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RE: @Reward.app - liquid payouts for author + liquid curation rewards :)

in #hive4 years ago

I think an incentive to spread out the author rewards wider has done a lot of good on this platform.

It has but a lot of it is being done for the wrong reasons. If you check some big accounts you will quickly notice that many vote on posts that have no votes cast before them, by that I mean no votes at all and they often don't get any additional votes after either. These accounts are already maximizing their curation rewards but don't realize that some of these posts have not received any votes for a reason (or don't care to realize), yet when they stumble upon better content that has 0.10-1$ in rewards they won't vote because they know a portion of their returns will go to those who voted for 0.10-1$. It's really backward, in one way they're focused on voting 100x 10% votes per day which you'd think is great for the platform but on the other hand as soon as some of the regular accounts generating good content start to get some front-runners and bots the bigger accounts are going to discontinue curating them.

Of course as someone who's focused for years now to curate new authors and their content I enjoy this distribution but knowing it's being done for the wrong reasons and often times votes being cast on garbage content just because it has no front-runners it's not doing the platform well. At the same time authors are realizing this, they know that if say @bigaccount1 votes on their post there's no way @bigaccount2 or @mediumsizedaccount1 is going to add another vote on their post. What do you think this will encourage? Authors start to write content with a certain amount of effort just to be good enough to receive one of those big votes or they create several accounts so they can post more short posts daily to receive more votes from @bigaccount1 without them knowing - sockpuppets.

As I mentioned in my post, there's a lot of things we'd want to accomplish and while we understand there are some drawbacks to this experiment we hope that the majority of changes will be positive and if there's ever anything we can add to make sure things won't get abused we're going to see to it to do so.

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At the same time authors are realizing this, they know that if say @bigaccount1 votes on their post there's no way @bigaccount2 or @mediumsizedaccount1 is going to add another vote on their post. What do you think this will encourage? Authors start to write content with a certain amount of effort just to be good enough to receive one of those big votes or they create several accounts so they can post more short posts daily to receive more votes from @bigaccount1 without them knowing - sockpuppets.

Anyone can already post as many posts as they could possibly want using a single account. There is no advantage to using sock puppet accounts for the purposes of being able to post a greater quantity of content. On the contrary, using several accounts for posting content comes at a distinct disadvantage. The alt accounts do not have any history of engagement, few to no followers, nor do they have any autovotes set on them. Far fewer curators, large or small will ever see the posts.

Also, isn't the whole point of rewarding content just that - rewarding content regardless of who authored it? In my opinion, one of the biggest problems of Hive in terms of content is the sheer lack of it. When I go to Quora to answer questions to ask them myself, I find an astonishing volume of content I could easily spend days or weeks engaging without exhausting interesting material. In contrast, Quello has such a dearth of content that there is very little to catch anybody's interest.

Well talking about sockpuppets... If you have several topics you write about one racing cars one swimming one making lamps if you do that on one blog it's not CEO Google friendly and readers also don't want to read about swimming if they want to read about racing. It's just another blog with another topic. No sock puppet in my opinion. Few years back it would be advised to talk about one topic on steem. 😉