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RE: The Gini Coefficient For Steemit Is Not Just Bad - It Is Getting Worse!

in #steemit7 years ago (edited)

I think the distributions of the future Smart Media Tokens will remedy this issue. Steemit, busy.org, dTube will have to work hard to design a fair systems of hybrid Airdrops/ICO's to make sure the distribution of tokens is more widespread. Unfortunately many Minnows need to sell their STEEM earnings to pay for living expenses instead of investing in STEEM Power, and this creates an environment where Whales can accumulate all of the cheap STEEM. Whales gonna Whale.

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For example @mrviquez is living off of his STEEM earnings while he transitions to new employment.... another example would be @cryptopie who has a rare medical condition and fully supports himself from STEEM alone. Many other examples from what I've seen. With Smart Media Tokens coming next year we may be able to create an attractive environment for both investors and users who need to sell their STEEM or SBD to support themselves.