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What Coins Do I Want to Receive for This Post About a Piece of Litter?

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I saw a cheap plastic "winner" award discarded in a gutter near a school. Thinking that it would make a good blog post, I picked it up, drug it home and took its picture.

Before writing my post, I asked: What tokens would I like to receive for my post?

I definitely want to get some #pob. Proof of Brain has a super high interest rate and the name encapsulates what we are hoping to accomplish with HIVE.

I still think #leo is the sexiest of the alt-tokens; So, I definitely want to get some LEO for my post. NOTE TO SELF: I need to write something about crypto, as LeoFinance wants posts to center on cryptocurrency and finance.

I was just researching BLOG token. BLOG gives authors 75% of the rewards. I like the idea of getting higher rewards for my post. So, I will include that in my tags.

I find it amusing that BLOG is the one token that gives 75% to authors.

The original idea of a blog was that blogs would be lower quality flow of conscious writing as opposed to well researched and edited articles. Yes, I realize that some blogs have well researched articles; however, if we were holding to the original concept, flow of conscious blogs would receive the 50/50 rewards and researched articles would receive the 75/25 with the assumption that the former is easier to create than the latter.

That said, I still want #bogtoken tokens. But that is not enough. I still want more.

I just pulled up Hive-Engine to decide what other tokens I would like to receive for this post.

The truth is: I WANT THEM ALL!!!!!

Esta publicación no está en español, pero no me opondría a obtener tokens de SPACO.

Something About Crypto to Qualify for LEO

LeoFinance is an online community that rewards posts about finances. It rewards authors with the LEO token which people can trade on Hive-Engine and some other exchanges that I don't use.

Bam!!!

I nailed it! I said something about crypto; So, I can proudly face the skies, upon my arms wide and let LEO rain down about this post in good conscience.

Did I Really Use My Brain?

Did I really use my brain when I dropped #pob in my tag list? Did I use my brain if I have a template that adds POB to every post I write?

Ehhh, I don't want to waste time thinking about that. I just like the endorphin relief I receive when I get the token.

I Don't Know What ARCHON is.

I don't know what #archon is. I still like getting it. I am sad that the site archonapp.net isn't working. I hope it comes back.

Tag Spam Negatively Affects the Price of HIVE

I would like to start this section with a question. I will define "tag spam" the use of a token keyword in a post with intent to actively engage in the tag's community.

QUESTION: What does a POB tag spammer do after dumping POB on the open market?

ANSWER: The tag spammer will dump the HIVE received for dumping the POB.

Tag spam doesn't just affect the alt-coin. It can adversely affect the community at large.

Something About the Picture

I better say something about the picture; so that it looks like I am writing something relevant.

So, I recently found a cheap plastic award in the gutter near a school. My guess is that a student got the award for something at school and threw it away on the walk home as the something meant nothing to the child.

I think that is enough content for a post.

Token Spam Negatively Affect Communities

I've noticed a sharp drop in posts in some communities. My guess is that people seeking to get token rewards are less likely to post in communities.

Something Insightful

I probably should try saying something insightful; so that the people who read this far won't downvote me and take my beautiful rewards. I know, I could make an observation about the platform!

HIVE empowers people to select their own tags for their posts.

In the first years, people were doing a pretty good job. That meant that HIVE was producing decent trending pages for a large number of topics.

Currently people are selecting tags based on the awards they want to receive. The tags are no longer providing the quality categorization they provided in the past.

I love money and I would like to receive every token.

This actually brings up an interesting question about categorizing posts: Should the author of the post be the one who categorizes the post?

I know that, in the publishing world, some publishers will not let the author create the index to the work. The basic idea is that the author, who is driven by self-interest, will create a lower quality index than an objective editor.

Wikipedia, for example, will reject posts from people closely related to an entity. Wikipedia assumes that self interest will cloud the article.

The Curators Will Save US

If we followed the practice of the publishing world, the curators--and not the authors--would chose the tags.

So, my first reaction to the problem of tag-spam was hope that the curators would save us.

My understanding is that scotbot not only gives curation rewards to the authors based on the tags. Scotbot bases the rewards for the curators on the tags.

Now, if I were seeking to maximize my curation rewards, I would actively seek out the accounts that used the coins that I am collecting. I would actually favor posts that used multiple coins as I would receive multiple rewards for the curation.

We cannot expect curators to solve the problem. Curators might actually make the problem worse if curators started upvoting based on the tags used rather than the content of the post.

NOTE: I happen to be a foolish idealist. I take the tags seriously. I rarely put more than one tag related token on a post.

My idealism could be costing me curation rewards. If you had a choice of curating a post that just had a POB tag or curating a post with POB and LEO; would you chose the latter to get the higher reward?

My Inner Developer Speaks.

I am cursed with a brain that seeks solutions to problems.

I see tag spam as a growing problem on HIVE. It reduces of the quality of trending pages. It negatively affects the rewards structure and it negatively affects the price of both the tokens and HIVE because the spammers are usually the first to dump their earnings.

Curators get more rewards when upvoting posts with multiple tokens; so we cannot depend on manual curation.

It seems to me that the best method to reduce token spam would be for scotbot to limit the number of token rewards for a post. Perhaps the bot should only give rewards to the first of second token on the list.

I don't know how scotbot works. It might already be doing something like this. I looked for the open source code for the bot, but didn't find it.

Most posts are relevant to one token at best. But there are a few posts that legitimately touch on the cossover between two topics. My inclination is to say that posts should only receive one alt reward, but probably would be better if there were two.

Now for the Flip Side

The introduction of alt-coins means that both authors and curators need to take the effects of tags into account when interfacing with HIVE.

A flipside of this argument is that authors who still carefully select keywords based on the content of their creations will receive substantially lower rewards.

A well written post that doesn't have the right keywords won't give any alt-rewards to the curator. If you had a choice between upvoting a well-written post with no alt-rewards to one that spammed your favorite coins, would you upvote the post with the coin-based rewards?

Anyway, The flip side of the award I found in the gutter is a gold star.

Posted Using LeoFinance Beta