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RE: What is the #1 change needed for Steem - Win $20+ upvote
i like the introduction of referral system too. but i think the rewards should come out of the rewards the people who got referred in (the new users). this way you prevent the blatant account creation of fake users for the sake of getting rewards.
by getting partial rewards (up to an amount) of brought in users’ before they are “unleashed” you insure only referral rewards are being created from active and real users.
That's where the incentive comes in where your rank is also determined by the new recruits stake in SP. if all they have is the standard 0.1 then it's a minimal rank. if they're an investor and buy 10,000SP you get placed a lot higher in the ranks.
and you scale it so that 100 people buying 100Steem is more valuable than 1 person buying 10,000Steem.
That actually makes a lot of sense to me too, if not the exploit becomes quite simple to distinguish.
That being said, we can't dismiss the hot cognition of attempting a marketing campaign based on referrals. So in my opinion, since Steem has enough FUD as it is adopting anything that comes even remotely close to the likes of bitconnect and Co, should probably be best avoided.
Not because it would actually be a scam, but because popular sentiment is what drives the markets and not so much technical specs.
After all, as a blockchain steem is leap years ahead of competitors with much higher valuation. But those details are missed by 99% of it's potential users.
My two cents, for whatever they are worth.
good reminder,
yeah i feel we might be leap years, but in crpyto time a leap year is less 4 years and more like 14 months, i feel like serious competition is going to start launching later in 2018 and we need to discuss, design, implement and start stepping up our game
how about a marketing campaign based on mentoring? that's more of what I'm thinking, and i think such a concept would be a beautiful baby we can sell to the world and get good karma in both sentiment and organic growth
and yes does it make sense to me too....whole ton of sense, go see the new improve recruitment in reply to Roe
now that! i like a lot
I do like the idea of a referral system, but ONLY one in which any rewards are paid once someone is an actual active and participating member. Otherwise it will just be gamed and abused.
That said... part of a referral system would have to include the ability to actually tell WHO signed up as our referrals. Not for money's sake, but so we could make the effort to encourage and follow those we talked into joining Steemit.
see the rewarding recruitment via active mentor method in my reply to Roe