I recently saw a post with the stats of Hive users who are have earned the most Hive and HBD commenting on posts that have set comment Rewarder as beneficiaries and it was actually very good to see.
I noticed some familiar names on the post, which inspired me to use CR today to further reward the comments of those who interact with my posts.
So, based on what I have gathered, anyone can choose to share 3% of their potential reward with their commentor, but they must upvote the comments to which they wish to give the reward. I believe this helps to reduce the number of automated comments receiving some of the rewards that original comments should receive.
Engagement Has To Be Rewarded
This allows people who do not have much hive power to actively reward or appreciate comments on their posts. Many users want to reward people who engage with their posts, and they can do so through the potential rewards available.
3% is a small amount that will not kill the author, and I believe it is one of the most important motivators for engagement.
So, one interesting thing is that it may encourage people to comment mostly on posts that designate comment rewarders as beneficiaries, but on second thought, most engagement is done for the purpose of connection anyway.
Whatever purpose people choose to engage, I think they deserve to be rewarded no matter how little it is.
Content consumption is just as important as content creation; without the former, the latter has no value.
50% of the time, the value of content is determined by the feedback it receives. If there were no viewers or consumers on platforms such as YouTube and Facebook, perhaps they would consider returning some of the money made from content creation to those who are the true consumers and make the money.
Unfortunately, this is not the case. So, having CR on Hive is not only innovative, but it also rewards consumers.
Imagine if a frontend like PeakD automatically returns 1% of author rewards to their creators; I think it is reasonable.
It may not matter much to consumers, but a user who consistently engages may earn 1 to 2 Hive per week by consuming and engaging with their favorite posts. However, this could be abused because the "nice post" population will use it to do engagement farming.
So I think CR is ideal because people can choose how they want to reward their customers at their own discretion.
So, it is an incredible idea, and I am seeing users taking advantage of this to further incentivize their customers.
Protect Your Voting Power
Another advantage of CR is that it can assist users in actually protecting their voting power. Some of my posts receive more than 10 to 15 comments, accounting for an average of 9% of my voting power. If I multiply 12 comments by 9% voting power, I am using 100.8% of my voting power each day, which reduces my voting weight by about 3%.
Now there are some comments that form a thread and a continuous conversation; I have not included the additional votes that go to comments as well.
However, I might have overestimated the amount of voting power required to vote on comments. My point here is that one may not need to save that extra voting power in their comment section when they can use CR to distribute a portion of their potential author's reward.
In Conclusion
So, in the future, I will be using CR on a few of my posts, and it will be interesting to see how the experiment goes. It is simple; add CR as a beneficiary to your author's reward and up to 3%
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