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RE: @snowflake's really interesting proposal - Turn whales into moderators and give dolphins all the voting power (TLDR Version)
Not everyone is a content creator. The proposal to eliminate the curation rewards would remove the incentive to "curate" (vote) on content. Only investors with enough spare cash could afford to buy enough SP to become moderators.
Am I missing something? Were is the incentive for content consumers? Just the satisfaction that you will be contributing to someone else's payout?
It's a good point. It is definitely important to consider. The reality is though with the current system, earning curation rewards is not worthwhile unless you have a lot of SP to work with. I have around 15,000 SP and I usually get about 3-5 SP per week from curating. (I'm not a great curator - but the point is the returns are very low.) A good curator with my amount SP could probably earn 30-50 per week.