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RE: Vlog 318: Voting bots or promotional services have their place on the blockchain for now.

in #life6 years ago

You mention that apps and projects such as dLive, dTube, etc. require delegation in order to function...

But they don't. There were other methods for funding the projects - such as showing real development and improvements and receiving upvotes and donations. There is also the beneficiary option, where interface operators could charge a percentage of post rewards. The delegation to these projects is strictly for voting content in order to get people to use those interfaces. Without the chance of getting those upvotes from the delegated accounts, the interfaces wouldn't be used - which means that they aren't that appealing in the first place and probably shouldn't be receiving the delegations that mostly enrich the project developers without needing to deliver on promises.

And with delegation, it's someone else's skin in the game, which is probably why none of these apps have really fulfilled their potential.

Yep. There's no need to do anything when 1) it's not you assuming most of the financial risk and 2) you're receiving the rewards.

I would much rather see real developers create something actually wanted or actually useful/functional and aesthetically pleasing rather than see hideous, clunky, barely-functional interfaces mopping up rewards on the platform because STINC has diluted all other investor influence by delegating millions of SP to many different projects. And they don't appear to be slowing down.

So, crowd out actual buyers and holders of the token in favor of those who made no investments and don't deliver on anything other than the most basic of barely-functional interfaces. This is the current model for the platform's economic incentives. And we wonder why the place has become anti-social, why content discovery is so poor, and why the price only moves when Koreans are speculating or when the general crypto markets are moving.

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