Let's say that your statistics are right, that only 0.1% of the totality of the members would be the only ones who would rank up while the rest would remain with their ranks, so what? Why is ranking up so important? Is it because of the big pay? Ranking up should be the least of anyone's concern if their intention in this forum is genuine and that is to learn, educate, and help one another when it comes to dealing with cryptocurrency. If one does not receive merit even though they are doing a great job in being constructive, then they should not feel bad about it because, at the end of the day, merit is just a recognition. What matters is you're being a responsible member of this forum. The merit should just be a bonus, other than that one should remember that posting something interesting or informative is a duty, spamming is not.
+2 merits added! This is so far the best reply I got.
But the problem is everybody wants to rank up over time whether for the big pay or the title and the merit system is just on the way
Keep it on @SuperJeyy
People wanting to rank up is not the problem, in my opinion.
Let's get a few things out of the way a priori:
1) Almost all of the users signing up here are in it for the bounty money, and not to learn more about crypto. There are far better resources for that on the internet.
2) Higher ranking members get paid more than lower ranking members.
3) Handing out (and receiving) merits is not an objective process, even if you write brilliant stuff in your every comment; if no one stumbles on it, or if people don't feel like giving merit, you will not get any.
As such, you can see why people are getting frustrated. If people write good content and do not receive any merit, it's like working your ass of at your job and not getting promoted. So what would the result of that be? You either quit (= a lower amount of quality content) or realize that the hard work you put in is not being recognized so you start not caring at all, because whatever you do, the amount of recognition you get and money you get paid remains the same (= filler comment after filler comment, which again leads to a lower amount of quality content overall).
Starting from the beginning, I have repeatedly said that the incentive system is not going to take off unless it is integrated into the user's experience on this forum. Currently, why should anyone give anyone merit? If you're giving merit, you are doing it out of goodwill, because you are a good person. But otherwise, the forum doesn't award you for handing out merits in any way.
People often make comparisons to reddit, which also employs a merit-like system in upvotes and downvotes. But upvoting a post on reddit means that I'm likelier to see that post at the top of the thread, which results in an improved reddit experience for all users; so users have an incentive to hand out merit, because it is beneficial for them as well. But we have nothing like that here.
To summarize my points:
1) People are here for money. Let's not kid ourselves, talking about knowledge, friendship, cotton candy and rainbows.
2) If people write good content and feel like they are not being rewarded for it, they will eventually stop producing quality content.
3) Unless the merit system becomes an integral part of the user's experience on this forum, it is not going to take off.
Sorry for the wall of text, and thanks to anyone who read this far. Cheers.