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RE: CharityCurator Progress Report | #7 | What's been going on?
Actually, we plan to go one step further and give 'social impact' a measurable value by creating a 'social impact' token. Making 'social impact' tangible would help align financial goals and impact goals.
Concerning your proposal:I think 5-10% for Steemit Inc. would definitely be fair. We have been doing calculations for our own business and think 10% for the whole technical background (Dapp, nodes, blockchain updates, storage...) should be the minimum. Token only seem to come out of thin air. :-)
That sounds great, I hope you can figure that out!
Sounds fantastic!
That's very interesting. Given the conversation, which it seems to me is about sustainability, how would the social impact token be financed?
We're also interested in rewarding engagement and participation, as well as social impact ... would a social impact token be able to encompass that?
Great question.
A social impact token would be used to reward engagement and participation in a bifold way:
I'm not quite sure, what you mean by 'financing' the social impact token. The challenge we see, is making the token valuable. This will be dealt with by making it something desirable, as a means of payment, as a symbol for being part of something meaningful, by giving you voting rights. Our ideas could be decribed as Steem-plus - the plus being a value-based framework which replaces purely subjective curation by impact-oriented curation-mechanisms.
That's the challenge with all tokens, what ACTUALLY makes them valuable as opposed to just throwing a monetary value on them.