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RE: Discussion with Steemit Inc's Ned Scott, Elizabeth Powell & Michael Vandeberg & Dan Notestein from Blocktrades - 31 January 2019 [recording]
Great show.
Taking 1% overall = 20% of author rewards is to much. I think 0.2% overall = 5% is a good place to start + any amounts burned.
This is a good starting place and if it works we can always increase the amount that goes to the fund AFTER it has proven a good use of funds and any bugs worked out.
Starting to big is just as bad, if not worse than, never starting.