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RE: Steem for Business: Thinking about a Steem-Powered customer loyalty program
You've put a lot of detailed thought into this. It sounds interesting.
I can't judge whether the concept would work like that because I don't have much insight into marketing.
I can end the loyalty program and cash out the stake any time I want, with just a 4 week waiting period (subject to current market conditions).
It would have to be considered whether the system could absorb the sales.
But the Steemit team should definitely look into such an idea to get investors into the system. In addition, customers would also become aware of Steemit/Steem and could enrich the system as new bloggers...
Agreed. Also, as I already replied to @o1eh, it later occurred to me that existing stakeholders could charge a monthly delegation fee (denominated in local currency) to businesses that want to implement such a program. That might also reduce the concern about selling pressure.