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RE: The RobinHood Whale Initiave - Community Feedback Needed
There is a general problem with the distribution both for reputation and rewards. Much like there is an inverse distribution after the 15-30min timeframe, a similar algorithm should stop people from accumulating too many rewards.
People chase whales wihout even reading the content. Many people are getting discouraged when they witness such unfair treatment. Is really an article worth thousands while another pennies?
Unless there is a solution for closing the gap of reward disribution, not many people are going to stick around. Steemit can end up being filled with trashy posts and greedy bots. Mass adoption requires mass distribution. Otherwise the gut instict of any newcomer will scream ponzi
I somehow missed replying to this. You make a good point! We're a long way from getting there and hoping some of the current issues will be resolved when we get there.
:)