Random Blog on Crypto (Part 57) : How can we make steem better (7. Only investment-based scheme for Steemit)
If this ROI based investment attraction can be done, then those big whales having a lot of power and want to invest in the project will be more interested. Therefore, if a scheme or project is to be launched only for investors, i.e. those who will only invest here, the returns will be delivered to them according to that investment project or scheme. This may require a change in reward distribution and a hard fork, but investors will be more interested.
Basically, the problem of reward farming that investors do by voting on small posts will also be removed because when someone invests, he tries to write a small post and take a reward farming himself by voting there. But if we do so, the blogging site will not be able to maintain the quality and will create disappointment among the quality writers. Since this will be a separate project, investors of any category or scheme can easily be found here who can get returns at their convenience, so it will not be too difficult to attract investors here if we can present the matter to them properly.
Before that the Steemit team needs to come up with an investment planning management proposal where there will be a separate opportunity for investors. In addition to getting a return on their investment, they can also be sure that their invested reward is used for voting on quality posts. As it will be easy to attract investors, the trouble of reward farming will also be avoided as well as the good post contributors will get votes, and this will make the platform move forward very quickly because we all understand that an investment means an increase in price. On the other hand, as quality posts continue to come in and those quality posts are upvoted, its value as a blogging platform will increase. And in this way Steemit will move forward day by day and bringing this investment is one of the main drivers that we can do with a project like this. And that's why the project should be run through steemit witnesses, and the scheme should be kept for all investors from small to big so that someone can start their investment work with 1000 steem and others can start their investment work with 1 million steem. Hope I have been able to convey my investment focus concept.
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Coming up with schemes that would attract and favour investors would do the Steemit platform a lot of good.
Just like you said, it would reduce or even bring to an end, reward farming, and quality posts can be well rewarded.
Thanks for sharing this educative article.