From you and @symbionts I expect a BLURT return to @null. You know what I'm talking about. In real life I stay away from dishonest people, here it is a little different. So I will answer you, I will also answer others @khrom, @nalexandre
50%, in fact, it's probably 60% of the reward pool + witness earnings should cover all expenses and pay the entire army of developers.
60% developers - 40% investors. Is this a good business model? I would say yes, devs should not complain.
So where is the problem? Why are all of you unhappy?
Fake stake is the problem, if megadrive doesn't want to burn it then he should delegate it to developers, to curation groups and to regional communities (different languages).
If he did that then no promotional initiatives would be needed, because people would come on their own, as one would invite the other. There is power in people
Unfortunately, it seems to me that megadrive is under the influence of rycharde, who transfers huge amounts of BLURT to exchanges
https://ecosynthesizer.com/blurt/@mapac and thinks he should receive 100K BLURT a month for doing that, to the end of his life.
If you guys have access to witnesses chat then it would be worth for you to discuss what I am talking about with megadrive.
The truth about BLURT is that we have no investors because who would want to invest in such a blockchain, where 60% of the newly produced coins are claimed by one guy?
I don't want to anymore. Yesterday I withdrew funds from swap pools. I hope this won't significantly affect the price of BLURT, but if no one buys what rycharde is selling then the worst case scenario may happen
In short, I see only two possibilities that can save Blurt from collapse:
- burning fake stake and funding everything through proposal system
- delegating the fake stake to developers, curation groups and regional leaders
Edit. also to apps like dtube, actifit, blurtlatam etc....
Edit2.
Correction: I made a mistake in calculation: assuming that we produce 2.8M BLURT per month and the blurtbooster earns 900/2 K per month, the percentage of new coins that go to megadrive is much smaller, this does not change the fact that it should be 0%. Fake stake should not be multiplied
Thank you for your response. I hope you find the answer to your problems.
It's beyond my capability to address them.
you see @world-travel-pro? this is exactly what i'm talking about on witness chat recently. But i didn't realize that there is so bad. 50 -60% ? Now you know what destroying blurt? It's not any "Fud" or lucylin or whoever you want to blame. Its Blurt booster socialgraph rycharde and fake stake. Its good to have some secure assets on your own wallet, but that what megadrive does, it's cheating and stealing investors money and lowering the price by his greediness.
wonder why he's not on blurt or witness chat now or doing anything lately. Is this how a person who has nothing to hide and feels just "burnt" socially behaves or what else you can't come up with.
If I had big plans for my project and wanted its good, I would try to manage the situation somehow and not disappear without a word.