9 upvotes, 1 direct replies (showing 1)
View submission: The next phase for Donuts
Governance has turned out to be somewhat interesting, but needs work (better token distribution). I was skeptical, but frankly open to trying it out and defended this experiment *at first.*
What I am against is reducing Donuts to a CURRENCY tradable outside of Reddit. I think it’s unwise with appropriate safeguards which do not exist and will encourage spamming. Monetization was not even on the radar back then.
And now, this seems like it will be the main purpose of Donuts. Is there other functionality that is going to be relevant?
Believe me, given how it evolved, I am embarrassed that I ever supported this experiment in a meaningful way.
Comment by mikey4eth at 22/06/2019 at 03:39 UTC
4 upvotes, 1 direct replies
encourage spamming
Simply wrong. Did you notice an uptick in spam when the bridge was open? That's because no one *wants* to read spam. It's downvoted and no donuts are distributed.
Monetization was not even on the radar back then.
Literally in the comments of the original thread. Eight months ago.
seems like it will be the main purpose of Donuts
What? The plan is to create self-sovereign communities that are independent of a centralized platforms control.