I was talking about the former split from Steem by Fuzzvest's team. whaleshares.io
It's true they didn't do much, but on their site which was a fork of Steem they removed downvoting and they found out very quickly what a bad idea that was.
It ended up with all of the whales making... "Account Preservation Posts" 10 times a day.
That's all they said...
No one curated, most quit making real posts at all. All the small accounts left and the value went away.
Now they have switched to a tipping site, but the tokens are worth nothing.
There has to be a reason or motive for people to curate or make a real post or it will quickly make posting at all pointless and just be an inflation distribution platform.
I was talking about the former split from Steem by Fuzzvest's team. whaleshares.io
It's true they didn't do much, but on their site which was a fork of Steem they removed downvoting and they found out very quickly what a bad idea that was.
I'm very familiar with the Whaleshare story. Why was it a bad idea? Ended up with a concentration of coins in few accounts?
It ended up with all of the whales making... "Account Preservation Posts" 10 times a day.
That's all they said...
No one curated, most quit making real posts at all. All the small accounts left and the value went away.
Now they have switched to a tipping site, but the tokens are worth nothing.
There has to be a reason or motive for people to curate or make a real post or it will quickly make posting at all pointless and just be an inflation distribution platform.