Another rant on Appics, the blockchain getting milked by a few!
Big selfvotes for a few, crumbs for the rest
Ok, I promise, this is my last post for a while about Appics. But I have to do it. As I like the prospect of what Appics attempts to be, I have serious questions about what is happening right now. And I will probably get another not so happy reply by the @appics account but I don’t care. Something needs to be done about their rewards distribution, and soon.
Right now the distribution is like this:
- 65 % of the reward goes to the account that posts
- 25 % is rewarded to the curators
- 10 % goes to Appics
It is questionable why Appics needs 10 % of every post, bu that’s not my biggest concern. The fact that 65 % goes to the poster, and only 25 % to curation is a huge incentive for self voting and shitposting. I have no real problem with shitposts, I just don’t upvote them. But 50 % curation is just a must to get honest distribution in my opinion.
Look at these posts by @steferretto and @manferretto. In a matter of minutes these posts were self voted and had 60 EUR in rewards. No matter what the content is. These accounts are probably from the same person and are milking the blockchain dry. It reminds me
of the @haejin posts reaping in huge rewards on Steem.
This is not sustainable in the long run and will only make the big accounts huge, and the small ones tiny…
@appics is this the purpose of the app? Honest distribution will make the blockchain a lot more attractive to new users.
Sincerely,
Pele23
They're a total joke. It could have been such a great App, community and done really well but their greed, delays and general BS is the sure sign of crew simply out to line their own pockets as its always been with them.
The other thing is that for me at least, that blockchain is so slow!
I can't download the app? You look at the appics and look at the backyard of the hive. These same people also get hundreds of dollars by voting for themselves.
Mmm, it happens here too, I know, but at least the curation rewards are correcter…
This is a great community but they actions are running on a low scale and they are slow for now so I guess there is need for speed. Great post as well boss
Oh fantastic. I am not alone... I didn't know you used it too... I wrote an article some days ago about it and got only personal attacked without facts from a tlos member and a investor/ senior ambassador ... Lmao... Now believers starting to make here on hive promotion posts about that app.... Too funny... Hope for all that they don't loose their money. Rise and shine. Great user feedback I have to say.