Partiko's Content Rewarding Methods Extremely And Excessively Undervalue Contents Abysmally Below Market Rates

Partiko's Content Rewarding Methods Extremely And Excessively Undervalue Contents Abysmally Below Market Rates

Steem is an emerging Crypto alternative currency being generated by what is called a Blockchain through which real goods and services are exchanged and contents are among these goods and services but the real price for contents on the market is not what we receive for placing content on this Blockchain thus increasing the generation of the cypto currency.

The average cost per word on the freelance content market is an estimated $0.7544 based on figures given on freelance websites I investigated.

For 33.3333 posts, Partiko is rewarding around $0.01.

For 1 post Partiko is rewarding $0.000300003, not per word but per post.

What is the average words per content posted on Partiko? A content of 100 words gets 3.00003e−6. I don't know how to say this number but that is what I get when $0.000300003 paid per post is divided by 100 words and it is abysmal and only an expert in math can name this figure.

So on the Freelance content market a word is worth an estimated $0.7544 and on Partika it is 3.00003e−6.

I am not here accusing Partiko of wrong doing, just pointing out a very grave error in their method of reward calculations for real contents in a real market. Crypto currencies became real money when people started to accept them in exchange for goods and services therefore the pricing of goods and services exchanged for Crypto must be valued in real market values.

When I exchange my contents for Crypto, I will have to use them to buy goods and services at market values from others, so it is not correct that contents should be priced below market value when exchanged for Crypto, it is gravely wrong.

There is a world of difference between $75.44 for content of 100 words and $0.000300003 rewarded (paid) by the Partiko medthod for the same 100 words while the only difference between the markets is currencies.

Steem is not a commodity, it can not be sold by it's generators, their services can only be provided for a fee. Like fiat currencies Cryptos can only be created when commercial values are created, so when a content with a real market value of $x.xx is exçhanged from creator to Partiko $x.xx Steen is created and with the necessary deductions for Steem fees and the rest paid to the creator with the content becoming part of the value added of Partiko which is valued in Steem, a balanced process is carried out. That's how a Block chain has to work. Contents are products and must be valued at market value. The current 30 points per post at current value is not feasible for content creators.

I suggest to Partiko, correct this erroneous method of calculating the value of a post to that of a real cost per word market value one. I cannot say what would be a justified rate per word, that is something you would have to investigate the content market to find out. You are not required to take money out of your pockets to pay contents creators because the contents generate Steem equal to their value, a part of which goes to the Steem platform. The value added that goes to Partiko can be turned into Steem liquidity.

If Partiko analyse my suggestion carefully you will see that it is correct and if you apply it, your platform would become the largest content inventory in record time because all content creators would rush to Partiko. As things stand Partiko will not last because a too high majority will never get the votes need to compensate the low value points system.

Posted using Partiko Android