Coercing people into doing anything is never a good idea, even if the intentions are good. We already solved this when the fee requiring people to vote constantly was removed (dunno if that 'functionality' was ever on)
Given how much BitShares gets screwed by centralized exchanges, I think its time to do a bit of coercion. If BitShares was a company run by Trump, he would be thinking of things like this.
The original BTSX whitepaper was very good. It had a 5% annual penalty fee if you didn't access your account.
While not universally popular, BTSX achieved a $100 million valuation with market knowledge that the annual 5% penalty could be applied.
- It gave people an incentive to access their account and vote once a year. (To avoid the penalty fee)
- I'm not sure how many BTS are still unclaimed but the 5% penalty fee probably could have made another 5-20 million BTSX available in July this year at a higher market cap, that would have been hundreds of thousands of dollars that could have been used for development.
At this stage though when we already have dilution any further penalties is a big no.
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What could work though once BTS becomes profitable is finding ways to incentivise keeping your BTS off centralized exchanges.
NuShares for example pays dividends and has 2% annual minting rewards, this keeps the majority of NuShares off the centralized exchanges.