SMARTSTEEM: preventing abuse and generating profit for YOU

in #smartsteem7 years ago

The steem blockchain stays on top of a whole lot of lists that make it one of the best in the world and part of this blockchain are a lot of new applications and services that are being developed.

There is also a big debate going on about the ethics and abuse on the blockchain and this is something that a lot of developers are struggling with. As such they try to adapt their services in a way that balances the commercial aspect with the ethical one (not always an easy one)

one of these services is

smartsteem overall.JPG

SMARTSTEEM

Now most of you know of this service or have read about it. Here is a little recap of what is offered in this smart and ethical steem service:

  • buying from Smartmarket:

buy upvotes from the people that sell their votes to the system. The beauty of this system is that you as a user can apply to be whitelisted and so have access to a bigger pool of vote sellers.

  • Selling to Smartmarket:

just register here on smartsteem.com to sell your surplus votes. You can choose to sell to all vote buyers but can also choose to sell only to whitelisted members and as such you can be sure that your vote will not go to people that are outright scammers here on the steem blockchain.

  • Buying from Smartsteem:

this is the bidbot that is voting from the delegations and does this every 2,4 hours. You can do this by checking if it is profitable on steembottracker which is an amazing service from @yabapmatt
I have spoken to @therealwolf and he is looking into a way to prevent spammers/plagiarists from using this bot or at least blacklisting them which is another great step into improving the ethics and preventing abuse.

  • Delegating to Smartsteem:

in this part there is an option to delegate part of your steem power to the bidbot and you get a return on the profits from that delegation sent to your account on a regular basis.

INNOVATIONS

Above are all the regular services provided to Steemians that are here to grow with us on Steem without abusing the system

Now recently @therealwolf (lead developer) has added some nifty adjustments to the system.

The first of those is the Revenue Calculator.

A lot of questions are asked on how much profit would it bring if I would sell my votes or delegate so much SP and now there is an easy solution.
revenue calc.JPG

just click the button on the top right corner next to your name and a new window will pop up on the calculator. This window will offer you 2 options. I have entered my account and my SP as an example so you can see my possible revenue as well.

  • Vote Selling

  • SteemPower Delegation

Now this assumes that I do not vote on anything at any time (which is not the case as I tend to upvote thoughtful comments on my posts) or that I delegate all my Steem Power which i have not (i have 120SP delegated to Smartsteem) but these would be the maximum revenue possible when NOT blogging or voting myself (but I am to addicted to Steeming to do that).

vote selling calc.JPG
delegation calc.JPG

The second improvement are the referrals

Yes there is another way to make a little bit of extra income. @therealwolf has created a service where you really want to click this link or the pic below:
https://smartsteem.com?r=felander

Why?

well that is easy, everybody wins.

  • When you sign up through this link you will start selling your spare Voting Power and make some extra income (this becomes worth it from roughly 40SP)
  • When you sign up through this link I will receive 0,5% of every vote you sell BUT this does not come out of your cut, it comes from the profit of the system.
  • when you sign up through this link Smartsteem has more votes to sell (even though their profit is a little bit less due to the referral they pay) but they still generate more then they did before

smart referral.JPG

Join us on discord
If you have any questions, feedback, want to collaborate with us or something else you want to tell us - come and join our discord! :)

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This looks interesting. I will check it out.

its worth the while, You will not get super rich overnight but it will give you a bit of extra income here on steem that you did not have before especially with the vote selling...
you have 120sp and that should be enough to generate something (if you get 1 SBD per week then those might be worth a lot more in the future)

I have been using SmartSteem but usually its sold out of votes. (it does work some of the time though for very small amounts) I want to apply for the whitelist but I dont want to be rejected so I am going to wait until I have better content. Of course my vote is worth practically nothing so I wont be doing that in the near future but thanks for teaching me about that! :)

well @emmyem84 It is indeed a growing service.

a couple of remarks:

  • I have checked your profile and you seem to be producing nice content. I am one of the moderators on smartsteem and also do whitelisting. In my opinion that should not be a real issue in your case
  • you have 126 SP. This is enough to use the vote selling option. and the more people do the less we will be sold out of votes. If some one pays 1 sbd they need 2,6 sbd maximum back and we build that up on everyones votes together. yours could be part of that and as such you can make some extra income here on steem. The nice thing is that we only use the votes that you are not using so you lose nothing and can only gain

Thank you so much @felander, this made my morning! I think I will take the chance and apply today. And I really didnt think that vote selling would be available to me yet, that is also good news!

i have been running it on my alt account @photolander and that has 70sp and i have been making roughly 1 sbd per week which is not to bad if you think about it
If you could use my referral link I would be grateful. will not change anything for you but give me a little bit

did you manage to sign up? help you on your goal to 1000 sp :-)

I actually had an account, but then I applied to be white listed and its pending. i clicked your link to sell votes but since I have an account it seems like I cant be your referral, :/
I tried to go to the referral page and add you in the box but it wont let me. I havent signed up for selling votes just yet because I depleted my voting power up until yesterday and was waiting for it to recharge over the last couple weeks

no worries, its just a good thing you joined, and Ill ask the boss to do it manually, lol

The truth that lives up to its name, I've been reading about it and it's really perceived as an intelligent system I think I can opt to sell my vote, and that's how you say there's a lot of that vote we don't take advantage of and of course I also like to manually cure, but I'm determined to try this system, of course one of my priorities is to write and publish on topics like quality and I have the conviction that I can grow a lot more, it would be well also be part of that white list and I think I have the potential to do it, it's always good to have the opinion of someone who is in the intelligent system.

well, I would then advise you to take up the vote selling, and when you do please use my link https://smartsteem.com?r=felander

this does not cost you anything but gives me a bit (little bit) of extra
and then by all means, register for the whitelisting. we do have a bit of a backlog but are processing as fast as we can

I only have 32 SP. I think I have good content but not many people seem to see it. How can smartsteem benefit from me and how can I benefit from it? I’m all about mutualism.

well, first of all, it can sell your unused votes and that will generate some extra income
and then if you use a bit of sbd to boost your posts then it wil also generate more views and then hopefully more upvotes and followers

NEW Exchange! Opens in a few days! The next Binance! http://upcoin.com/?ID=ce32d476

binance is enough for now, and I like kucoin, have some of those

smartsteem is one of the best things to happen to minnows!
Though the earnings from vote sales is low 'cos of my voting power, but with time it really adds up!

yep, its a nice tool for building up a bit of SP but its not a quick rich scheme