Reward method possible alternatives in Steemit
Components
Blog, Reward structure, A possible alternative.
Proposal
The most obvious would be to have the limit on post per day limited to a smaller amount. A smaller blog post limit will mean 10 a day will reduce to less than that, the rewards from any post that does not get uploaded or paid for, is still in the pool
You can also implement a system where your 1st post gets paid and your second at a less rate 75%, third at 50% and fourth at 33% 5th last post 25%
How many make 10 blog posts a day anyway.
This suggestion comes from the debate around the rewards some users gain from posting max blogs to reap maximum benefits. In many cases 2 or more of these blogs can be incorporated into one Blog.
Mockups / Examples
Unsure how to show an example without using another user's name
Benefits
There is a reduction in the rewards to a few users on the platform and an increase in the share of the reward pool distribution. Reduction in spam, a greater chance for higher Quality posts. More exposure to newer users.
Posted on Utopian.io - Rewarding Open Source Contributors
The problem with the rewards pool, I feel does not really have a lot to do with the number of post. A person can put out ten post a day and take very few rewards from the post. A person can even vote on each of their post and take very little from the reward pool. I will use myself as an example at current price my full vote is worth 0.010. Ten votes a day would be $1.000. Hardly a dent in the rewards pool. Now let's take a big whale. Full vote worth $250.000 ten votes $2500.000 a day. Limiting the votes or the vote payouts is not going to help me progress any at all. I do not like the idea of separate rules based on levels of success either. If you tell the persons at the top that well you don't need to vote 10 times a day or we need to limit your vote power, then where is the reason and why to succeed?
I still think if it was a real problem then steemit.inc or steem.io would intervene.
While it is true, the return back to the pool is not a great amount.I do think the production of 10 quality blog per day is a task for a team and not just one person. It would also have a knock-on effect on bot voting reducing the number of posts a bot can upvote. That been positive or negative is still in debate.
A reduction in the number of votes which can be done by a limitation on blogs,
If 10 members posted 10 blogs and each got 300 votes that will come to 30K votes. reducing that to 5 would mean only the use of 15K votes. The value of each other vote would increase. Your one vote which gets 1 could then be worth 1.001 every little bit helps. If we do not examine these tiny benefits, the ability for new minds to join the community will diminish at an ever faster-growing rate?
I do recognise your point that the benefits are low to a system like this initially. Currently, rewards are chased by following whales and feeding off what falls away from them in the waves. Gaining followers is something which you do over time. And though some have built a massive following over time, the rewards gained from a mass following of voters regardless of the content has to have some effect on the pool.
Does anyone blogging need to earn over 1K a day?
There is not limit of ten posts now. You are only limited to every five minutes, provided you have the bandwidth to post more. I don't think limiting the number of posts is really relevant, as only one user has every gotten decent rewards from more than two or three posts in a day consistently anyway.
I just realized, that one would get around this kind of limitation by creating many small proxy accounts :(
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