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RE: What if You Could Help Raise the Prize Pool to 1 Billion $$ DAILY? How Quality Content, Aimed at OUTSIDE Audiences Could be Making us ALL More $$$$
All the things you say are true. However,I see a need for Steemit to invest some of its resources outside of Steemit. Into some physical entities.
The Crypto has the potential to remove the imprisonment to working within a corrupt financial system, What about every other aspect of life though.
I keep parading this this comment in different manners in various posts. I have idea's, not the finance or know how to complete. Maybe with time.
So, what do you think would be a good first step?
I am open to discuss possible Steps, However, for that discussion I would suggest a faster format of communication.
The most natural way to go in my view would be power/energy.
that's an interesting idea. I think there's a lot of work to do here in the digital space first. Not sure how the blockchain extends to the real world.
It is more investment from here, I do not know everything, But I assume there is some server somewhere for steemit, If that is so it has a non remunerative cost.
This costs need to be covered. Lowering the cost here with Energy costs is a start to a company. Providing this energy at a lower cost then is now, encourages to receive energy from the new company. (non profit) Any profit goes back to reinvestment in the expansion of the energy grid. This initial start I see as simple and straight forward. Complications come after this step in my mind as to the direction to after a Sustainable growth in energy is established. Where to invest next, this I have a few option in mind on, all related to reducing the cost of daily life.
Actually, no. The network is both decentralized and distributed. The servers are nodes run by witnesses. Those witnesses receive sizable salaries to run them. They are also the ones that debug the network and do the bulk of the heavy lifting on dev work. So, a lot of the tools you find around from groups like Busy.org, that's all witness work. They get a couple hundred k a year, in addition to their earnings from here. So, that's ordinarily a great idea, but in this case, it's not really applicable.
It appears. I used the Server for steemit as an example of a start where no one individual would be the benefactor.
For me I wold say , Let us make a start and use my house. that leads to conflicts of interest, which is one thing I wish to avoid. I believe those who begin a project like this, should be rewarded, but rewards capped at a max to be agreed. Where to start is just one thing to be established agreed upon. If a group thinking together are working toward the same goal. That goal been clearly defined, I;m sure agreements can be made with ease. A level of generated income can also be agreed upon before allocating funds to other projects with similar interests of benefit can be pursued.
Got to start somewhere ,
Well, those are interesting ideas. I happen to think a rewards cap is counterproductive. As the pool increases through rise in steem price, that will soon become obsolete.
Rewards cap on the investor to a outside company of Steemit. Conversations are getting mixed some I think,lol. As an exterior company grows and the profits increase, A cap limit there, preventing the increased yearly profit from been filtered to a few. And recycle to other area's like water, housing educations.