Thank You Supporters - VIP Is ClosedsteemCreated with Sketch.

in greed •  8 years ago 



Due to the lack of support for this community project. I will be shutting down VIP. This goes to show the greed in the community. Voters lowering their percentage ultimately lowered not only their own rewards, but others as well.

Thank you.

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This news distress me a lot, I find it hard to believe that there are no solidarity people to finance your project, a non-profit project.
I appreciate your work friend @ voteinterestpool, I am very sorry for what you are going through.

@voteinterestpool
This project needs to be Nurture. You haven't give it enough time. not many steemians aware of it.

I can vouch for that. What's this? Only saw because @abit resteemed.

Very sorry to hear this. I supported VIP and I'm terribly saddened to see it go.

This is sad news. I supported this initiative with 100% votes all the time. I share the same gripe with how other people vote. I really don't understand why people would be greedy not giving 100% of their votes, especially to a good cause. Good effort though, mate.

Don't give up and give it some more time! Projects like this sometimes really take a long time to grow. I always vote 100% on posts because if I like it, I like it 100%. No need for me to lower that. I really hope you will give it some more time! A few more weeks!

Just found this project.. too late?

Thanks @abit

Too bad you can't automate it?

automate a fraction of a cent value? Is your vote worth a fraction of a cent to you? I think it's worth hundreds, thousands, millions of dollars.

If it ran on automatic the value of the transactions wouldn't really matter.
Those fractions have taken me from 3sp to 35sp.
With some help from steemsports.

really? if you haven't noticed, each payout decreased... I don't know how you can come to that conclusion. the last payout was .007 SP... your sp earnings is probably 99% steemsports. Nearly 400 votes to divide 96cents... Even automated, I take hours working on a post. It is really not worth running automated and put in all those hours of work to automatically give voters almost nothing. You are better off voting on a post and receiving curation rewards wouldn't you say @freebornangel?

Yeah, I guess if you put it that way.
It would take some support from the ricos, absent that I'm sure you are right.

I wish I wasn't. It's the sad truth.

This post has been ranked within the top 10 most undervalued posts in the first half of Nov 09. We estimate that this post is undervalued by $19.68 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Nov 09 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

Thank you for trying. Unfortunately greed is unavoidable.

sorry to hear this. :(

I was interested. Maybe the timing was off? Try it again when Steemit is out of beta and has a larger base. Rewards have to be balanced first.

Don't go.

Thanks for trying

Damn, this is heart-breaking. I rarely lower my percentage.

MIA

thats sad :(

I don't think I've ever used anything less than 100%. It saddens me to see how many people still insist on adjusting that slider... RIP VIP :(

Thank you for the show of support from these comments. I cannot continue to manually payout around 400 voters .007 of Steem. Last time I checked, that was a fraction of a cent value. I think your votes are worth more than that. If voters are returning to vote and support the project, your rewards should be increasing. Not decreasing. Of course there are many other factors but the time spent voting on this post can be spent voting on a post where you can get a curation reward worth more than a fraction of a cent or .007 SP. That was the sad truth. I did have someone working on a payout script but their time was taken by other things and it was just bad timing on that. Maybe I'll reconsider in the future as of now I am unable to maintain VIP and would need to see something more substantial to restart this project.

Thank You.

I always gave you 100% brotha

It's not only the voting percentage, but if VIP is powering all these voters accounts, things should increase. I noticed after powering people up, there are some that was giving let's say 100% from the start, lowered it to 50%, then I seen people drop all the way down to 1%. Which would explain the the drop in reward. Also the fact that there wasn't any whale support and there were a couple that I would considered a whale don't see to support it with 100%. The percentage doesn't really matter because people can use their voting percentage as they please. It was the lack of community support. Community meaning new users, old users, whales, minnows, coders, etc etc. Each are needed to do their part.

It's sad that you were doing that manually. Hope the situation get improved sooner.

I would have no problem doing it manually if I am sending 1 steem to voters. I cannot continue to ask for the voters to take time of out their day and using their vote to receive less and less. Voters deserve better than that.

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That's really sad :-(