Authors Vs. Curators
I was looking at the lists of posts with all of the various tokens and I noticed that there was a difference between the author reward and the curator reward in one of them. The difference is small at about 1% so I thought it could be one of the tokens that made up 1% of the reward amount. It turns out the CTP token rewards the author a lot more than the curators.
I would like to see a token that has a 1%-99% split and another with a 99%-1% split. It would be interesting to see how the market would react to these different approaches.
An author only needs to add a tag to get rewards from a given token and it is either rare that a post would be rewarded more with a particular Hive Engine token than with the native Hive rewards. So, we can assume the primary motivation is native Hive rewards. A high author based reward system is going to be a more fair distribution of funds initially, however. An author gets the new token and has no rational reason to keep it unless he is also a curator.
The curator not only needs to vote, but has to obtain the new token some how and power it up. That makes every curator add buy pressure to the token. Although, as a percentage POB has been doing quite well as a reward system for a curator.
In theory, I believe a 99% curator rewards token would do better in the market than a 99% author rewards token, unless some fundamental change happens to the way rewards happen. @proofofbrainio is a super whale, and with a 99% curator token, the equivalent would be even worse.
It seems like the distribution is already determinable to be bad if we start the distribution with 1 token powered up with my account and then I vote up who I please. I would become the super whale from that activity. The other token would be dumped and end up with no value. I wonder whether you the reader has any thoughts on how to mitigate these problems.
Posted with proof of brain.... Prove your brain now.🧠🧠🧠