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RE: The power of shared incentives - Presenting the Steem Business Alliance at the Global Block Builders conference

in #steem5 years ago

The "secret recipe" of steem, that I haven't seen anywhere else, is the "reward pool", a kind of "community budget". It prods users to come together (see Steem Alliance also) and devise way to distribute rewards that are both fair and strategic

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Indeed. Although I wish there were more clever apps with alternative ways to distribute more widely. When imsingle users have to make manual upvotes or choose to autovote a selected number of accounts, then we dont incentivise as wide of a participation as we could. This is an opportunity cost to Steem.

Increasing curation reward will allow more users with any stake at all to participate on wider distribution.


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