It does address the gap, but only when there are many, many more users. Currently there are maybe 20K users (we don't know the exact number). With a million users the voting power in the hands of the wider community will be 50x larger, and the voting power in the hands of the whales will be more or less what it is now, or perhaps less since most whales are slowly selling off.

This is a beta site not only in terms of the software still being early but also in terms of the user base being very small relative to what is really needed for social media to work well. It has only been a month since July 4 when the payouts started and usage started to grow even to its current, relatively small level. Give it time.