RE: The Tsu brand may be rising from the ashes in early 2020 by valued-customer

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Viewing a response to: @remlaps/the-tsu-brand-may-be-rising-from-the-ashes-in-early-2020

· @valued-customer ·
$0.11
A referral bonus would be trivial to establish on Steem.  Steempeak has already revealed exactly how to do it by taking 5% of the author rewards of all posts of their users.

Easy Peasy.

Thanks!
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vote details (4)
@remlaps ·
Thanks for the comment!

You're right about that. Any of the front-ends could add a beneficiary setting in posts by the referred account that directs rewards to the referring account. It would have to be a big enough percentage to encourage referrals, but small enough not to drive people away to post through other front-ends, though. And I guess they'd have to maintain a database of referrals (or else store the info in custom_json the block chain.)

In Tsu's mechanism, the rewards don't appear to cut into the content-creator's share. If I'm understanding correctly, it comes out of the site's share of advertising revenue. On the other hand, beneficiary rewards here come out of the author's share. Maybe not a "show stopper", but it is a slightly different dynamic.
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vote details (1)