Wild stuff. You raise a lot of interesting questions. The biggest question, of course, is how much the fiat payout for each token will be. :) As you detail, with every benefit, there is a cost. Steemit's practice of incentivizing holding steem power is what allows for steem to rise in value; but the holding of that steem power centralizes power, and pretty much leads to a heavy disparity in earnings. However, it sounds like those who have money on Narrative will probably be buying a bunch of tokens in order to advertise posts; so they'll get their disparity in earnings that way. :)

I was really getting impressed with the idea until you laid into the team behind the idea. That is a very strange detail to add, about the Huff Po interview. I guess I'm also a little surprised that the team is all white folks, seeing as how it's going to be a NEO app. I was figuring it might speak to, or focus on, a different demographic - which could be cool too.