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RE: Incentive trees and what we can learn from Bitconnect

in #crypto8 years ago

Excellent point, recently I wrote an article about how Steem and EOS could benefit from the continual mulit-sig Ethereum wallet problems....In it I wrote essentially about the SMT and how it can help push their agenda further....Thinking about it now, Steem itself can launch its own SMT for marketers, where marketers are rewarded base on the amount of volume that they bring in, What do you think....I also think moving forward, once Steem establishes itself and the price of Steem moves above 2.50, they can pegged it against Steem instead of USD as to help restrict the amount SBD in circulation as less would have to be produced because we all agree that crypto prices would continue to trend higher.... The challenges Steem faces is creating an incentive, everyone won't be bloggers, how now can we create an environment that encourages participants, one may say curation rewards but I believe that isn't enough as we can see happening....I am also very concern about the potential effects flagging could have on the SMT if participants for whatever reasons start flagging projects, so lets see how it plays out

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