You are viewing a single comment's thread from:

RE: [KnackSteem] - Beneficiaries, redirection and bugs

in #utopian-io6 years ago

Hello @serylt!
I am the founder of the project. 15% beneficiary is not high considering how it is shared.
12% of the reward is reserved and sent to the project sponsors. The sponsors reward is proportional to the amount of SP they delegate to @knacksteem.org.
The rest 3% of this reward goes to the project moderators and supervisors who are in the care of verifying the quality of every content shared via KnackSteem.
We hope to attract more sponsors to enable us to give our contributors a fair reward. And in return, we want to appreciate them for supporting this great initiative.
For this reason, 15% is fair.

Sort:  

Greetings @knowledges,
from what I can tell, I still think that 15% is rather high and I'd reduce it to 10% if I were you, but I am not you, so it's just what I think. :)

Either way, whoever uses your platform gives these 10-15% of their rewards.
No matter if they're comments or postings, no matter if they get voted and curated by you, or not. The contributors seem to be the authors and writers of said content, which have to give away 15% of their potential reward, in that case.
Whether they get upvoted/curated by you, or not - which could grant a substantial passive income if they keep using the platform/frontend even without your curation.

Of course, why not try it with 15% and see how much comes in and reduce it later.
Or, vice versa, increase from 10% to 15% if it doesn't suffice.

You do you, though. :)

Glad that you ain't me :) because if you were me, you would understand that running this project on a server is quite"expensive." It's normal for people to think that the beneficiary reward is high, but come to think of it, we are only keeping 3% for the team and 12% to our sponsors. Just citing an example, Dtube takes even higher (25%), yet a lot of people use it.

Of course, why not try it with 15% and see how much comes in and reduce it later.

Yeah, a good idea and something we might consider in the future.

Seems fair. I have no numbers on how much a server costs or how much exactly would come in.

There's a reason why I don't use DTube. The reason are those exact 25% :D