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RE: Steem Bot Colored Dreams - 50/50 to Save Steem?
I don't think whales will diversify or improve their curation efforts with 50/50 curation, it will just be a way for them to circlejerk more. The proponent of that idea is kevinwong the owner of etherpunk account here.
@raj808
Again that proposal can go through if steemitinc wants it to get voted on consensus. I may not understood it fully but 50% curation cut is too much .
It's not a question of whales diversifying. Whales don't care about anything else other than their own profits. It's about offering them a way to profit that also builds/supports the community while improving user experience. A large amount of whales profits come from delegating to vote buying services. If 50/50 allowed curie and other curation guilds to pay whales the same or more for delegating to them then whales would move their delegation... simple as that. They will move where the money is and if that creates fairer vote distribution then it's a bonus because even the most selfish person can recognise the value in the over all price of steem rising. Which is what would happen if this platform offered new and existing users better chances at decent payouts on posts based on the quality of posts.
As I said above, it all hinges on communities and curation guilds being able to offer better ROI for delegation than vote buying services. The only way that is possible is through 50/50 because curation guilds make most of their operational costs through curation payouts.
I hope this clarifies what I'm trying to explain in this article.
Whales will continue to circle jerk with their active stake (the sp they don't delegate away)... But that's not the point. That will never change. I'm talking about the huge positive effect it will have on all of our steem experiences (and by that I mean post payouts) if the huge stake that whales lock up by delegating to vote buying services, goes to communities and curation initiatives. Both communities and curation guilds run non-profit and their whole reason for existing is to reward quality content and active steemians. If whales can still make their money in a passive way by delegating to them they'll be happy and it will unlock millions of SP to be used to reward everyone, not just people who buy votes!