"It honestly looked like he was in a whale circle jerk the first few years of steem..."
It was called the "Steem Guild." I wrote a post about my thoughts on guilds and that guild in particular. What they were doing was ridiculous and after Ned withdrew his stake from their controlled voting trail (after they had made themselves little whales with it), they just continued to vote for each other's garbage. Then, after they all acted like they were in it for the long-haul and one of them claiming he wasn't selling Steem "until $100"... they pretty much all left. This guy stuck around and kept doing the same thing.
I wouldn't be surprised to see a few of them come back to "milk" some more.
It's sad to see that this kind of stuff still happens (and to be clear, it's NOT just this guy or that group). This has been holding back real content discovery and reward distribution for five years. It may just be the natural result of stake-weighted voting but it's certainly preventing the "best" or potentially most "viral" content from rising to the top and attracting attention. Instead we just get mundane and/or repetitive posts from the same people day after day, week after week. It's not promoted. It's not read. It's not bringing anyone in. It's just growing the wallets of some users. And it doesn't matter whether it's Leo, Hive, Steem, or any other community or platform.
Anyway...I certainly don't feel bad for him. He and his buddies were not only socializing their "costs" of curation on Steem, but they were also mostly dicks about it. And Ned didn't care either. They were handsomely over-rewarded for doing what every other user did. And when their milking train ran dry, they just left. There's nothing for them to cry about now. Just take your win and go.
Posted Using LeoFinance Beta
Man, can't believe how many years ago that was at this point. Definitely a hefty sum was had.
Posted Using LeoFinance Beta