they always pay out less than they take in overall (kind of like casinos)
Your own link says this is completely untrue.
Bots are not meant to be cash machines, they are meant to be promotional tools.
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they always pay out less than they take in overall (kind of like casinos)
Your own link says this is completely untrue.
Bots are not meant to be cash machines, they are meant to be promotional tools.
Ah yes, looking at it again, I did read that wrong! My apologies! Do bots effectively run at a loss then? (If that's a stupid question, feel free to ignore it).
Not at a loss, but most of us don't make much as the delegators make the real profits. The vested curation rewards are most of what we earn. There are some bots that don't need delegation and they do a lot better.
I agree with this statement 100%. There’s nothing wrong with paying bots to promote your content. That’s what would sustain this business on the long term.
But once bots become cash machines to extract money from the system without adding any significant value in return in the form of quality content, then this platform will have a problem on the long run. It won’t be able to sustain itself. The developers need to do something about this problem in order to make it a sustainable business.