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RE: How to catch a monkey…. let’s not be monkeys on Steemit
This is a win-win-win idea @gavvet. Having spent some time reading the whitepaper, I am impressed by the number of game-theory-inspired incentives designed to drive the creation and curation of high-value content. The problem, as you have identified it, is that new good content will simply go unnoticed - a problem that will just get worse as the platform grows.
Your (albeit personal) solution goes some way to rectify the problem, and moves the reward to long-term growth from short-term greed. Game-theory-wise, this moves towards optimising the position of all the actors:
- You are able to post quality content without having to write it yourself - content that will be noticed and rewarded. More quality content: WIN
- You receive a steem power reward that allows your stake to build. Build long-term stake: WIN
- The struggling author gets rewarded and instead of being lost in disillutionment, he/she now becomes a productive asset to the community: grow the community with quality producers: WIN.
More stength to your arm!
#2.1 with larger stake my click can reward even more authors more: WIN
Everybody wins!!! I like those types of equations and all it takes is letting go of the seeds...
Also there are so many strategies to experiment with on this platform... I find great entertainment/gamification value in that as well.
Your experiment is working very well
Yup, $591 to my first author...
HAHAHAHA I CANNOT BELIEVE MONKEYS ACTUALLY DO THAT!!!
Greed is a killer. I hope that steemit stays around and we find ways to balance the greed. A lot of people are also desparate, living a destitute life and hoping for a way out. Let's help them too. It was very honorable of you to think about posting less often.
how do you get a following of bots btw???
Thank you for posting. Hope you get ever more to snowball to the top!
I up-voted you too... BTW, should steemit let us steemers advertise using steem? Be sure to tell everyone you know to come vote here at: https://steemit.com/steemit/@kingtylervvs/if-steemit-ever-does-decide-to-advertise-there-is-only-1-way-it-could-work-in-my-opinion-debate
This is a democratic community decision.
Upvote the #steemengine for in house steemit poster ads!
Should do Oceania next lol It's sad looking at that graph :P
That is the plan
Oh cool i didn't think you would say that to be honest, better start my writing lol.
I hope I make many money! Thus I write a gold posts..!