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RE: $45 SBD Steemit Writing Contest. Writers needed. The more writers the bigger the prize fund!

in #steemit7 years ago

In the interest of total transparency and for all those that are interested. Here is the total costs to promote the contest.

Even though there was more than 740 up votes, the majority of the Steemians that upvoted had little or no voting power, so the payout was less than the cost to promote the contest, resulting in a direct loss of 14.61 SBD

This of course does not include the cost of the prize fund. Which will add significantly to the cost to fund this contest.

Will we do it again? -- Absolutely if the judges are able :) The prize fund may not be so liberal, but we will do our best.

Stay tuned as we continue to evaluate all the submissions!

Many blessings and good luck to all!

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