Essential reading for Steem Dolphins: This could be what you've been waiting for.
There's a lot going on in Crypto and the steem blockchain. Even though it can be tempting to look at the Crypto Market and be discouraged, the reality is that Cyrptocurrencies are here to stay and so is the Steem Blockchain. Is the future of steem guaranteed, most definitely not, but what we do here and now will determine its future.
For me, steem has and will always have a special place. It was the place where I found an amazing group of people. Those that are willing to go against the mainstream narrative, to think for themselves.
But we need to work together and pool our resources and for this reason, I want to create the #dolphincouncil, this will be a way to bring together steem dolphins.
We often talk about "herding cats" in the UK. This is a great phrase as it describes the difficulty in coordinating a group where each person has strong personal will and identity. When I was first thinking about this group, I kept putting it off as I had many doubts.
Steemians are too strong in their need for individuality and opinion to work together was my worry. And even if this is a great idea, why would anyone listen to me?
Why a Dolphin Council?
I became a steem dolphin a few months ago. I bought in and put my hard earned money into what I believe in. Then, I thought about others who have done the same in recent months. I wanted to reach out to these people as they too have put up the stake and powered up to become steem dolphins.
Dolphins have invested a significant sum into the steem blockchain and need a way to have their voices heard. They are not Orca's or Whale's and cannot get that instant recognition for their views as larger stake holders. But together, if we coordinate, we can have a real influence in how the steem ecosystem grows.
My message to you: "Let's work together to give steem the direction and leadership it needs and make it what we all hope it can be, a truly successful blockchain that powers the social media of the future"
I would love to have a group of us Steem Dolphins work together. According to @arcange's most recent post, the number of Steem Dolphins has risen to 1,917
How Much Influence Can Dolphins Really Have?
This means Dolphins now hold 13% of all staked steem power!
If we do some analysis, we see the average Dolphin holds 13,000 Steem Power
What Does This All Mean?
If we can have a group of 100 Dolphin's coordinate, that is 1,363,100 of steem power. That is enough to move a witness significantly up the charts. We have combined vote value as large as a Whale
One idea I had was creating a voting block for witnesses, we first discuss our top witnesses and we then commit to vote together on our agreed top 5. This could give a massive push to witnesses that are genuinely adding great value to the blockchain and growing it in the way we agree.
Boosting users who are adding real value
There are a lot of curation trails and other curators on the platform. My vision is to have us decide on one account to vote on per week. Considering each of us can make 10 votes a day, that's 70 votes a week, without taking us below 80% voting power. We can pick one user each week to upvote, this could be a developer, a promoter or a content creator.
Can you imagine how much impact we could have if we were able to incentive's users in this way with our combined voting power?
How will decisions be made
I believe in one user, one vote. As long as you are a Dolphin, you get a vote and we use a simple majority for most decisions with a super majority of 75% for changes to our own rules.
Once you join, you make a commitment to work towards the overall vision of the Council.
How Do I Join?
At the moment, I have just started a private discord group. If you are interested, please comment below or send me a message and I will send you a private invite.
I am open to ideas and suggestions, so please let me know your thoughts in the comments below, or privately in our discord group.
With the price of steem being so low, I still have other commitments that I spend my time on, but if this takes off, I am willing to invest more time into making this group work.
Thank you all for your great comments and encouragement. We now have 8 of us on Discord, that's a lot of voting power working together!
A big welcome to @c0ff33a (6,518 SP), @zaku (7,267 SP), @newageinv (10,241 SP), @giantbear (6,651 SP), @daan (5,363 SP), @soyrosa ( 5,503 SP) and @flipstar (40,469 SP) who have all joined our Discord group.
That gives us a combined SP of 89,012!
We are currently working on drafting the constitution. The first 10 members will get founding member status, as well as shaping the direction this group takes by giving their views on the constitution!
I will add further updates here.
If you haven't done so already - please resteem this post.
Thank you to @anthonyadavisii, @antiabuse, @armincopp, @baah, @bashadow, @erickpinos, @jufriadii, @riseofth for the resteems and helping us to spread our message.