STEEMINT Briefs 007 - "A Good Blockchain NEEDS its Token Holders" by steemint

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steemit · @steemint · Sep 17 '17 (edited)

$5.74

STEEMINT Briefs 007 - "A Good Blockchain NEEDS its Token Holders"

https://steemitimages.com/0x0/https://i.imgur.com/FfV1FDK.jpg
## From Fintech Week in London Sept 13th, 2017 

Tokens can not be a solely a means by which blockchain-related companies gain the funds which they will use to go forward and do whatever the hell they want!  Many recent ICOs which have gained a lot of attention .. run by well-educated, well-spoken people wanting to do things that are potentially very profitable ... but for whom!?  How do token holders EARN?  Why have tokens at all!?  If you feel the need to ask that question, you need to turn and run away as fast as possible.

This video is an eye-opener - something that should have been obvious to me, and to us all, but the way that it was presented here, really made it clear .. governance matters and requires means by which that to occur,  without a governance model 'in the fundamental design' of a system, you can never have true decentralization.   Cost is also a major design issue, where people should not have to pay to use a system, they should reap benefit from doing so, otherwise .. why should the system exist?  Who are you making rich?  If it is not the participants, it is again .. not a truly decentralized system.

<center><iframe width="560" height="315" src="https://www.youtube.com/embed/ClJSLwoBtCc?start=6" frameborder="0" allowfullscreen></iframe></center>

# EOS (& STEEM!
##  ... among a very few on that battlefield ..

<center>https://i.imgur.com/DcpzhmI.jpg</center>

👍 booster, humanearl, kurtbeil, randowhale, randowhalebonus, crowdfundedwhale, zentat, steemint, the50, shahzadnisar, proglobyte, steemfeed, steemprentice, gohba.handcrafts, steembriefing, proglobyte-m1, elumni, tingaling, free2play, steemitawards, steemlancer, texas-steemem, cheftony, neoint, eosint, drotto, wuhotan, mmagreat, nrg, steemawards, randowhaletrail, huasipi, martie7, thesteemitawards, thesteemawards, jgr33nwood, emirzafirdaus, banjo, primetimesports
👎 jupitor21, cyberdroid, magasintop1

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nrg	755,956,134	1.11%
randowhale	229,065,455,402	1.5%
booster	682,735,613,711	2.47%
drotto	1,531,555,209	0.13%
mmagreat	889,814,990	50%
randowhalebonus	125,450,425,832	5%
randowhaletrail	644,053,218	0.5%
eosint	2,098,765,102	100%
jgr33nwood	367,671,842	50%
wuhotan	1,473,089,906	10%
neoint	2,531,919,242	100%
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@booster · Sep 17 '17

<p>This post has received a 2.48 % upvote from @booster thanks to: @kurtbeil.</p>

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@drotto · Sep 17 '17

<p>This post has received a 0.13 % upvote from @drotto thanks to: @banjo.</p>

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@dtubix · Feb 24 '18

Interesting 

 I will follow you to see your future posts!

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@steemitboard · Nov 25 '17

Congratulations @steemint! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@steemint) Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
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If you no longer want to receive notifications, reply to this comment with the word `STOP`

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@steemitboard · Sep 2 '18

Congratulations @steemint! You have received a personal award!

[![](https://steemitimages.com/70x70/http://steemitboard.com/@steemint/birthday2.png)](http://steemitboard.com/@steemint)  2 Years on Steemit
<sub>_Click on the badge to view your Board of Honor._</sub>


> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!

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@steemitboard · Sep 3 '19

Congratulations @steemint! You received a personal award!

<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@steemint/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@steemint) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=steemint)_</sub>


###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!

properties (22)