Boost can't be abused. The winners are those who correctly value their ideas. People with money who overvalue their ideas just lose the money.
Post by twetch#2584
Of course it will be abused. Marketing firms will have a process for vetting songs. Of those, they'll know what % statistically will succeed. And they'll know to the dollar how much to Boost. Individuals, as a rule, won't have enough to $$ to compete.
What the chain says
- Block
- 633 353
- Time
- 2020-05-04T02:21:40Z
- Signer
- 17mNxa3wLR3UpkxzBHkTQ1ynn6boQ3zGjY
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#2584
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
17mNxa3wLR3UpkxzBHkTQ1ynn6boQ3zGjY VerifiedReplies (3)
That's not abuse. That's how to use it correctly.
The whole point of this is that you have to correctly value your own ideas before you buy Boost. People who don't know how to do that lose out.
No offense, but your Boost upvote system is status quo pay to play.
Something innovative would be a multi-level marketing fee structure with the content creator at the top instead of a parasitic multi-national marketing firm.