Don't fool yourself this project will not effect you or the rewards you will get. This report only proves that this is a minority problem.
50,000 steem are added to the reward pool every day, and in a week we are only talking about the top 20 taking $1600 which amounts to 0.4% of the rewards pool going to the top 20 self comment upvoters. Even if this project is successful, it is my belief, that the holders will dump their steem power in favor of other staking/dividend coins. This will ultimately yield a huge supply into the market which will lower the price for everyone. I think it is better to do as the whitepaper has used as an example, we need more crabs in the bucket rather then have crabs escape the bucket. Too much policing of the network has a deleterious effect on user retention of the whales, who take up much of the supply of the available coins for staking.
I doubt the project creators will like this comment, but I think it is important to understand the counter points to any argument in coming to a good decision.
RE: #project-smackdown week 1 report