RE: We need to listen what big investors are saying alias let's make Steem great again

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We need to listen what big investors are saying alias let's make Steem great again

in steemit •  8 years ago 

man can someone just write a short (less than 300 words summary) of what is actually going to happen.

we "investors" look at a lot of things and while i appreciate you going in depth some of us just want to break it down to what is the real deal with steem.

is it going to rise like steem or is it just a stinky steemer that needs to be dumped .

excuse the pun

steemit
8 years ago by

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      ·  8 years ago (edited)

    First, I'm no Steem spokesman and no whale holder or Steem developer so what I write is mostly voice crying in the wilderness which might be heard or not.

    Anyway, I'll try to summarize my article:

    • There is a current state
    • There is the new proposal that will be highly probably applied very soon
    • And there are my own suggestions to fix relation with investors and to bring sound business plan (and profitability) to Steem platform to reach mainstream adoption from users and investors

    What is proposed (by @dan and @ned) and will happen soon 99%

    • STEEM inflation will be cut form ~100% to 9.5%
    • SP will be frozen from 2 years to 3 months only
    • inflation allocation (new STEEMs) will go (75% to Reward Fund(Authors/Curators), 15% decrease SP inflation, 10% Witnesses)

    What I suggest is (and what could happen if my plan is adopted by major player or pushed up by Steem majority - probability of application: LOW so far

    • Invest 90% of inflation to development and platform improvements (hire 10> devs, designers, financial and create sound long-term profitability model).
    • Invest 10% to the rest with the proposed allocation
    • Cut STEEM inflation down to 1% as price grows, convert SP to STEEM (and remove SP)

    The goal is to invest to boots platform quality to Facebook level (without FB weaknesses) instead of wasting money for (almost) nothing, bring long-term profitability model and make platform attractive for new and existing investors to get enough capital for building. But we need to be aloud to and to have influential people (investors and whales) backing this plan to make it happen!

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