Proof-of-Brain's irrelevant distribution/halving design
POB took after Bitcoin when it chose to halven its token distribution every four years. Quite the tribute, but it doesn't adapt to today's reality. BTC's plan was letting people know about cryptocurrency over time, allowing exponential profit after every few years. Its price started a lot lower - less than a cent. POB is sitting at a much higher value right now, because circumstances are wildly different. It makes no sense to try imitating its ancestor.
Planning for the present
Both potential stakeholders and regular users need something a lot more dynamic nowadays. That means competitive monetization deadlines. We are going to see the first halvening in... Three and a half years?? POB's scaling is terrible. Fortunately, this algorithm can be changed, so I propose the following updates, where numbers can be tweaked to everyone's liking:
- First halvening when POB completes 8 months
- Second halvening when POB completes 1 year
- Third halvening when POB completes 2 years
- Halvening going forward happens every 1 year
Understand this change's purposes
The distribution period becomes meaningful. Instead of four long years of equality, there is an urgency to become an early adopter. Because that's what distributions are meant for: attracting investors. Right now, everyone gets so many tokens from curation, the token has nowhere to go but down. It's not an early adoption phase, it's a weird fiesta.
Before the first halvening, a race ensues. Because it's just about to happen. POB sees a lot more attention suddenly. FOMO. Then halvening happens. Leading up to the second halvening, on POB's birthday, we'll see people making an effort creating high quality content. That's going to be their last "early bird" opportunity. Authors get the spotlight.
Everything else comes naturally after the project's direction flows inherent to its ideas. The only problem POB is really facing (I don't ever count drama as one of them) has been the uncertainty behind prices and what's driving everyone's interest. Look at public projects as a tour bus. People get on board when they like where it's going.