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RE: Updated thoughts on 'the whale experiment'
As a long term plan for the platform, it is not going to be good to depend on the same ~50 people to decide on what gets rewarded. It is not scalable to a large number of users, and lots of good posts fall through the cracks. It is going to be better for the community if the user base can drive rewards.
What would you rather spend your time doing- trying to grow your followers and gain more interaction with the community, or spend your time whale hunting , hoping to be one of the lucky ones to get noticed by a whale?
It is my view that we need something like the investor-class accounts idea, to give those 50 people a slightly stronger incentive to step aside and not be (unintended perhaps) bullies when it comes to monopolizing influence just because they are the major owners of the platform. Zuckerberg could personally decide what gets displayed on Facebook and what doesn't, but for the most part he doesn't. Instead he makes a choice, as a major owner and ultimate decider, that the platform runs to a large extent on the basis of showing what users Like. We need something similar, where owners make a choice, for the success of the platform, to not micromanage content be bullies in the process.
You know you have my full support to head down that path :)
I totally agree!
Smooth, I would support that. The "experiment" is no longer an experiment; it's a messy solution. We need a more permanent one.
I have always just posted and grown followers its the same here as facebook, gplus, instagram or any other social media platforms. Not sure what you are talking about with whale hunting, I am pretty sure they can think for themselves. Anyways we have no choice in the matter only handful of people are running the show now instead of your 50
The goal is for your community of followers to be the ones increasing your rewards, instead of relying on whale upvotes to be the deciders for the whole platform.
I agree, so why are my whale followers being punished?
It's a good question. If they use 800 MV of stake (or less) they will not be blocked, based on my understanding of what they are doing. 800 MV is still a lot of influence.