SEC-S17/W5 | Whales in the Steem blockchain

Ever heard of Steem Whales? They're big players in the Steemit world, holding lots of Steem Power. These whales have a huge impact on how things work on Steem, like who gets noticed and what posts do well.

But sometimes, their power can make it hard for smaller users to feel heard or get involved.

So, Steemit is running a competition to get people thinking about how whales and everyone else can get along better.

They want to see ideas for making Steemit fairer and more fun for everyone, not just the big fish. It's a chance for anyone to join in, share their thoughts, and help make Steemit even better!

Ever wondered who the big shots are on Steem? Well, they're called whales! Imagine Steem as a giant ocean, and these whales are like the biggest fish swimming around.

They have loads of Steem Power, which means they hold a ton of influence on the platform. Just like how whales are the kings of the sea, these users are the top dogs of Steem.

But don't worry, This game is divided into several stages. Planktons, minnows, orcas, and the dolphins can all be found beneath the whales. The range of Steem Power that each steem player possesses determines its position and level of influence.

Therefore, if you are new to Steem and have a relatively small amount of Steem Power, you may be a plankton, similar to the tiny fish in the water.

But as you advance, you'll turn into a minnow, then a dolphin, and who knows, maybe if you'll be fortunate and committed enough, you'll even become a whale! The major players are whales, who possess more than 500,000 Steem Power.

Whale Account

They operate the platform and create significant waves in the community as a whole, much like the captains of a Steem ship. Thus, everyone may find a place on Steem, regardless of whether or not they are plankton aspiring to become whales or doing something else entirely.

Continue posting and swimming, and who knows? You may be the next big thing on Steem!

Top 50 Whale Accounts

Meet our two super whales bosses, Steemcurator01 and Steemcurator02! .

These two powerful individuals have enormous amounts of Steem Power: Steemcurator01 has 12.7 million Steem, while Steemcurator02 has 6 million Steem Power their own SP.

SC01, Whale Account	SC02 Whale Account

They have the ability to create a significant impact on the community, much as the major bosses of Steemit. These whales aren't only passing through quietly; that they actively select material and use their clout to promote worthy postings and producers.

Their votes have the power to significantly contribute to users, increasing engagement and rewarding content that is excellent. They play a crucial role in determining Steemit's future course and guaranteeing the growth and prosperity with their combined strength.

So, if you catch their attention with your posts, you might just ride the wave to Steemit stardom!

Meet @ rme, an overwhelming force on Steemit who is difficult to ignore. They share notoriety with other prominent accounts such as shy-fox, hungry-griffin, abb-curation, etc .. and have become known for their substantial investments and active involvement in content curation.

Prominent steem whale figure

It is said that rme alone invested a staggering $5 million in Steem, demonstrating how serious they were about the platform. These accounts are more concerned with curating important than with sharing it, making them the gatekeepers of high-quality posts.

They upvote posts they think are worthy of attention using their authority and Steem Power, which increases engagement and rewards creators who deserve it.

Therefore, even if they might not be publishing material themselves, they have a noticeable influence on Steemit, helping to shape the material available on the platform landscape and fostering the community's expansion.

Whales on Steem, like Steemcurator01 and Steemcurator02, have some important jobs to do. They're not just swimming around aimlessly; they have responsibilities to the Steem community that help keep things running smoothly.

Supporting Content Creators

One big responsibility of whales is to support content creators. They use their big Steem Power to upvote posts they like, which helps those posts get more attention and rewards. By doing this, whales encourage users to keep creating great content and contribute to the community.

Ensuring Fairness

Another important role of whales is to ensure fairness on the platform. They have the power to spot and flag any unfair behavior, like spam or plagiarism. By keeping an eye on things and using their influence wisely, whales help maintain a level playing field for all users.

Guiding the Community

Whales also play a guiding role in the Steem community. They can use their influence to promote certain topics or initiatives that they believe are important. This helps steer the community in positive directions and encourages users to get involved in meaningful discussions and projects.

Encouraging Engagement

Whales have the ability to make a big impact on engagement levels within the community. By actively interacting with other users, leaving comments, and participating in discussions, they help foster a sense of connection and belonging among Steemians. This encourages more people to join in and contribute to the platform's growth and success.

Whales, like those on Steem, have a big impact on the value of cryptocurrencies like Steem. They're not just swimming around for fun; they play a key role in determining how much a cryptocurrency is worth.

Buying and Selling

Whales can affect the value of cryptocurrencies by acquiring and selling them. When they purchase a cryptocurrency in bulk, customer demand may increase and prices may rise. Conversely, if they dump a lot of coins, it may flood the market and drive downward values.

Market Manipulation

Whales have the ability to influence markets as well. They can manipulate the value of a cryptocurrency by making significant purchases or circulating rumors. Smaller investors may find challenging to reach agreements on this, and it may cause market instability.

Building Confidence

Whales have the ability to be taken advantage of, but they can also increase trust in a coin. Holding onto coins or increasing their financial commitment in a project can indicate to other entrepreneurs that the form of currency has promise. More people may follow suit as a result, raising the price.

Long-Term Impact

Whales take into account a cryptocurrency's long-term stability in addition to short-term profits. They can stimulate entrepreneurship and industry growth by supporting the implementation of ideas they believe in and investing in. In the long run, this may result from higher pricing and a more robust market as a whole.

Whales and the Steem Blockchain; Whales, those big players on Steem like Steemcurator01 and Steemcurator02, have a crucial job to do in keeping the Steem blockchain running smoothly. They're not just hanging out; they're actively involved in how things work behind the scenes.

Supporting Content Creators

Supporting producers of content is one of whales' many vital roles. They upvote content they like to assist those positions receive greater engagement and rewards by using their significant Steem Power. As a result, people are inspired to continue producing excellent content and maintain the active Blockchain community.

Maintaining Stability

Whales also contribute to the Steem blockchain's stability. They supply liquidity and contribute to the smooth operation of the market by proactively communicating in it. Their presence guarantees a more stable environment for everybody who uses and helps minimize sharp modifications to the value of Steem.

Ensuring Governance

Whales also have an important function in governance. Voting on recommendations and modifications to the Steem standard gives them the ability to influence the platform's course. This keeps the platform changing in a positive way and guarantees that choices are made with the greatest good of the community in mind.

Encouraging Engagement

Whales also contribute to fostering interaction among Steem users. They contribute to the development of a feeling of community and connection by proactively communicating in conversations, making comments, and offering services to other users. This promotes membership and adds to the general wellness and expansion of the Steem ecosystem.

Whales on Steem, such as Steemcurator01 and Steemcurator02, experience distinct stages of their activity. Other users' interactions with Steem have been impacted by these stages.

Whales may initially watch what goes on on Soundcloud. They peruse various postings, groups, and conversations in order to gain an understanding of the terrain. They are learning about the platform that is and how they may contribute most successfully at this moment in time.

Whales may begin to invest in Steem once they are situated at ease. By purchasing tokens, they raise their Steem Power and gain greater clout on the network. By promoting greater participation and demonstrating confidence in Steem, the expenditure of this phase can have an impact on other users.

Whales frequently enter a curation phase after increasing acquired Steem Power. By constantly upvoting posts they enjoy, users contribute to the distribution of prizes and provide support to content creators.

This stage allows others who make use to gain incentives and recognition for their posts. Whales are involved in interactions with the Steem community as well. By contributing to conversations, making responses, and taking part in activities, they support the development of a feeling of belonging and involvement.

This stage promotes participation from others who make use and enhances the community's general well-being.

Whales may transition into a leadership phase as they gain more traction on Steem. This includes accepting positions such as initiating projects, guiding inexperienced users, or lobbying for network modifications.

Their leadership has the power to inspire and educate other users, influencing Steem's course. Overall, other users are impacted differently by the different phases of whales' activity on Steem.

Whales have a big impact on the Steem community and how other users interact with the platform, from demonstrating their faith in the platform to helping creative professionals and lending leadership.

Although using Steem whales has its advantages, there are disadvantages as well, particularly when interacting with heavyweights .

Other users may occasionally have difficulties as the consequence of their substantial effect on the site, but there are ways to overcome these obstacles. Feeling like they're not on an even playing field is one problem customers may encounter.

Whales have a great deal about Steem Power, which increases the weight of their votes. Smaller users might come across it more difficult as a result to gain recognition or rewards for their posts.

Users can try concentrate on engagement instead of merely aiming to obtain whales' upvotes. Users can still have an influence on the site and draw attention to their material by interacting with other users, contributing to debates, and appearing meaningful comments.

Keeping content quality high in a whale-dominated worldwide is another difficulty. Whales have a significant influence over what is rewarded, thus there may be pressure to produce content that pleases these individuals rather than putting the interests or originality of the creator front and center.

Users on Steem may increase their activities to safeguard their cash investments. Rather than dependent exclusively on whale upvotes, people should investigate alternative ways to earn rewards, such entering competitions, becoming a member of groups, or interacting with particular concerns where the influence of whales may be less noticeable.

Developing bonds towards whales might be beneficial as well. Users can boost their chances of being noticed and encouraged by communicating with them in a sincere and kind way. But rather than just asking for nice things, it's critical to do this with authenticity and sincerity.

Intro: Impact of Whales on Steem Engagement

Whales like rme have a big influence on Steem, and this can affect how ordinary users participate and engage on the platform. However there there are ways we can encourage a greater diversity of voices and contributions despite the presence of whales.

A tiny kid faces a massive Steem whale, awe-struck. [AI Creation]

Influence on Participation

Sometimes the existence of whales would like to give regular users an appearance that their contributions are less essential. Because whales have an abundance of Steem Power, smaller users' efforts may be overshadowed by the influence of whales' votes. This could deter certain people from using the platform or from participating at all.

Encouraging Engagement

Encouraging participation across each users—regardless of their Steem Power—is crucial to combating this. We can encourage regular users to keep participating part in and making contributions to the community by fostering a positive and welcoming atmosphere where everyone's voice is respected.

• Promoting Diversity

Finding and promoting content from a diverse variety of people is an example of how to actively promote an increased variety of voices and contributions. This could entail showcasing postings from less well-known users, organizing competitions or challenges that entice members of other communities people to take part, and cultivating a community that values diversity of thought and inclusivity.

• Empowering Small Users

Equalizing the playing field can additionally be achieved by giving tiny users the instruments resources, and chances to increase their popularity on Steem. This could include mentorship programs, support groups, along with educational activities aimed at assisting smaller users in understanding the online community and becoming more visible.