Whaleshares and the Others
My first 14 days on whaleshares has so far been awesome. Some days ago, i got the time and opportunity to visit whaleshares.io. I thought it was a replica of steemit. I got frustrated when i saw it. Little did i know there was more to it that just a clone. Whaleshares wasnt just a clone. It had a different view to it and upon registering and reading about the whalepaper, i got to appreciate it.
Many steemit users might have chanced upon whaleshares and thought whaleshares was exactly the same as steemit. I am happy to inform you that, there is a wide difference and this article is to digest and create more awareness about the differences between whaleshares and all the other content creation websites.
First and foremost is the delegation difference between the two platform. Steemit has become a market place mostly with investors and marketors fighting to stay on the trending page. I for one have seen very little organic engagment on steemit because most of the rewards have turned into a business model ruling out the ability of people to organically flow with each other. This is mainly because of vote selling and delegation markets. As such whaleshares in an attempt to avoid such market manipulations has removed that mechanism. AT LEAST FOR NOW
Secondly, whaleshares is mostly focussed on long term investments as payout for articles are set out to be 14 days. Also there is no 50/50% author rewards settings to get part of your rewards in liquid. As such all rewards are in whalestakes which will further promote the whaletokens. Any one who is in for a short joy rides is certainly going to fail on whaleshares.
Last but not the least, the main reason for the creation of whaleshares is to enable whales to reward users based on their stakes. On whaleshares, community is the key and indulgent in community activity will simply help you develop your account. On whaleshares, there are no bidbots and delegation markets . No liquid rewards on articles yet it is still fun to be there
Join me on https://whaleshares.io/ as i become a whale
I never have time to read thier white paper thanks for this, i will try and read it too
Keep making a bigger milestone
Maybe I should open a #cryptopub branch over there too?
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