Let's do some quick math.
Youtube payout is about 2 USD per 1000 views.
A brand new steem account with no activity has a vote worth about 0,002 USD which is effectively equivalent to 2 USD per 1000 views, so let's take the 0,002 USD per view as a base reference.
How is this going to work?
Whenever a user watch a video 0,002 USD of his power is given to the video creator regardless of the user's steem power.
- Every user's would need to give the website voting permission.
- The voting would be done by the site automatically whenever a user watch a video.
- Users's steem power would also be checked automatically to determine how much % of the voting power should be used
to reward 0,002 USD.
- (optional) New users would only be able to watch 10 videos per day ( 10 votes at 0,002 USD )or 70 per week unless they buy more steem power.
- The site would record only views made by users who were logged in.
I realize the 0,002 USD figure is a bit low considering steem has a lot less users than youtube and that views can only be recorded from users with a steem account, but this is an arbitrary number that could be increased.
Could something like this work in practice?
Views to me is a fairly good metric to gauge quality, or at least popularity. The point of such site would be to remove the unfairness perception that users have on steemit. I can understand why some users are frustrated but I don't think it's warranted. Steem is not unfair, 1SP = 1 vote can't get any fairer. This rule applies to everyone. The fact that some users are more wealthy than others is not a steem problem, it's an existential one.
The unfairness sentiment is something that can be improved with better UI/UX but first a better understanding of human psychology is required. A good question to start with is: Are steemians frustrated because they don't earn enough or are they frustrated because others earn more?