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RE: Revamping Curation Is The Way To Increase Steem Power Demand
Are the rewards for voting being too little really the problem? You don't earn money from upvoting on reddit, facebook, youtube, etc. and yet those sites are incredibly valuable. I'm not sure curation rewards are necessary at all.
If people are only joining steem to earn money, then it'll only be a game for investors which will lead downhill.
Money is the initial incentive. People will stay for the community and the fact that there earning money will make this whole endeavor not seem like a total waste of time like all those other site's you just named plus people right better stuff when there being paid and of course less trolls under the bridge because the majority hates trolls.
Copying the model of those sites means virtually guaranteed failure. They are already established and it would be an incredibly hard uphill battle to build a user base comparable to reddit doing the same thing when reddit already exists. The unique selling proposition of Steem is its ability to reward users.
Agree. This is key! I it's about rewarding users, and rewarding them for things that make steem valuable.
My issue with the curation is that I think it does not accomplish this well.
Who gets how much is relevant but not as important as making sure everyone, curators and posters get rewarded for creating value. The current curation rewards bad behavior and as such reduces value. We need to make sure the rules are changed so good behavior is rewarded first before worrying about who gets how much.
How would you change the rules?