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RE: Does the 7 Day Payout Period on STEEM Still Make Sense?
Thank you for your interesting thoughts. I do find the idea of combining different approaches from different platforms particularly interesting. One of the main advantages of blockchain is the decentralized architecture, so it should be possible to tie different economic mechanisms with corresponding lifespans together into one integrated platform.
Maybe you’re right. It seems like a big challenge though. Another thought is to pay by consumption rather by upvoting. Seconds seen in a video, scroll-spying etc. What kind of content do we incentivise with a upvote-system, and is it the type of content that we really need?