I actually hope they do something like this on Steem. Remove the reward pool and replace it by proof of stake where investors get passive returns and go into a direction more focussed on dapps. This would instantly drop the entire facade and solve all power struggle wars giving more reasons to power up. The entire upvote reward pool upvote system simply doesn't work the way it is intended as it's mostly just one big game for everyone to get as much out of it as possible ( post2mine | upvote4upvote | pretend2care | ...). It has great potential to connect likeminded people in a friendly environment but especially with the new HF21 rules, everything is really messed up.
I never joined whaleshares as the main reason for joining would be just to leech what I can get without anything more. I guess it won't have the real userbase to survive.
Keep it up!
what an awesome way to drive content creators away from the platform.
Oh its doing quite well and yes it does solve some of those issues, it also solves the issues of spamming the chain to upvote your own post with all your friends accounts. Interaction has organically gone up and i invite you to join :) Cheers!
Exactly, removing the reward pool instantly solves the major things that are wrong with this platform. It's also hard to argue against it. If content creators leave it's because they were doing in for the wrong reasons in the first place. There would be also no more reason to pretend or bend your content around subjects just because you know they get the upvotes and the entire facade would be exposed instantly.
The problem I have with whaleshares is that I have a hard time seeing it have any value. At least on Steem there are dapps being developed. I'm also looking to test out publish0x which works with a tipping mechanism.