In the Steem Future:
Everyone can just make one post a day, listing accomplishments and gaining back their own desired level of their inflation.
Setup for Automation:
Make daily posts? (Yes or No)
What shit did you do today that you want to brag about? (open text field)
What percentage of your Voting Power Would you like to allocate back to yourself? (1-100)
I'm not even being snarky here, currently we post for votes and some of our stakeholders consider the allocation of their VP their right. Rather than being good stewards of allocating the new Steem that devalues the current Steem, some of them really think it is meant for them to pay themselves for holding it and they call it ROI.
Why not automate that process somewhere, so they don't have to post and create fake accounts on the blockchain to get their rewards back? In addition, they also don't need to allocate to the bidbots. I am not opposed to the bots at all, but we would have less of them if it was easier for stakeholders to just grab their own rewards.
The bots like Boosters and others that own their own stake would do fine.
If everyone sets their account to just self upvote then the project would likely not increase in value, but maybe the apps and SMTs would have a chance? Also, it would seem less spammy and scammy.
There might be more visibility for the content creators and less noise.
Anyway, just brainstorming.
Sounds a lot like https://steemit.com/steem/@tarazkp/locking-stake-for-100-passive-income-improving-content-helping-apps
And there is support for the idea from whales and soon to be whales, as well as some against.
It is discouraging seeing multiple shit-posts a day, voted on by only self and plenty of other self's. Less crap content, less stake for bots i see as pro's but people do think engagement will drop further - I don't think so.
A couple of years ago ned would likely have gone mad at seeing this idea, but the fact it's being discussed shows the state of the place.
When free downvotes? :)
It has the benefit of the stake that is active having full control over what gets supported and seen. Even if most of the take is locked up, that has value.
Yeah, I think I did hear the idea first from tarazkp, I know I've seen others pitch it. I'm not a huge fan, but I guess the current mood is anything is better than this, let's just do some things.
It may not be an ideal end point but it may be a good idea at the stage we are in right now since it seems like a middle ground
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Limit to a single post per day is a big no...
What are we becoming then... And where is 'socialism" in all of that. :) I dont post every day, usually not even every third day. But sometimes I have urge to post stuff, and I end posting 3-4 posts in two days. And them go on days without posting again.
Maybe limiting number of selfvotes per day/week....
And, if I'm upvoting myself it will be 100% its me, i value my work and effort behind the things i write, and my stake is neglective. If i had>100k sp that would probably change.
I upvote myself at 100 percent nearly every day... I don't have any problem with people enjoying some of their own stake. I just can't understand those who want to earn without building a thing.
I'd be happy with 50% certain curation when voting. Nothing like missing the 10 to 15 minute mark and getting a mere 10% efficiency on a 10~30% upvote while other people with dozens of 100sp accounts give 1%~10% upvotes at the 2~5minutes and earn 200%.
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It takes too much math to figure all that out. When I see something I like I vote on it. I've left a lot of earnings on the table due to this.
I agree. The reverse auction is a joke. It is easy to game using auto-voting.
The reverse auction only benefits those who abuse it except in the most ideal conditions. If 1000s of new accounts were posting real effort posts daily it would make sense. Most people are just posting junk for upvotes or were doscovered months ago.
I'm worried that some people have views and ideas for Steem that would destroy the purpose of anyone investing or buying Steem at this stage of development. Sure 100 million active quality users and a healthy SMT market could allow for it, but at this stage people need incentive to be holding any sp.
0.1% a week is decent curation. That's a mere 5.2% a year! Delegating, is 3x this. Trading or self voting nets 4x. Or 20% to 25%. Now we are talking levels that incentivize people to invest.
Without major changes to boost confidence all we have here is a case study on what happens if you have a 100million dollar+ project with no leadership.
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I don't see this in as negative a light as you. For me as a content creator, Steem has been an absolute paradise compared to anything else out there despite all of its flaws.
Steem is a blockchain project. The right time to buy is when sentiment is at rock bottom. Steem is much more valuable than the price reflects. It's fast and free for both apps and users. It's a great place for decentralized web apps. All the rest of the chains have the same problem with top heavy distributions. In addition to that, both ETH and EOS are expensive to transact on. On Voice, for example, you have to pay a little for every transaction to cover the cost of RAM. How about that? Do you really think such a pay-to-play model will sit well with most social media users? Sure, you have to have some SP to transact on Steem as well, but most apps are willing to delegate a minimum and the accumulation of rewards will help a new user from there.
I agree it has been reasonable to expect more from Steemit Inc because of their massive ninja-mined stake. But we've seen other teams create massive value by developing Steem-Engine and many useful apps.
What a great idea! Include some bid-boting into self voting, add a pinch of self comments (self upvoted) and it's as productive as it can be
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In my ideal world, they won't be able to even do that. That's dumb dilution that serves no purpose. Can't eliminate it, but can penalize relative to productive activity.
On an aside, I was expecting a link to letting that AI autogenerate your posts for you :)
And anyway, delegation systems effectively already do this kind of thing well enough for no effort. I see the point about a clean separation so it doesn't pollute content discovery but I'm really just not a fan of it.
I'm not a huge fan either, but isn't the current mood just do something! Anything. :)
Haha. That's not my line but I'll run with it. Something buy us all cokes! That'll invigorate the platform.
"Everyone can just make one post a day, listing accomplishments and gaining back their own desired level of their inflation."
Haha I'm not sure if thats the direction that I want to take my blog in but I I understand the impulse lol.
I don't want it like this. Not at all, I'm just really tired of dealing with our largest users being the worst actors and everyone Making excuses for them.
Truth. That seems to be the way of the world. Its the same reason some famous wealthy person can get off for murder but some poor youth is put in jail for weed.
Why not run a few testnets with different reward distributions for a few weeks, to see what works best? Or is that utopian?
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The problem with doing that is the incentive of participating on the testnets doesn't exist. Therefore the result won't reflect the reality when it actually gets implemented.
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Heaven forbid someone have stake and vote with the strange notion others will get a ROI for being cherished or putting in an effort that was found rewarding by the consumer.
The problem as I see it with the ROI, is like we see with corporations, they always want a higher return. Gotta squeeze until only an onion is left. This gets exacerbated when you see the prices dwindle, as it must when the markets are saturated with so much more than there is a demand.
Also, based on the many times since joining i have heard those using their stake for themselves equated to the physical act of rape, I assume the math isn't favorable to such a thing, and would end up with lots more non payable crumbs than only the newbs/low stakeholders have to deal with.
I'm not saying I think this is a good decision, but since they "own their own Stake" and don't seem to see value in the community, why let them mess up the site as well.
Take your stake out without making a mess.
Yes, I knew you weren't saying it was a good decision. Sorry if it came across otherwise. My sarcasm was more my disappointment showing thinking what this could have been. My initial understanding when I joined (rooted in ignorance of course) was one in where people took care of those they held in high esteem here and rising ships helped others rise. To my dismay, it has come to my attention that despite some here displaying such attributes, it doesn't seem that was really the intent from the top, which manifests downward.
I have done alright here despite the shortcomings, but feel sadness even moreso for those who have been here for much longer (close to the beginning). So much energy put in, so much energy intermingled with those that bonds were formed with. Some of the posts I read almost seem in desperation as excuses and such are made. A desperation that things be what they aren't, that not all good things (or those that initially appeared to) must come to an end.
The ironic part to me in all of this is that despite however much Bitcoin and actual cash has been taken out by the founders and their top 20 witnesses, they don't seem to have seen the goldmine that was theirs. As any internet marketer who starts their own site knows, getting traffic, let alone repeat traffic is a mountain most will not achieve. It boggles my mind the lack of understanding (or caring, maybe they do understand and just want to party on all that has been milked, as they set the stage for final milking)
Done rambling. Off to cast my literal .02 a couple more times before calling it a night. :)
Wow and you earned a flag besides.
Yeah, I'm disappointed too.
I'm hoping someone will make a great sidechain project. We shall see.
Holding SteemPower doesn't seem appealing at all.
Yeah, got all my comments for the last week. Even the ones I declined payout on, lol. Doesn't matter, I have been powering down for 4 weeks now (I think) and only sticking around till it's complete. It reflects on him, but as long as he doesn't try charging me rent for being in his head its an lol moment.