I just want to inform you about my thought about all thing:
- [Whistleblowing] Another dangerous draining-reward-pool business was just born on Steemit? Here are my objections about @vote2ico initiative. (declained payout)
I do not want to flag any of your post. I do not want to start a war. I am open to discussion, maybe I didn't understand something or maybe there is a solution for that.
Great post! If you're invested in Steem and Steemit you don't wan't the value of Steem to go to a bunch of probably soon wothless ICOs. And you also don't want Steemit's trending pages cluttered with things of no value to new users.
"you don't wan't the value of Steem to go to a bunch of probably soon wothless ICOs"
I'm not sure what you are saying. The steem & sbd that are generated are going to go to the author of the post that the user upvotes, not matter what. It's just that in this case the author is essentially giving back half of the reward to the user on the condition that it is used for the ICOs he is promoting. Those SBD are presumably paid to the ICO founders who then have it and will later put it back into the system, either by selling it on an exchange or using it in their steem wallet in some other way. If people want to spend their upvote (and yes, an upvote has value) on an ICO that might be a bust, so what?
Thank you for questioning me and sorry for answering late.. I could definately have written a better response but to clear things up here. I don't know if they will be worthless soon so that's just something that could happen and seems to have happened to a lot of ICOs. I shouldn't have written that because I'm not an expert on it.
As for Steem loosing some value to these promoted ICOs. Are you saying that this won't be a problem because they will keep those SBD to the same extent as someone who's invested socially on this platform? And use their voting power to promote quality content just as much as someone making content here? Because if not this would still be true right? Unless there's something else I'm missing like this somehow pulling in new users to invest in Steem just to buy ICOs with votes. What are you thinking?
how is this of no value to new users? new users dont like ICOs? who says? are pictures of trees of value to new users, for instance? maybe i'll tell you new users don't like tree pictures, so let's get rid of them! it's absurd!
You're right I wrote this clumsy. I'm not sure of anything but we should all atleast try to make value for new users here right? Maybe I'm wrong to believe that this won't be of as much value to new users as trending post where people actually voted on it's free content instead of buying things. Maybe the platform could be updated to separate posts selling things for votes from content that users just like. But that's atleast my argument for now. That this site shows more value to users without trending posts selling thing for votes, right now.
As I said I'm not sure but what's your argument? I know tree pictures was just an example to show how absurd it was to think that you know what people want to see. But if you actually had an argument for something like that I would like to here it and then make my decision on if I wanted to promote it.