Part of the issue here is that the toxic nature of some of the biggest coin holders here means that many people simply don't want to come here and potentially enrich them. Most people have seen the problems that this has caused on Facebook and Google powered sites, so definitely don't want to be a part of recreating that here. On the other hand, if they can be rewarded for investing the most rare and valuable of 'commodities', their time, then they will risk helping the Hive chain to grow. If, however, they are not going to be rewarded much - even while others are rewarded drastically more - then there is even less incentive for them to leave existing mega networks. The small audience here is in no part due to the greed of some of the biggest token holders and always has been. It's an ugly sight to behold, regardless of their justifications.
I fully understand that people might think the same of me to some extent when they see that my posts have been highly rewarded - but I see the situation differently. I could easily sell my articles to online sites for publication and get paid nicely for it - probably more than I would get on Hive. I could also go and develop social networks - as I have done previously - and also get paid well for it. I chose to help grow hive because I want to do something that is public, decentralised and that might genuinely help the whole of society to be empowered. This is my motive for being here. At this point, I can't really set aside much time in my day for writing posts on here as I have done if the rewards aren't available - because it just isn't an optimal use of my time. If the rewards totally dry up then I might still post here but would more likely go to wherever there is either a large audience or the rewards that help make it all practical.
I don't really think that the community should be stunting it's own distribution of rewards in order to prevent some people who are obviously acting in bad faith from disrupting everything. On the other hand, if that's what the community wants then it should be tried! I suspect you will just see people pumping out a high volume of posts with a low reward limit, however. "Here's my 30 part recipe for boiled eggs".
This is exactly why I personally can not get many political content creators who have been banned from YouTube, Twitter and elsewhere to give HIVE a try. They have already had their livelihood attacked and do not want to spend the time and energy learning a new platform, just to be slammed for their views, as milquetoast as they might be.
I know some people's motivations here are not related to making an income, but personally I find that view ridiculously privileged. Especially when I check out their stake.
I just pay attention to the integrity within the people who hold power in a system because this is the root of how successful and productive the system will be. If people are obviously lying and manipulating, especially in a self serving way, then the results are going to be easy to predict over time. We are at a time of transformation and need to leave these dysfunctional ways and people in the dust.
Which I think Hive/Steem will never take off in the way they "could".
I suspect that a few key developments that empower a wide variety of people to run layer 2 projects in ways that really are quite isolated might be enough to shift things around, but we'll see.
layer one is broken
you can't build a house on a cracked foundation
I think you should start making extremely badly written and short recipe posts and earn 150 USD. Looks to be a lot easier than trying to think!
I think that pretty much nobody wants to limit their earnings on a post, and that is drawing a lot of the fire from the Downvoters. There also are no clear standards on why a post about a Photo Challenge post is OK to make 50 USD when it only took a few minutes to do, but a post you do that might have taken you an hour to write and hours of research is bad at 50 USD.
There seems to largely be no rhyme or reason when looking at the Trending Page getting upvotes VS the people getting downvotes.
There's definitely scope for making the rewards algorithm more intelligent, but a lot of the best ideas rely on oracle data that is either hard to reliably obtain or that can be gamed. For example, if there was a way to accurately measure post views and inbound traffic from posts then it could be directly integrated into the rewards.
Unfortunately, to be decentralised and open source this would require a lot of code and processing that is kind of off-topic for Hive's tech as it stands and the data could possibly be gamed too.
A system that is based on subjective valuation of stakeholders will always be inherently warped towards the opinions of the biggest stakeholders, it's not only a route for 'winning influence' with people but also even money laundering too. Just as NFT sales seem to often be a way of laundering money, I can see how Hive's reward pool could be too.
Solutions need to take all of this into consideration. I think layer 2 communities are probably the best bet but they need to be very configurable and available without investing $1000s.
Have you guys seen blurt? It has no downvote option. It’s not worth so much atm but is going up quite fast x