Vlog 399: Steemhunt drops a bombshell. A possible better return on investment than bid-bots can offer on delegated Steem.
Bid-bots business model is to give passive investors the best return on investment possible in STEEM.
This is the reason why so many investors delegate to them. You passively get a 15-18% return and that's it, you don't have to do anything else.
I have always said that to compete with bid-bots, projects on the Steem Blockchain will need to find a way to offer a better return than bid-bots.
Investors will chase the better return and will simply delegate from bid-bots to these new projects.
But this is a lot easier SAID than DONE.
Yet it appears Steemhunt has found a way and it will all start from the 8th of April. Here.
I talk about it more in my blog.
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this is one of those dapps on steem that i’ve been completely ignorant about. i see how much excitement is surrounding it but i just can’t wrap my head around it.
it’s amazing what they have accomplished tho and i think their such an awesome success story because they focused on their community and delivering an exceptional product.
now that your got me interested in it, i have to do my homework on it lol thanks for the update on it man. appreciate the heads up.
Posted using Partiko iOS
maybe invite me on for a webinar? ;) i'm a mod there from the start. i can tell you all about it! :)
lol man i had no idea. been in my bubble but glad i’m learning about it now.
Posted using Partiko iOS
no worries, it's easy to bubble in this place!
yes @exyle
Their way of rewarding investors relies on paying with their tokens. But if investors want a real return and will cash out the HUNT tokens, it will lower the price, reducing the ROI. It's a vicious cycle, not so sure about it.
I hear what you are saying and it may happen, but if you look at the latest figures how quickly they are selling there is a huge demand. Over 1 Million Steem has been locked up for 90 days in their latest promotion and investors are still locking up more. The 2 c launch price now looks really cheap and the team at Steemhunt is protecting the value of the token. I think investors can see that and I will be surprised if they flood the market selling them. They have sold out twice now in 11 seconds and 12 seconds respectively and the next launch in 3 days time will be the same sort of timings again. Who knows what this token is worth as it is the first one from the platform to hit the exchanges.
I guess you could say this about any token.
Hey @exyle, this is an amazing post with a lot of
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Thanks!
there is the still the 9% a year for powered up steem on top right?
Yes, this works also for delegations :) but the additional SP will come back when you undelegate.
was just wondering if this would be included in the 20%
Probably not.
A feather on your cap, hunter!
20%, pretty nice but as someone pointed out, part of it will be in HUNT tokens so a lot depend it`s price.
Maybe both will be strive together on the platform
Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
Super cool to follow these developments.
Another cool thing:
Your video wouldn’t work with Steemit.com so I switched to Steempeak.com and not only did it work great but I can watch the video in the preview page of my feed!
No need to even open the page completely!
Yeah! Steempeak has some awesome features, steemit could learn from.
Hi, @exyle!
You just got a 16.51% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.
It is a good experiment to see in action if people will switch their delegation toward Steem Hunt in the near future. Also, we can feel your passion and excitement in your body language. ;)
Indeed! I am pretty excited about it :)
Hi exyle. totally agree with you and more people should start paying attention to what is actually happening around them. Steemhunt is quietly going about their business and are doing rather well. They have created huge awareness for themselves and Steem with their IEO which is a win win for all of us on here.
Bring it on, I´m quite bored of bidding bots, I never hated them, but I just don´t use them anymore...
So this would allow a better ROI and probably grab my interest.
i'm so glad you GET it ;) -- that's why i went in on this at the start. i can't wait to record a video about this at some point. so much legacy/history about the platform ;)
You found yourself a good project man! Good luck.
yep, knew that from the start and it was kinda the industry i was in when i started posting, i think i have i have the most hunts there now, just over 800 now and i've got a nice stack of HUNT too ;)
Totally agree with you and the great thing is that the projects like Steemhunt are adding more value tot he ecosystem as they attract outside communities to join while others are more internally focused for promotions. I think this will bring a great balance and lead for others to do the same down the road.
Posted using Partiko iOS
the dapps team are coming with interesting ideas this will be great for investors and the development all around
Yup after watching the interview with @project7 by @cryptospa I instantly delegated to them. Steemhunt is paving a new path.
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Thank you for mentioning me!
Posted using Partiko Android
Thanks for pointing that out, great interview!
to good
If this is true then the blogging aspect becomes less relevant unless you are a hard core old style person. I have seen several large holders recently have a diluted vote due to delegations that show a return.
How long is all this what are are doing now going to last? I used SH ages ago and had a look at my wallet.. I do have a few..
Earning STEEM will be harder and harder in the future. That's just the way it is. The Inflation is fixed (and getting lower each year) and more and more projects will compete over the pool, plus investors will have way more option to invest with STEEM besides upvoting content creators.
A price increase will go along way of stabilizing things for bloggers but the real solution is in SMT's. I'm happy they are still on the table.
I think this would make a good subject for a vlog.
Yes, I can see that changes are already happening, but what of you? You have a big vote now.. are you going to delegate to more projects.., which will entail weakening your vote to gain some kind of return.
I'm in two minds about it.. although my vote is not your size, it is decent and I like to give to the deserving.
It's like a good thing is going on with good project and such a good project like STEEM Hunt is able to achieve it. And sure they will attrected a new passive investor on this platform .
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What exchange is HUNT on?
Posted using Partiko iOS
https://steemit.com/steemhunt/@steemhunt/the-last-ieo-round-with-usd8-000-worth-of-prizes-new-experiment-in-token-listing-strategy
Congratulations @exyle!
Your post was mentioned in the Steem Hit Parade in the following category:
Very exciting news! I'm glad that someone finally found a way to take power away from bid bots. I am also excited because I have more then 14,000 SteemHunt Tokens. I worked very hard on that dapp from September to the beginning of this year.
Hello exyle, yes i agree with you. Steemhunt truly have achieved a lot. they had come with a great idea. good for all investors.
I have removed my delegation to them over a dispute over a legitimate hunt that they chose to de-list. Their arguments for doing so were rather weak, even though I was well within their rules. While I am glad that they are doing what you mentioned in your blog, I am reluctant to endorse them again after such a bad experience.
Man I'm such a noob. I really need an advice. I was thinking about delegating 5k SP to some project. I know it is not a lot so probably no matter the project I will be delegating this amount the return will not be amazing... What would be your advice??? Do it? Keep holding it? Delegate to a project that I want to support just because?? Would really love some advice 👍😉
Posted using Partiko Android
hi
I'm confused, this is beyond the share of the beneficiary rewards?