What is it? Check out the video to find out!
Find out all about the new changes here:
https://steemit.com/dtube/@dtube/curation-and-economic-update
Also follow me on here:
https://d.tube/#!/c/reseller
Here is my favorite part about the update!
Redistributing DTube Beneficiary Rewards
One of the most prominent concern of our users has been our '25% fees'. Technically speaking, at the current market value of SBD, our fees were about:
25 / (50+50*3.83) ~= 11%
These fees covered our costs for storage servers, encoding servers, paid a moderate income to our staff, paid for the AskSteem API, and we still have 80000 STEEM on our account to pay for bigger things in the future. Luckily, we will still earn curation rewards and will be able to keep afloat financially without having to compromise our future tokens fair distribution.
Instead of simply stopping to collect these beneficiary rewards like most other apps, we have decided to fully redistribute it to curators instead. This happens through the account that was created and started operating recently.
The way it works is simple, it looks at the beneficiary rewards collected by for a video, then distributes it back amongst all the voters, proportionally to the strength of their votes (rshares). The only exception to this rule, is when the voter is a public vote-selling bot, in which case the associated reward with the vote will be sent to the author instead of the bot.
We thought a lot about these changes, and we strongly believe that curators should be rewarded more than what they are currently rewarded. We are therefore using our beneficiary rewards to create this unique experiment on a large scale. This will give us precious insights for the future of DTube, where we want to create a balanced and self-sustaining economy.
▶️ DTube
▶️ IPFS