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RE: Steem Works: A Funding Mechanism for a Worker Proposal System

in #steemit7 years ago (edited)

A funding mechanism would add incredible value to the steem blockchain.

This already exists. Anyone can propose any project and receive funding from the voting consensus of every other invested user. This has been done since the blockchain began. Why do we need to create it again?

If we don’t like the inflation for holding SP or its results, then get rid of it. There’s no need to add more complexity to the system by creating another separate allocation/consensus mechanism. Steem is already complex and complicated enough as it is.

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Why do we need to create it again?

Because a solid project usually needs a lot more than a couple hundred bucks.

IMHO, The SMTs that will be coming to Steem next year will kind of act like projects that the community can invest in through their respective tokens on the Steemit blockchain. Therefore this debate about allocating to different projects may become a moot point.

Are there any “solid projects” that exist on Steem today?

I agree with you regards friend if you can visit my blog and vote I would appreciate it

Because a solid project usually needs a lot more than a couple hundred bucks.

Big Thumbs Up to that.

Money is the least important when it comes to making a good project, you need more head than money.