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RE: Open letter to fellow Investors
Isn't changes like these ultimately in the hands on STINC? It seems to be clear curation rewards need a boosting as authors are leaving without being founded and low quality content drives away those who are deciding on if their time is well spent on Steem ecosystem. Serious curation just isn't worth it right now and that is something that would set our social media ecosystem apart from the rest as there's many more coming up.
What if a post would continue to generate revenue even after seven days? Then curation rewards could would continue to flow over time and people would be rewarded for writing useful and timeless posts, rather than knowing that their post might be somewhat useless after seven days.
Generate revenue even after seven days... My thoughts always run in this direction.
Yet presumably it would so dilute the reward pool as to make up-to-the-minute posts much less appealing to the cell phone set. This 7-day limit goes after the NOW Market occupied by Twitter, Snapchat, Reddit and so many others.
Quality, long-term content becomes ultra-niche, niche market, quite a different kettle of fish. But in an EOS-centric universe it might just work out fine. If there is demand, a market will emerge.
True, but we could still let older content be able to gather rewards anyway. The limit has probably turned away a lot of content creators.
"Let older content...gather rewards" I hope so! Since the Mainstream Media confines itself to PURE BS there is a world of citizen journalism just waiting for the newcomers to speak up.
It's something to consider and I guess it might be even required change to capture a bit more professional journalism that take a lot of work to create.
I'd imagine the required work to do the change isn't crazy either, you could just essentially keep resetting the 7 day window internally.