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I think I stated some weeks back how unsustainable having a central reward system is. Stinc just took their delegations from some projects and they cannot operate on the scale they once did. So now, what is the way forward?
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4 ANSWERS

Be self sustaining as a community. We were conditioned to be rewarded by those delegations which have marked impact on our wallets for a long time. It's difficult to see that there is another way to do survive in the bear market without them. But it's not the end. The upvotes are nice but it's still the community that gives value to the blockchain. If we are going to be self sustaining, it's going to be a community effort. On the bright side, less incentive to spam here, we can be tight knit, and people sticking in the platform are the real people that still care about it when it's at its lowest. 

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2 Comments

Power down and exchange all your liquid Steem and SBD to Bitcoin

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I think the way forward is that everyone who believes in a project should delegate their steempowers to the project.....many users might have little steempowers but when they all come together to delegate them it will become huge...

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The best we could do at the moment is continue using the Musing platform and hope that Steemit Inc will return the delegation back just like what they did on Utopian-io months ago (Steemit Inc returned their delegation after a week after the Steemit Inc and Utopian team talked things out). 

I love Musing but I think we can all agree that compared to other Steem platforms/DApps, the Musing team ain't that active on posting some updates as to the developments or what nots of the platform on Steem making Musing somewhat out-of-reach from the general Steem community. (Although in Musing's defense I also don't know what they can post but a little post that says they are still active and up would have been nice XD)

SndBox is posting daily blog posts but it's reach are only to a few people. A part of me thinks that Steemit Inc might have thought that the delegation for Musing, SndBox and DSound wasn't that properly utilized since only a few people are being reached by this platforms compared to DTube, SteemPress and SteemHunt. (That or they are really trying to exit Steem with all the power-downs happening XD)

With the current disappointing price of Steem, Musing's options to move forward is very limited considering that they don't take any beneficiary rewards. Musing needs another angel that is willing to delegate a huge SP with no strings attached in order to keep the platform afloat and it's users to still be motivated to stay.

I am one of those who were here before the 1 million SP delegation from Steemit Inc but it is worth to note that the price of Steem back then was above $1. The vote wasn't much compared to after 1 million SP but people (and I myself) was still motivated since I am getting around $0.2-$0.6 from some of my answers back then even with less than 500kSP.  That kinda worked for me because Steem was above $1.

With Steem at $0.25 and assuming that around half of the genuine Musing users would stay, I really foresee that it's much harder to scale the votes and with people earning only $0.01-$0.1, I can't really blame them for leaving. 

So in conclusion, I think one way to move forward is to find a new angel that would delegate a huge SP with no strings attached. As much as I believe that some Musers will delegate to Musing to help the platform, I don't really see this happening and quite frankly most of us are only planktons/minnows so that also won't help that much. XD

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