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RE: eSteem and Steem referrals, incentivize users to invite friends
I dont think thats a good idea. The platform should remail long term rewards in sharing content, curating or investing. That would create a ponzi squeme.
A referral program wouldn't change any of this, it would only add another way to earn steem.
A ponzi scheme requires new participants to invest their own money, how is a referral program a ponzi scheme? Plenty of legitimate website uses referral programs because it's the most efficient way of getting the word out, coinbase have a referral program , is coinbase a ponzi?
Lifetime 1 percent seems like a lot maybe 1 percent for 1 year
Everyone will be able to take advantage of the referral program. You will be sharing 1% with the person who invited you but you will also be able to refer many users which would make up for the percentage loss. A lifetime program encourages long term marketing.
I agree with @ender, we should not go into lifetime earnings from others, that is just building Steemit out on terms of finance than anything else. See my other comments to this post regarding my opinion to fees for referrals.