There are review processes in place now for Devtome content, authors that get poor ratings from reviewers get paid less, good reviews leads to higher pay.
So that is starting to come into place. First there had to actually be authors and content, then once we had authors the option was added whereby they can review other authors. Before we actually had any authors there would not have been much point in trying to recruit reviewers, and the author population has been useful as a source not only of reviewers but also of administrators.
Bear in mind also that DeVCoin is deliberately intended from its initial design to be worth a lot less per coin than Bitcoin.
Back when DeVCoin was created a lot of people were arguing that Bitcoin should move its decimal point; DeVCoin thus deliberately started out with its decimal point already moved so as to hopefully avoind running into those same arguments.
-MarkM-
ok, thanks for your explanations.
It makes sense, and as I said I hope for a bright future with open solutions that will create more trust and competition (competition is good for everbody, but ofcourse bad for the losers who don't want to innovate but would rather sit on their old stuff)
Innovation is not going to happen without competition.
This will also bring price stability, as the 2.3 billion coins that are given to devs every year are still in the region of 50% of the complete money supply.
So when those devs dump their coins all the time it drives the price down. What we have seen thus far.
In a year or two the yearly payment of the devs will be a smaller part compared to the total money supply. First 20% then 10% and so on.
So that the devs who dump their devcoins immediately will not be able to drive the price down that much anymore.
And more competition for the shares will make the value of a devcoin rise in perception more, and not make everyone want to dump the earned devcoins like a hot potato.
