Vimm.TV | Rewards Distribution, New Features, Backers Tiers

Hey there,
We’re happy to share some of the new features that have been added to Vimm.TV along with some valuable information for everyone interested in contributing to the project. Whether you’re a content creator, an investor or simply someone who likes to watch live streams, this blog will help you better understand the Vimm ecosystem.

Once you’re done reading, we would really appreciate if you took the time to leave a comment with your thoughts about the Vimm.TV project so far! We value your feedback and we do our best to create a platform everyone can enjoy using.

Rewards Distribution

To insure sustainability of the platform, we have to make sure that everyone who plays a role in supporting the project gets properly rewarded. With this distribution model, we’re hoping to create a healthy ecosystem for everyone involved. Whether you’re a streamer, a viewer or an investor.

Author Rewards (57%)

The streamer is the one putting in the hard work to host entertaining live streams and bring an audience on the platform. This is why authors will bring home most of the rewards.

Curators Rewards (25%)

Viewers are what bring value and energy to a live stream. To encourage engagement, 25% of the rewards for each broadcast is distributed to curators (the viewers who upvote a broadcast).

Delegation Payouts (9%)

SP Delegation is an easy way to invest in the Vimm.TV project and receive automated payouts based on the size of the delegation and recent performance. Delegators and investors are the people who make it possible for us to reward streamers with juicy upvotes and to keep improving our infrastructure.

Vimm Fund (9%)

This 9% goes directly towards the SP of Vimm to raise voting power for the streams and posts we upvote.

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Delegators

The main idea on redistributing a portion of post rewards back to delegators is to raise our voting power for the streams we upvote.
By redistributing a portion of the payout on Vimm livestreams to Delegators, we hope to make delegation more appealing to our supporters by offering automated income, which in turn will raise the Vimm account’s voting power to offer larger upvotes to our live streamers. Delegation payouts are sent to @Vimm.pool, powered down, and automatically sent from @Vimm.pool to our Delegators in Steem.

Name	Delegation	%
@hadean	1000.352SP	37.87%
@dinver	1000.352SP	37.87%
@foreveraverage	500.172SP	18.93%
@vimm	50.13SP	1.89%
@veganroma	50.016SP	1.89%
@nerdtopiade	40.008SP	1.51%

Vimm Fund

Part of the stream payout is distributed back to Vimm in the form of SP to offer higher payout on the streams and posts that we upvote on. We hope to grow our own SP so we don’t have to solely rely on Delegators to fund our Voting Power. None of the payout is liquid or being used to pay for servers or development costs, and we don’t plan to power down anytime soon. If you are interested in directly funding, check below for more information on the incentives of each of our Fundition.io Backers Tiers.

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Updates & New Features

Since our last blog, a total 3 updates have been pushed to Vimm.TV

V0.1.18 (Aug 5)

• Fix bug where is_live would sometimes not be set to false when a streamer disconnects.
• Automatic posting to Steem (recurring check)*
  *Up to 1 post per 2 hours of streaming.

V0.1.19 (Aug 7)

• Channel Hosting Implemented

V0.1.20 (Aug 9)

• UI Improvements for the new hosting feature
• Added embed code to integrate your stream to your blog/website
• Cleaned up channel layout

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Backers Tiers

If you want to support the Vimm.TV project, you can do so by upvoting this blog or donating through our Fundition.io page. Backers & Supporters are all listed there as well.

When you become a backer by donating, you can unlock some perks to enhance your Vimm.TV experience. There are currently 3 Tiers for backers;

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Official Discord | Support This Project on Fundition.io

Vimm.TV | NEW STEEM BASED LIVE STREAMING PLATFORM | VimmTV Leaderboard

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