When I invested and got involved in Steem it was because there was rules that were meant to enable Steem to achieve a valuable level of content discovery and rules insuring that people with SteemPower act responsibly (3 months vesting time / Reward curve)
These days it seems like most of the whales don't care to police the other whales that allow for opportunistic actors to circumvent the 3 month rule.
- Beg a greedy whale for delegation via a memo in a micro-payment.
- pay ~50 SBD,
- Receive ~100k SP delegation
- Spam and upvote your own posts.
- ... Profit
Now get ready for the large scale operation:
This is the kind of posts being "promoted" by @elizabeth302
Hint: They're not being promoted, votes are done just before 6.5 day as to go unnoticed.
Wow! Such money, no views ? Much abuse!
Are we made fun of by @Freedom ?
How infuriating is that empty content book GIF posted under every of @elizabeth302 posts?
Or the kind of post being "promoted" by @askquestion
(they are just static prices from BTC, BCH and STEEM, and ETH.) with 40$ for 10 views.
Witnesseses and Whales, we need to seriously discuss a HF to fix Steem's content discovery incentive rules. The few good whales are tired of spending SP/money to make up for a broken system and the users are tired of operating within an unfair system.
Let's not rely on Steemit Inc. for a fork, they seems fully focused on communities and SMT at the moment.