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This post is written by a guest author. The views and opinions expressed in this article are those of the author and do not necessarily reflect the views or opinions of the DUO team. The DUO team check the guest author posts with ai and plagiarism detection tools
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Firstly, I would like to express my gratitude to the DUO team for providing writers with an opportunity to write through their guest author program. As a guest author myself, I am aware of how much value this platform offers to writers.
For those who may not know, DUO is a token of the Hive Onboarding Committee (HOC) and they run a daily publication with articles from guest authors. Guest authors currently receive 50% of the HIVE rewards their articles collect, along with 5 DUO tokens which get staked to their account.
A few days back, I was informed about an issue that the team is facing. The scheme of 5 staked DUO tokens per post is not viable which I believe is due to the fact that most guest posts don't receive enough HIVE upvotes to offset the cost of buying DUO for author rewards. As someone who has worked with publishing companies in the past, I'd like to suggest something that might l work.
Suppose we transitioned to a contract-based model for regular guest authors. Here's how it might be structured:
Rather than transferring DUO tokens per entry, writers would sign up for contracts with the following terms:
A specified contract duration (monthly, bimonthly, 6 months, or even a year)
A fixed number of posts to submit within this time
A set amount of DUO rewards paid upon contract expiration
The 50/50 HIVE rewards split on upvotes would remain the same, since the system favors everyone.
The approach would have some advantages:
Authors would have higher expectations and work.
The project could manage its DUO token supply more effectively.
The degree of commitment should be greater since authors would want to fulfill their contracts.
The quality of content can be enhanced since it would be more professional with respect to structure.
Authors who are successful in their contracts may be offered the option to renew, hence getting a regular team of reliable writers.
This could possibly create a more wholesome and professional writing community within the DUO network.
I believe that this proposal could strike a balance in addressing the issues with sustainability while maintaining the collaborative approach that sets DUO apart. It is merely a suggestion on the part of a community member to look forward to this project continuing in its way.
What is your opinion on this idea? I’m sure the DUO team will have much to share and I’m confident that others in the community will want to communicate their thoughts too.
Working together and collaboration will make this project effective and beneficial to everyone involved.
Thanks for reading.
DUO Guessing game
Yesterdays winning number 2
No winners so we moving up the prize
Current prize 0.4 DUO
Range 11-22
Leave your guess in the comment on this post good luck!
Most meaningful comment goes to enjoy your 0.2 DUO !
The most meaningful comment on this post gets 0.2 DUO
You can trade DUO with the links bellow
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO
Link to the DUO white paper here
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