Not in all cases. I was a part of a group there called familyprotection that was ran by a woman, canadian-cocanut. She received a large delegation by one of the original petitioners for delegations in my understanding, Jamesc. As well as FTG to a lesser extent, who was one of the original miners I believe.
The delegations she has received from him and others allowed for many great things. To bring awareness to the governments kidnap and child abuse systems, and perhaps more important to myself was the actual help to families who are the target of this abuse. During my time of involvement with this program, I watched several struggling families aided with groceries for their kids, help with utility bills and much more. Much of which was made possible because of good hearted delegators.
So it wasn't always flowing upward. Not all of us who receive delegations use them in selfish ways.
But, even if we did, that should be between the person who owned the stake and the person receiving it for whatever reason they were given it.
Right, so back to the future. The way to support projects is to create a project account, fund it and give the manager the posting key while the funder retains ownership.
Property and functions are different and separate.
The other way is to create tokens and sell them - with or without incentives.
Need more flow of money, else this can become stagnant and routine.... could easily become Steem.
That would be above my level of knowledge, lol. I feel no shame though as I believe that would be the common experience in relation to this. I still don't understand the logistics even, using the Blurtyield as an example. What I (think) I see is folks sending in Blurt and it is being used to purchase hive? Yet some of it seems to go into the Blurtyield account too?
Overall I don't understand how that is bringing in outside money as it seems to me it places more Blurt into trading circulation to accumulate a separate currency (Hive). While I don't wish harm on Hive as so many coming over seem to, I also don't wish to support their project and token which is part of why I liquidated all my HE tokens quickly to power up here.
I'm sure I revealed a lot of ignorance in my above questions, but i just don't see how accumulating Hive tokens from Blurt tokens brings in more money.
Based on that structure, the only difference I can see from that side of the equation is the person being delegated to is receiving the curation rewards. Would it then be fair to say it's that aspect of the equation you dislike?
For an example I'll use myself as Jacob has given me a large delegation. Do you find it repugnant that he gave me this ability to curate and receive the rewards from that?
As far as running a second account, I spend to much time on one account, lol. I honestly don't know how you keep up with it.
Yes, the jamec delegation was fantastic. I didn't realise he also delegated to CC. I know the Tribe Steem Up/Abundance Tribe was awesome - people thought that was circle jerking but I know for a fact there was a lot of vetting there, eg if you posted memes, like someone did, and it was brought to the tribes attention, you'd lose the upvotes. So many good content creators stayed around too because of that. And I've watched struggling Venuzuelans - people from all walks of life - have their lives transformed by some kind and well placed delegations.
I never interacted with him personally, but his benevolent nature has allowed for so much good to be done. I was humbled greatly watching the use the Family Protection group put it to. I was honored to be a part of that structure and be offered a way that despite my financial hardship was able to contribute in making real peoples lives better and be able to see it.
During my time with them, I was able to generate enough rewards to donate
158.404 Steem
141.862 SBD
I also won several raffles article61 was having for silver coins, and had two of them shipped to struggling families, and the third to one of the quietest yet supporting member behind the scenes of Family Protection.
The ability to set up this structure was aided immensely by the kind heart of jamesc, and while I don't know him I'll always think of his blessing in funding such an initiative that Canadian Coconut and Markwhittam were passionate about.
That entire structure sold me on the fundamentals of this economic system. In most walks one like myself is impotent to help another except with my back. I'll always be grateful to have been given the environment thanks to his kindness and their vision to help in a financial way.
Heartwarming stories like this was exactly why I stuck around!