my suggestions for steemcoin development
Prologue
Steemcoin
This idea is starting from @clixmoney. Four months ago he wrote a post about steemcoin. Here is his post: https://steemit.com/steemcoin/@clixmoney/steemcoin-is-the-virtual-coin-that-can-improve-steemit-and-help-minnows-to-grow-steemcoin
His recent post is here: Steemcoin white paper
Here is steemcoin logo:
The idea is
We gather upto 10 moderators and distribute 10% of the coins among moderators. Initial coin offering is 100 millions coins. So each moderator will get 10 millions coins.
Distribution
We will write in the comments how much steemcoin we will give to people for posting. The motivation to give is, when you give you earn 1% of steemcoin of the steemcoin that the autor have. But he will also earn from you, so the upvote in steemcoin will not add to your coins but reduce. The goal is to distribute all coins to people, because the first ten people that will get 10 million coin each will be the moderators of this coin.
(I do not understand very well this part. What I understand is As a moderator I give 1000 steemcoins to author I will get 10 steemcoins. So If I give more I will get more.)
My suggestions
We may basically need a wallet to store the coins.
The author also need to have a wallet if not we need to note down who has how many coins.
Other thing is coins in their should be related to voting weight (if we have support from others).
eg like whareshares
Total coins are 100 millions. So we need to decide how many coins is equivalent to 100% upvote.
How will we have steemcoins to author?
Should we make contest?
Should we make steemcoin tag and another tag to make to filter?
I prefer using tags because others are using contest to giveaway their coins.
As I said above minimum reward and maximum reward given to author should be decided before starting the plan.
I would like to be a moderator that why I write this post.
Thanks for your entry, now we have 3 moderators: ( @clixmoney , @libertyranger and @ptcmyanmar ), you have also 10 million coins, please join the discord chat and let's discuss more about steem coin there : Steemcoin chat.
The wallet now is on our minds, we have more 70 millions to distribute, we may need a developer to make a real wallet for us in a website but till that it will be in our minds.
The we will have to upvote and resteem all posts that use the steemcoin tag if they are really useful and I upvoted your and I will resteem later.
ok thanks
your post was resteemed to more than 3000 followers, and we have now more moderators to support, you will have to resteem and upvote his post about steemcoin and he have also to upvote and resteem yours.
Here is his post about steemcoin : Steemcoin For who is it?
I do agree with you there should be a minimum and a maximum to the steemcoin indeed. Great post. Resteemed💪