Minnowbooster Announces Adjustment to Profitability Scale
Today Minnowboosters is announcing a change to our profitability formula in an effort to be able to push out more Boosts to our loyal customers.
As you know, Minnowbooster has been working on a 3x profitability model. Meaning that if you were to submit a post for a boost when Minnowbooster was at 100% voting power, you would get a return of 3x what you put in to boost the post.
In Reality, Minnowbooster is closer to our minimum VP of 57%, which returns 171%.
With so many people calling on Minnowbooster to visit their posts, in an effort to keep our Voting Power Effective, we have decided that we need to make a slight adjustment to the Voting Power per post, and will be decreasing our Profitability Metric from 3x to 2.5x at 100% power.
This change, combined with the minimum Voting Power of 57% will see a minimum return of 142.5% as opposed to the 171% you were seeing with the 3x model. If you assume maximum curation reduction of 25% your end result profitability drops from 128.25% to 106.875%.
In announcing this decision @reggaemuffin stated:
What this means is we can vote more and our raise limits. Users will soon start seeing Minnowbooster as a promotional tool to get into "hot" and "trending" to boost visibility; not as a money multiplier. This is a huge step in reducing spam and abuse on Steem!
With this change, along with the new "Sell your Vote" feature, allowing us to conserve Voting Power, our hope is to get Minnowbooster off of that 57% minimum Voting Power and start getting closer to the higher Voting Power profitability we would prefer to operate at. At the same time, being able to service more overall posts, while simultaneously positioning ourselves as a post promotion service.
As Spock said "The needs of the many, outweigh the needs of the few."
This change is effective immediately, so you will already be seeing the new metrics in place. We appreciate everyone for your support as we fine tune our products in order to provide the best possible experience for our users.
Updated Terms of Service
Minnowbooster takes Boost Abuse very seriously. Abusers be warned, a new policy is being put in place and if you continue to upvote content that violates our TOS, we will be removing your upvote and declining a refund payout.
What constitutes abuse of @minnowbooster?
- Using multiple accounts to post duplicate content and purchasing MB upvotes for all of them.
- Same goes for using multiple accounts to post low quality content just to farm Minnowbooster for profits
- Upvoting posts with MB that are written in a copy / paste style.
- Using a MB vote for very short or repetitive content.
- Length is subjective, but 150 words is a good safe guideline, however original art, photography, video and animations will be exempt from the 150 word guideline.
- Think about the content you are upvoting and decide based on the criteria we have laid out.
What is @minnowbooster's new policy in dealing with abuse?
Users who violate our TOS regarding upvotes will face the following consequences:
1.) Your post will be unvoted by Minnowbooster
2.) You will not receive a refund for the original upvote.
What can MINNOWBOOSTER do for you?!
| What? | Currency | Advantages |
|---|---|---|
| Buy upvote | SBD | Earn an instant return |
| Lease SP from market | STEEM | Increase your vote strength and curation rewards |
| Delegate SP to market | STEEM POWER | Earn daily STEEM dividends |
| Invest STEEM in MinnowBooster | STEEM | Earn daily SBD dividends |
| Delegate SP to MinnowBooster | STEEM POWER | Earn daily SBD dividends |
| Sell your vote to MinnowBooster | VOTING POWER | Earn SBD share of sells |
CURRENT PARAMETERS:
| Parameter | Value | Remarks |
|---|---|---|
| Minimum Upvote | 0.01 SBD | Minimum SBD you can send |
| Upvote comments? | No | |
| Profit at 100% VP | 2.5 times | Check VP at steemnow.com |
| Daily Limit | 5.0 SBD | Maximum you can send in 24h |
| Weekly Limit | 15.0 SBD | 7 day maximum |
| Minimum SP Lease | 1 STEEM | |
| 1-3 Week Lease | 1 STEEM/75 SP | Price per week/Lease size |
| 4-24 week Lease | 1 STEEM/150 SP | Price per week/Lease size |
Provide us with feedback
We are happy to hear your feedback about where we can improve.
Join our Discord chat
Get support and connect with us and other Minnowbooster fans!
We are always looking to improve @minnowbooster and try to keep you up-to-date whenever something changes. If you have any suggestions about what we should change or add to @minnowbooster, then please write us a comment :)
Missed the BuildTeam announcement? Here's all the juicy details.
Video Tutorials
MinnowBooster Tutorial #1: Delegating SP to MinnowBooster
MinnowBooster Tutorial #2: Powering up STEEM to MinnowBooster
MinnowBooster Tutorial #3: Upvoting Posts with MinnowBooster
MinnowBooster Tutorial #4: Leasing Delegated Steem Power with MinnowBooster
MinnowBooster Tutorial #5: Delegating Steem Power to the Market
Minnowbooster : Sell Your Vote to MB for SBD! Upvote Bot Market (UBM) Revealed!
Minnowbooster Browser Extension - Powered by BuildTeam
Minnowbooster New Feature: Auto-Claim Rewards
Minnowbooster Upvote - 15 Minute Delay Policy and New SBD Limits for Upvotes.
And last but not least, here's our cute little footer made by the most epic @ryivhnn! Yes, there are cute little minnows floating around!
Minnowbooster is a @buildteam project by @thecryptodrive (witness) @cryptomancer and @reggaemuffin (witness)
Visit our flashy new website minnowbooster.net!
This is a @steemvoter subscription payment post. Thank you to Steemvoter customers for allowing us to use your Steem accounts to upvote this post by virtue of your free subscription to the Steemvoter.com bot service. @steemvoter is proudly a @buildteam subsidiary and sister project to @steemsports and @minnowbooster.
You can just tell that some Steemians truly have others in mind and listen to the pain points of the community. This is sending the absolute correct message to everyone and gives us minnows more hope to trend/get a following. Previously, I think the service was somewhat exploited a bit for the profit element and sadly depleted for those who really needed it for exposure. It also stays true to the mission of the service overall.
Bots should be for the good of the community, not an easy button for money. A step like this, while not mandated or necessary, shows that the team behind minnowbooster is living up to its name.
Thank you @reggaemuffin and all involved in the backdrop for doing the right thing. Looking forward to the next development and investing in helping when I have enough clout.
Thanks for speaking out my heart
Plz plz plz sir ji vote me
I beg you, please ask me sir
begging is really uncool :/
Is that what you say to beggers on the street? Maybe they really are in desperate situations.
Yeah sure, that can happen. And here on steem they are not a beggar on the street but someone who is spamming into a discussion.
Imagine this: You are in a conversation and someone interrupts you and jumps up and down 'Here, I am free, please, throw me your money, you have to, please sir plz plz plz' how would you react?
fair enough
True
Portuguese version of this post/Versão deste post em Português:
Minnowbooster Anuncia Ajuste à Escala de Rentabilidade
Spanish version of this MinnowBooster publication / Versión en español de esta publicación
https://steemit.com/minnowbooster/@simnrodrguez/minnowbooster-anuncia-ajuste-en-su-escala-de-rentabilidad
What a great idea. Using @minnowbooster to encourage the posting of quality content and boosting it into the trending and hot pages for better visibility. It is great to see this service adapting and changing to better suit the needs of STEEM as a platform and users as well.
Plz plz plz sir ji vote me
I beg you, please ask me sir
okay I'll flag you now...
LOL (hey, @reggaemuffin did vote for you)
thanks :)
He was asking for it 😂😂😂😂
Plz sir kindly vote me plz
I think this is a good move. We shouldn't be trying to profit directly from bots.It should more about being able to successful promote our posts to a wider audience by getting on the hot and trending lists. This way the quality posts can perform.
I totally agree with you...
In my opinion minnowbooster is the best voting bot with maximim returns. Keep it up !!!!
Good job. Its encouraging to see your team innovating ans always trying to make things better. Clamping down on abuse and removing the incentive to spam helps us all. Now we just need the other big bots to clean up their act too :)
Working on that. : )
Would be interesting to see if dart is using bidding bots :) The blacklist offer still stands
Please send me that blacklist, bellyrub only has a handfull.
answered you on steemit.chat :)
So it's becoming difficult to figure out how much one is allowed to bid. Hard enough when it changes constantly, but you guys have made it crystal clear to everyone they need to check, so no biggie.
But now, you've got different numbers at the URL than you do in you "latest" post. I usually use the URL to be quick and check. I did so a few minutes ago....it said 10 a day, 35 a week. Good to go, sent 10.
Got a message back telling me you couldn't do 10, making sure to also list how much it "would" have been worth, that you can't do. So I'm stuck going back to this thread, which is 4 days old, and things change quickly with you guys....4 days is almost a lifetime. LOL
So....where should we be looking for parameters? Is the url not the place anymore? Any help is appreciated, thanks.
EDIT:
AND NOW it's kicked back my 5 SBD....WTH???
I stand by this decision 100%. Minnowbooster is and should be used as a tool for gaining exposure for content creators who are looking to have their hard work be seen by enough people.
Though costing more, it makes it perfect sense for content creators like myself, with higher limits, especially daily limits to give our own post a boost so as to have our content see the light of day.
I use minnowbooster on every single one of my posts for just that fact and wil continue to do so.
May I ask, however, what the new limits will be? I have just checked on minnowbooster.net, and aside from the monthly limit being raised to 100SBD the daily and weekly values have remained the same.
BuildTeam is doing tremendous work for the Steemit community and I really appreciate it. Minnowbooster literally created an implementation independent, rendering the use of Steemit's native 'Promoted' Page obsolete.
Which is an absolute travesty as there is so much potential for Steemit to properly monetize that and negate the inflation of Steem!
Maybe, just like minnowbooster however, I should do something about it rather than simply say it isn't working.
God Speed Brethren.
We are currently rolling out a whitelist that will allow verified quality posters to go up to 100 SBD once and essentially have one shot at the trending page. Check out our discord to apply for it. Official posts will be out the next days as we define the criteria for it.
yess
Wow that's exactly something I would use! That's great!
Looking forward to the follow up.
Thank you!
That sounds good too. I try and post just once a week and make sure it's decent quality so I would definitely be interested in this. It would be a great help to professionals who are just part-timers and/or starting out on the platform.
Hello @minnowbooster thank you for your effort.
"your end result profitability drops from 128.25% to 106.875%." It is very bad for minnows you reduce the return very much and not forget that there are a curation return so the minnows now is in lost! The minnow paid his vote, paid a curation and 0 return. Excuse me @minnowbooster you think to cut the abuse but you will cut also the minnows :(
I want suggest you smart idea to distinct the abuse:
Make upvote level:
*For 1sbd and less=> give them 200%: they are minnows 100%
*For more than 1sbd=> give them 90% : they are not minnows.
The minnows havent money to invest :)
I hope you think to my idea or help us with other solution i know you are very smart.
I think you are confusing this a bit. We factored in curation. You try to apply it twice. We don't want you stealing the curation from your voters and that won't change.
stealing!!! what i steal if i pay my vote! You dont understand me.
To answer your deleted comment. Minnowbooster will choose changes that benefit steem over changes that just benefit MB. A competitive mindset will not get you far. If you feel like that is nothing for you, there is a free market you can choose from. And you can vote for witness who you want, including jerry :)
I delete it because i was stressed. We arent english member so very very hard to get upvote. I want grow quickly to help my team to grow and write great article using our language. I use MB to grow up my power then i can help others with that and encourage my team :)
If you only use MB to earn more money, then please stop using it. IF you use it to get more friends and followers then you are taking away their curation rewards by voting in the first minute.
مرحبا اختي جوليا
أنا إستعملت خطة تقوية Apvote
و إتبعت شرح الفيديو وبعد تجهيز المنشور مباشرة
قمت بإرسال
1 sbd
إلى minnowbooster
ولكن رفض مما قمت بتخفيظ القيمة
ياترى ماسبب؟
إنظر إلى هذا التفاصيل
31 minutes ago Transfer 0.070 SBD to minnowbooster https://steemit.com/life/@slimanepro/surviving-drought-in-south-africa
47 minutes ago Receive 1.000 SBD from minnowbooster Sorry, we could not upvote you with 1.000 SBD ⇒ $1.711, please try a different amount. Our website https://www.minnowbooster.net has a graph with what sends are currently working.
48 minutes ago Transfer 1.000 SBD to minnowbooster https://steemit.com/life/@slimanepro/surviving-drought-in-south-africa
اخي هناك جرافيك في هذا الرابط اتبعه ستجد فيه كم
sbd يمكنك ارساله
https://www.minnowbooster.net/
اكتب محتوى جيد لتضاعف ارباحك و تبني حسابك بسرعة ان شاء الله بعد ان اقوي حسابي ادعمكم
شكرا أختي جوليا على الدعم
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0.25 STB
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هل من علاقة مع قيمة ستيم باور خاص بي