HF20 Activated. DTube lowers beneficiary rewards to 10%!
Hello everyone,
Hard Fork 20 has just hit the entire steem network, and a large majority of the user base could not post nor upvote while the new bandwidth system stabilized. This now seems to be past us! To celebrate the first big upgrade of this blockchain in a long time, DTube has decided to change the beneficiary rewards (aka platform fees) from 25% to 10%.
Our last economic changes for DTube have not been well received. While this system of redistribution to curators was interesting, it really wasn't understood by the majority, and we continued to hear comments of DTube taking 25% of the rewards, which wasn't the case. Consequently, all the @dtube.rewards will keep on getting paid for the week, but will stop after.
While I know many people enjoyed these extra curation rewards, they needed a bit of stake to really start producing. The experiment gave us some data, but ultimately not the results we expected. 50% curation is certainly more fair, but isn't enough for a human to get interested in full-time curation in the current metagame of steem.
Finally, but probably the most important reason for this drop, is that Ned has announced publicly, and has personally told me he is confident on the release date of March 2019 for the SMTs. This date represents a certain date where DTube would finally be able to create its own token and start giving value to the token, and monetize from it.
SteemFest is also coming very close. At least two members of our team are attending and I'm still hoping to convince @Nannal to come. In addition, 4 curators and countless video creators will be there. Hope to see you!
This is good news for all dtubers, although 25% seemed fair, for all the support that the platform offers to all its video creators. I love uploading my videos on dtube, thanks to this I have met wonderful and incredible people, with a lot of talent. God bless all this family, and we look forward to the DTUBE SMTs
The SteemFest is a dream, I would like to be able to attend, but many economic problems affect the possible departure from my country Venezuela, however I feel it would be incredible to personally know all these fantastic creators of steemit!
Regards...
Can you please make me understand what this reward is?
I understand the reason for this change and that it's likely to be very welcome among video creators. However, speaking as a curator, the extra rewards did indeed cause me to upvote Dtube posts more often and the lack of those rewards going forward will make me less inclined to upvote any given post than I would have otherwise been. I hope things grow enough for some further incentive for curators to be implemented again in the future, because that would likely be a good thing for everybody.
Great news for DTubers! Hopefully more people will be using this dapp, as for the early concerns of dapp taking 25%!
Now we hope to reach more users on it!
Artakush dances the Happy Dance in the bush...
Hey
25% on top of the 18-25% natural curation was quite a hit for someone who doesn't vote his own work, and so I'm glad to hear that when I do post on @dtube again, an extra 15% will be coming my way. Cheers, and see you at Steemfest.
Yeah, 40% already gone before u even hit the post button.
Yeah, a pretty hefty charge overall. 30% is still quite a chunk, but more bearable for sure.
Very nice update. I like that! =)
Of course, dtube.rewards was a nice idea. But this is easier to tell people...^^
That's awesome news!
@acidyo, I’ve seen you around the community and wanted to say hello. Thank you for taking the time to help support fellow creators. Steem on 🙌🏻
-Ken
Posted using Partiko iOS
Good news!
Glad to see this and other improvements in dTube. I had previously had issues uploading but my recent uploads worked ok.
Posted using Partiko iOS
This is fantastic news. I am glad to see that DTube is addressing the issue that many people had issue with. I did not have an issue with 25% because I come from another platform that takes half or all if you are a small creator.
YouTube ? :D
Yes. Ha ha.
@ethanvanderbuilt, what was the name of the platform?
YouTube.
@ethanvanderbuilt, thank you for answering!
Posted using Partiko Android
YAY!!
Thanks guys!
Long live @dtube!