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RE: Bidbot Power on the Rise
Buy more STEEM, right? I said that. What else can we do? Code changes to disincentivize it, which I have suggested in the past, aren't going to be adopted because the top witnesses decide if code is accepted, and they are voted pretty much based on freedom who supports bidbots. Any suggestions other than buy STEEM to influence the witness ranks? That's all I see as being able to change things.
When dapps or other initiatives will have higher ROI than bots, all those"investors" will delegate their funds to useful apps and just like that, bots will be gone...like once and for all
How does a dapp or other initiative pay people for delegating? Can you give examples? Wouldn't this apply only for dapps that get paid for something in order to pay delegators? Thanks.
The same way actifit, or steem-ua or any of the sort do.
When apps are adopted in real world this is what's going to happen.
Don't they work through paying delegators from the curation rewards from votes? Just like bidbots? Or what am I missing...
They do...but most also pay delegators with smt’s, which might be worthless at the moment but when they are finally launched (they will at some point) some will have substantial value.
At the moment it is just accumulation...in a few months apps will be more profitable
I agree, and wrote on this very recently; that groups will develop that will take the profts available from the blockchain and redistribute them according to their own criteria.
If the core economic model of Steem does not change, then this will be the next development.
Sounds good in theory, but what sort of dapp could generate revenue to sweeten the pot?