RE: Sports Talk Social: The Community's Future

Thank you for your insights @flaxz! We'd love to find ways to integrate more with the ALIVE tribe in the future.

The only way to do this at all is to cut rewards in half, and then add rewards outside of proof of brain SMT by running a rewards system on the side that issues additional tokens and pays them out

You have an interesting concept for a way to integrate cut rewards. I don't see us integrating that model due to no decentralized distribution method but it does create a possible path to achieving the end goal. If we did go a path like that I'd prefer we cut the rewards from content creation and applied those to the token fund. That way the operator of the incentivized site rewards could request the original rewards from the token fund in a proposal that stakeholders could vote on. This way if they showed any signs of impropriety stakeholders could remove their token proposal from funding.

Multisig? If not, then absolutely not.

We completely agree on the importance of multisig. In our last successful token governance the tribe elected that I create a multisig with members of my selection taking part. I've yet to implement that but the plan is still in place unless the community votes an alternative like this team structure.

Good tokenomics comes from stakeholders getting value by staking their tokens

We completely agree. It's proposals like these that help build value for SPORTS. Outside of content rewards staked SPORTS also allow for governance voting rights. As this governance disagreement has started we can already see the value of SPORTS going up perceivably as stakeholders begin acquiring stake to increase their vote.

Create a team of curators instead, have them do a daily post, and add a daily contest to it.

This is kind of what we've been up to with @sportstalksocial. We vote daily on the top voted sports content and issue curation reports written by @cryptoandcoffee. Adding contests is something we need to look at.

Use those funds to create the backbone for a sustainable income for the tribe to pay out daily staking rewards to SPORTS stakeholders instead, it adds value to staking the token, and create a weekly staking contest too, and perhaps a weekly burning contest as well, ALIVE has both of those contests.

These are great ideas!

It does, but make sure you know how to earn those tokens rather than buying them

I think this is a great concept as well. We have partnered with ARCHON's tribe to handle a governance system that controls the @sports-gov account's assets. Building on those would be a great way to add continuous value.

At this point though we've not had good ideas on increasing those tokens stakes. I think the best play would be to liquidize those alternative assets to do more regular sports buy back / burns. If we had a better system proposed then maybe that would be a better play but as it has stood for over a year those funds just sit unused in @sports-gov.

Thank you for the great ideas on staking rewards and potential contests. Those are something we could definitely look at adding in. We'd love more suggestions on the concept of building token accounts though and think that could still give value to the ARCHON system beyond just governance if a plan was in place.

@flaxz thanks for you comments

Some of them are what I was thinking that it could/should be implemented and it would/will be discussed with the discussion group that had mentioned they would be implemented.

However, even before we had the DAO implemented, I never saw the owner of the community with the initiative to do something and always be in a position waiting for others to think of suggestions or improvements for him, I don't feel good about myself doing the work all for him.

When a person decides to create a community, he must think about the future of it, from how to keep people interested, how will it captivate more people, etc.

Another issue is that this DAO model that is currently implemented does not seem to be at all beneficial since only one person knows how to use it and no one else has tried to use it.

But from what I've understood these past two years, maybe I'm wrong, after all I was the only one to raise questions about community management, it seems that the current state of it is satisfactory for most holders.