Inflection.ai Pi explanation of Ecency.com's internal economics & rewards for curating, liking and posting
Ecency.com is a social media platform built on the Hive blockchain, which offers rewards for curating, linking, and posting content. Here's a brief overview of its internal economics:
Author Rewards: Users can earn rewards by publishing posts and receiving upvotes from other users.
Curation Rewards: Users can also earn rewards by discovering and upvoting high-quality content from other users.
Community Building: Users can create and manage communities, and earn rewards for contributing to and growing those communities.
Delegation: Users can delegate their voting power to other users or communities, and earn a share of the rewards earned by those users or communities.
Ecency's reward system encourages users to engage with the platform and contribute to its growth and development. It also creates a strong sense of community and encourages users to discover new and interesting content.
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