60 Reputation (+ New Project Announcement)
It has been a long ride with a lot of ups and downs trying to understand this platform for what it is. I started just to test it out and was quickly hooked by the idea that it could provide a somewhat stable source of income while helping me achieve some personal goals in the meantime (increase Betting Focus and my Health / Personal Life).
I do feel I'm spending way too much time on Steemit though, especially posting long daily posts that often take forever to make (like this one) while I could use that time way more efficient. The efforts I made to grow and improve the Betting community here on Steemit really did make something of a difference after a couple of us grouped up and creating the SBC (Steemit Betting Community). My hope is that it will continue to grow and eventually run on itself.
One of the strong beliefs I have about Steemit that keeps accounts motivated and going is that smaller consistent upvote support is far more effective compared to having to hope for the occasional Whale Upvote (which obviously is also always very much appreciated).
@busy.org (currently pauze), @hr1, @minnowsupport and off course the @sbcbot for sports bettors are one of the best ways to get consistent upvotes that are worth something. Getting bigger upvotes from @newhope | @ripperone | @alexis555 | ... seems to become more difficult, the @utopian-io or @dtube, ... upvotes require very specific content and there seems to be no clear thing that can be done to get on one of the bigger upvote lists like for example @ausbitbank or @hendrikdegrote.
There are many upvote groups and projects that I appreciate ( @qurator | @make-a-whale | @steembasicincome|...) but all of them have some issues when it comes down to the actual return they offer, scaling and sustainability.
I have always been a very conceptual thinker and I love to come up with ideas and theories. Since I highly value the "guaranteed daily upvotes" I get, I have been thinking about what a project could do to deliver this in the most efficient and fair way towards the entire Steem Ecosystem. I came up with a concept I really like and believe perfectly holds up numbers wise. I slowly took steps towards building it up and am now ready to slowly start rolling it out!
THE BASIC IDEA
The idea is basically a combination of @steembasicincome | @qurator | @minnowsupport | @make-a-whale where a Daily Upvote is automatically given to posts from (quality) shareholders while at the same time it allows them to sponsor and support a minnow without this overly affecting their return. The amount of available spots will be fixed and limited directly based on the SP in the support account. Everyone who steps in gets the same basic return while this constantly increases for existing members which should make it highly rewarding for people who are on Steemit for the long run!
The intention for this project is to remain rather small scale as an experiment to see if the theory also works in practice. The 2 needed accounts have already been created and are giving out test upvotes.
| Account | Function |
|---|---|
| @upvoteshares | The main account which I set up some days ago with some permanent and some test shares handed out to see if it all works properly while I monitor how the voting power gets drained. |
| @minnowshares | The account that will be used to sponsor minnows which is temporarly set up to upvote everyone who is entering the SBC League |
Congratulations on rep 60 @costanza and very well deserved! More power to you and the whole Sports Betting Community!
After reading one of your post months ago (the one with classification of upvotes specifically Group Upvotes), it actually got me thinking of doing something similar to that. As you can see with @make-a-whale and @qurator projects, it have been pretty successful and had actually helped most accounts that are active here on the platform. So I am pretty hopeful about the success of your new project and let me in if you still have some space left. :)
Thanks jlordc,
The upvote groups like qurator used to be way way better but seem to be collapsing under their own weight, looking purely at the numbers it is actually more profitable to do a 10x self upvote now.
Qurator Upvote = 0.41$
This is Tier 5 which means I delegated 300SP to them and upvote their post 7 times each week with 0.05$+ upvote. based on calculations from the steemit upvote calculator the 300SP could give worth ~0.29$ self upvote daily +0.05$ = 0.34$
Curation still has to be substracted from the qurator upvote which is 25% which comes at an actual worth of 0.31$. this is calculated with the upvote given th qurator at the bare minimum, realisticly it is set higher just in case the steem price drops so 0.06$ and if you upvote yourself every 2.4hours you get 0.32$ daily.
So purely based on the numbers you give qurator 0.38$ each day and get 0.31$ back which is really sad.
(I hope I got these numbers wrong but I'm affraid not. Thinking about it I will probably cancel my delegation to them and just ride the free tier 0 basic upvote)
Similar goes with make-a-whale 0.35$ upvote (300SP delegation & having to give an upvote each day)
steembasicincome probably gives a good return but it will totally collapse over time because they totally rely on buying delegation from the money that comes in and have an ever increasing load of accounts to support.
The jumbot upvote group tip I got from your I believe does by far the best!
I believe I found the fix to all these issues :)
With the current STEEM/SBD price it indeed seems that way. I am still somewhat pretty optimistic with those two projects though. :)
For qurator, I am only delegating 100SP + upvote of $0.05 + 2 Steem
If Qurators Upvote remains at 0.41$, then 0.41*0.75 (Author) = $0.3075
For 50/50 SBD/SP calculation = $0.3075/2 = $0.15375
$0.15375 *30 (Days in a month) = $4.6125 SBD
4.6125 SBD is around 3.546 STEEM at current price, which is around a 1 STEEM profit excluding the SP you get from the 50/50 calculation.
Although, thinking about it there is still my delegation of 100SP, which would probably give me 3SBD if I opted to self-upvotes. So number wise, I think you might be right on this, so I will not be arguing with the numbers Lol
Yep I agree with Jumbot! Not to mention their curation trail also somewhat gives decent $$$ compared to qurators $0.001
Well I am looking forward to your fix on these issues. :)
P.S.: So this week, I have been trying the eSteem app and so far I am loving it(I don't know if you've heard about the app before) . Comparing it to Busy and its bots, the esteem upvote is much worth more(Around $5 combined). Seeing as you don't use much upvote bots and most of your posts are above 50 words(which I think is one of its requirements), I think you should give it a try.
They do however take a 10% beneficiary reward but if you get an upvote and don't use any bid bots, I think it's much more better compared to busy.
I've looked at getting to try @esteemapp before, thanks for pulling me through on this !
I used them for the first time today, still a bit getting used to but I'm liking it so far
Congratulations @costanza!
You've carried the torch for a long time alone, now we are many and our community is starting to stand on its own feet.
The work is not done yet, there are a lot more long posts to be written 😃
Indeed I have a couple more in the pipeline but will focus to get my new project started first. I made sure to back the co-founders of the SBC up with a couple shares each to start off with. I'm really looking forward how it all will work out.
Great thing @costanza!
I know for sure that it will be a blast!
Congrats with rep 60!
You are now based on reputation one of the big guys 😂
Cheers,
Peter
Congrats, @costanza. Now for 70! :)
Thanks Numpy !
For as far as I understand every level doubles in difficulty so it won't be happening any time soon unless I increase my post amount to 10 a day and get a whale like @ranchorelaxo to upvote all of them with 100%
Hahaha never say never... it might happen :)
Yeah it really does become harder after 60. Crawling...
Great work and Congrats for 60 rep. Stay happy stay blessed. Followed!
Congratulation for achieving this great milestone of 60 reputation this clearly shows that your hardwork is greatly appreciated in this platform @costanza
Congratulations !!! By order of the Peaky Blinders ! :)
You make a good work
Looking forward and following your posts on how do you see the details and our participation.
You got a 100.00% upvote from @votefun courtesy of @rishi556!