Introduction

If you have read our last post then you will probably know that the Burning Bid-Bot is not only offering 100% of its earnings to its delegators, it is also sharing the curation rewards that it earns when upvoting, this curation rewards will be used to support 5 projects that have as a focus to:

• Increase delegators earnings to provide a greater Return On Investment (ROI)
• Provide a stable source of income for delegators
• Burn Steem constantly to reduce its inflation rate and encourage more investors to come
• Curate good content and give minnows an opportunity to earn Steem and enjoy posting on the Steem Blockchain
• Provide whales an opportunity to earn almost as much as with self-voting and support the Steem community through good content curation and Steem burning

All this things will be achieved through the following 5 projects:

• Curation Project
• Burning Project
• Increased Revenue Project
• Whale Project
• Backup Fund Project

You have a brief explanation of each of this projects in the post mentioned before , but in the following posts we will be looking at each of these projects in a more detailed way, in today's post we will take a closer look at the Curation Project.

All 5 projects will be activated at once as soon as the @lrd Burning Bid-Bot reaches 100,000 Steem Power, here are the following percentages of curation rewards that each project will receive according to the amount of Steem Power the Burning Bid-Bot has:

Burning Bid-Bot Roadmap

Currently

• 100% earnings go to delegators
• 15% of Curation Rewards go to the largest delegator
• 5% of Curation Rewards are burnt

100,000 Steem Power Milestone

• 100% earnings go to delegators
• 10% of Curation Rewards go to the Curation Project
• 10% of Curation Rewards go to the Burning Project
• 10% of Curation Rewards go to the Backup Fund Project
• 10% of Curation Rewards go to the Increased Revenue Project
• 5% of Curation Rewards go to the Whale Project

500,000 Steem Power Milestone

• 100% earnings go to delegators
• 15% of Curation Rewards go to the Curation Project
• 15% of Curation Rewards go to the Burning Project
• 15% of Curation Rewards go to the Increased Revenue Project
• 10% of Curation Rewards go to the Backup Fund Project
• 5% of Curation Rewards go to the Whale Project

1,000,000 Steem Power Milestone

• 100% earnings go to delegators
• 25% of Curation Rewards go to the Curation Project
• 25% of Curation Rewards go to the Increased Revenue Project
• 15% of Curation Rewards go to the Burning Project
• 10% of Curation Rewards go to the Backup Fund Project
• 5% of Curation Rewards go to the Whale Project

5,000,000 Steem Power Milestone

• 100% earnings go to delegators
• 25% of Curation Rewards go to the Curation Project
• 25% of Curation Rewards go to the Burning Project
• 25% of Curation Rewards go to the Increased Revenue Project
• 10% of Curation Rewards go to the Backup Fund Project
• 5% of Curation Rewards go to the Whale Project

Curation Project

The Problem

There are very few curators nowadays making it almost impossible for a minnow to receive the juicy upvote they need to keep motivated enough to not give up on Steem and keep on posting quality content which is what Steem is looking for.

The Purpose

The purpose of the Curation Project is to give the chance to minnows to get upvotes for writing quality content.

How will it be done?

The main account

All the Steem Power that the Curation Project receives through the Curation Rewards that the Burning Bid-Bot generates and are assigned to fund this project will be powered up in the main account which is @curationproject.

Curator accounts

There will be multiple accounts that will be created, this accounts will receive delegations from the main account (@curationproject), all the curation rewards that these accounts generate will be powered down and powered up into the main account (@curationproject).

Human curators

This is the most important aspect of the @curationproject, all of this accounts that will be created with delegations will be given to users that want to participate in the project (they will receive the posting key to the corresponding account), these are the following rules that this curators will have to follow:

• Only upvote content that you consider to be good
• You can only upvote one of your posts once a day
• Try to be as active curating as possible

Their reward for curating good content and recognizing the hard work of writing a good post will be that they will be able to upvote one of their posts once a day.

Content regulation

Curators will also be able to flag posts which don't provide any value to the Steem Blockchain. Flags will have to be because the post is a bad one, it will not be because of the person who posted it.

What if the curator turns evil?

In the unfortunate case in which a curator that has been given one of this accounts is misusing the account by upvoting themselves or upvoting obvious non-quality posts the passwords for that account will be changed and that account will be given to other person (anyone will be able to report when a curator turns evil through our Discord).

Leveling system

If a curator is doing a great job and is being active he/she will be able to receive a higher delegation amount from the @curationproject account resulting in more earnings for them (that person is able to upvote themselves once a day) and a greater reward for the minnows that receive their upvotes, the better curator that person becomes the higher the amount of SP that will be delegated to the account that has been given to him/her.

Conclusion

The main idea for the @curationproject is to create a community of curators that cover as much tags and writing styles as possible giving minnows the opportunity to earn Steem by simply posting good content on the topic they like. Having more human curators will also encourage more people to join the platform since they will see it is possible to get rewarded for posting in Steem instead of posting on other social media.

Where will funding come from?

As soon as the @lrd Burning Bid-Bot reaches 100,000 Steem Power this project will be activated and start creating accounts to give to human curators so in order to fund this project you only need to delegate to @lrd, this is also a great investment since you will receive 100% of the earnings that your share generates and you will support other initiatives such as the Burning Project which has the aim to reduce the amount of Steem through burning: Make sure to delegate as soon as possible because we are also giving a welcome bonus of 3.5 Steem per 1000 Steem you delegate till we reach 100,000 Steem Power because we want to activate this amazing projects as soon as possible:

Delegate!!

If you want to create a custom delegation to the @lrd Burning Bid-Bot click here

10 Steem Power
20 Steem Power
50 Steem Power
100 Steem Power
200 Steem Power
500 Steem Power
1000 Steem Power
2000 Steem Power
5000 Steem Power
10000 Steem Power
20000 Steem Power
50000 Steem Power
100000 Steem Power

A list of what makes the Burning Bid-Bot unique

• 100% earnings for delegators
• It shares a big chunk of the curation rewards it generates
• It has 5 projects to amplify its effectiveness: Curation Project, Burning Project, Increased Revenue Project, Backup Fund Project and Whale Project.
• It has a welcome bonus for delegators
• Delegators can suggest changes and if good for the bot they will be applied
• Random lottery
• Giveaways (currently we have a ChibiFighter giveaway)

Premium Bonuses for delegators

Welcome Bonus

If you are delegating to another Bid-Bot and are worried about delegating to the Burning Bid-Bot because you'd lose the earnings from 7 days (the amount of time it takes to undelegate) then you've come to the right place, we are currently offering a bonus in which after delegating you will receive 3.5 Steem per 1,000 Steem delegated so you have no excuses not to delegate to the @lrd Burning Bid-Bot, this bonus will only be available till we reach 100,000 Steem Power so hurry up! You can claim your Steem through Discord.

Large delegator bonus

If you delegate 5,000 Steem Power or more you will receive 1 Free Chibi Founder, there will be a total of 3 Cibis gifted so hurry up! You can claim your Chibi through Discord.

Chibifighters Giveaway

We are giving away 2 Chibi Founders of Gen 0, in order to participate you only need to delegate at least 10 SP to the @lrd Burning Bid-Bot. Winners will be announced after we reach a minimum of 20 participants (so far there are 10 participants).

Promote your post with the Burning Bid-Bot

If you want to promote your post you can do so by sending a minimum of 0.01 SBD/STEEM to @lrd with your post url in the memo.

Rules & Terms of Service

• Bidding rounds every 2.4 hours
• Min bid is 0.01 SBD/STEEM
• Max ROI is 10% after curation rewards
• Min ROI is -10% after curation rewards
• Min Post age is 15 minutes
• Max Post age is 3 days
• Spam is not allowed (you can report it in Discord)
• Plagiarism is not allowed (you can report it in Discord)
• This bot doesn't upvote comments

Join us on Discord

Must Read!

This post has been heavily promoted to get maximum exposure, we have created this bot having the community in mind that is why we want the community to know about it and suggest new and creative ways to keep improving the Burning Bid-Bot in a way that it is profitable for delegators and that benefits the entire Steem community through projects.

Happy burning time,