As an investor , a member of Steemitabuse-classic and as an active curator, I have personally encountered multiple issues aswell as talked with many members that share the same concerns about undervalued authors and whalebot followed authors that seem to trend daily.
What Is The RobinHood Whale ?
The RobinHood whale is a community backed account that upvotes 10-20 quality posts of different authors daily with a 10 day grace period between same author upvoting. No single author can be upvoted more than once during the 10 day period, leaving room for other great authors that have had less exposure.
Who Will Choose The Authors/Posts ?
A private chat will be setup with a consensus of 51% or more (for a RobinHood upvote) with a minimum of 5 curators and a maximum of 11. All curators need to be well versed in detecting plagiarism for both image and text. They should be active daily and each have their own unique ways of digging through posts and finding hidden gems. They should be well known members of the community both active in steemit.chat and Steem.
How Can I Take Part?
All you have to do is power up the whale account. We will be giving out more details about the specific account for funding at a later date. For now you can follow the RHW here @robinhoodwhale
What's In It For Me?
Curation rewards will be gathered from upvoting author posts, these will be dispersed weekly from a power down and your % share will be allocated accordingly. There will be weekly accounting reports for transparency.
Who Will Control The Keys?
The active keys will be controlled by two members incase of health issues or long term leave by one member.
The curators will keep them in check in case of misbehaving or 3rd party risk (theft). Exchanges will be notified to lock any malicious transfers from said account or routed through other accounts.
The voting keys will be controlled by 6 curators , 2 for each 8hr shift so the Robinhood whale works 24/7.
If any of the voting key curators misbehaves they will both (same shift) be excluded from using the keys.
Pros of the RobinHood Whale
Many featured authors — 100-200 new authors featured per 10 day cycle
Proof of concept — shows newbies that the system works
Distribution of wealth — a whale vote will help spread the wealth easily
Retains good authors — retaining good authors who are otherwise not getting a vote
Curation rewards SP — additional income for investors
Create buy pressure - more supply locked in Vests
What do YOU think ?
Any Questions/Suggestions ?
All SD proceeds will be donated to the Robin Hood Whale Initiave