The birth of steemit some few years back where bloggers earn rewards for commenting and posting blogs was a good project many writers embraced. Initially many argued that it was a scam for social media unlike Facebook pays users for commenting, posting, liking post and comment. It was a big opportunity and a blockchain platform for freelancers to showcase their writing skills. Boom, steemit became the talk of the writing blockchain. This project was very successful at start up that many people began to show a strong future prospect by investing in steemit (buying stem dollar) but along the way something absurd happened; steemit derailed and crashing to its knee. Let’s look at some vital point that contributed to this that scorum should avoid or curtailed.
#1 Plagiarism
This act was one of those mistakes we saw in steemit that reduced it to platform where fake posts are dumped. A situation where people infringes on copyright laws even though there are hardly enforced by lifting others people work to steemit to get reward littered the whole platform making it less difficult to spot original post. I think everybody can see that the scorum management has started very well in making the plagiarism bot very active to detect plagiarism post and reward it accordingly but more effort is needed in this area as few people have complained that the bot still find it difficult to detect post copied from other languages aside English. If this is not tackled, sooner than later scorum may be walking the path of lazy bloggers to get reward by all means.
#2 Vote buying
With increasing number of people coming into steemit and the less reward they got from their work resulted to situation where people not only beg the whales for upvotes but started paying to get them in what is tag ‘’vote buying’’ Will you blame them? Someone after putting much work to create quality content felt he wasted his time will want to redeem the situation. It is without doubt that the weaknesses of steemit have resulted to the creation of other blockchain platforms like scorum and the likes. Scorum management must ensure that those mistake made in steemit will serve as a template in making scorum the finest blockchain sporting platform that will last for a long time and if vote buying bot or human secret vote buying must be permitted, great care must be taken not to defeat the aim of this project.
#3 System abuse
$1 billion USD was marked as market capitalization with $65 million USD to be distributed among users per annum for making post, commenting and upvoting. This amount was absurd and one of the most shocking of it all is how it was distributed, people utilized the decentralized system by upvoting their post and comments instead of allocating such to valuable posts and comments. I call this ‘’self serving jackasses’’ who provide nothing but steady stream of SCR to into their wallet making new comers who want to buy SCR to simply walk away or discourage the newbie’s from working hard. What these people forget to understand is that the price of SCR increases with the increase of investor/buyers and new people that join the platform. When the demand of SCR declines and the value declines, and if value declines and demand remain constant or falls below, the SCR worth falls the more. Here, we see greedy or unlucky people buying up the SCR but the issue is that the price keeps falling because nobody wants to associate with it and those with stock of SCR will discover how useless their effort have been.
Now, there is phase where everybody is correct in what he or she does and nobody is guilty. Of cause people are doing it. While others goes around monitoring and preaching against some post quality e.g pictures, 40 words count or less than 100 words counts and the type of upote it gets, they also breach the same rule at the other end. This results to campaign war and they collect huge upvotes at every post fired in the opposite direction just because people are interested in the drama as it unfolds. Whether you are for or against, you will sure be taking advantage of the platform to get stack of SCR.
If we all want this project; scorum to last and become what it is projected to be in the future,
We must care and protect the system from abuse.
We must care about the quality of post we write.
We must care about the people who make out time to read our post and comment on them
We must care how to use our upvotes to reward people that are posting quality content.
I personally care so much about this wonderful project to the extent that I hold it at high heaven. In as much as I don’t have the power to make things happen fast, I urge us all to always put the platform interest before ours. There are countless people on this platform I personally can mention their names that want to see the success of scorum and we must support their effort in making such come to pass. If scorum SRC get to compete with Bitcoin or Ethereum someday: someone is laughing), we all will be greatly rewarded and probably get to see each other at scorum world conference and investors will be coming for scorum.
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