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RE: The cost of non-profit

in #rambling5 years ago

It is safe to say HF21 will not solve anything on the curation front. All it will serve in doing is killing off the minnows. If it was difficult building up SP now, how difficult will it be to build anything when you are bleeding 50 of it to curators?

Essentially, I have always loved the idea of this non-profit project. It is what I wish bidbots were. But human nature is to be greedy and to profit as much and as quickly as possible hence why SP is flowing in the opposite direction.

While the focus has been on curation alone it buffles me why this project never includes a clause to require people to delegate SP if they want to be a part of the project. Just like steem, if you want to earn anything, you got to stake something.

How many of OCD authors actually are delegating to the project?

Just like Steemonsters support me in earning Steem so I support them with delegations.

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It is safe to say HF21 will not solve anything on the curation front. All it will serve in doing is killing off the minnows.

This makes no sense, the curation is supposed to incentivize big accounts so they vote on many others including minnows. Minnows will be able to earn more from curation if they are good at it compared to the linear system now, same with bigger accounts who keep looking for new good posts and land their votes early or delegate to curation projects who do it for them and give them back their curation rewards or take a cut, I'd personally prefer non-profit there too.

The reason we don't force people to delegate to use @ocdb is because they have already shown us they write good content when they were curated by @ocd. Forcing them to delegate would not be fair to those that have nothing to delegate and we'd rather they use their low stake to curate and connect with other accounts thus increase interaction and retention than only have empty votes.

I don't know if there is a tool out there that can help show the ratio of minnows to whales. Just off the top of my head, I would go with a 90-10 ratio.

Curation, yes, would be the expected outcome once we have the hard fork and I expect to at least in the short term. However, I expect that later on people will find ways around it.

I would expect the bid bot code would simply be modified to include curation rewards to delegators or maybe private curation trails will be the in thing.

Obviously, I am a minnow and I am definitely nervous about the EIP just when I found a support system and my SP is growing.

I still maintain that communities are the way out to increase curation. Just look at the interaction in the tribes like sportstalksocial.com and see the difference.

All the same OCD is the front runner in the non-profit area and I hope it stays successful despite the coming headwinds. I am definitely a supporter.

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I would go with a 90-10 ratio.

Who would curate for curation's sake with this ratio?

There's barely anyone curating right now and everyone who does is just shooting themselves in the foot seeing everyone else fly by them in stake and ROI. No one votes on posts that have good content except a few curation guilds while no one gives them any SP to do it properly with cause all is locked in bid bots/dapps/etc.

HF21 will make it possible for curation rewards to be higher than just bid bot ROI if you do it well, focusing on the same authors daily while bot accounts keep front-running you will lead to you making less curation rewards so you will need to either actively look for posts from new authors you think will do well or delegate to those that focus on it.

I am really looking forward to post HF21. I see it as reverse robin hood, whales will double up pretty quick, and you see it in a more positive light. I hope that is the case because my goal is to grow my SP which I should have probably stuck to over the two years I have been on Steem. Let us agree to disagree and see what happens. It is always nice to see a different perspective.

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