Dear @jarvie

I've been wondering about it for quite some time already. I understand that rewarding stakeholders with such a huge % of reward pool is the best way of encouraging people to purchase and hold the token. So it's a great insentive for investors.

However I'm not sure if in long run this is going to work out well as I expect that most main stakeholders will be dumping their large chunk of rewards once userbase will grow and lack of liquidity won't be a problem.

Vote buying on Steemit will most likely not stop. Adjusting bots is all that will have to be done.

I'm not saying that should fully be a reason against... it just kind of looks bad

I agree. It does raise red flags and it makes it harder to have trust towards those projects.

Yours
Piotr