Price diving, and developpers reaping the rewards
Yesterday, I read something in a post by @onealfa.appics, that I was curious about for a while now. I have written multiple posts about it, and did not receive any clarification by the Appics team. The distribution of APX. This spreadsheet shows the distribution of newly created APX of that particular day. It was last week. You see that 493 accounts received some APX through posting or curation. But the important part here is the accounts of
@soldier,
@sirwinchester are receiving big rewards daily by their posting. They are on the Appics team, and maybe some the other accounts on this top 20 list are also members of the team. I haven't had the chance to verify that.
Now, it is not that @sirwinchester and
@soldier can't have rewards for their posts. But, the amount is quite substantial. And since there has not been any transparency around the distribution of APX, whatsoever, this brings up questions. Especially when you see the price of APX tanking the last few weeks.
The only thing I ask, is transparency, how much APX does a vote of f.i. 10000 APX exactly generate, and how much curation. Who is powering down, who gets the most distribution, what is the max cap, but we know nothing about that. And when the development team is reaping in big rewards, that raises suspicion, especially in a cryptocurrency world that has been hit by ponzi schemes, frauds, etc... by the thousands. So please, clarify things for us.
Thank you,
Pele23