Yeah, i agree with this. Most of the projects are related to maintenance and nothing of any big contribution is created. Its just that the projects that are funded are funded because they have big friends and a standing in the community.
Id rather burn it then give Matt 15k USD to maintain keychain. Thats nonsense.
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I mean the top witnesses earn roughly 340 steem per day, and even at these depressed prices that is significantly more than it costs to run a witness node (or two). Then you have guys like themarkymark posting mostly every day collecting big rewards on top of those earnings... then the majority of the heavily voted DAO proposals are also witnesses... something is wrong here and getting worse.
You should maybe adress it. You got more reach then I do.
The best thing for STEEM unfortunately is for it to go to $0.01 so new blood can stake their claim and rock the boat at this point. But then there are the issues of too much inflation and other concerns. I fear it is going to be a very rough road for STEEM. There is no true leadership that someone can look up to. Looking at Energi they have Tommy World Power..... the guy is kind of a mythical legend over there. People have just had a bad experience with STEEM for the most part unfortunately.
Yea, the hope at this point is for something of value to be built on here that ties up vast amounts of RCs and SP. Or a bunch of somethings with value...