich and the tech geeks getting richer is already how Steem seems to work sadly. Steem already is a rigged game against the poorer people on the platform like the traditional financial models. So what do you think we can do to help this situation ?

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1 reply

@jaki01 · Apr 30 '19

$1.18

In addition even if they reached them they couldn't support them anymore as good as before, because they themselves would get a bigger piece of the rewards (as curation) instead to give most of it to the supported author ...

👍 bleujay, sbi2, englishtchrivy, bentleycapital

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@sorin.cristescu · May 1 '19

I doubt it, individual curation rewards are even smaller. It's the absolute numbers that matter, not the relative numbers. Yes, 50% of an article reward will go to curation, but that means ALL curators, not just one. So, in the end, plankton and minnows might go from 0.002 SP in curation to 0.004 SP ... Do you think the additional incentive in curation rewards will be enough to sustain engagement in the face of a dramatic drop in author rewards which might go from 4 SP to 3 SP (for a good plankton/minnow post) ? I doubt it

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@nathen007 · May 1 '19

This is the 64000 question and I guess I am fence sitting a little but the biggest payout posts will still be getting bid botted so going 50/50 would be an improved distrobution of wealth.
Something must be done to improve organic 'eyes on posts' to make content creation more relevant and encourage customers to come here and read and engage.
There are a million sites online to read content and we need to divert their customers here.

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1 reply

@nathen007 · May 1 '19

and even a dramatic drop in author rewards will mean 99% of authors are earning 100% more than they are anywhere else online!

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1 reply