the50 - Due to Lack of Interest ..
The People Have Not Spoken
Well, I guess a members-only lottery, where you have a 1-in-50 chance to win 500 STEEM potentially, EVERY WEEK (as long as you promise to power it all up!), and a members-only curation guild, where you could potentially gain hundreds on a regular basis, is not at all appealing.
Membership requirements were pretty lax ..
- Do you have 500+ STEEM Power
- Do you have a rep 'around' 50?
- Do you post and curate regularly
- Are you willing to contribute 10 STEEM per week to our lottery?
- Will you commit to upvoting the content of fellow members @ 50%, via our upvote bot?
But we understand .. best of luck in your STEEM travels.
Hi @kurtbeil, sorry for the delayed response. We are still skeptical as to how members of the group will be prevented from leaving after winning the lotto when inevitably there will be less incentive to stay in the group.
I think the lotto confuses things and it would work just as well with a set power-up subscription, that everybody pays themselves weekly, so that if somebody leaves the group it doesn't have a huge impact on the others who are waiting to win the lotto....
If everybody were required to power up $5-10 per week I can see how the upvoting would help us all. I just see the lotto idea as dangerous since anybody can leave once they've won.
I see what you mean - we thought the curation aspect would keep'em in, and the lottery was a fun way to increase our collective power .. but, you're probably right.
Maybe we'll just ask anyone who wishes to use "the50" as a tag, and anyone who does use it would be asked to upvote @50%, anyone who has used it? https://steemit.com/created/the50 .. Kinda boring, but simple is good. :-)
I wasn't aware of the tag as well... I definitely think keeping it simple is best especially to start. My understanding of the lotto aspect is that, if over the course of 50 weeks, every member of the group is expected to win the lotto, then that is the equivalent of every member keeping their money and just saving it up every week...through power ups.
Also, setting a STEEM price for the lotto rather than a price to buy STEEM at could get very expensive. 10 STEEM is $8 now, but one week it could be $1 and another week it could be $50. If we're required to buy the STEEM then you would see people dropping out when they can't afford to buy the STEEM. I think this group needs to be able to work even if people drop out, but we also don't want to make it too difficult to stay in the group.
No, the lottery was changed to just a straight lottery :) .. and I do realize the price of STEEM will change .. anyway, pretty sure it's kaputski now. To me it was soooo clear, but when the price does really go too high then I think people will be looking around and asking "Why didn't I do something sooner!?" .. however, by then the fake accounts, collusion and gangsterism will be at such a level the platform will be in jeopardy .. just wanted to put a little group together that would 'buy' the right to collude, by investing a little money in STEEM each week, and then to use the lottery to spin up the group's voting power at faster rate.
is aight .. thanks for your help
On another note if people are interested in something in this direction. I have @steemprentice which I set up to be a crowd whale of some sort that has over 5,000 Steem Power that has a group of vested members and the idea / project is open to a new direction of use and value. Also have chat channels in steemit.chat (with 319 members) and discord.
Sounds good. I think I signed on to @steemprentice near the git go and I see a couple of other members of the50 on the list - so we have some highly motivated folks. I will get behind any-symbiotic-effort - I love to support good people, but would also enjoy being supported in a little more substantial and consistent way. ;-)
Sounds good!
I'm down for anything - I remember @steemprentice, and think rebooting it and using it as a rallying point for serious and focused group curation, and other forms of mutual aid, is a great idea!
Sounds great!, That what it was being built for. I just didn't find the right people / purpose at the time. So maybe we can explore this further now.
I don't think there should be a "pay" condition. Agree with working together and someone could leave after getting the Lottery. I'm in the group which is new and look forward to figuring out how best to grow and learn together.
While I and others may like the idea, there are two things of some concern that maybe shouldn't be requirements.
10 STEEM is too high of a cost. There is risk of the lottery winner leaving. Committing 50% votes is too much as such strong votes is usually considered to be committed to particular content, or preferred users while also considering the value that much of a vote may get back which some/many may not to use in this sort of "blind" fashion.
This post has been ranked within the top 80 most undervalued posts in the first half of May 12. We estimate that this post is undervalued by $8.71 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: May 12 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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