This also reduces the opportunity for an individual to get rewarded after 24 hours. If the author doesn't grab any votes in the first 24 hours, his efforts are wasted.

In reality, the author will most likely have the next page of their never ending saga prepared and posted before the previous page even gets a chance to melt away into the long lost history of space and time, never to be rewarded again.

I'm seeing far too much focus being placed on individual units rather than the entire picture. The reality of this business model is each effort builds upon the previous efforts. No such thing as waste. We're not creating books and movies here. It's not all or nothing.

The rewards one earns today has very little to do with what they actually did today.