OCD-witness updates and reward distribution
Hey everyone! Over a month ago we announced @ocd-witness, if you missed it you can read more info about it here in the post.
Ever since then we've made it up the ranks on the witness list and are currently located at a solid #57 which you can see here. During this time our witness account has managed to mine over 400 SP which will be used towards future curation by delegating to the @ocd account.
We recently also had some major updates in the project which I wrote about here.
This post is to inform everyone of our new server that we have up and running with the specs listed in the image below and how we plan on distributing the rewards the witness earns. We will continue to have a backup server of 32gb running in the background in case issues appear with the new one at any time to make sure our witness remains stable and doesn't miss any more blocks.
The rewards of the witness account will be distributed as follows:
50% will go towards all of the curators depending on stakes they have earned within the project that also holds their SP into the @ocd account. The curators can withdraw these stakes at certain periods and/or if they leave the project or are removed due to inactivity/other.
20% of the rewards will go towards @anomadsoul who has been very active with the project since the very start and has gotten more and more involved in it. He is also sharing the costs of the servers with me on a monthly basis.
20% of the rewards will go to myself as the creator of the project and in the future will be delegating more of my own SP towards it for continuous curation of newcomers of quality content which @ocd is about.
10% of the rewards will go towards the person handling and maintaining or witness.
We believe that communal witness accounts like these were rewards are used for certain projects like curation should not be in the top 20 witness list. There are however plenty of inactive and barely contributing witnesses still in the top 50. The top 20 is of huge importance and it should be held by owners who can contribute with code and are active in the development of the blockchain.
With that being said, we are hoping to maintain a healthy rank to allow the project to grow continuously with curators and posts we curate but we want to make it public that we are not striving to go for top 20 in witness ranks.
Our curators work hard on finding undervalued posts by newcomers or authors that haven't seen the rewards they deserve. We have curated over 1000 unique authors since we have begun the project and currently have over 35 curators in the team. We expect all stats to be growing exponentially at the same pace as the platform.
Here is an analysis post made by @miniature-tiger explaining how manual curators can earn more curation rewards as the main curators in the @ocd project let others front-run them for rewards. We encourage all new and old curators to vote on the nominations in posts and re-steems as they all go towards vetted and new authors that deserve the rewards and recognition. He also went through some retention stats that were looking very good considering the analysis was done before the big jump up in price of Steem and cryptocurrencies in general.
An analysis of user retention shows that over 80% of users who have been featured by OCD are still active on Steem (73% have posted within the last 14 days, 84% voted within the same time period). This is a huge percentage in comparison to the 10% user retention seen overall.
The effects of curation groups are very important for the platform and it's activity.
If you like what we are doing and want to help out, you can go to https://steemit.com/~witnesses and throw us a witness vote under the username: @ocd-witness
Bear in mind that this action requires your private active key.
If you are an inactive user that doesn't curate much but would like to spend his voting power to help out the retention rate of the platform, you can delegate to @ocd either by using the desktop wallet Vessel created by @jesta, or follow this delegation tutorial through steemconnect created by @timcliff.
If you want to delegate bigger amounts but would be interested to receive a share of the curation rewards of @ocd, feel free to contact me on discord: Acidyo #8038 or on steemit.chat under @acidyo and I will try to respond to you as fast as I can.
We are also planning on setting up a curation trail soon which you can follow the @ocd account instead to do part of or all of the daily voting for you on @ocd posts and nominations.
Thanks for reading and your consideration of a witness vote, every vote counts!
If you have any questions, feel free to ask here in the comments or in messages in the chats listed above.
As a promoter of steem, i feel bad when new users i introduced to the platform give up because they are not being recognized. You and your team are doing a wonderful job recognizing these users. And I would love to be part of your team.
Yes, @nmalove I quite agree with you, I was once giving up too on this platform when I heard that its a platform to make quick bucks and it wasn't coming.
But then I just had to re-orientate myself, bond with people wey sabi road. Lol. @nmalove, I have you and a few others to thank.
@acidyo, @ocd, is it possible for someone to have a high steem power and still not be very active in curation?
@ocd, thanks for your support. To the community and to members, it means a lot
I joined steem not too long, December last year but became active In January. I think it all depends on what is driving a new user. Some its earning immediately and not building interaction with real people and dishing out helpful contents.
Easily they get defeated. And back out.
I haven't even earn 20 dollars here but I wake up daily with a great drive to cut it out here. providing value and benefits is first and i'm sure the money will follow.
In the last few days i have brough more than 20 people to steemit.
So, thanks to people like @acidyo. I'm sure with you, these users will find it easier
Sir, you and your team's are doing a great job. Please introduce new and sophisticated updates so that it goes free from bugs and work smoothly.
The Factors that Decide the Intelligence
I have always had our members from @steemitfamilyph vote OCD as one of our witnesses because of what it does to the community in recognising good posts and rewarding underappreciated individuals.
I had my first taste of an OCD nomination 3 months ago and it spurred me to go on and create even better articles because it was such a great feeling.
As we continue to grow rest assured that OCD will always be one of the first witnesses we always add.
Really happy to be one of the original curators and appreciate how much good the project has done for minnows on the platform. I am even happier to see the user retention of featured authors. That is awesome and a testament to this project's community value.
What @acidyo is doing through curation programs and upvote help for quality posts of newly active Steemit users helps to keep their spirit and rhythm produce quality posts. I have twice the opportunity to be upvote by @ocd from @acidyo. Thank you
I am quite certain you guys will maintain the rank because of the kinds of effort you have put into the functionality of this ocd project.
a product with better distribution will always win over a superior product with poor distribution or customer access. its no fair its not right but its reality.....
great work keep it up and stay blessed
I am glad that we have movers and shakers that know what they are doing and care about the health and wellbeing of the platform while getting rewarded for their hard work. I frequently get confused about how the off shoots, platforms and applications on Steemit all work. So please keep breaking down your progress for us average bears!
This is my favorite project on Steemit! As the community continues to grow it is going to become more important to keep our authors around! What OCD is doing is exactly this!
P.S. I apologize for not voting you as a witness earlier! It has been done as of just a few minutes ago!!
No worries, as you can tell by how seldom we make posts about it we haven't been to much in a hurry with the ocd-witness, it's been more important to have everything stable before rising in ranks. :)
You're right about that! I don't think you will have a problem rising in the ranks with it! You'll be in the top 50 and then the top 20 before long! :D
This is great support for us. Just have done my witness vote for @ocd-witness
Thank you! :)
Nice post.. I did witness in it that was really amazing, i had got 30 vote but i didn't used all only some the people i liked now i will on @ocd for sure ,Thanks for the update..@acidyo