How improve the Steemit reward having the Steem and SBD value going always up.
Hi guys this is just an idea I have had today that maybe will be silly or maybe can improve the actual situation.
People like @fuzzyvest are fighting against Bots and trails to create a better platform where people will be more active and there will be less bots.
@berniesanders is supporting several challenges like steemitphotochallege where I normally take part every single week (this time was 2 weeks long).
@steemsport that is doing a great job in here and times ago was rewarding people with SP once the bet was right.
@steemvoter that is rewarding people once nominated (I had luck and I have been nominated too) so again Thank you guys.
So there are several way to attract REAL people to the platform but we know as well that a good part of people come here to make profit and run away or others can't make profit as are saying this is a scam website.
So I have an idea that I would like to share with you then you are much more capable than me and you can create it.
My idea
There are so many challenges that are rewarding people for their job, for their skills, for their ideas etc and the rewards people are getting are SBD and Steem.
Now I am very attracted by Cryptocurrencies but I am not very capable and maybe what I am saying is a bullshit but please allow me this thought.... every time you sell SBD or STEEM if there aren't other people buying the value will drop down.
I have noticed it and maybe I am wrong but I think it is working like that.
So coming back on my idea... following all the challenges in Steemit (some of them mentioned above) instead of rewarding people with SBD and STEEM why you don't reward people with a higher amount but in Delegation SP????
I will do an example now.
Steemitphotochallenge is rewarding the first place with 35 SBD the second with 15 (I think) etc etc... what will happen with those SBD? Well normally will be sent to Poloniex, Bittrex or whatever and sold. In this way the value of SBD will be a bit less because the people selling will be more than the actual people buying.
BUT
If instead of giving 35 SBD you WHALE (in this case bernie is the sponsor) you DELEGATE your SP to the winner... well it will be a great win. For example instead of giving 35 SBD you can allocate 100SP to the first place... YOU WILL ALWAYS BE THE OWNER but for us tiny fishes will be a way to grow up our SP.
So in this way I want say I won the challenge... I got my SP delegated and my power will be always higher (that's what the majority of us want) I can't sell the delegated SP as it is not mine but my voting power will be higher and in this way the power will be DECENTRALISED. More people will start writing and being always happy and will attract always more people with skills.
So...
The website will run in the same way, the Whales will not lose any SP because they are always the owner of this delegated SP, the people will win the different challenges will receive the delegated SP and will be more powerful, less SBD and Steem will be sold and the value will go up instead of going down and you will attract even more investors.
This is my idea, I am not skilled to put it in place but normally I think I have good ideas.
I hope you like this idea and if it wasn't completely clear please write me...English is not my first language and sometimes (especially when I am excited like now showing you my good idea) I can write very bad.
Looking forward to hearing from you guys I wish you a lovely rest of the weekend.
Best regards,
can you please help make me a witness? what are the steps and procedures. thanks in advance
Hey there are several posts about being witness. Please google it as to explain it I will spend hours. Thank you
In general, the idea is good.
But... do not overestimate the ability of a few 30-50 SBD prizes to move noticeably the prices on the global market. This is like a spoon of water into an ocean. To make this scheme attractive , majority of (potential) participants should understand ALL the benefits of having higher SP steam power . To me it is not completely clear. Does having higher steem-power helps to harvest more rewards from the same amount of upvotes? How much? In what degree? Does it help to attract new followers faster? In what degree? How exactly the SP delegation process works? How many steemians have perfect understanding of it? Questions, questions....to which very few of us could probably answer right and comprehensive
Good point. Answering to you.... I know it is only a spoon of water into an ocean but my idea has 2 different points... increase the reward and decentralise the SP giving delegated SP to other people but owning it anyway.
If you have more SP your vote worth more and will reward you or the people you up vote more. You will get more curation reward as well.
For example with my 5million of Vest power I can give 3 cents for every up vote.
My idea is a draft that can be used and modified giving a great result.
Update: All the money I will raise with this post will be converted and transformed in SP for my account.
Good idea
Thanks for sharing
Have a nice weekend
thank you! You are very quick reading :) Have a good one you too
Here are my thoughts on BTC, ETH and STEEM https://steemit.com/steemit/@wvm/will-ethereum-surpass-bitcoin-in-value
thank you for spamming your link in my post! I won't flag you or anything... at least read my article and then comment in here :)
haha I did read it, great post.... just sharing my views, I hope you don't consider that spam... it's a such a new community, I'm sharing my thoughts in the hopes of creating a conversation, because I want to learn as much as possible as well. ;)
By the way, my blog post is a question, because I am very curious about cryptos.... I shared some info I have learned and observed but more importantly I am hoping people comment with their thoughts and opinions because as I said I am very eager to learn.
I understand.... if you share your post that is not connected with the topic... well yes I can consider it as spam. I don't mind honestly at least for this time as my point is to share with everyone my idea.
it's cool my friend, I wish you the best :)
cheers
Great post :)
thank you :)
Delegating SP does sound like a great idea, I'd join in on it, but I don't have any cool challenge/game ideas.
we can still use the actual existing ones. We don't have to create (in this exact moment) a new one. Like I would like to have 100 or 200 SP delegated to me instead of earning 35SBD
For sure that's a possibility now.
Not for SBD, we want those to drop in value.
But delegating STEEM challenge rewards may be a good idea. It will probably lower participation though, so it's up to the one who runs it to decide.
It's great that you brought it up, most probably didn't even think about the possibility.
Thank you pharesim! I hope you guys will consider this post as a potential idea on how to improve the platform and the reward!
The delegated SP as a prize is a good idea!
thank you :) I hope other people will think in this way! :)
thats actually a really good idea!! i agree with it!! whoop!!!
thank you alla :) x