1300 USD (~8000 STEEM) + RESTEEM BONUS (1 STEEM) - CateredContent.com ~ ProximaX Sponsored OriginalWorks Writing Contest!
Another CateredContent.com+OriginalWorks Event LIVE
ProximaX.io has sponsored a writing contest!
Resteem Bonus: First 500 people to resteem this post will receive 1 STEEM each. To qualify, user must:
- Have over 100 followers.
- Account must be at least 1 month old.
- Reply to this post mentioning that you have resteemed the post!
Enter Contest Here
IMPORTANT DATES:
- START DATE: September 18th 2019
- END DATE: October 2nd 2019
TOPIC
- Write an article about ProximaX! What is ProximaX? What are the benefits of using ProximaX over other blockchain infrastructures? What is the benefit of having all the tools required to develop any type of project in one place? Discuss some of the core-services such as storage capabilities, streaming, database and Supercontracts. Talk about how they could be used to build web services and projects. For example the streaming core-service can be used to make a video streaming service like YouTube or DTube. ProximaX has a number of existing applications, feel free to check them out as well! Come up with some potential use-cases of what you imagine being built on Proximax! Be creative with your use-cases! With ProximaX, you can build almost anything. As always, the topic is fairly open-ended, so be creative!
RULES
- Any and all plagiarism and word spinning will be immediately disqualified and will not receive a prize! We rather see honest effort.
- At least 70% of the article must be original.
- No copy-pasting without quotes.
- Have questions about the project? No problem! The ProximaX team is always ready to answer questions in their Telegram group! Ask questions on things related to what you want to write and want to know more about.
- Additional resources are linked at the bottom.
SUBMISSIONS
- Write and publish an article on Medium or Steemit.
- Article Share Bonus: If you wrote an article, share your article on Twitter to get a bonus! Make sure to include #proximax.
- Article Bonus: If you would like to publish your article on both Medium and Steemit, one of them will be treated as a bonus.
- Bonus Bounties:
- Write a small blurb about an awesome ProximaX feature and post it on Twitter with the hashtag #proximax.
- Post a ProximaX related graphic on Instagram with the hashtag #proximax.
- Videos: Make a short video about ProximaX. Please be mindful of ambient noises and background if making a selfie style video. Videos can be posted on YouTube/DTube!
- Max Submissions: One user can submit a maximum of one Medium or Steemit article (if both one of them will be treated as a bonus), one Twitter link, one Instagram link and one YouTube video.
PRIZE DISTRIBUTION
- Prizes will be distributed to all users who fairly participate. Winners will be announced and posted here.
- Articles will be ranked and receive rewards based on quality.
- All qualifying bounties and link shares will get a small bonus depending on the number of participants.
- Videos will be ranked an receive rewards based on quality.
- When submitting an article please choose if you would like to be rewarded in STEEM, ETHEREUM or XPX (FOR XPX PLEASE USE MAINNET WALLET ADDRESS, USERS WHO CHOOSE XPX WILL RECEIVE AN ADDITIONAL 5% BONUS ON THEIR PRIZES).
- Don't forget to go to your profile page and update your wallet information.
ProximaX Additional Resources
- ProximaX Website
- ProximaX WhitePaper
- ProximaX Use-Cases
- ProximaX at a Glance
- ProximaX Telegram
- ProximaX Medium
- ProximaX LinkedIn
- ProximaX Facebook
- ProximaX GitHub
- ProximaX Twitter
- ProximaX Instagram
- ProximaX Reddit
- ProximaX YouTube
WHAT IS PROXIMAX?
The new landscape of decentralized ledger technology is more competitive than it's ever been. The sophistication and talent in the blockchain industry is now so robust that for a new project to catch the same network effect as the previous generation of successful projects, they must offer the whole package: smart contracts, scalability, SDKs (software development kits), IoT (internet of things) use cases, and agnostic asset exchange possibilities. These are just a few things that make the bare minimum of what the projects entering 2020 will have to be capable of.
ProximaX is a platform for easy-to-use application and service development. Instead of solely focusing on blockchain technology ProximaX is a set of tools for developers to use in order to build their applications while taking advantage of the inherent benefits of blockchain technology.
ProximaX is beyond making a new blockchain, or killer app use case. ProximaX is on a mission to make a fully fledged platform for universal application development; with blockchain as a value anchor among the builders, funders, and consumers of its new technological paradigm.
With ProximaX users can build:
- Social Media Platforms (Like FB, IG, etc WITHOUT infringing on privacy)
- Streaming Services (Netflix, YouTube, etc)
- Business Services (Google Sheets, Tracking Software, Wrike, etc)
- Almost anything else!
Don't take our word for it - check out the use-cases page!
THE MODERN BLOCKCHAIN DISASTER
As of now, there are numerous blockchain projects offering a part of the whole. Some projects offer great transaction speeds, others focus on storage, while others on streaming, etc.
This creates a convoluted environment that makes it hard for developers to launch applications since there is no cohesion between the various development tools.
As an analogy, imagine building a vehicle that has the wheels of a truck, the engine of an airplane and the body of a car. Sounds like a bad idea right?
This is the current issue within the space of blockchain development. There is no cohesion, which in turn means that developers have to either stick together components that don’t work well, or build out their own solutions which is time and cost prohibitive. This high barrier to entry creates an obstruction on the path to the mass adoption of blockchain.
THE SOLUTION - THE PROXIMAX SIRIUS CHAIN
ProximaX is an assembly of decentralized technologies, with blockchain acting as the core to the tokenomics. With ProximaX, the world is your oyster. Whether you want to build the next Facebook, YouTube, Steemit, Skype, Amazon or anything else you can think of, the ProximaX Sirius Chain has all the tools you need!
The Sirius Chain is the backbone that holds the ProximaX project on its feet. It is a blockchain denoted by a token called the “service unit.” These units are smart contracts defined on the Sirius Chain, which is itself a fork of the highly successful NEM Chain, called Catapult.
The Sirius Chain also has a PoG (Proof of Greed) system which makes sure that nodes do not get too powerful by charging exorbitant prices for each block they validate. This provides a natural check to the ecosystem in terms of equality and utility.
The role of the Sirius Chain is to build a foundation upon which to run the core services of the ProximaX project.
PROXIMAX CORE-SERVICES
SIRIUS STORAGE & SUPERCONTRACTS
Distributed file storage is one of the first core services enabled by the ProximaX team on the Sirius Chain. File storage is done via a DFMS (distributed file management system). Data is encrypted and split into smaller units. It is then stored across storage nodes as agreed by consensus throughout the Sirius Chain.
SIRIUS STREAMING
This core service is offered via two methods:
<p>Data is prerecorded on Sirius Storage to be streamed to viewers</p>
<p>Data is streamed live to viewers</p>
SIRIUS DATABASE
The Sirius Database is a private-only service offering, unavailable to the public protocol. Applications requiring a database can use the Sirius Database to build hybrid architectures that can still access the core services of the public infrastructure.
<p><strong>SIRIUS CONTENT REVIEW</strong></p>
Content review allows content managers to create review processes (based on consensus) throughout the protocol. Content review is another public core service.
TOKENOMICS & TOKEN ECOSYSTEM
To incentivize the work done, ProximaX has based its tokenomics on the following criteria:
-
Synergy and self-organization of system elements
-
Adaptability to different vectors of attack upon the system
-
Growing infrastructure to incorporate plug-ins for additional core services
The ProximaX token ecosystem has two layers:
- Internal
- The Native Token (XPX) - Powers the blockchain and pays for services
- Service Units - Units of measure of the services performed over the protocol
- Custom Tokens - Created by users to build DApp (decentralized application) markets throughout the network
- External
- End-user payments - Any method of payment (crypto or fiat) can be built into any application supported by ProximaX
THE NATIVE TOKEN: XPX
This is the token that powers the Sirius Chain; the core backbone of the ProximaX project. To utilize ProximaX services, users must pay with XPX.
SERVICE UNITS
XPX are traded in for service units via an automated inner exchange. These are consumed to process supercontracts.
Service units are used to:
- Allow the consumer to pay for services
- Reward the nodes for running services
- Measure the capacity of a node for executing a service
The different types of service units are as follows:
- Storage units (SO) - One unit represents 1GB stored per month
- Streaming units (SM) - One unit represents 1GB streamed between users
- Supercontract units (SC) - One unit represents one supercontract code executed
- Review units (RW) - One unit represents 1 XPX worth of paid content
The initial service unit rates (which are subject to change) are as follows:
- 1 SO = USD 0.004
- 1 SM = USD 0.02
- 1 SC = USD 0.000005
- 1 RW = USD 0.005
CUSTOM TOKENS: MOSAICS
Mosaics refer to contracts which are pre-defined on the blockchain protocol. These contracts can represent anything the designers wish for them to associate value with: currencies, assets, consumption, etc.
This means that ProximaX can be expanded indefinitely into various types of projects since you can continue to add tokens within the infrastructure to represent whatever it is you need!
Mosaics can be customized with unique properties such as:
- Divisibility
- Duration
- Initial Supply
- Supply Mutability
- Transferability
AUTOMATED INNER EXCHANGE
The Automated Inner Exchange is built on top of the Sirius Chain to exchange the XPX with designated service units. Users can use the inner exchange economy to create new core service (such as a search engine) and their associated tokens.
THE PLATFORM: CONSUMERS AND APPLICATIONS
SDKs and REST APIs are the mediums by which the platform can be used by the consumer. Applications can be fully decentralized, semi-centralized, or completely centralized as seen fit by the developers via the SDK.
Each application can use ProximaX’s core services directly, or build its own platform to provide the core services to its own end users.
APPLICATION ONBOARDING
An application owner that creates their service on top of the ProximaX platform must onboard their application.
The following core component features are available to application owners through the Sirius Chain:
- Account - Identification infrastructure
- Namespace - A plugin that creates a domain representation (name) of a business
- Mosaic - A digital representation of value that may or may not be associated with a namespace
- Metadata - Data associated with pre-built plugins; needed for applications relying on third-party services through the use of URLs (unified resource locations)
- Supercontracts - Contracts that execute via a distributed manner with a pre-agreed consensus mechanism; developers can access pre-existing sets or create their own
Supercontracts can be restarted, amended, halted, augmented, discontinued; all off-chain so as to not interrupt the integrity of the Sirius Chain in the event of unforeseen problems
SIRIUS CHAIN GOALS
The goals of ProximaX, and by extension the Sirius Chain are the following:
-
Process transactions securely, quickly, and efficiently; a thousand per hour or greater
-
Encourage the expansion and security of the network
-
Scale at the lowest resource cost possible
-
Provide transaction types that allow cryptocurrencies to become more than just payment systems
-
Create an agile architecture for the deployment of new core services and advanced applications
-
Run on as many devices as possible (mobile and IoT)
SIRIUS CHAIN TOKENOMICS
The consensus mechanism of the Sirius Chain is PoS (Proof of Stake). The Proof of Stake infrastructure uses funds and time as part of the reputation metrics for the nodes on its network. The more funds a node has, and the longer it has been active, the higher its probability of solving the next block and therefore receiving its reward.
Participating as a Validator node on the Sirius Chain requires staking. The ProximaX team has run tests to determine the optimum staking for users to reap the benefits of the PoS system.
The recommended minimum stake is 250,000 XPX; whereas the recommended average stake is 2,500,000 XPX. These figures allow the Validator nodes to stay competitive with each other in the process of being elected to generate the next block on the Sirius Chain.
The ProximaX technical paper details the default fee structure of the Sirius Chain. They are left out of this section because these are nominal figures which do not themselves affect the interaction of the system’s parts.
SDKs have these pre-configured default fee structures:
- High Transaction Fee = Recommended transaction price for consumer * 0.025
- Medium Transaction Fee = Recommended transaction price for consumer * 0.0025
- Low Transaction Fee = Recommended transaction price for consumer * 0.00025
If a consumer builds their own mosaic or namespace, they pay a rental fee. The following fees are determined in genesis nodes which dictate the rental fees:
- Mosaic Rental Fee = 10,000 XPX one-time payment
- Namespace Rental Fee = 10,000 XPX per year
SIRIUS CHAIN CORE FUNCTIONS
- Account - Parallel to application onboarding section
- Namespace - Parallel to application onboarding section
- Mosaic - Parallel to application onboarding section
- Metadata - Parallel to application onboarding section
- Multi-Level Signature - Used to build multi-level agreements
- Cross-Chain Transactions - Transactions between two Sirius Chains; private and public; called an “atomic swap”
- Entails locking funds on one chain (sender) and making a counter-asset available to another chain (receiver)
- Aggregated Transactions - Combine multiple transactions
SIRIUS CHAIN CONSENSUS
ProximaX’s blockchain Sirius uses a Proof of Stake (PoS) consensus algorithm because of its stronger throughput than the alternative Proof of Work (PoW) system found in the first generation blockchain protocols. The model for Sirius was adopted from NXT, and enhanced.
In the standard NXT version blocks were generated every minute. ProximaX needs only 15 seconds to do the same task; showing a four times efficiency boost. Because the full token supply is predetermined, the transaction work and fees of the PoS system in the Sirius Chain is one of redistribution.
PoG (Proof of Greed) is a mechanism developed by the ProximaX team to limit the transaction fees a node can charge. The Sirius Chain aims to redistribute a higher probability of success to consumers who opt for lesser fees. This feature is another novel development because many blockchain networks do not have adjustable fee frameworks.
POTENTIAL ATTACKS
There are two major vectors of attack against the ProximaX network:
Zero-Fee Attacks - Validators may validate transactions for free to combat the PoG system and take over the network by forging the most blocks
- The solution ProximaX utilized was to ensure that those Validators which take some pre-specified average fee have a higher chance of forging a block
Large-Stake Attacks - This becomes a problem if a Validator with a 51% stake attacks the network, earn the majority of the fees, and begin to reverse transactions
- PoG ensures there is a fair distribution of Validator rewards
PROXIMAX: THE VALUE ADD
ProximaX has its own novel contribution to the technical infrastructure developments of the blockchain sector. PoG is an original, synergistic, addition to the PoS system. It allows the system to scale, stay equitable, and egalitarian.
However, the greatest strengths of the ProximaX design is the converging application platforms. It is a project that does everything well, not accepting the limitations that other development teams decide for their own projects. The plethora of core services that rest on their own platforms are a testament to this; the common denominator of the Sirius Chain the ingenuity that makes the whole greater than the sum of its parts.
This is advertising through bid bot stacking. This post should be downvoted but not because it's undesirable or bad but because you cannot allow advertisements to make money on Steem. If that happens we will have Trending full of them, in which case anyone stumbling upon Steem for the first time will not give Steem the time of day.
Downvoted the post because I agree with what is said here.
Posted using Partiko Android
I participate in the @cateredcontent contests because
1.- This contest challenges me to create original content
2.- This contest challenges me to read and learn about new projects.
3.-I learn from new ventures.
4.-@cateredcontent Value my effort.
In Steemit it is a lie that values unique and quality content. I have seen whale crap that do not deserve an upvote and yet their posts receive up to more than 500 and nobody puts them flag.
Steem is not helping the little ones, there is no encouragement, just more restrictions and censorship. If this continues, people will continue to abandon.
I am here, because I need to earn money, to waste my time I would use Facebook.
Upvoted and Resteemed as always!
Thanks @cateredcontent, thanks to you I was able to fill my fridge with the rewards I receive.
But Steemit Inc. does make money off of ads and you agree with that,isn't there something wrong with that reasoning? And at least if I don't want to see something from CC we don't open the post but Steemit ads are there whether we want to see them or not. I am saying this because you say "you cannot allow advertisements to make money on Steem", so we are either for or not, it is the same thing advertisement is advertisement.
It sounds to me like you haven't understood my argument at all. The problem is that with bid bots it is possible to buy votes to have your post in Trending while gaining at least as much in author rewards as one has paid for the votes. Vote buying used to be effectively free of charge. That is, any advertiser could come and buy votes from bid bots while getting all the attention from having their post in Trending - for free or even with a positive return on investment! Before HF 21, Trending used to be filled with shitposts and advertisements. Why not? It was free of cost to put them there. That devalued the whole platform.
The goal should be to downvote everything voted by bid bots in Trending so as to make the organically curated content preferred by the voting community dominate it. That way, Steemit will look attractive instead of a garbage pile of shit posts and advertisements.
I really don't agree with you, if you are against advertising you are against advertising. As for trending it is still completely full of shit posts except now instead of bid bots it is now down to circle jerks. There are a few dozen people for whom HF21 has been a God send for the rest of us it sucks.
My central point was that advertisers cannot be allowed to receive more money in rewards than they pay in paying for votes. Which part of this do not not understand? I'm all for advertisers advertising on Steem as long as they pay for it.
I disagree on the those posts being actual shit posts. They're not. But they're not great and the not of the kind that would attract a great deal of attention from the outside. Improving PoB is a work in progress. Forcing the bid bots to become manual curators in less than a month has been a huge success.
A few dozen? I think you're at best polarizing things way out of proportion.
I can tell you HF21 sucks the most for bid bot abusers, the bid bot operators and various spammers. It's the free downvotes that have done it.
By the way, I checked out your blog. I didn't see much change because of HF 21.
Can you point out some struggling authors you consider to be particularly deserving who have been shafted by HF21?
Nearly all, just take me for example, I don't post good material so I don't expect much but before I was getting about $0.40 per post now I get $0.16 (obviously I don't live off of Steem) and even then I will get less percentage off of those $0.16 than I would have gotten before HF21, this is the same for all writers except those few who have gotten in the know, post just claiming that #newsteem is great (like "Now I am getting great curation rewards and their votes are worth $0.04 so now they get $0.10 more a day) and somehow get a vote from HF21 promoters. Now if you only read posts from the people who are making much more now than before because a circle jerk has formed there is no way you will know this is true.
I have no problem with people on this circle jerk making money what I have a problem with is these guys are promoting a fake reality Steemit is no better off now and in fact it is in worse shape than before HF21.
I'm not asking this just to score points in a debate. I actually want to find greatly under-rewarded authors to vote on and to promote. My own maximum upvote value is only around 8-9 cents at the moment. But my network is much more valuable.
The reason for that is the sub-linear part of the curve that causes every post that makes less than about 20 STEEM to make somewhat less than before. It was introduced because there is so much low-level abuse going on that remains under the radar. It has hurt legitimate new authors who make less than before. Better curation incentives are supposed to remedy that. Please try and come up with at least a few accounts you find worth considering.
The whole platform is definitely not in worse shape than before HF21, in my opinion. At least something is being done about the abuse. Curation is increasingly being taken seriously by the big wigs. Both Bernie and Haejin have stopped fucking around. I never thought I'd see that.
You've been here since August 2016 and you have only 268 SP. How is that possible? I became active almost a year later. You have made about 1700 posts. I have made about 1500. I've made 9500 comments. You have made about 4800 comments. My posts make more than yours. I don't make Steem Monsters posts or Actifit posts. For the last year, I've been making photography posts with 5-10 photos taken with a DSRL in RAW format and edited with editing software or essays one or two pages long almost on a daily basis. What people do here adds up. Getting curated and whitelisted for @ocdb was a big deal last Christmas. But that happened because I'd bought the camera and learned how to take photos and because I'd stayed the course in the brutal bear market. I've always written a lot of comments and I consistently score well in @abh12345's curation league that measures how widely people curate. People remember me.
Well you see I do have to make the Actifit posts, that is just to keep myself aware that I have to make those 10,000 steps every day, and it has worked I have lost over 20 lbs and a lot of belly fat. As for only having 268 SP well I have withdrawn about $1,000.00 worth of Steem sometimes I do get into financial straits and it has helped out. Do I regret it? Not really I would have about 1,500 SP if I hadn't done that. As for you having achieved more than I, I think you didn't understand what I meant by this " I don't post good material so I don't expect much", I think that should explain much of it. See this isn't personal, I am not so conceited that I think I deserve more because I know I don't, what really irks me is that for example that reward curve idea, it is killing people who actually are scoring benefits every day from their Steemit posts like people from some African countries or Venezuela, all this hard fork has done is just cut their rewards in half so if before thanks to Steemit they were able to buy one meal now they only get half of that.
Now I am from a third world country Honduras, and I think that in fact we have more poverty than Venezuela, but we don't have the problem of a rapidly devaluating coin, so getting money in a foreign currency is not that big a help for us except of course if we are talking of hundreds of dollars. And even though I have taken out Steem to patch up some problems there is no way that with what I make here I could even pay for my internet connection.
I agree and have enthusiastically downvoted it. This is bid bot abuse.
Also,
To anyone upvoting or especially resteeming this for 1 Steem: You should be ashamed of yourselves and reflect on how your actions are harmful for the community.
Just flag and move along, cateredcontent helps a ton of minnows get some steem. You sound miserable, nobody cares about your flags, CC will still thrive... have a good day don't @ me.
Hello.
It seems, the community thinks different
:)
I take offense that you consider the people resteeming this 'the community'
To me it is just a list of accounts that are willing to dance like monkeys for ~ 0.16 USD.
Don't kid yourself, no one would be resteeming this if you were not paying them to resteem this.
Mostly I see low quality accounts jumping on this. Please correct me if I'm wrong.
What is the community?
Your voting trail?
The 100 user in Trending?
Of course there are a lot of "low quality" accounts jumping on it, better and faster to earn 1 Steem than they would make by posting in a week.
But if you read the instructions, you don't have to resteem it.
You just have to comment that you have resteemed it ;)
And I agree, without the 1 Steem dance monkey money, it would not be resteemed by any of them
You have no right to tell people what they should or should not do. You have the right to use your account how you will and others have the right to use their accounts as they will and rewards will come out how they do.
I don't wish anything but politeness between us, but I find your lack of respect for free-will to be terrible. If Steem has to become a cult that attacks any dissent from the will of the whales in order for STEEM to go up, then I don't mind if it dies.
In protest I shall do this:
Upvoted and Resteemed...
That is an infringement on my freedom of speech, good sir!
I am not sure what you are protesting. I haven't threatened anyone or restricted the rights of anyone. I've simply stated my opinion and I stand by it.
I hope you see how your statement is contradictory.
I'm not restricting your free will. I'm trying to encourage better behavior.
Steem is not a platform for bid bot abuse or advertising stuff cheaply.
I don't wish anyone ill will who resteems this junk or writes resteem. I just want you to think that it may not be the best way to use Steem.
Together we can make a difference and see Steem become the number 1 crypto.
Free speech is very important. My point is that there is a difference between articulating what you wish people would do and shaming people. When one shames others they take a stance of being someone of authority to judge others. When I said you have no right to tell people what they should or should not do, which is a common phrase, it indicates that you are a person with an opinion, but not having authority. I merely am pointing out that you have no authority or right to authority over how people use their accounts.
For example:
This sentence brings out a much different response from me than the one below. I care about quality content reaching the top, if you did not use shaming tactics, I might have shared your view somewhat.
This is not you simply exercising your right of free expression, its the act of shaming. You have attached your own code of ethics to Steem's upvote button, which is fine for you, but you are not anyone's authority figure here. The whole point of POB was to decentralize the voting process, not centralize it under the mentality of a certain demographic on Steem.
I respect your right to upvote what you want and I suppose even downvote what you dislike. As for the rest of us, we did not buy SP so that we would be told how to use it. I will use any account I own however I so wish.
Now, if you happened to use a different approach, you might very well have my support. For example, I feel too many of the same people keep ending up on Trending and I would like to see diversity there. If you tried to make a cultural move (via positive encouragement, not shaming) for people to find and devote their upvotes toward quality content producers with reputations below 60, I would support that.
Thank you for clarifying what you meant. I can't help but notice you resteemed it before you commented on my post and not after. Sadly, you cannot undo resteems and there is usually a warning before doing so. I understand you may regret your actions. I hope you consider what you are resteeming before you jump on prize money again.
I still have no problem calling out and shaming people who resteem junk that is abusive. We need to get people to pay attention and think twice about their actions or this platform is going to crap. No one actually follows the accounts that constantly resteem junk or promote it. It's all fake and it needs to be off trending at any cost.
Obviously, the people who do it regardless would prefer me to mind my own business.
I'm sure I can be more kind and lots of people are, but I want to get attention and I'm glad I have yours. Most people are just using their throw away accounts to promote this. I'm glad to see you have an opinion.
I agree you should use your SP however you wish. I can too and it includes upvotes and especially downvotes.
I might have resteemed it before writing a reply to you, but I did not resteem it before reading your comment and deciding to resteem due to your comment. A lot of people believe that they can query the blockchain and identify behavior, but reality tends to be more complex than the assumptions derived.
Resteeming then responding was merely the order my mind chose, as I tend to make lengthy comments and prefer to get the small tasks done first.
Actually, the truth is that I did not even notice the resteem reward at the bottom of the post (because I stopped reading the post once I saw they were shilling a new blockchain). I only learned about the resteem reward when I saw comments complaining about the resteeming.
Let me get this straight...
You resteemed the post because you got upset that I said resteeming this post should make you feel ashamed.
Lol, most of the commentors here wouldn't agree.
"resteem"
:))
Then education is in order.
I think everyone agrees that a higher STEEM price would be desirable. Steem is a content delivery platform whose main value proposition is crowdsourced content discovery and rewarding by stake-based voting. Trending is a feature of nearly every Steem front end where people can go and check out the most highly rewards content. Trending is the place that gets the most attention on the entire platform.
What do you think happens when it is possible to buy votes and get a positive or zero return for investment when you buy enough votes to get to Trending? Trending will be filled with advertisements like this. What do you think non-Steemians who stumble upon Steemit will do when they are browsing the internet? They check out Trending. If trending is full of advertisements like this, they will conclude that Steem(it) is garbage and will not give it a time of day.
Steemians who upvote bid bot stacked shit like this are thoughtlessly pissing in their own cereals because they're devaluing Trending and thus Steem. No content that the community has organically deemed the most valuable should have any place in Trending except if the authors of that content are making a financial loss by buying the votes to that get them to Trending. The best possible promoted content is that has all the rewards redistributed to the entire community (done by having @null as the beneficiary).
What do you think they see, when they stumble upon Steem these days? Have a look into my Steem Trending Reviews.
It is an echo chamber for maybe 100 users.
Nothing tht is relevant outside of Steem.
As is this ad here :)
That's no excuse to allow this ad to have a positive ROI in buying votes to get to Trending!
We should do a better job digging up valuable content from the depths of Steem and upvoting it to the bright daylight in Trending! When you see a piece of unrecognized high-quality content, give it a big upvote and use your network by resteeming it. At some point, it will meet the eyes of people with large stake and you'll collect your high curation rewards.
What are you talking about? This post is a 10.000k Steem giveaway, did you lose your mind? I bet my ass, they did not think about a ROI on their post ... they just needed to reach people...... dafuq make sense if you comment, at least a bit. ROI on a 10k Steem giveaways.... DUDE! R I D I C U L O U S
Calm down.
Both Trending and the reward pool are common resources. This campaign is giving prizes to those who advertise their products. They are not sharing them with the whole community. What the downvotes accomplish is remove pending rewards effectively taking some of the money they have invested in this and give it to every other Steemian, not just those who will advertise their products.
Yeeeeeeeeeeeees! That is right! Echo Chamber of a few.
A trending page full of ads, regardless of how much money is spent, or burned, or declined, is still useless and ugly. I like how the tribes have designated ad slots, clearly marked. One should have to purchase STEEM, then buy the slot, and that STEEM should then be burned. It should be impossible to upvote the ad. I don't pay Walmart for leaving a flyer in my mailbox.
That is true. That is precisely why we should double down on downvoting advertisements boosted to Trending. Even if such an advertising slot system were implemented, which should absolutely be done, there is nothing else that can keep the actual content side clean but our downvotes.
i understand where you are coming from but, But there is a contest sideways. its either you focus on the advertisement or the contest.
The contest is nothing but a bribe to make the partaking Steemians to look the other way when reward pool rape occurs.
I think real marketing on Steem through promotion is valid.
Absolutely! But it should cost money! That is, the rewards from the post should be smaller than the bids paid. Or the rewards should be declined or @null should be set as a beneficiary.
Yes, I agree that should be the goal.
I am FOR creating demand. When there are more accounts wanting that visibility there will not be money to be made! :)
We are on the same page.
Resteem!
RESTEEMED
Resteemed
Resteem
Resteemed.
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Resteemed
Resteemed!
resteemed
Resteemed done...!