RE: APPICS vs Steem reward : what do you think ?

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APPICS vs Steem reward : what do you think ?

in appics •  5 years ago 

Only the whales with a lot of invested SP decided who is gaining from the reward pool.
If you don't have a whale in your friends, you don't earn anything from your quality posts.

appics
5 years ago by

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      ·  5 years ago 

    That sounds pretty paranoid to me. Since this is a public blockchain, and all transactions are recorded on it, can you provide any evidence to that?

    If you can, I would be very interested. If you have followed my recent posts you would know I'm not all in on steem and if true I will take my ball and go home immediately.

    If true, it would make WAY more sense for me to invest the SP that I have here in paid wordpress hosting and take my work there.

    Without proof, I will continue to dabble on the blockchain here and feel it out.

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      1 vote
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        ·  5 years ago (edited)

      I is very easy to proove it:
      Have a look at @liondani posts. @liondani is a witness who has upvoted your reply.
      ( I don't know if you know @liondani or not but my guess is yes, you know each others.)
      https://steemit.com/jesus/@liondani/many-dogs-have-surrounded-me
      @liondani just put a link to a youtube video and got $3. If I do that, I will have @cheetah that will come and tell me " you are posting thing that is not yours, you are a bad boy ! @chrisaiki"

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        [-]
          ·  5 years ago 

        This seems a little off. The same could happen on APPICS if I went in a just bought up all the tokens I could. I would then have control over how they get distributed.

        If you don't have a whale in your friends, you don't earn anything from your quality posts.
        My understanding is that if I have a lot of SP a single vote from me could make a big difference. But most of the "huge" whales by SP aren't active anyway.

        I went over to @steemitboard and sorted by steempower. The first 25 after removing the ones that have less than 10 total upvotes, have a total of 32,672,724 SP

        Then I took the next 100 and did the same thing and they had a total of 25,775,190 SP

        So the whale still have more but not really that much.

        The top 3 accounts have 59,899,272 SP alone, but have 10 upvotes between them. They have the power, but don't throw it around.

        Conclusion

        The dolphins and minnows have the real power, but getting them all to agree that something is good, or even interacting at all is hard. This means that it is going to be hard to have large winners at all.

        The same will likely happen at @appics when they get bigger, and with the token distribution that they have, it will be harder for them to cope.

        Again, all my opinion. I'm still trying to figure out how STEEM works, but I'm a quick study.

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          [-]
            ·  5 years ago 

          If one whale upvotes one of your post, you get $20 or $30 . If 200 minnows upvote one of your post, you get $1. So a whale is 4,000 times more powerful than a minnow.

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            [-]
              ·  5 years ago 

            How is that different on Appics? I'm still trying to figure it out.

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              [-]
                ·  5 years ago 

              I don't know, I just discovered Appics this afternoon. This why I am asking this question, in the tittle of the post. One good thing about Steem is that you get answers to your questions when it is about crypto and social media.

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