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RE: My take on Vivacoin
Yes, I think the core idea of Viva is sound.
The problem seem to be that founders were running an experiment "to what extent the system could be abused before it collapses".
As for the audit I've started to be suspictious because of declining revards for the updates. In my eyes "declining rewards" means "waiving responsibilities for the content".
Anyway, now you have 500 new shiny Poket tockens to play with. You can send some of them to other Steemit users by making comments of this type:
pocketsend:amount@user,memo
Thank you very much for the 500 new shiny Pocket tokens and good luck. Interesting view point about the audit. I would have guessed that they declined rewards to not profit from the audit. I am still trying to see the positive in it all, the silver lining.