Now that's... something a bit new. Wasn't there a FB game back in the day, investing points in "hot pics"? I don't know, fun is fun but I still need to see for myself that this can work for tokenised models!
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When users are able to earn money for just simply posting any sort of low-quality meme, that's basically what you get.
People don't put any effort in and they're happy with earning a couple of cents for posting and sort of crappy image they've found.
I'm not sure how you could overcome that :-/
People don't put any effort in and they're happy with earning a couple of cents for posting and sort of crappy image they've found.
I'm not sure how you could overcome that :-/
Yep that's why we don't incentivize anyone, we incentivize posts that become famous and go to the hot page.
Basically every new content goes to the fresh page. Then we have the "meme miners", the people looking at memes. These people looking and selecting the funniest memes upvote and invest on memes.
As you invest, you are staking some tokens on the meme itself so you cannot randomly invest unless your very rich, and i'm not even sure this would be profitable.
So we've made an algorithm that selects the best memes depending on the investments, comments, likes, time posted etc.. (It's still not quite perfect but it's improving) for the hot page.
So while on steemit you get incentivized by how much SP and power you have, here on funnychain we made it so only people that contributed to hot posts get paid, so people curating the platform and posting great memes.
So we think this will overcome that, and quality memes/content only will be on the hot page!
