Great thoughts.

I’m very much in favor of digital & low cost rewards for minnow votes, as well as publicizing backers - giving them mentions in posts & even the printed work perhaps. I’m not as keen on “vote backs” being an announced reward. It just seems off somehow...

Rather than direct transfers having their own tier, I think they should just combine with the vote value tally. That way if a backer’s votes are worth $5 during the campaign, they could send $5 in Steem directly to reach the $10 tier.

I think campaigns shorter than a month would be more difficult to build momentum and hit goals. Especially in these early days, a person running a campaign should also “price in” Steem value volatility. Sure it may work in your favor, but it could also hurt! So if you need $10 to make a reward economical... you’d better make it $15 to be safe so you could survive at least a 33% value drop.

Campaigns should do their best to “lock in” value as posts payout by regularly converting to Stable coins & fiat as fast as possible. They could even set up something like a specific bitshares wallet for the campaign holding the bitUSD. Those interested could readily see the campaign progress by glancing at the wallet value.

Of course, votes don’t have escrow! If a project doesn’t get fully funded it still makes off with the invested votes unless the campaign runner sends equivalent funds back to supporters. The overall system is inherently based on reputation and trust.

People who participate should always be advised to only vote on projects they’d be happy to support even with no rewards.

The other potential use case is a Patreon style system. Run reports & distribute rewards monthly with no set end date to support an artist or project over a long term.

Just some rambling phone typed thoughts... 🤔