RE: The Bot Revolution on Steemit - Over 300$ Worth Of Upvotes Every Two Hours
I am familiar with the love/hate relationship with bots. I see them no different than Facebook where you make a post and it asks you if you want to boost it for $5.
In fact, on Facebook it has been found as much as 70% of the impressions were fraudulent. I’m going to cite this but there are many studies on this.
As the owner of @buildawhale I have two primary objectives, not to manipulate the windows in any way and to reward and encourage quality content.
We do not use or sell our voting power outside of our bidding windows. We also offer to value-add services rewarding awesome authors with great content. The first is our daily Curation Digest where we feature at least five of our favorite posts from 300-400 posts daily. We also have an author of the day up to three times a week where we reward an author with $100-$150 worth of votes.
I am also working on developing a new community project in the near future.
I have to pay for all 2.2M steem power I have, but I am always trying to get better prices so our bidders don’t have to lose for me to win. It has been difficult and the first 2 months were operated at a loss. I continued to do this as I had to get bigger to support the amount of users using @buildawhale while offering them profitable votes. Our value added services (Curation Digest, Author of the Day, PreVote Club) all offer value on top of the instant vote most people are looking for.
Build a whale is dope. If you ever have any work that can be done remotely would love to try to help out!!
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it's an honor to even get a response from you.
“Give Me Money. Money Me. Money Now. Me a money needing a lot now.”
The War on Drugs is such a great way to telelogically manufacture autonomous people into more desired ones while nominally maximizing public welfare by victimizing the innocent for conduct that has no victims?
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I love how you guys have pushed @buildawhale to the second biggest bot on Steemit in such a short time. thank you for the insight into your business and for your care about quality and community. I think all big bots share that sentiment and that is one of the reasons why it benefits the platform.
Facebook advertising is very ineffective. Doing that on Steemit creates a dialogue like nowhere else. I will use this advantage to do some promotional posts for my projects soon. I rather have 1000 Steemians read my post than 50k likes on Facebook.
How exactly can one get on your curation list for this nice reward?
We were the biggest for a bit but it was never about that.
@buildawhale grew at a rapid pace (20K, 32K, 50K, 217K, 470K, 970K, now 2.2M with around a week apart) because our bidding windows kept filling up and wanted to continue offer value.
I plan on doing one more massive jump soon but I think that will be the extent of our growth. I think we have enough to offer value to many users on a daily basis.
My primary focus now is to reach more people with our Curation Digest, expand it into new native languages, and offer new unique services. I have a few ideas I playing with, but I want to come out with something new and different.
How did you make 'big jumps'? Is that just regular bot income (if so, how is that a big jump instead of regular ongoing growth)?
The big jumps are just me taking larger risks with my own capital. It wasn't until last week I started to come close to break even.
That sounds super interesting. I can't wait to see what you are coming up with! :)
I think you (@themarkymark) will find your innovative family with @earthnation
I am Doron Kutash, @the-source , (www.thesource.network),
and am working at the Heartquarters of Earth Nation, building systems for a planetary transformation into Paradise on Earth. Keep up the great work! :)
You'd like someone to do translations regularly @markymark?
We are not doing translations, the plan is to do native language curation. Spanish people curating Spanish content for example.
Appreciate your investment in the platform!
Thanks
Oh I thought your updates and possibly other posts.
Yes that's a good idea
You rock @buildawhale @themarkymark
Keep being entrepreneurial, innovative, and building systems that help "we the people" become empowered to bring in new/free the people media, and a better world!
It is good that you share this. Especially with the increasing bot debate. We need to be careful how we handle vote buying/leasing.
First of all what do you mean by breaking even. Using the platform costs nothing. If you would have some setup costs, I imagine they would be solved already as you get around $100 sbd every 2.4 hours.
I hope whatever you do, you asking what will be best for the community.
Leasing steem is extremely expensive, I have been financing 6,000 steem/week out of my pocket to kick it off the ground. It has been at a loss until last week where I finally hit a break even.
It is a great effort, however, can you reach to some whales or steemit inc. for funding the curation part, I believe some big amount of SP is just sitting. I mean that @buildawhale will be profitable for time being when it will get more attention.
However, curation does have some cost: remuneration to curators, upvoting cost on quality posts and maintenance of hardware.
The curation is the best part the @buildawhale possess. If it can be scaled up, it will be huge boon for steemit community.
I have been trying and it has been my primary focus lately but it is difficult.