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RE: If the total affiliate rewards in a system are a "fixed constant" percentage of the token supply then referral programs can work
I've read your twice now, over my head.
Do you have the preamble article & / or an intro post link avail please?
We need SMTs to allow more people to earn. Not everyone should write or curate so we need profit making opportunities to be spread. Affiliate marketing opens passive income stream opportunities while growing the reward pool.
For more:
Thanks for the links. I'm not sure re MLM it is a bear trap IMHO. Will just bring scams etc IMHO
ICOs and SMT in general can bring scams. The community will have to filter them out. I think better marketing is the only way to bring people to SMTs. SMTs can exist but if no one uses them it wont matter. Someone or something has to market the SMTs.