Project 1: STEEMFAST-JET(SFJ) For Ghanaians (Beta Mode)

steemitghana (48)in #sfj • 7 years ago (edited)

After several days of deliberations among the board for the Ghanaian community, it became necessary that we undertake projects that will help the members of the Ghanaian community grow exponentially in the short term and much more strong standing for the long term growth. The first project that was born from this deliberation is the project coined as the Steemfast-jet.
The project is necessary to help fast track the growth of members of the Ghanaian community which will empower the community to take on projects that will enable us gain an international recognition on the platform. This will in turn increase our earnings even more and we can do much for ourselves and the Ghanaian offline community. This is the vision that led @tj4real and @kwakumax to make this generous donation of $2000 towards the project.

This article is meant to present to the Ghanaian community what this project is, why you should be part of it and how to be part.
What is project Steemfast-jet?
The name was coined from STEEM, FAST and jet for Project. STEEM stands for the currency of Steemit and ‘FAST’ stands for the exponential growth envisioned and the ‘jet’ for project but the ‘c’ is withdrawn to symbolize a the speed of growth. Participants of the project are expected to ‘fast’ for a 3 months period. It is not the religious fasting but the sacrifice of some part of your weekly earnings.
Steemfast-jet is jet scheme that is crafted out to help each member grow exponentially within three months

How does Steemfast-jet work?
2 oldies consisting of @tj4real and @kwakumax have donated a whopping $2000 into this project by powering up certain accounts. This is meant to give the accounts immersive voting power and bandwidth to vote members daily, increasing their earnings exponentially. For example if you were earning $( 0.05 to 2) per an article, you are likely to earn up to $(4-8) after joining Steemfast-jet

Does this mean all my post will get $15 after joining Steemfast-jet?
No!
Joining Steemfast-jet does not automatically guarantee that all your daily post will get boosting from the curating account.

So what article qualifies for boosting?
Each day the curating team will scan the membership of Steemfast-jet to check for their latest blogs.For your blog to qualify for boosting it must be of a high standard. It must be;

Original
Of relevance to a particular subject matter helpful to the Steemit community
Not less than 350 words
Incorporated with all necessary well referenced images or videos
Comprehensible in that the grammar must not be so bad that it would be too hard to understand the message in the content.

When all these are met, you would be qualified to get an upvote from the boost accounts once a day. You can post more articles but only one shall be upvoted unless a second one is of an extremely outstanding quality in which case it can't be ignored. But anything after two articles a day would not be upvoted.
Why not vote just any article from any member?
On steemit everything is about quality and standards which means that a poor quality work gets noticed and overtime this brings down reputation. Steemfast-jet is meant to help the Ghanaian community grow exponentially but if we endorse poor quality and substandard work the external communities will note us for our poor quality. Hence if the guidelines are followed, we will not only grow exponentially in finance but in content creation as well.
So is this free?
No!
Nothing is free in this world after all. Steemfast-jet has to be powered up by the membership hence even though you are not going to be charged, you are expected to contribute exactly 85% of your weekly earnings back into the project.

Why should I contribute 85% of my earnings back into the program?
Steemfast-jet was crafted with $2000 donated by two(2) senior members which was used to power up these curating accounts and this generosity was meant to kick start the project for the community. You would agree with me that those account's curating power need not only to be maintained but grow and it is the 85% of your weekly earnings which shall be used to do that.

How do I contribute 85% of my weekly earnings?
On every Monday from 9 pm to 10 pm when all your earnings for the week matures you would do the following calculation; simply multiply 0.85 by your total SBD earned and transfer the same amount you get to the @steemitghana account with the memo "weekly contribution"
For instance I make 85 SBD in a week and still have an article that will receive payout of 15sbd on Monday, I will wait till this 15sbd is in and then the total becomes 100sbd and I will do this calculation: 0.85 * 100sb = 85sbd
I will then transfer 85sbd to @steemitghana with the memo 'my contribution’ and am done for the week
Then I will convert the rest of my SBD in this case 15 SBD into STEEM as my savings which I can withdraw at any time.

How do I join the Steemfast-jet?
The registration is simple, all you have to do is send a minimum of 0.001 SBD to the username ‘steemitghana’ with the memo ‘registration’.

How is the project monitored to curb cheating by some members?
@tj4real have already set up systems to monitor the earnings of each individual for the week and any misconduct from members in efforts to cheat the system shall be detected and the culprits will face regrettable repercussions including a possible ban without refund.

Is it compulsory to be part of the project as a member of the Ghanaian community?
No!
It’s optional and not a requirement to be part of the Ghana community. However, it is highly encouraged because it is meant to accelerate the growth of the entire Ghanaian community and we do not want to leave anybody behind. It does not mean however, that your articles won’t get upvotes from the big boys of the Ghana community. If your articles deserves an upvote they will give it to you but you can’t get an upvote from the accounts members have contributed to build.

What do I benefit from joining Steemfast-jet?
Your earnings shall grow exponentially over the first 3 month period per the calculations that was used to draft the project. How will this happen?
Steemit has two forms of currency, the liquid form you can transfer and move around anytime you want which are in the form of SBD or STEEM and the STEEM POWER which gives you the power to curate for better earnings. STEEM power can be converted into STEEM in a process known as powering down which happens over 13 weeks after the request is made.
Now that this is clear let’s make some calculations;
Assuming you were earning 3 SBD per post after 25% percent is shared among your curators this 3SBD would be divided into 50/50 hence you would get 1.5 as SBD and 1.5 SBD worth of STEEM POWER.
Now let’s see how it would be like if you join Steemfast-jet;
You would earn much more higher for example now you earn 10 SBD
This becomes 50/50 for STEEM POWER and SBD
You will get 5 SBD and 5 SBD worth of STEEM POWER
Extrapolating this for a week which is 7 days, you will get about 35 SBD and 35 SBD worth of STEEM POWER and this STEEM power is 100% yours to keep.
Now you send 85% of the 35 SBD which is equal to 29.75 SBD leaving you 5.25 SBD for keeps!
Now let’s see the analysis being part versus standing alone
Standing alone;
Your 3 SBD extrapolating for 7 days would give you 21 SBD this is shared 50/50 hence you would get 10.5 SBD and 10.5 SBD and 10.5 SBD worth of STEEM POWER.
Now take a look at it.
You would get 10.5 SBD to spend as against 5 SBD when you join the program but in technical terms you are losing 49 SBD split as 24.5 SBD and 24.5 SBD worth of STEEM POWER. Hence in the period of the 3 months you can’t be on the same level with a member of the Steemfast-jet when you decide to stand alone.
PLEASE NOTE: STEEM POWER is the most valuable long term asset on Steemit.

When is Steemfast-jet starting?
It has already begun and a lot of members have registered already. To join just send a minimum of 0.001 SBD to @steemitghana account with the memo ‘registration’. It is better to join as early as possible because the window for registration won’t be open forever.

Which accounts would upvote me if I’m part of Steemfast-jet?
@kwabkesseh @steemitghana @benjiboey and @abdulshakun

What happens after the first 3 months?
The project would be remodeled to reward based on contribution scheme where you can donate any amount and be rewarded in terms of your percentage of your total contribution. The system would be explained better before the 3rd month ends.

What if I can’t produce quality articles?
We believe anyone can produce quality content if you put your heart to it. That said, we cannot compromise quality for anything for the sake of the image of the Ghanaian community which is very vital to our individual reputations. You may not get the most of the program if you can’t produce standard quality content but that would also mean you wouldn’t earn much on steemit either hence it is still better you join the project.

I earn much more than other members of the community so why are we all reinvesting 85%?
The architects of this project understands all the dynamics involved and your higher earnings will yield for you higher than another’s smaller earnings if you join the project. It is not gift sharing project but a calculated exponential growth system using the power of the community.

The beta mode is running for two weeks starting from Monday, 15th January 2018 to check the responsiveness of the project after which accomodation will be made to extend to the entire community populace. For now, the project is active for 30 members who have already registered by sending 0.001sbd with a memo of registration to the @steemit Ghana Account.

List of Registered Members

Members of the Ghanaian Community Include:

You can support the Ghanain community through your upvotes and comment by visiting the #ghana tag.
Thank you for the support in both upvotes and comment. Lets make steemit a better place from one community to the other.

#ghana #steemit #stach #busy

7 years ago in #sfj by steemitghana (48)

$56.26

Sort:

Trending

[-]

asarefrederick (50) 7 years ago

Thanks to @tj4real and @kwakumax for setting up this project. What I hav learnt on this platform is that u hav to invest more and in the long run u will earn more

$0.00

[-]

mcsamm (71) 7 years ago

Its an incredible project and well designed..the team is indeed growing faster and so plans of such will make things bigger and better..thanks for the brain behind this project...good to share @steemitghana

$0.00

[-]

steemitghana (48) 7 years ago

Indeed. Its a great project and its going to work with dedication

$0.00

[-]

w4c (52) 7 years ago (edited)

This inititiative is so amazing. Giving back 85% of your earnings to help the community is so wonderful. Per the calculations made in the post, it is indeed a good initiative and I entreat every Ghanaian out there to join this project of which I am already part of. Thanks @tj4real and @kwakumax for such a great project. Keep it up. We are going higher #teamghana

$0.00

[-]

kshemen (52) 7 years ago

Woow....this is the result from visionary leaders with a mission.It's the best way for us all to 'grow exponentially' as mentioned earlier. I urge the Ghanaian community to come unboard wholeheartedly and let quality speak. We shall look back some day and be glad we all joined this initiative. Big thanks to @tj4real and @kwakumax for investing in the community...i know it will be worth it in the long run. I pledge my full support. Let's go #ghana