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RE: Steem - Reward distribution Proposal
Sorry, If it seems this way. Value should be somewhere between Originality - Effort - Quality. But the value someone gains should be closer to the metrics than to what we have now.
Value is subjective when it comes to social media.
(But I do agree that non-original works are deeply problematic though and should get a $0 pay-out. )
Exactly, since value is subjective, people should be able to assign a max value to something =)
(At least regarding what they spent on it)
In your example, what happens if there is a fourth upvoter with a max value of $60?
It would work like a 0% upvote.
He'd upvote but it wouldn't change the value.
If he'd upvote with 90$, the one with 90$ would receive a part of his back.
But, as another user mentioned, this system still needs to be adapted, to, for example allow space for curation.
I think a solution would be calculating a "mean-value" of the existing, and allowing to go up to this to avoid 0% votes, to guarantee curation.