In fact, I would argue (and do argue) that there needs to be more incentive to attract readers and voters to Steemit.
I'd argue that quality content is what attracts readers and voters, not the rewards.
People aren't reading medium or reddit because they're rewarded, it's because they both have tons of quality content and good communities built up around them.
I do agree that we need to add more incentives to holding SP - but I don't agree with keeping a broken system because it's viewed as the only reason to hold.
Medium pays writers and is failing. Reddit is mostly unpaid writers and is doing fine. People write for free and are paid in reputation. No need to pay them anything of value.
Right - medium has it's own set of problems, which have nothing to do with curation or readership. They failed to find a viable business model to keep paying writers. Also, not all writers on medium are paid, you can go signup and start writing right now if you wanted. They attract non-paid bloggers through an extremely polished and easy to use author experience, and then authors go out and promote themselves on other platforms.
Luckily it'll look a lot more like reddit (I hope) once we get communities here sometime this year.
Sure, quality content is great. But what does that mean?
I would also argue that excellent UI development and actual marketing would also attract people. We're still waiting on those to play out.
Posted via busy :)
It means content that people actually want to read :)
Amen. I'm right there waiting with you and exploring ways to try and help. There's only so much we can do from the outside to impact those factors though.
Replying to comment above
Sybil depends on a cheap entry price. A $6000 entry price won't lead to Sybil. If they do split their accounts it's more management time and record keeping for them and they are just back where they are today. I don't think we should worry about that.
Not necessarily, people already have these amounts.
An account with 1000MV could spend 125 STEEM to create 5 accounts, and then transfer 200MV into each account. Each of these accounts would now be eligible for curation rewards with approximately the same weight as a 1000MV account.
The entry price wouldn't change.