Arriving on Steem one and a half years ago PALnet was one of the first communities I encountered and spend some time in. With radio shows which seemed to be filled with people who chatted like they knew each other for years already... I felt overwhelmed while at the same time feeling grateful there was this place 'off-blockchain' where you could just pop in and ask questions or lurk.
Lurking is still one of my favourite things to do, I'm really bad at 'doing Discord', which means I might have a spree of being active in one server only to disappear after for weeks or worse, months. But however bad I am at Discord PAL is one of the first servers I recommend people when they arrive on Steem and feel lost and need a place to 'land'. Let's be honest, almost everyone knows PAL, Peace Abundance Liberty, or @minnowsupport or one of the many community members that are born in that server... So it really is the best place to start.
And now there's PALnet.io
The impressive and fast-paced development by the 'Steem Engine Team' is incredible: from launching an exchange, to making 'tokens' possible through Scot/Scotbot, through launching the Nitrous tool that makes it possible to launch a Condenser (a copy of steemit.com with separate logo and token and reward mechanics, simply speaking) - it's all going fast, faster fastest - I went on a holiday for 10 weeks and had to see announcements of trading against EOS, the possibilities of staking and mining go by in my feed...
I'm SOON going to read up on all the details of that.
PALnet shows the incredible possibilities of Steem and what always bothered me about seeing Whaleshares and Smoke.io and some of the other Steem clones: if only it was possibly to have tokens layered upon this awesome blockchain these people didn't have to leave...
I always have been a believer of SMT's and it has long been the only thing I told people about Steem when they asked me what Steem was about: 'oh... you can just fill out a form and create your own token and empower your own website and community and the Steem Blockchain will take care of the rest!' - I would say.
And then it kept being delayed and delayed...
And people left. To their own 'forks' - which are copies of Steem but are de-coupled from Steem at the same time.
It hurt, because the fact people kept forking Steem meant they loved the basic properties but felt they wanted/needed to tweak some of it.
And now anyone can.
And it's freaking exciting.
PAL <3
So, PAL is not the first project launched through the magical combination of Scot/Nitrous, but it's the first I am trying out. This is one of the projects I don't see disappearing from Steem any time soon - if we'd have a list of the members and how deeply involved they are with Steem and what they are building... You would agree with me.
So here I am, saying hi on Palnet.io - yes, that means I'm writing this blog on palnet.io, and you can see it on palnet.io/@soyrosa - as well as on steemit.com/@soyrosa or steempeak.com/@soyrosa - as PALnet is a separate but Steem-based website, rewarding us in PAL and using a slightly different reward curve.
A few things that are different on PAL:
- A slight less linear reward curve
- A free downvote a day :-)
- Promotion paid by PAL tokens that then get burned
- faster shrinking inflation
Anyone recognize some of these from some of the discussions we're having lately? :D
I can't wait to see where this goes!
More info:
As I have been reading up today it can't hurt to plug a few articles to do your own research:
- The PALnet whitepaper, including explanation about the ClaimDROP they will do soon, and the reward curve/payouts: Palcoin Launch: A revised whitepaper and token launch by the Minnow Support Project
- Check your VP and Vote Value: Palnet: How to check your voting power and your PAL vote value
- How promotion works and differs from Steem 'promotion': Sensible Promotion: https://www.PALnet.io promotes posts in a reasonable way!
PS: Is someone building Paltiko yet? Or will we be able at some point to choose from which 'layer' we're posting in all these awesome content (d)Apps?
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