"So I don't get it if someone said that this Whaleshares project is just like another ponzy scheme that only wants to sell stuff(votes for example) and make tons of money from it."

"In my mind, this is more like a giving back project to help minnows that suffered and willing to quit by giving them a chance to get a whale upvotes just by joining and winning some contest. Yeah, I know this project also "selling" tokens, but to be marked "@officialfuzzy never ever sold any tokens in the Bitshares market, it's only us selling it(the tokens holder) to make it worth a value".

It's starting to concern me that Whales decide to just sell their upvotes rather than use them as they are supposed to - to reward good content. Of course some of that voting power will be used to vote people that hang out with them in discord chat. It wouldn't be as huge problem but when the whales hold +70% of all Steem, it's a issue that every investor will notice.

I'm still skeptical about the future of Steem, even if I'm personally developing some stuff for it. Though the platform will continue to work even with Steem price of 0.5 cents. I guess in a year we'll have a clearer picture but it seems that the wealth is trickling up here - and it'll look really bad when 0.01% of accounts hold 90% of all Steem (this will happen by the end of next year if the trend doesn't change and how would it?)