You are viewing a single comment's thread from:
RE: Steem Basic Income (SBI) - Interview with @dynamicgreentk
My question is this. How or will you adapt Sbi to the new token @ned is talking about for post promotion?
My question is this. How or will you adapt Sbi to the new token @ned is talking about for post promotion?
Just another SMT, except specifically developed by Steemit. Since it would not be stake-weighted, it would not scale to our existing model. However, we would probably pick up a few as our members continue to upvote our updates.
Most likely outcome is we convert those to STEEM and use them to power up the SBI 2.0 account that rewards community engagement.
But think about this... you create another token that does not impact distribution of itself (no stake-weighting), does not impact bandwidth, etc.
What gives that token value? Collecting as many as you can shows that you are a good person?
Unless other programs start using your stake in it as an input into their own rewards schema, there is no incentive to hold it, collect it, or buy it. No incentive to do anything but sell it. Maybe we should call it SteemitDogeCoin instead.
I love getting achievements from @steemitboard, but they don't pay the bills.
I'm happy with this news you bring Joe! Just so you know the achievements are meaningless next to the level ups!